Title
Budget Snapshot - General Property Tax Revenue
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Receive a briefing on the general property tax revenue, how it is paid, how it is received by the City and related impacts due to the COVID-19 emergency. No action required.
Report
Issue:
Whether to receive a briefing on general property tax revenue, how it is paid, how it is received by the City and related impacts due to the COVID-19 emergency.
Staff Contact:
Nanci Lien, Fiscal Services Director, 360.756.8465
Presenter(s):
Nanci Lien, Fiscal Services Director, Administrative Services Department
Background and Analysis:
The City receives property taxes it uses for various purposes; including debt, public safety, and support of general city operations.
Staff will present information on how the property tax is paid, when the City receives it, and impacts related to the current COVID-19 emergency.
Neighborhood/Community Interests (if known):
N/A
Options:
Information only.
Financial Impact:
N/A
Attachments:
None