8g Reso 3755 Tax Levy
RESOLUTION No. 3755 A RESOLUTION of the Port of Seattle Commission specifying the dollar and percentage change in regular property levy from the previous year per RCW 84.55.120; providing for an increase of the levy from $72,000,000 to $74,160,000. WHEREAS, the Port of Seattle Commission has met and considered its budget for the calendar year 2019; and WHEREAS, the Port of Seattle Commission, after hearing and duly considering all relevant evidence and testimony presented in a public hearing held pursuant to RCW 84.55.120, has determined the Port of Seattle requires a regular levy in the amount of $74,160,000, which represents the levy rate of approximately $0.1232 per thousand of assessed value; and WHEREAS, the levy amount includes an increase in property tax revenue from the previous yearto discharge the expected expenses and obligations of the district in its best interest; NOW, THEREFORE, BE IT RESOLVED by the Port of Seattle Commission that a property tax levy is hereby authorized for 2019 in the amount of $74,160,000, an increase of $2,160,000, a 3.0 percent increase from 2018. Excluding the new construction and refund amount, the increase is $419,783 or 0.583 percent from 2018 fortax filing purposes. ADOPTED by the Port Commission of the Port of Seattle at a duly noticed meeting thereof, held this {* day ofDecember in open session by |, 2018, and duly authenticated the signatures of the Commissioners voting in favor thereof and the seal of the Commission. RYAN CALKINS | , 5 Bag STEPHANIE ROWAN et2 COURTREYcreqoRE ETER STEINBRUECK be Ne22kOtheJ Port of Seattle Commissioners Resolution No. 3755 Tax levy increase for 2019 Page 10f 1
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