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HomeMy WebLinkAbout2024-067 - Res. Fixing the Amount of Ad Valorem Taxes for Road Levy for 2025 A RESOLUTION FIXING THE AMOUNT OF AD VALOREM TAXES FOR THE ROAD LEVY FOR THE YEAR 2025 RESOLUTION NO. WHEREAS,RCW 36.40.090 states that the.Board of Mason County'Commissioners shall fix the amount of the tax levies to be raised for Road Fund. IT IS THEREFORE DETERMINED,that the following be fixed as the amounts to be raised by ad valorem taxes for the purpose of meeting the expenditures estimated in the 2025 Budget for Mason County Refund Levy and Road Fund: ROAD FUND $ 10,710,717.80 DIVERSION OF ROAD LEVY $ 1,080,000.00 LEVY SHIFT TO CURRENT EXPENSE $ 0.00 TOTAL ROAD LEVY $ 11,790,717.80 REFUND LEVY $ 48,737.62 TOTAL AMOUNT TO LEVY FOR 2025 $ 11,839,455.42 This resolution reserves unutilized levy for banked capacity:The current banked capacity reserved for the year 2025 is approximately$550,700.11. .ADOPTED this 1O1� day of .&oVm 024. BOARD OF MASON COUNTY COMMISSIONERS Randy-Neatherlin,Chairperson Kevin Shutty, missioner Sharon Trask,Commissioner ATTEST: McKenzie Smitfi,C1e k of the Board APPROVED AS TO FORM: Tim Whitehead,Chief Deputy Prosecuting Attorney