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HomeMy WebLinkAbout34-17 - Res. Distribution of Public Utility District Excise TaxRESOLUTION NO . cJt-/ 7 DISTRIBUTION OF PUD EXCISE TAX WHEREAS, the P.U.D. Excise Tax Monies which have accrued to the credit of Mason County have now been received in the total amount of $756,438.79. WHEREAS, under Chapter 278, Session Laws of 1957, provision has been made for the distribution of said funds (RCW 54.28 .090); NOW, THEREFORE BE IT HERE BY RESOLVED by the Board of Mason County Commissioners that the following distribution of P.U.D. Excise Tax be made as follows: . RECEIPTS P.U.D . NUMBER 1 ................. $ 83,866.16 P.U.D . NUMBER 3 ...................... $672,572 .63 DISTRIBUTION City of Shelton .......................... $ 73,944.73 Computed as 3/4 of 1 % of Gross Revenue from sales of electricity in the City of Shelton Current Expense Fund ................. $682,494.06 BE IT FURTHER RESOLVED that the Treasurer of Mason County is hereby directed to make the distribution as herein set forth . DATED this 2ylh day of June, 2017 . ATTEST: APPROVED AS TO FORM : ~~~a""'ci_-__ ......__ ____ _ Chief Deputy Prosecuting Attorney C: Clerk of the Board City Clerk Treasurer J:\resolute\2016\pudtax BOARD OF COUNTY COMMISSIONERS MASON COUNTY, WASHINGTON