HomeMy WebLinkAbout119-09 - Res. Declaring Substantial Need for Setting the Limit Factor for Road Property Tax Levy for 2010A RESOLUTION OF THE BOARD OF MASON COUNTY COMMISSIONERS OF
SHELTON WASHINGTON, MAKING A DECLARATION OF SUBSTANTIAL NEED
FOR PURPOSES OF THE SETTING THE LIMIT FACTOR FOR THE ROAD
PROPERTY TAX LEVY FOR THE YEAR 2010.
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WHEREAS, RCW 84.55.010 provides thaf a taxing jurisdiction may levy taxes in an
amount no more than the limit factor multiplied by the highest levy of the most recent three years
plus additional amounts resulting from new construction and improvements to property, newly
constructed wind turbines, and any increase in the value of state-assessed utility property;
WHEREAS, RCW 84.55.005 (2) @, the limit factor for a taxing jurisdiction with a
population of 10,000 or over is the lesser of 101 percent or 100 percent plus inflation;
WHEREAS, RCV/ 84.55.005 (1) defines "inflation" as the percentage change in the
implicit price deflator for personal consumption expenditures for the United States as published
for the most recent l?-month period by the Bureau of Economic Analysis of the federal
Department of Commerce in September of the year before the taxes are payable;
WHEREAS' "inflation" for July 2009 is -0.848 percent and the limit factor is 99.T52
percent, meaning the taxes levied for the Road in 2009 for collection in 2010 will decrease
except for the amounts resulting from new construction and improvements to property, newly
constructed wind turbines, and any increase in the value of state-assessed utility property;
WHEREAS, RCW 84.55.0101 provides for use of a limit factor of 101 percent or less
with a finding of substantial need by two-thirds of the members when the board consists of four
members or less, or a majority plus one approval of the board when the board consists of more
than four members;
WHEREAS, the Board of Commissioners of Road Taxing District has determined that,
due to reduced revenues, making further cuts to the general maintenance and operation expenses
difficulty, the Board of Commissioners finds that there is a substantial need to set the levy limit
at one hundred one percent.
NO\il, THEREFORE, THE BOARD OF MASON COUNTY COMMISSIONERS
oF THE ROAD TAXING DISTRICT OF SHELTON \ryASHINGTON, DOES RESOLVE
AS FOLLOWS:
Section 1. A finding is made of substantial need under RCW 84.55.0101, which authorizes the
use of a limit factor of 101 percent for the Road Levy for 2010.
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ADOPTED this l5l'è day of December 2009.
BOARD OF MASON COUNTY COMMISSIONERS
NAV
Tim Sheldon, Chairperson
ATTEST:
Goudy,of the
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