Loading...
HomeMy WebLinkAboutord2024-061Whatcom County COUNTY COURTHOUSE 311 Grand Avenue, Ste #105 Bellingham, WA 98225-4038 (360) 778-5010 Agenda Bill Master Report File Number: AB2024-730 File ID: AB2024-730 Version: 1 Status: Adopted File Created: 10/25/2024 Entered by: MMiterko@co.whatcom.wa.us Department: Finance Division File Type: Ordinance Requiring a Public Hearing Assigned to: Council Agenda Date: 11/19/2024 Related Files: Primary Contact Email: atan@co.whatcom.wa.us TITLE FOR AGENDA ITEM: Ordinance authorizing the levy of taxes for County Road purposes for 2025 SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE: Final Action: 11/19/2024 Enactment #: ORD 2024-061 Pursuant to Home Rule Charter Section 6.10, this ordinance requests authorization to levy taxes for County Road purposes in 2025. HISTORY OF LEGISLATIVE FILE Date: Acting Body: Action: Sent To: 11/06/2024 Council INTRODUCED FOR PUBLIC Council HEARING Aye: 7 Buchanan, Byrd, Donovan, Elenbaas, Galloway, Scanlon, and Stremler Nay: 0 11/19/2024 Council ADOPTED Aye: 4 Buchanan, Donovan, Galloway, and Scanlon Nay: 3 Byrd, Elenbaas, and Stremler Attachments: Proposed Ordinance, Notice of Hearing after 11.6.2024 Whatcom County Page 1 Printed on 1112112024 PROPOSED BY: Executive INTRODUCTION DATE: November 6, 2024 ORDINANCE NO. 2024-061 ORDINANCE AUTHORIZING THE LEVY OF 2025 PROPERTY TAXES FOR COUNTY ROAD PURPOSES WHEREAS, pursuant to Home Rule Charter Section 6.10 the County Executive is required to submit for Council consideration proposed tax and revenue ordinances necessary to raise sufficient revenues to balance the Budget; and, WHEREAS, the County Council has approved a budget for the 2025-2026 biennium, including all sources of revenues and anticipated expenditures on November 19, 2024; and, WHEREAS, annual property tax revenues are statutorily constrained to grow at just one percent of the highest lawful levy plus the value of new construction, improvements to property and increases in the value of state assessed property; and, WHEREAS, the County has traditionally deferred their one percent annual increases, which has contributed to stagnation in revenue growth; and, WHEREAS, the cost of providing County services has increased significantly in recent years due to statutory requirements, inflationary impacts, a growing population, and expanding community needs; and, WHEREAS, the County has a structural budget imbalance in the Road Fund, where the cost of providing services to the County's growing population and businesses are outpacing the County's revenues; and, WHEREAS, to begin to address the structural imbalance and avoid abrupt service reductions, it is necessary in the 2025-2026 Biennial Budget to use the County's deferred taxing authority, a.k.a. banked capacity, for the Road Fund levy; and, WHEREAS, the County Council held a public hearing regarding the county biennial budget, which included property tax revenues, and other revenues; Page 1 NOW, THEREFORE, BE IT ORDAINED AND ESTABLISHED by the Whatcom County Council that an increase in the County Road property tax levy is hereby authorized for the levy to be collected in the 2025 tax year. The dollar amount of the increase shall be $3,916,564, which is a percentage increase of 18.7% from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, solar, biomass, and geothermal facilities, and any increase in the value of state assessed property, any annexations that have occurred and refunds made. BE IT FURTHER ORDAINED AND ESTABLISHED, that the Whatcom County Council does hereby authorize diverting $1,156,530 of the County Road District levy for the budget year 2025 to the General Fund. Diverted County Road Taxes are to be used for traffic law enforcement in the unincorporated areas of Whatcom County. ADOPTI�,iPj�,hip'19th day of November , 2024. C ( WHATCOM COUNTY COUNCIL ATTET �� ;� �` i'�� WBachanan, r[T, WASHINGTON C tt Halka, Council �lerk Council Chair A i APPROVEDw�",FORM: APPROVED ( ) NOT APPROVED Christopher Quinn 1.1/18/24 Civil Deputy'Prosecutor`' Satpal Singh Pidlni, Executive Page 2