RES 95-41 PREPARATION OF ALTERNATE BUDGET IN EVENT THAT REFERENDUM 48 IS PASSED Resolution 95-41
A RESOLUTION of the City of Bainbridge Island, Washington,
directing the Mayor to prepare an alternate budget in the
event Referendum 48 is passed.
WHEREAS the Washington State Legislature passed Initiative 164, requiring each local
jurisdiction to prepare an economic impact analysis of the effect on property values for all land
use regulations before they are enacted; and
WHEREAS the law also requires each local jurisdiction to compensate property owners
for any reduction in value when regulations impose a restraint of land use on such portion or
parcel of property for public benefit including wetlands, fish or wild life habitat, buffer zone,
or other public benefit designations; and
WHEREAS the voters of the State will be asked to approve or disapprove that Initiative
by voting on Referendum 48 on November 7, 1995; and
WHEREAS the Institute for Public Policy and Management of the University of
Washington completed an independent economic impact assessment of the fiscal impact
Referendum 48 will have on local jurisdictions if it is passed; and
WHEREAS the Association of Washington Cities, in interpreting the study, indicates that
if Referendum 48 passes, a city the size of Bainbridge Island, with extensive shorelines and
identified wetlands, can expect to pay from $700,000 to $1,200,000 annually to prepare the
economic impact analyses and will probably incur legal fees and potentially required
payments for "takings" amounting to more hundreds of thousands of dollars; and
WHEREAS the normally expected financial resources of the City of Bainbridge Island
are inadequate to meet such expenses while maintaining present levels of essential service; and
WHEREAS, the City of Bainbridge Island is now in the process of developing it's 1996
Budgeti
NOW, THEREFORE, BE IT RESOLVED that the Mayor, in addition to the budget
being developed, is directed to prepare an alternate budget in case Referendum 48 passes. The
alternate budget should include additional sources of revenue, including, but not limited to,
increased business taxes, to-imposition of a utility tax, and an increase of property taxes up to
the legal limit of $1.99 per thousand dollars of assessed valuation, and reductions in staff and
services.
BE IT FURTHER RESOLVED that the alternate budget show only the basic and
necessary services the city must provide for the public health and safety of the community with
any remaining revenues reserved for meeting any financial obligations imposed by Initiative 164
and Referendum 48.
PASSED by the City Council this 19th day of October, 1995.
APPROVED by the Mayor this 20th day of October, 1995
ATTEST/AUTHENTICATE:
S P. KASPER, City Clerk
FILED WITH THE CITY CLERK: October 19, 1995
PASSED BY THE CITY COUNCIL: October 19, 1995
RESOLUTION NO. 95-41