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I <br /> ORDINANCE NO. <br /> AN ORDINANCE levying the general taxes for the City of Everett for fiscal year <br /> commencing January 1,2015, on all taxable property, both real and personal,subject to <br /> taxation thereon,for the purpose of raising a portion of the revenue to carry on City <br /> operations for the ensuing year,as required by the Charter of the City of Everett and <br /> ,the laws of the State of Washington <br /> WHEREAS,the City Council of the City of Everett duly and regularly adopts as required by <br /> law the estimate of the amounts required to meet the public expense of said City for the <br /> ensuing year and the amount to be raised by taxation in said City for said ensuing year from <br /> sources other than direct taxation; and <br /> WHEREAS,the City Council of the City of Everett is considering its budget for the calendar <br /> year 2015; and <br /> WHEREAS,the City Council,in the course of considering the budget for 2015,reviews all <br /> sources of revenue and examines all anticipated expenses and obligations; and <br /> WHEREAS,the City Council fmds that in order to meet the rising cost of providing essential <br /> public services, a substantial need exists to increase regular property tax collections by one <br /> percent as provided for in RCW 84.55.0101; and <br /> WHEREAS,the qualified electors of the City voted approval in 2010 of a levy lid lift for <br /> additional regular property tax in an amount equal to a maximum of$0.50 per thousand <br /> dollars of the assessed value of property in the City for funding an emergency medical <br /> services program; and <br /> NOW,THEREFORE,THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: That there be, and hereby is, levied upon real and personal property in the City <br /> of Everett, subject to taxation thereon, a general property tax for municipal <br /> purposes for the ensuing year commencing on January 1, 2015, as follows: <br /> REGULAR PROPERTY TAX LEVY <br /> The Everett City Council hereby authorizes the property tax levy for collection <br /> in the year 2015 at$34,078,892 (including a$337,413 increase in dollar amount, <br /> which is a 1%increase over the amount of taxes lawfully levied by the City in <br /> 2014),plus an estimated$400,000 from new construction, improvements to <br /> 2 <br />