2015/10/21 Council Agenda Packet

8 ORDINANCE NO. AN ORDINANCE levying the general taxes for the City of Everett for fiscal year commencing January 1, 2016, on all taxable property, both "real and personal, subject to taxation thereon, for the purpose of raising a portion of the revenue to carry on City operations for the ensuing year, as required by the Charter of the City of Everett and the laws of the State of Washington WHEREAS, the City Council of the City of Everett duly and regularly adopts as required by law the estimate of the amounts required to meet the public expense of said City for the ensuing year and the amount to be raised by taxation in said City for said ensuing year from sources other than direct taxation; and WHEREAS, the City Council of the City of Everett is considering its budget for the calendar year 2016; and WHEREAS, the City Council, in the course of considering the budget for 2016, reviews all sources of revenue and examines all anticipated expenses and obligations; and WHEREAS, the City Council finds that in order to meet the rising cost of providing essential public services, a substantial need exists to increase regular property tax collections by one percent as provided for in RCW 84.55:0101; and WHEREAS, the qualified electors of the City voted approval in 2010 of a levy lid lift for additional regular property tax in an amount equal to a maximum of $0.50 per thousand dollars of the assessed value of property in the City for funding an emergency medical services program; and NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: Section l: That there be, and hereby is, levied upon real and personal property in the City of Everett, subject to taxation thereon, a general property tax for municipal purposes for the ensuing year corn nencing on January 1, 2016, as follows: REGULAR PROPERTY TAX LEVY The Everett City Council_ hereby authorizes the property tax levy for collectioil '7<q :- _