Ordinance No. 2021-26 Relating to the Levy of Property Taxes for Collection in 2022 - Approved 102621Page 1 of 3
ORDINANCE NO. 2021-26
AN ORDINANCE of the City of Bainbridge Island, Washington, relating to the
levy of property taxes for the City of Bainbridge Island for the fiscal year
commencing January 1, 2022, on all real and personal property within the City that
is subject to taxation; levying both general property taxes for the purpose of
providing sufficient revenue to carry on the usual activities of the City as required
by law, and special levy taxes as authorized by the voters in the November 6, 2001,
election.
WHEREAS, the City Council of Bainbridge Island has considered the financial
requirements of the City for 2022 as set forth in the adopted 2021-2022 Biennial Budget that has
been provided by the City Manager to the City Council, and the amounts necessary and available
to be raised by ad valorem taxes on real, personal, and utility property which are included
therein; and
WHEREAS, the population of the City is greater than 10,000; and
WHEREAS, the City Council properly provided notice of and conducted the public
hearing on October 26, 2021, to consider the City’s revenue sources for the City’s 2022 General
Fund budget; and
WHEREAS, the previous year’s actual levy was $8,036,582; and
WHEREAS, the City Council, after hearing and duly considering the relevant
information and testimony presented, has determined that the City requires an increase in
property tax revenue from the previous year equal to 0.4845 percent of the amount levied for
collection in 2021 as authorized by Chapter 84.55 RCW (see, e.g., RCW 84.55.005, RCW
84.55.010), in addition to the increase resulting from the addition of new construction and
improvements to property and any increase in the value of state-assessed property, in order to
discharge the expected expenses and obligations of the City and in its best interest; and
WHEREAS, at an election held on November 6, 2001, the voters of the City approved
and authorized the City to issue general obligation bonds to finance the costs of acquiring and
preserving forested areas, open space, wildlife habitat, and farms and agricultural lands and
creating new trails and passive parks, and to levy excess property taxes to repay such bonds
(referred to as the “2002 Unlimited Tax General Obligation Bonds” and the “Unlimited General
Obligation Bonds, 2004”); and
WHEREAS, on June 26, 2013, the City Council approved Ordinance No. 2013-14
refunding all the 2002 bonds and most of the 2004 bonds; and
WHEREAS, the debt service on such bonds for the year 2022 will be $612,800.
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NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE
ISLAND, DOES ORDAIN AS FOLLOWS:
Section 1. The 2021 regular property tax levy for collection in 2022 is declared to be the
previous year’s levy of $8,036,582 plus an increase of $38,937, which is an increase of 0.4845
percent, plus an increase equal to the amount allowed under the new construction provisions of
RCW 84.55.010 of $53,345 and any increase in the value of state-assessed property, as well as
any additional amounts resulting from any refunds made of $8,107. The total is $8,136,971.
Section 2. In addition to the City’s regular property tax levy described in Section 1
above, there is levied for collection in 2022, upon all property, both real and personal within the
City and within the area subject to taxation, a voter-approved special levy property tax to pay the
debt service on the City’s 2002 and 2004 Unlimited Tax General Obligation Bonds which were
refunded in 2013. The special levy to pay the 2022 debt service on the refunded debt service
amount is $612,800.
Section 3. This ordinance shall be certified to the proper Kitsap County officials, as
provided by law. The taxes levied in this ordinance shall be collected and paid to the Director of
Finance and Administrative Services of the City of Bainbridge Island at the time and in the
manner provided by the laws of the State of Washington for the collection of taxes for non-
charter code cities.
Section 4. Severability. Should any section, paragraph, sentence, clause, or phrase of
this ordinance, or its application to any person or circumstance, be declared unconstitutional or
otherwise invalid for any reason, or should any portion of this ordinance be preempted by state
or federal law or regulation, such decision or preemption shall not affect the validity of the
remaining portions of this ordinance or its application to other persons or circumstances.
