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HomeMy WebLinkAbout65-15 - Res. Authorizing Shift of $1,824,000 from Road Levy to General Levy for 2016RESOLUTION NO. AUTHORIZING A SHIFT OF $1,824,000 FROM THE ROAD LEVY TO THE GENERAL LEVY FOR 2016 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 Fund, provided that: 1) the rate for the General Levy does not exceed $2.25/$1,000 of assessed value; and 2) the total levy rate for both the General Levy and the Road Levy within the County does not exceed $4.05/$1,000 of assessed value; and 3) the City of Shelton Metropolitan Park District will have its capacity reduced as the result of the shift; however the County and the City will enter into an agreement to buy -down the impact to the Metropolitan Park District and the actual amount will be determined after the levy rates are calculated by the County Assessor; 4) Following the buy -down, the aggregate of levy rates for all junior and senior taxing districts, other than the state, does not exceed $5.90/$1,000 of assessed value; and WHEREAS, a shift in the amount of $1,824,000 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 1 % increase; and WHEREAS, in the event that 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 provisions set forth in RCW 84.52.043; and NOW, THEREFORE, BE IT RESOLVED AND IT IS HEREBY ORDERED that $1,824,000 is shifted from the Road Levy to the General Levy for collection in 2016. .�4 Dated this I day of December, 2015. ATTEST: ie Almanzor, Clerk of the Board APPROVED AS TO FORM: Tim Whitehead; Chief DPA BOARD OF COUNTY COMMISSIONERS MASON COUNTY, WASHINGTON Randy I eatherlin, Chair Tim Sheldon, Commissioner Terri Jeffreys, C