Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Ordinance 22-053, relating to Property Taxes; fixing the 2023 Conservation Futures Property Tax Levy for Snohomish County and Preserving Future Levy Capacity
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DEPARTMENT: Finance
ORIGINATOR: Debbi Mock
EXECUTIVE RECOMMENDATION: Approved by Ken Klein 09/27/22
PURPOSE: The purpose of this ordinance is to fix the 2023 conservation futures property tax levy.
BACKGROUND: This ordinance sets the levy amount for Snohomish County conservation futures property tax. This ordinance sets the levy amount at 101%, of the 2022 levy amount, plus any additional amounts under the new construction, improvements to property and state-assessed property provisions of RCW 84.55.010.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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Conservation Futures Property Tax |
$4,497,051 |
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TOTAL |
$4,497,051 |
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DEPARTMENT FISCAL IMPACT NOTES: This is included in the 2023 Executive recommended budget.
CONTRACT INFORMATION:
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ORIGINAL |
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CONTRACT# |
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AMOUNT |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
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END |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by Finance - Nathan Kennedy 09/27/22