HomeMy WebLinkAboutResolution 16-202-CC BOARD OF COUNTY COMMISSIONERS
Grant County,Washington
A RESOLUTION OF THE GRANT RESOLUTION No. 16�,,(��,,, -CC
COUNTY BOARD OF
COMMISSIONERS, MAKING A
DECLARATION OF SUBSTANTIAL
NEED FOR PURPOSES OF THE
SETTING THE LIMIT FACTOR FOR
THE PROPERTY TAX LEVY FOR 2017-
CURRENT EXPENSE FUND
WHEREAS, RCW 84.55.010 provides that a taxing jurisdiction may levy taxes in an
amount no more than the limit factor multiplied by the highest levy of the most recent three years
plus additional amounts resulting from new construction and improvements to property, newly
constructed wind turbines, and any increase in the value of state-assessed utility property;
WHEREAS, under RCW 84.55.005(2)(c), the limit factor for a taxing jurisdiction with a
population of 10,000 or over is the lesser of 101 percent or 100 percent plus inflation;
WHEREAS, RCW 84.55.005(1) defines "inflation" as the percentage change in the
implicit price deflator for personal consumption expenditures for the United States as published
for the most recent 12-month period by the Bureau of Economic Analysis of the federal
Department of Commerce in September of the year befora the taxes are payable;
WHEREAS, the rate of inflation (Implicit Price Deflator or IPD rate) for property taxes
due in 2017 is 0.953 percent", meaning the taxes levied in the Grant County Current Expense in
2016 for 2017 will decrease, except for the amounts resulting from new construction and
improvements to property, newly constructed wind turbines, and any increase in the value o�
state-assessed utility property;
WHEREAS, RCW 84.55.0101 provides for use of a limit factor of 101 percent or less
with a finding of substantial need by two-thirds of the members when the board consists of four
members or less, or a majority plus one approval of the board when the board consists of more
than four members;
WHEREAS, due to a decrease in sales tax and total revenues and due to substantial cuts
in expenditures malcing it difficult to meet public demands.
,
N:\StafflBVasquez\Levy Certification Forms and Process\Levy Substantial Needs of setting the limit factor for the i
property tax levy for 2017 Current Expense.docx �
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NOW, THEREFORE, THE GRANT COUNTY BOARD OF COUNTY
COMMISSIONERS OF GRANT COUNTY, WASHINGTON, DOES RESOLVE AS
FOLLOWS:
Section 1. A finding is made of substantial need under RCW 84.55.0101, which authorizes the
use of a limit factor of 101 percent for the property tax levy for 2017 for the Grant County
Current Expense Fund.
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ADOPTED this ��� ``� day of �, ' , 2016.
BOARD OF COUNTY
COMMISSIONERS
Yea Nay Abstain GRANT COUNTY WASHINGTON
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ATTEST: Carolann Swartz, Vice-Chair
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�� Barbara : asquez, Richard Stevens, Member
Clerk of the Board
N:\StafflBVasquez\Levy Certification Forms and Process\Levy Substantial Needs of setting the limit factor for the
property tax levy for 2017 Current Expense.docx
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