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File #: 2022-0985    Version: 1
Type: Budget Ordinance Status: Approved
File created: 9/22/2022 In control: Public Hearings
On agenda: 11/9/2022 Final action: 11/9/2022
Title: Ordinance 22-053, relating to Property Taxes; fixing the 2023 Conservation Futures Property Tax Levy for Snohomish County and Preserving Future Levy Capacity
Attachments: 1. Ordinance 22-053, 2. Ordinance Introduction Slip

 

 

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

body

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:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

Conservation Futures Property Tax

$4,497,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

$4,497,051

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  This is included in the 2023 Executive recommended budget.

 

CONTRACT INFORMATION:

ORIGINAL

 

CONTRACT#

 

AMOUNT

 

AMENDMENT

 

CONTRACT#

 

AMOUNT

 

 

Contract Period

ORIGINAL

START

 

END

 

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS:  Reviewed/approved by Finance - Nathan Kennedy 09/27/22