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HomeMy WebLinkAbout39-16 - Res. Distribution of Public Utility District Excise TaxRESOLUTION NO. ✓-' - b 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 $697,580.39. 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 HEREBY 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 $ 65,846.81 P.U.D. NUMBER 3 $631,733.58 DISTRIBUTION City of Shelton $ 78,233.45 Computed as 3/4 of 1 % of Gross Revenue from sales of electricity in the City of Shelton Current Expense Fund $619,346.94 BE IT FURTHER RESOLVED that the Treasurer of Mason County is hereby directed to make the distribution as herein set forth. DATED this 5th day of July, 2016. ATTEST: i nztioLtr, Clerk of the Boar Chief Deputy Prosecuting Attorney C: Clerk of the Board City Clerk Treasurer J:\resol ute\2016\pudtax BOARD OF COUNTY COMMISSIONERS MASON COUNTY, WASHINGTON Terri Jeffreys, air 5U n Tim Sheldon, Commissioner Randy'Neatherlin, Commissioner