2360Adopted by the City Council and signed by its Mayor on NovernIp.er....13.„2007.
Ronald C. Covey, Mayor
ATTEST:
onald R. Cone, Finance Director
APPR ED AS F•
41,
J mes A. Whitaker, City Attorney
ORDINANCE NO. 2360 • 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 2008
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 fix the estimated amount
to be raised by taxation on assessed valuation on property within the City of Moses Lake
B.The City of Moses Lake has a population of more than 10,000.
C.Public hearings were held, with notice duly provided, to consider the city's current expense
budget for the 2008 calendar year pursuant to RCW 84.55.120.
D.The City Council of the City of Moses Lake, after hearing and duly considering all relevant
evidence and testimony presented, determine that the City of 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 stated
assessed utility property, and any increase due to the annexation of new territory, 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 2008 be and the same are hereby levied upon all taxable property within the City of Moses Lake. An
increase in the regular property tax levy of $29,512, 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 in the
value of stated assessed utility property, is hereby authorized for the 2008 levy in the amount of $3,200,000
which is a percentage increase of 1.00% from the previous year, and any increase due to the annexation of
new territory and new construction.
Section 3. Effective Date: This ordinance shall take effect and be in force five (5) days after its passage and
publication as provided by law.