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, -7, , EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET _?,K 4 #; ; <br /> , <br /> PROJECT TITLE: <br /> An Ordinance setting City of Consent COUNCIL BILL# C(564IO-50 <br /> Everett property tax levies for Action Originating Department Finance <br /> fiscal year 2005 and directing 10/13/04 First Reading Contact Person Debra Bryant <br /> the Snohomish County 10/20/04 Second Reading Phone Number X1980 <br /> Assessor to levy said taxes 10/27/04 Third Reading FOR AGENDA OF 10/13/04 `~ <br /> 10/27/04 Public Hearing <br /> Initialed by: <br /> Department Head 111 <br /> CAA _�� <br /> Council President /�! <br /> Location Preceding Action Attachments Department(s) Approval <br /> Property Tax Ord <br /> Amount Budgeted <br /> Expenditure Required Account Number(s): <br /> BudgetRemaining <br /> Additional Required <br /> DETAILED SUMMARY STATEMENT: <br /> This ordinance sets the 2005 levy rates and directs the Snohomish County Assessor to include them in the <br /> property tax levy. As a matter of practice,we estimated the amounts to be used and ask the Assessor to <br /> determine and use the correct rates for general property taxes. The amounts for taxes relating to specific <br /> bond payments are known and exact amounts are used in the ordinance. The ordinance includes the levies <br /> for general funds, EMS, and two voter-approved bond issues. The 2005 property tax ordinance calls for a <br /> one percent increase in the regular levy. <br /> RECOMMENDATION: Adopt the proposed ordinance setting City of Everett property tax levies for fiscal <br /> year 2005 and directing the Snohomish County Assessor to levy said taxes. <br /> 45 <br />