HomeMy WebLinkAboutResolution 20-098-CCBOARD OF COUNTY COMMISSIONERS
Grant County, Washington
A RESOLUTION OF THE GRANT RESOLUTION No. 20- 6V -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 2021—
COUNTY ROAD 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 before the taxes are payable;
WHEREAS, the rate of inflation (Implicit Price Deflator or IPD rate) for property taxes
due in 2016 is 0.602 percent", meaning the taxes levied in the Grant County Road Fund in 2020
for 2021 will decrease, except for the 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, 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 making it difficult to meet public demands.
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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 1.000000 percent for the property tax levy for 2021 for the Grant County
Road Fund.
ADOPTED this day of /U6 V—, 2020.
Yea
ATTEST:
� 7
arbara J. a
Clerk ofTor
BOARD OF COUNTY
C MMISSION RS
Nay Abstain G OU Y WA HINGTON
Cindy arter Chair
❑ ❑
Tom aylor, Mem r
N ..
ichard Stevens, Member
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