HomeMy WebLinkAbout2020-108 - Res. Authorizing Shift of $1,080,000.00 from Road Fund Levy to Current Expense Fund for 2021 RESOLUTION NO. -I
A MASON COUNTY RESOLUTION AUTHORIZING A SHIFT OF ONE MILLION
EIGHTY THOUSAND DOLLARS ($1,080,000.00)FROM THE ROAD FUND LEVY TO
THE GENERAL(CURRENT EXPENSE)FUND FOR THE YEAR 2021
WHEREAS,pursuant to RCW 84.52.043, at the option of the County legislative
authority, some of the unused levy capacity of the County Road Fund may be shifted to the
County General(Current Expense)Fund,provided that: 1)the rate for the General Fund does not
exceed$2.475 per$1,000.00 of assessed value,and 2)the total levy rate for both the General
Levy and Road Levy within the County does not exceed$4.05 per$1,000.00 of assessed value,
and 3)no other district has its levy capacity reduced as a result of the shift, and 4)the aggregate
of levy rates for all junior and senior taxing districts,other than the State, does not exceed$5.90
per$1,000.00 of assessed land value; and
WHEREAS,based on preliminary values,the County Assessor has determined that a
shift in the amount of one million eighty thousand dollars($1,080,000.00) from the Road Levy to
the General Levy will not conflict with any provisions set forth in RCW 84.52.043; and
WHEREAS,a shift in the amount of$1,080,000.00 from the Road Levy to the General
Levy will not cause the County to increase the total of the two levies in excess of the statutorily
allowed one percent(1.0%)increase; and
WHEREAS,a shift in the amount of$1,080,000.00 from the Road Levy to the General
Levy will not cause the County to exceed$4.05 per$1,000.00 of assessed value for the total levy
rate for both the General Levy and the Road Levy; and
WHEREAS,in the event of calculations made after final values are available would
conflict with any provisions set forth in RCW 84.52.043,the County Assessor will reduce the
levy shift to an amount that will not cause conflict with any provision set forth in RCW
84.52.043; and
WHEREAS,the Board of County Commissioners, after hearing and considering all
relevant public comment,has determined that the General Levy requires an increase in property
tax revenue from the previous year in order to meet the expected expenses and obligations,in
addition to the taxes on the value of new construction and improvements to property and any
increase in value of state assessed property,and it is in the best of interest of the taxpayers of
Mason County that the amount authorized for collection in 2021 is increased by$1,080,000.00;
now therefore
BE IT HEREBY RESOLVED by the Board of Mason County Commissioners that one
million eighty thousand dollars($1,080,000.00)be shifted from the Road Levy to the General
Levy for collection in 2021.
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ADOPTED this 2 day of ZV T 2020.
BOARD OF MASON COUNTY COMMISSIONERS
Sharon Trask, Chairperson
R?aiy Ne , Commissioner
Kevin SWttf, Commissioner
ATTEST:
McKenzie SVffih, erk of the Board
APPROVED AS TO FORM:
Tim White of Deputy Prosecuting Attorney
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