Title
Approval of an Ordinance Correcting the Historical Record Relating to Utility Services Tax Rates
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve an Ordinance correcting the historical record relating to utility services tax rates on second reading.
Report
Issue:
Whether to approve Ordinance correcting the historical record relating to utility services tax rates on second reading.
Staff Contact:
Aaron BeMiller, Finance Director, 360.753.8465
Presenter(s):
None - Consent Calendar agenda item.
Background and Analysis:
Background and Analysis did not change from first to second readings.
In 2018, the City Council held discussions and approved increasing the municipal utility services tax rate from 10% to 10.5% commencing January 1, 2019. In 2019, the City Council subsequently held discussions and approved increasing the municipal utility services tax an additional 1.0%, increasing the tax rate to 11.5%. These tax rate changes were not codified in City Code 5.84.050. This Ordinance corrects and ratifies these rate increases approved by Council to establish the current rate of the municipal utility services tax rate of 11.5%.
Neighborhood/Community Interests (if known):
None known at this time.
Options:
1. Approve this Ordinance correcting the historical record relating to utility services tax rates.
2. Revise and amend this Ordinance and then approve the Ordinance with those changes.
3. Do not approve this Ordinance. This option is not recommended.
Attachments:
Ordinance