Drafter

Clerk 06/02/2016

Title

A MOTION adopting economic factors to consider during annual levy increases for the best starts for kids levy.

Body

                     WHEREAS, Ordinance 18088 providing for the submission of the best starts for kids levy to the qualified electors of King County was adopted by the metropolitan King County council on July 20, 2015, and approved by the executive on July 23, 2015, and

                     WHEREAS, King County voters approved King County Proposition No. 1 on November 3, 2015, authorizing a six-year property tax levy lid lift for the purpose of funding prevention and early intervention strategies to improve the health and well-being of children, youth and their communities, and

                     WHEREAS, Ordinance 18088 contained a limit factor for annual levy increases of the best starts for kids levy of one hundred three percent, and

                     WHEREAS, Ordinance 18088 required that the executive shall transmit to the council for approval by motion a policy that identifies the economic indicators the council should consider each year in determining the percentage by which to increase the levy for the subsequent year;

                     NOW, THEREFORE, BE IT MOVED by the Council of King County:

                     Best Starts for Kids: Economic Factors to Consider During Annual Levy Increase, Attachment A to this motion, is hereby adopted.