City of Camas - File #: RES 15-019

• File #: RES 15-019
• Version: 1
• Name: Resolution Declaring Substantial Need for 2016 Prop. Tax Levy
• Type: Resolution
• Status: Passed
• File created: 11/13/2015
• In control: CITY COUNCIL REGULAR
• On agenda: 11/16/2015
• Final action: 11/16/2015
• Title: Resolution No. 15-019 Finding and Declaring Substantial Need for 101% Limit Factor Under the Revised Code of Washington (RCW) 84.55 Details: This resolution provides for Council to establish a substantial need for the General Fund Property Tax Levy and the Emergency Medical Services Levy. This resolution is required by RCW 84.55 to increase property taxes to the lawful limit of 1% when the Implicit Price Deflator (IPD) is below 1%. For the 2016 Levy Year, the IPD is 0.251%. Presenter: Cathy Huber Nickerson, Finance Director
• Indexes: Budget, Property Taxes
• Related files: REP 15-540, REP 15-492, ORD 15-018, ORD 15-019, AI 15-407, RES 16-018

Date	Ver.	Action By	Action	Result
11/16/2015	1	CITY COUNCIL REGULAR	read by title only	Pass
11/16/2015	1	CITY COUNCIL REGULAR	adopted	Pass

Title

Resolution No. 15-019 Finding and Declaring Substantial Need for 101% Limit Factor Under the Revised Code of Washington (RCW) 84.55

Details:  This resolution provides for Council to establish a substantial need for the General Fund Property Tax Levy and the Emergency Medical Services Levy. This resolution is required by RCW 84.55 to increase property taxes to the lawful limit of 1% when the Implicit Price Deflator (IPD) is below 1%. For the 2016 Levy Year, the IPD is 0.251%.

Presenter: Cathy Huber Nickerson, Finance Director

Recommended Action

Recommended Action: Staff recommends Council move to adopt Resolution No. 15-019.