RES 2004-06 TAXING DISTRICTSRESOLUTION NO. 2004-06
A JOINT RESOLUTION of the City of Bainbridge Island,
Bainbridge Island School District #303, Bainbridge Island
Fire District #2, and Bainbridge Island Park & Recreation
District, (Washington) seeking to promote and strengthen
coordination in public funding and financing requests
between Bainbridge Island Taxing Districts.
WHEREAS, the delivery of public services and facilities on Bainbridge Island, is provided for the
most part by four independently elected boards and councils with taxing authority; and
WHEREAS, each taxing authority has the capacity to adopt or propose property tax amounts and to
borrow funds independent of each other; and
WHEREAS, the funding needs and plans of one agency can significantly impact the financial and
political options of the other agencies; and
WHEREAS, it is in the interest of the public and the taxing authorities to coordinate public funding
and financing needs; and
WHEREAS, it is in the interest of the public that local taxing authorities coordinate planning to
incorporate reciprocal use facilities and equipment acquisition where appropriate; and
WHEREAS, it is in the interest of the public that periodic reports of planning and coordination by
local taxing authorities be issued, and the reports incorporate future property tax forecasts.
NOW THEREFORE BE IT RESOLVED that the City of Bainbridge Island, the Bainbridge Island
School District, the Bainbridge Island Fire District and the Bainbridge Island Park and Recreation District
("taxing authorities") do hereby agree to seek to coordinate public funding and financing requests in such
manner that the following objectives are pursued:
A. All capital facilities and major equipment acquisitions will be planned in accordance with existing
levels of service, identified needs, and projected population gains, unless specific changes in levels
of service, identified needs, or external funding support are clearly identified;
B. The capital facilities, equipment, operations and maintenance property tax requests will be planned
to minimize extreme tax payment variations from year to year;
C. Taxing authorities (agencies) will consider the usable life of the facilities and equipment, as well as
interest costs and other factors, when determining the term of debt in order to spread the financial
responsibility for facility and equipment equitably between current and future taxpayers;
D. So that Island voters can have a sense of what their proposed total tax contributions are likely to be
even though property tax levy elections may be held separately:
1) Taxing authorities will prepare financial planning information that can be published in
January as a document that, by design and intent, permits Island voters to have a
comprehensive view of recent past, current, and projected property tax forecasts;
2) Taxing authorities will collaborate in, and share the costs associated with, the development
and distribution of a document formatted to ensure maximum clarity for Island voters;
provided, however, that each taxing authority will maintain final right of approval over any
part or portion of this document that addresses the respective agency's financial planning
information.
E. Where appropriate and permissible under the law, taxing authorities will seek reciprocal use of
facilities and equipment to maximize efficient use of property tax revenues, understanding that each
agency must give first priority to their respective public service responsibilities and fiduciary duties.
AND BE IT FURTHER RESOLVED that the taxing authorities will develop a consolidated six year
financial plan summary that clearly depicts projected property tax levy rates and levy amounts for Bainbridge
Island taxpayers.
AND BE IT FURTHER RESOLVED that the taxing authorities will coordinate capital funding
requests by submitting required, contemporary and approved financial information to the City's process
established to annually review its Comprehensive Plan Capital Facilities Element.
AND BE IT FURTHER RESOLVED that the Park District's Commissioners reserve the right to
ultimately determine, and they shall be final decision -makers as to, the Park District's good faith compliance
with the above terms, consistent with their public trust and fiduciary responsibilities to properly and lawfully
manage the Park District's resources, achieve the intents of its Comprehensive Plan and comply with the
statutory obligations of RCW 36.69.130 (Powers); 36.69.160 (Budget); and, 36.69.190 (Expenditures).
CITY OF BAINBRIDGE ISLAND
Mayor
ATTEST/AUTHENTICATE:
ity Clerk
BAINBRIDGE ISLAND FIRE DISTRICT
ATTEST/AUTHENTICATE:
L- Va4ez
F Chief
BAINBRIDGE ISLAND SCHOOL DISTRICT NO. 303
1 er
School Board President
ATTEST/AUTHENTICATE:
Superintendent, Secretary to the Boa d
BAINBRIDGE ISLAND PARK & RECREATION
DISTRICT
of the Board
ATTEST/,AUTHENTICATE:
Secretary of the Board