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HomeMy WebLinkAbout2021-086 - Res. Authorizing Shift of $1,080,000 from Road Fund Levy to General (Current Expense) Fund for 2022 RESOLUTION NO.W1�7 Cblp 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 2022 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 2022 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 2022. 1 of 2 ADOPTED this Yd day of November, 2021. BOARD OF MASON COUNTY COMMISSIONERS Randy Neath rlin,Chas erson Kevin Shutty,Co 'ssioner Sharon Trask, commissioner ATTEST: G�sunnr�o S McKenzie Smi ,ClelV of the Board APPROVED AS TO FORM: Tim-VVEteheair,Cgef Deputy Prosecuting Attorney 2 of 2