Item Coversheet

BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT

Item No. 10.
For Meeting of: November 5, 2019

ITEM TITLE:Public hearing and ordinances pertaining to Ad Valorem Taxes to be levied for collection in Fiscal Year 2020                                                                                              
SUBMITTED BY:

Cynthia Martinez, Interim City Manager

Steve Groom, Director of Finance & Budget

SUMMARY EXPLANATION:

This agenda item includes two (2) separate ordinances, steps required by statute to establish the property tax levy. 

 

Ordinance A identifies Council's intent to authorize an increase in the tax levy over 2019 levels. It is required by RCW 84.55.120. This is legally necessary to increase the 2020 tax collections by any amount over 2019 levels.

 

Ordinance B fixes the maximum tax levy for collection by the City in 2020. This ordinance complies with RCW 35.33.135 and in accordance with Article VII, Section 2 of the City Charter, requires a super-majority approval (i.e. a minimum affirmative vote of five members) by City Council.

ITEM BUDGETED:Yes
STRATEGIC PRIORITY:Public Trust and Accountability
APPROVED FOR SUBMITTAL:  Interim City Manager

STAFF RECOMMENDATION:
Pass ordinances.
BOARD/COMMITTEE RECOMMENDATION:
ATTACHMENTS:
DescriptionUpload DateType
2020 Property Tax Levy Memorandum10/24/2019Cover Memo
Ordinance A10/24/2019Cover Memo
Ordinance B10/24/2019Cover Memo