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HomeMy WebLinkAbout40-11 - Res. Distribution of Public Utility District (PUD) Excise TaxRESOLUTION NO. G-IQ DISTRIBUTION OF PUD EXCISE TAX WHEREAS, the P.0 D Excise Tax Monies which have accrued to the credit of Mason County have now been received in the total amount of $321,576.70. 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 $ 19,715.52 P.U.D. NUMBER 3 $301,861.18 DISTRIBUTION City of Shelton $ 52, 303.77 Computed as 3/4 of 1 % of Gross Revenue from sales of electricity in the City of Shelton Current Expense Fund $269,272 93 BE IT FURTHER RESOLVED that the Treasurer of Mason County is hereby directed to make the distribution as herein set forth. DATED this 28th day of June, 2011. BOARD OF COUNTY COMMISSIONERS ATTEST: MASON COUNTY, WASHINGTON / ) 11, karit, 7j /f n i da7 I ��- ,, \ t y b2nnon Goudy, Cler he Boat Lynda Ring Erickson, Chair APPROVED AS TO FORM: <1.1 -'151‘a Chief Deputy Prosecuting Attorney Tim Whitehead C: Clerk of the Board City Clerk Treasurer J:\resolute\2011 \pudtax Li r, ► Commissio