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HomeMy WebLinkAbout2021-059 - Res. Disbursement of the Public Utility District Privilege Tax RESOLUTION NO. 101 -OSq A Resolution for Disbursement of the Public Utility District Privilege Tax WHEREAS, a PUD (Public Utility District) is subject to an excise tax in lieu of property taxes according to RCW 54.28.020; and WHEREAS, the state collects these funds and distributes them back to the counties as PUD Privilege tax, and WHEREAS, per RCW 54.28.090, the legislative authority should direct the county treasurer as to the distribution of these funds; and WHEREAS, per RCW 54.28.090, an amount not less than three-fourths of one percent (0.75%) of the gross revenues obtained by the PUD district from the sale of electric energy within any incorporated city or town must be remitted to such city or towns; and WHEREAS, information furnished by the PUD district to the county is the basis for determination of the amount to be paid to such cities or towns; and WHEREAS, the County Treasurer has recommended a resolution be adopted allowing the Treasurer to disburse the PUD Privilege Tax based on the formula of not less than 0.75% of the gross revenues obtained by the PUD district from the sale of electric energy within any incorporated city or town be remitted to such city or town; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners to distribute three-fourths of one percent (.075%) of the gross revenues obtained by the PUD district from sale of electric energy within any incorporated city or town in Mason County to such city or town, with the remainder of the tax to be distributed to the County General Fund; and BE IT FURTHER RESOLVED, that as authorized by state statute, the Board of County Commissioners herby directs the Mason County Treasurer to distribute the PUD Privilege Tax according the formula shown above. Dated this day of S��p QHJI- 2021 BOARD OF COUNTY COMMISSIONERS MASON C UNTY, WASHINGTON ATTEST: Z/, Ra y lleatherlin, Chair McKenzie S i h, CI rk of the Board APPROVED S TO FORM: �A�y Sharon Trask, Commissioner Tim W itehead --Chief Deputy Prosecuting Attorney Kevin Sh �mmissioner