Proposal

Information

Type: Hearing - Resolution

Department: BUD - Budget

Directors' Update: Nov. 27, 2019

Business Meeting: Dec. 2, 2019

Summary:

Property Tax Budget and Levy for Both the Current Expense and Road Fund for 2020

Publications:

Cover Letter To:

Additional Copies To: Dianne Dorey, David Campbell, Arny Davis and Rodney Reynolds

Resolution

Wording/In the matter of:

PROPERTY TAX BUDGET AND LEVY FOR BOTH THE CURRENT EXPENSE AND ROAD FUND FOR 2020

Resolution Number: 19-358

WHEREAS, the Board of County Commissioners (BOCC) of Lewis County has met and considered its budget for the calendar year 2020; and

WHEREAS, The BOCC has determined that Lewis County requires an increase in property tax revenue from the previous year, in addition to the increase resulting from the addition of new construction and improvements to property and any increases in the value of state assessed property, in order to discharge the expected expenses and obligations of the Current Expense Fund and County Road Fund and is in the best interest of Lewis County; and

WHEREAS, The BOCC has determined there is a need for a 1% increase in both the General and the Road levy rates; and

WHEREAS, the BOCC, after hearing and after duly considering all relevant evidence and testimony presented, determined that Lewis County’s regular levy would be certified at $13,700,000; and

WHEREAS, the BOCC, after hearing and duly considering all relevant evidence and testimony presented, determined that Lewis County Road levy would be certified $12,700,000.

NOW THEREFORE BE IT RESOLVED by the BOCC of Lewis County as follows:

1. An increase in the estimated General property tax levy ( including amounts for Mental Health and Veterans' Relief) is hereby authorized for the levy to be collected in the 2020 tax year. The dollar amount of the increase over the actual levy amount from the previous year shall be $126,761.44 which is a percentage increase of 1% from the previous year,

2. An increase in the estimated Roads property tax levy is hereby authorized for the levy to be collected in the 2020 tax year. The dollar amount of the increase over the actual levy amount from the previous year shall be $138,133.46 which is a percentage increase of 1% from the previous year,

3. These increases are exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, solar, biomass, and geothermal facilities, and any increase in the value of state assessed property, any annexations that have occurred and refunds made.

Estimated Assessed Valuation (AV) with state assessed utilities
General      $9,449,492,590
Roads          $6,674,258,434

Data from Assessors Office 11/4/2019.

DONE IN OPEN SESSION this 2nd day of December, 2019.