2017/10/25 Council Agenda Packet

EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET PROJECT TITLE: An Ordinance levying the 10/25/17 Briefing COUNCIL BILL# Cei I (®>1 general taxes for the City of Proposed Action Originating Department FINANCE Everett for fiscal year Consent Contact Person Susy Haugen commencing January 1,2018, Action Phone Number 425-257-8612 on all taxable property,both 10/25/17 First Reading FOR AGENDA OF October 25,2017 real and personal, subject to 11/1/17 Second Reading taxation thereon, for the 11/8/17 Third Reading purpose of raising a portion of 11/8/17 Public Hearing Initialed by: the revenue to carry on City Budget Advisory Department Head operations for the ensiling year, as required by the — Charter of the City of Everett CAA and the laws of the State of Council President Washington Location Preceding Action Attachments Department(s)Approval Revenue Workshop on Ordinance September 20,2017 Amount Budgeted -0- Expenditure Required -0- Account Number(s): Budget Remaining -0- Additional Required -0- DETAILED SUMMARY STATEMENT: This ordinance sets the amount of the City's 2018 property taxes and directs the Snohomish County Assessor to include them in the property tax levy. As a matter of practice,we estimate the amounts to be used and ask the Assessor to determine and use the correct rates for general property taxes. The ordinance includes the levies for the general fund and Emergency Medical Services (EMS). The 2018 property tax ordinance calls for a one percent increase in the regular levy and a 1%increase in the EMS levy. RECOMMENDATION: Adopt an Ordinance levying the general taxes for the City of Everett for fiscal year commencing January 1, 2018, 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. 1