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HomeMy WebLinkAboutResolution No. 31511/30/2006 10:23 FAX 206 4470215 0 002 CITY OF MEDINA RESOLUTION NO.315 FIXING THE AMOUNT OF THE PROPERTY TAX LEVY FOR THE FISCAL YEAR 2007. WHEREAS, the City,s actual levy amount from the previous year was $2,147,610; and WHEREAS, the population of the City of Medina is less than 10,000; BE IT RESOLVED, that by the governing body of the City of Medina that an increase in the regular property tax levy is hereby authorized far the levy to be collected in 2001 tax year - The dollar amount of the increase over the actual levy amount from the previous year shall be 421,476 which is a percentage increase of 0°Yo from the previous year. This increase is inclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, any increase in the value of state assessed property, any annexations that have occurred and refunds made. PASSED BY THE CITY COUNCIL THIS 27" DAY OF NQUJIBER 2006, AND SIGNED IN AUTHENTICATION OF ITS PASSAGE ON THE 29 DAY OF _ 90Vfjt1ftK 2006. Miles P, Adam, Mayor A roved as to form: City Attorney Attest: 1AA=e Re et Baker, City Clerk Rvaa4 W no 375 By Ordinance 2152 of the Metropolitan King County Council, Taxing Districts are required annually to submit the following information regarding their tax levies for the ensuing year as part of a formal resolution of the District's governing body. THE KING COUNTY ASSESSOR HAS NOTIFIED THE GOVERNING BODY OF C; f y of in e d l n a THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN THE BOUNDARIES OF SAID DISTRICT FOR THE ASSESSMENT YEAR 2006 IS: REGULAR (STATUTORY) LEVY (AS APPLICABLE): EXPENSE FUND - TEMP. LID NAME - TEMP. LID NAME - TEMP. LID NAME _ RESERVE FUND OTHER (SPECIFY) OTHER (SPECIFY) EXCESS (VOTER APPROVED) LEVY: (Please list authorized bond levies separately.) G.O. BONDS FUND LEVY G.O. BONDS FUND LEVY G.O. BONDS FUND LEVY q86, 6.2A $- --- a_j /26,_ /3y $ O $ O $ O $ O $ $ $ $_ SPECIAL LEVIES (INDICATE PURPOSE AND DATE OF ELECTION AT WHICH APPROVED): $ $ d TOTAL TAXES REQUESTED: THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR TAX YEAR 2007 AND THEY ARE WITHIN THE MAXIMUMS ESTABLISHED BY LAW. q-10 ✓ /l 3o D (AUT ORIZED SIGNATURE) (DA E) SUMMARY OF RESOLUTION NO. 315 of the City of Medina, Washington On November 27, 2006, the City Council of the City of Medina, Washington, approved Resolution No. 315, the main points of which are summarized by its title as follows: A RESOLUTION FIXING THE AMOUNT OF THE PROPERTY TAX LEVY FOR THE FISCAL YEAR 2007 AS REQUIRED BY R.C.W. 84.55.120. The full text of this resolution will be mailed upon request. APPROVED by the City Council at their meeting of November 27, 2006. 4wk—� R chel Baker, City Clerk Resolution No 315