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Ordinance No. 2022-18 Relating to the Levy of Property Taxes for in 2023 (Adopted 102522)Page 1 of 3 ORDINANCE NO. 2022-18 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, 2023, 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 2023 as set forth in the 2023-2024 Proposed 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, on September 13, 2022, the City Council considered this ordinance and set the public hearing on the ordinance for October 11, 2022; and WHEREAS, the City Council properly provided notice of and conducted the public hearing on October 11, 2022, to consider the City’s revenue sources for the City’s 2023 General Fund budget; and WHEREAS, the previous year’s actual levy was $8,138,115; 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 0.89939 percent of the amount levied for collection in 2022 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 of the 2002 bonds and most of the 2004 bonds; and Page 2 of 3 WHEREAS, the debt service on such bonds for the year 2023 will be $655,200; and WHEREAS, the Council considered this ordinance on October 25, 2022 and adopted the ordinance. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, DOES ORDAIN AS FOLLOWS: Section 1. The 2022 regular property tax levy for collection in 2023 is declared to be the previous year’s levy of $8,138,115 plus an increase of $73,193, plus an increase equal to the amount allowed under the new construction provisions of RCW 84.55.010 of $84,462, and any increase in the value of state-assessed property, as well as any additional amounts resulting from any refunds made of $24,557. The estimated total based on the figures provided by the Kitsap County Assessor’s Office is $8,320,327. Section 2. In addition to the City’s regular property tax levy described in Section 1 above, there is levied for collection in 2023, 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 2023 debt service on the refunded debt service amount is $655,200. 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, 2023, after its passage, approval, and publication as required by law. PASSED by the City Council this 25th day of October, 2022. APPROVED by the Mayor this 25th day of October, 2022. Joe Deets, Mayor Page 3 of 3 ATTEST/AUTHENTICATE: Christine Brown, MMC, City Clerk FILED WITH THE CITY CLERK September 9, 2022 PASSED BY THE CITY COUNCIL October 25, 2022 PUBLISHED: November 4, 2022 EFFECTIVE DATE: January 1, 2023 ORDINANCE NO: 2022-18