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ORD 23-014ORDINANCE NO. 23-014 AN ORDINANCE levying the ad valorem taxes for obligations of the General Fund for fiscal year ending December 31, 2024. WHEREAS, the Council of the City of Camas has met and considered its budget for the calendar year 2024, and WHEREAS, the Council of the City of Camas after hearing and after duly considering all relevant evidence and testimony presented, determined that the City of Camas requires a regular levy in the amount of $14,693,557 which is equal to the property tax revenue from the previous year, and excludes amounts resulting from the addition of new construction and improvements to property and any increase in the value of state-assessed property, and amounts authorized by law as a result of any annexations that have occurred and refunds made, in order to discharge the expected expenses and obligations of the City and in its best interest; WHEREAS, the Council of the City of Camas has further determined, following due consideration, a need for tax revenue to be dedicated to Street Preservation and Maintenance; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAMAS as follows: SECTION I The dollar amount of the increase over the actual levy amount from the previous year shall be $243,049.09 which is a percentage increase of 1.6531832% from the previous year to include the City's banked capacity as allowed by law. This is exclusive of additional revenue resulting from the addition of new construction and improvements to property and any increase in the value of state assessed property, and any additional amounts resulting from any annexation that have occurred and refunds made. Ordinance No. 23-014 SECTION II The dollar amount over the actual levy amount from the previous year for the budget year 2024 as set forth in Section I herein shall be dedicated to Street Preservation and Maintenance. SECTION III A CERTIFIED BUDGET request or estimate shall be filed with the County Assessor's Office, separate from this ordinance. As required by RCW 84.52.020, that filing certifies the total amount to be levied by the regular property tax levy. The form for this purpose is titled "Levy Certification" and is available through the Assessor's Office. Certification is made in a manner prescribed by the County Assessor's Office. SECTION IV This Ordinance shall take force and be in effect five days from and after its publication according to law. PASSED by the council and APPROVED by the Mayor this 20 th day of November, 2023. SIGNED: ~c:£ ~ ayor APPROVED as to form: City Attorney