Resolution 3794
Item Number: 10f_reso 1 Meeting Date: November 16, 2021 2 3 4 PORT OF SEATTLE 5 RESOLUTION NO. 3794 6 7 A RESOLUTION of the Port Commission of the Port of Seattle 8 specifying the dollar and percentage change in the 9 regular property levy from the previous year per 10 RCW 84.55.120; providing for an increase of the 11 levy from $78,676,344 to $81,036,634. 12 13 WHEREAS, the Port of Seattle in the Commission has met and considered its 14 budget for the calendar year 2022; and 15 16 WHEREAS, the Port of Seattle's Commission, after hearing and duly considering all 17 relevant evidence and testimony presented in a public hearing held pursuant to 18 RCW 84.55.120, has determined the Port of Seattle requires a regular levy in the amount of 19 $81,036,634, which represents the levy rate of approximately $0.112 per thousand of 20 assessed value; and 21 22 WHEREAS, the levy amount includes an increase in property tax revenue from the 23 previous year to discharge the expenses and obligations of the district in its best interest. 24 25 NOW, THEREFORE, BE IT RESOLVED by the Port Commission of the Port of 26 Seattle that a property tax levy is hereby authorized in the amount of $81,036,634, an increase 27 of $2,360,290, a 3.0 percent increase from 2021. Excluding the new construction and refund 28 amount, the increase is $966,907 or 1.2 percent from 2021 for tax filing purposes. 29 30 ADOPTED by the Port Commission of the Port of Seattle at a duly noticed meeting held 31 this 16th day of November, 2021, and duly authenticated in open session by the signatures of the 32 Commissioners voting in favor thereof and the seal of the Commission. 33 34 35 36 37 38 39 40 41 42 43 44 Port of Seattle Commission Resolution No. 3794, 2022 Tax Levy Page 1 of 1
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