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RES 2007-11 LIBRARY PROPERTY TAX LEVY1.7 x1193 118 tf(e7Ci0801 INFAM A RESOLUTION of the City Council of the City of Bainbridge Island, Washington, supporting approval of "Kitsap County Rural Library District Proposition No. 1, Regular Property Tax Levy," which would increase the Library's regular property tax levy rate to $0.48 per $1,000 of assessed value for collection in 2008. WHEREAS, the Kitsap Regional Library, with its nine branch libraries (the "Library"), has seen a greatly increased use and demand for library services over the past six years; and WHEREAS, the demands for library service have increased five times faster than the Library's revenues to pay for services; and WHEREAS, the Library has had a 67% increase in library use and only a 15.5% increase in operating revenues since 2001; and WHEREAS, the funding for the Library comes from a separate "regular" property tax levy which by law limits the levy to 50 cents per thousand dollars of assessed value; and WHEREAS, the state law limits property tax increases to no more than 1% more than the amount collected the previous year; and WHEREAS, the Library has requested a levy lift only once during its 55 -year history, and said request was approved in 1979; and WHEREAS, the Board of Trustees of the Library adopted Resolution No. 2007-003 proposing to increase the Library's regular property tax levy rate to $0.48 per $1,000 of assessed value for collection in 2008 in order to maintain existing services and meet increasing library service demands; and WHEREAS, levy increases in subsequent years would be as allowed by Chapter 84.55 -- RCW; and WHEREAS, the voters of Kitsap County will decide on May 15, 2007 whether to enact a levy lid lift; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, AS FOLLOWS: The City Council of Bainbridge Island supports the passage of "Kitsap County Rural Library District Proposition No. 1, Regular Property Tax Levy," which would increase the Library's regular property tax levy rate to $0.48 per $1,000 of assessed value for collection in 11: PASSED by the City Council this 25th day of April 2007. APPROVED by the Mayor this 26th day of April 2007. ATTEST/AUTHENTICATE: Rosalind D. Lassoff, CMC City Clerk Darlene Kordonowy, Mayor FILED WITH THE CITY CLERK: April 10, 2007 PASSED BY THE CITY COUNCIL: April 25, 2007 RESOLUTION NO. 2007-11 E