HomeMy WebLinkAbout4027 Property Tax 2026RESOLUTION NO. 4027
A RESOLUTION FIXING AND LEVYING THE AMOUNT OF AD VALOREM TAXES NECESSARY TO
DISCHARGE THE EXPECTED EXPENSES AND OBLIGATIONS FOR THE 2026 BUDGET FOR THE CITY OF
MOSES LAKE
Whereas, the City Council of the City of Moses Lake has considered its budget for calendar year 2026 as
part of its 2026 Budget development process; and
Whereas, RCW 84.52 requires the governing body of the City of Moses Lake to fix the estimated amount
to be raised by taxation on assessed valuation on property within the City of Moses Lake; and,
Whereas, the Grant County Assessor has submitted a preliminary estimated assessed value of all taxable
property situated within the boundaries of the City equal to $4,077,394,653; and
Whereas, pursuant to chapter 84.55 RCW a taxing jurisdiction may levy property taxes in an amount no
greater than the highest regular tax which could have been lawfully levied beginning with the 1985 levy
multiplied by a limit factor; and
Whereas, the limit factor for taxing jurisdictions with a population of 10,000 or greater is the lesser of
101% or 100% plus inflation, which as of September 26, 2025, has been determined to be more than
101% for 2026; and
Whereas, the City has determined to maintain the City’s 2026 general property tax levy at 100% of the
amount of the 2025 general property tax levy; and
Whereas, the City desires to protect the City’s future levy capacity pursuant to RCW 84.55.092; and
Whereas, the property tax levy set out in Section 1 is intended to included additional amounts, if any,
that may be allowed under the new construction, increases in assessed value due to improvements to
property, increases in assessed value of real property within an increment area and state-assessed
property provisions of RCW 84.55.010, and as provided in RCW 84.55.070, the refund provisions of
Chapters 84.68 and 84.69 RCW; and
Whereas, the City of Moses Lake City Council finds that the levy of general fund property taxes set forth
in this resolution is in the best interests of the City, and
Whereas, as required by State laws, a public hearing on the City’s property tax levy authorization was
properly noticed and held on November 12, 2025;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF MOSES LAKE CITY COUNCIL:
Section 1. Estimated Amount to be Collected by Ad Valorem Taxation.
The amount of revenue to be collected by the City in the fiscal year 2026 by taxation on the assessed
valuation of all taxable property situated within the boundaries of the City is estimated to be the sum of
$10,613,642.12.
Document Ref: SEDGV-NEEYU-OXUY7-PRQND Page 1 of 2
Section 2. Increase in Property Tax Revenue From the Previous Year.
The 2026 regular levy amount includes increases from (1) new construction and improvements to
property, (2) increases in the assessed value of real property within an increment area, (3) increases in
the value of state-assessed property, (4) amounts authorized by law as a result of any annexations that
have occurred, as well as applicable refunds ($0.00) already made and (5) an increase in the regular
property tax levy from the previous year of zero ($0), or zero percent (0.0%).
Section 3. Any unused general property tax levy capacity for the 2026 tax year is reserved for future
levy as provided by RCW 84.55.092.
Section 4. The City Clerk is directed to transmit and file a certified copy of this resolution with the Board
of Grant County Commissioners and the Grant County Assessor on or before November 30, 2025.
Section 5. This resolution shall take effect January 1, 2026.
ADOPTED BY THE CITY COUNCIL and signed and approved this 12th day of November 2025.
__________________________________________
Dustin Swartz, Mayor
ATTEST:
_________________________________
Debbie Burke, City Clerk
Document Ref: SEDGV-NEEYU-OXUY7-PRQND Page 2 of 2
REF. NUMBER
SEDGV-NEEYU-OXUY7-PRQND
DOCUMENT COMPLETED BY ALL PARTIES ON
19 NOV 2025 17:20:52
UTC
SIGNER TIMESTAMP SIGNATURE
DEBBIE BURKE
EMAIL
DBURKE@CITYOFML.COM
SENT
19 NOV 2025 16:27:58
SIGNED
19 NOV 2025 16:27:58
IP ADDRESS63.135.54.162
LOCATION
MOSES LAKE, UNITED STATES
MAYOR DUSTIN SWARTZ
EMAIL
DSWARTZ@CITYOFML.COM
SENT
19 NOV 2025 16:27:58
VIEWED19 NOV 2025 17:20:37
SIGNED
19 NOV 2025 17:20:52
IP ADDRESS
104.193.239.74
LOCATION
MOSES LAKE, UNITED STATES
RECIPIENT VERIFICATION
EMAIL VERIFIED
19 NOV 2025 17:20:37
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