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2786ORDINANCE NO.2786 AN ORDINANCE FIXING THE AMOUNT TO BE RECEIVED FOR MUNICIPAL PURPOSES FROM TAXATIONS ON ASSESSED VALUATIONS ON PROPERTY WITHIN THE CITY OF MOSES LAKE,WASHINGTON FOR 2016 THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAIN AS FOLLOWS: Section 1.Preamble: A.RCW 84.52 requires the governing body of the City of Moses Lake to fixthe estimated amount to be raised by taxation on assessed valuation on property within the City of Moses Lake B.The City of Moses Lake's highest actual levy amount occurred in 2011 and was $10,222,955. C.The City is allowed by law to increase its tax levy by 1%over the highest levy amount it has ever received since 1985,which for the City of Moses Lake was $10,222,955 in 2011. D.The City of Moses Lake's actual levy amount from the previous year,2015,was $6,133,579, which was reduced from the anticipated levy in 2015,because of an appeal of a taxpayer's assessment before the Grant County Board of Equalization (BOE).The BOE's decision has been appealed to the State of Washington's Board of Tax Appeals.The reduction in levy amount will probably remain in place until a resolution of the appeal. E.The City of Moses Lake has a population of more than 10,000. F.Public hearings were held,with notice duly provided,to consider the city's current expense budget for the 2016 calendar year pursuant to RCW 84.55.120. G. The City Council of the City of Moses Lake,after hearing and duly considering all relevant evidence and testimony presented,determine that the Cityof Moses Lake requires an increase in property tax revenue from the previous year,in addition to that resulting from the addition of new construction and improvements to property,any increase in the value of state assessed utility property,and any increase due to the annexation of new territory and refunds made,in order to discharge the expected expenses and obligations of the city. Section 2: Tax Levy:The following taxes for general municipal purposes for the City of Moses Lake for the year 2015 be and the same are hereby levied upon all taxable property within the City of Moses Lake. An increase inthe regular property tax levy of $4,191,606,in addition to the increase resulting from the addition of new construction and improvements to property as authorized by RCW 84.55.010,and any increase inthe value of state assessed utility property, is hereby authorized for the 2016 levyinthe amount of $15,000,000 which is a percentage increase of 59.109473%from the previous year,and any increase due to the annexation of new territory, new construction, and refunds made. Included in the levy increase is a 1% percentage increase inthe highest levy amount the Cityhas received since 1985 which was $10,222,955 in 2011,in the dollar amount of $102,230. Section 3. This ordinance shall take effect and be in force five (5)days after its passage and publication of its summary as provided by law. Adopted by the City Council and signed by its Mayor on November 10,2015. ATTEST:Dick Deane,Mayor W.Robefi Taylor,Fitfante Director APPROVED AS TO FORM: a TnMijri Katherine L.Kenison,^Qit^Att6me