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HomeMy WebLinkAboutBudget Transfer - TreasurerTO: GRANT COUNTY COMMISSIONERS FROM: DARRYL PHEASANT GRANT COUNTY TREASURER DATE: JUNE 29, 2020 RE: PUD PRIVILEGE TAX j�,Z,5 Dated this 7 day of 20a - Board of County Co nnissioners Grant County, Washington Approve Disapprove Abstain Dist # I Dist # I Dist # 1 Dist #2 Dist # 2 Dist # 2 Qist 43 Dist # 3 Dist # 3 According to RCW 54.28.090, the county legislative authority shall direct the county treasurer to distribute these funds to each taxing district in the county other than school districts in a manner they deem most equitable, except not less than an amount equal to .75% of the gross revenue obtained by a district from the sale of electrical energy within any unincorporated city or town shall be remitted to such city or town. Attached is a copy of the computation of the cities' and towns' portion which amounts to a total of $907,805.60 and monies to go directly to Fire 8 General and North Central Regional Library. The balance of $2,180,512.79 is to be distributed according to your direction. Assuming the amount will be disbursed the same as last year, the numbers would be as follows: Current Expense $2,180,512.79 Joint Library 447.85 Fire District 8 569.95 Cities and Towns 907,805.60 $3,089,336.19 Total Received RECEIVED JUN 2 9 2020 GRANT COUNTY COMMISSIONERS BELOW IS THE 2020 DISTRIBUTION OF PUD PRIVILEGE TAXES THAT WILL 2020 Contact Mike Fac( BE RECEIVED BY THE COUNTY FOR THE CITIES AND TOWNS ON 7/1 AND 754-6636 INCLUDED IN THE AUGUST 10TH ACH DEPOSIT INTO YOUR ACCOUNT. Patti Dietmeyer <Pdietm CORRECTION IN DISBURSEMENT DATE DUE TO JULY DEPOSIT 2019 GROSS SALES OF ELECTRICITY PROCEEDS INCORPORATED TOWNS AND CITIES 2018 Gross Sales COULEE CITY 553,743.83 0.0075 4,153.08 518,161.30 ELECTRIC CITY 773,393.59 0.0075 5,800.45 744,166.45 EPHRATA 7,053,803.02 0.0075 52,903.52 6,772,171.70 GEORGE 549,616.34 0.0075 4,122.12 495,162.53 GRAND COULEE 1,124,379.27 0.0075 8,432.84 1,023,021.61 HARTLINE 154,571.77 0.0075 1,159.29 153,444.85 MARLIN 58,168.14 0.0075 436.26 58,120.80 MATTAWA 1,386,361.24 0.0075 10,397.71 1,369,972.43 MOSES LAKE 45,069,881.87 0.0075 338,024.11 45,577,789.00 QUINCY 56,686,575.20 0.0075 425,149.31 47,038,251.85 ROYAL CITY 1,020,866.59 0.0075 7,656.50 975,931.16 SOAP LAKE 1,193,471.70 0.0075 8,951.04 1,127,590.25 WARDEN 5,207,666.07 0.0075 39,057.50 4,683,250.54 WILSON CREEK 208,248.99 0.0075 1,561.87 203,329.42 121,040, 747.62 907,805.60 110, 740, 363.89 UNICORPORATED TOWNS AND COUNTY BEVERLY 182, 830.49 GRANT COUNTY 83,510,465.38 83,693,295.87 TOTAL COUNTY 204,734,043.49 (does not included dams) LAST YEAR 189,524,996.19 830,552.74 cities DIFFERENCE 15,209,047.31 77,252.86 % INCREASE 8.02% 9.30% rough estimate 3,000,000.00 PUD PRIVILEGE TAX 3,089,336.19 LAST YEAR 3,125,631.81