Section 5. This ordinance shall take effect on January 1, 2022, after its passage,
approval, and publication as required by law.
PASSED by the City Council this 26th day of October, 2021.
APPROVED by the Mayor this 26th day of October, 2021.
Rasham Nassar, Mayor
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ATTEST/AUTHENTICATE:
Christine Brown, CMC, City Clerk
FILED WITH THE CITY CLERK October 7, 2021
PASSED BY THE CITY COUNCIL October 26, 2021
PUBLISHED: October 29, 2021
EFFECTIVE DATE: January 1, 2022
ORDINANCE NO: 2021-26
2022 TAX YEAR LEVY LIMIT CALCULATION
CITY OF BAINBRIDGE ISLAND District # 8730
Previous Year’s Levy Including Any Refunds & Canceled Taxes Levied = 8,036,582
The district’s resolution or ordinance must authorize any increase in terms of both the dollars and
percentage over the previous year’s levy. This increase is exclusive of new construction, increases in
state assessed property (utilities), any annexations and refunds requested.
Highest Allowed Levy Since 1986 = 7,995,563
Differences between this amount and the previous year's levy are refunds and canceled taxes levied last
year which are not included in this amount and/or any banked capacity your district may have.
1% Increase to Highest Allowed Levy = 8,075,519
This is the maximum allowed but may change to match what is authorized by resolution or is lawfully
allowed for your district. It is exclusive of the items listed under the previous year’s levy. The dollar and
percent increase over the previous year’s actual levy to collect this amount is $38,937 and 0.4845%.
Amount due to New Construction = 53,345
New construction assessed value 63,475,100 X .840413 (the prior year’s levy rate) = 53,345
Amount due to Increase in Utilities = 0
This amount will be zero until the values are received from the Department of Revenue. Since this
amount may be unknown when you have your budget hearings, you may want to add an amount in your
budget or levy certification in order to collect any unknown amount due to an increase in utilities.
AV of Annexed Property = 0 Amount due to Annexations = 0
The amount due for annexations is set when assessed values are final in January. Districts with
annexations may want to add an amount in the budget or levy certification for any increases allowed.
Current Total Assessed Value = 10,277,729,157
This amount may fluctuate until values are final in January.
Tax Refunds & Canceled Taxes less Supplements = 8,107
Please include a dollar amount for refunds and canceled taxes in your budget and or levy certification to
show the district’s intent to collect these amounts.
Projected Levy Rate = .79092 Maximum Levy Rate = 2.488608
Maximum levy rates for cities are estimated until final levy rates for Fire and Library Districts are known.
ESTIMATED TOTAL LEVY LIMIT AMOUNT = 8,136,971
Kitsap County Assessor's Office, Holly Becksted (360) 337-7084 hbecksted@co.kitsap.wa.us
Property Tax Levy Ordinance
October 26, 2021
Property Tax Process:
RCW 84.55.120 requires taxing district’s that collect regular
levies hold a public hearing
Ordinance 2021-26 sets the levy amount to be collected in
2022
State law limits increase to 1%, plus the value of new
construction and tax refunds
Property Tax Levy must be certified to the County Assessor by
November 30th
October 26, 2021
Property Tax Calculation:
October 26, 2021
Previous year highest allowed levy 7,995,563
1% increase 79,955
New highest allowed levy 8,075,518 a
Previous year's levy amount (includes refunds)8,036,582
Total dollar increase over last levy amount 38,937
Total percent increase over last levy 0.4845%
Add in New Construction 53,345 b
Tax Refunds 8,107 c
Estimated Total Levy for 2022 8,136,971 a+b+c
Property Tax Revenue:
Single largest revenue source
2022 Budget is $8,117,000
Approximately 40% of Total General Fund
Revenue
October 26, 2021
Property Tax Next Steps:
Tonight, hold the public hearing and answer any
questions
Consider approval of Ordinance 2021-26
October 26, 2021