2021-07-12-minutes-public-works-study-session

Home Browse Search

Chapter 82.46 RCW: COUNTIES AND CITIES—EXCISE TAX ONT REAL ESTATE 5... Page 3 of 12 counties on or after July 1, 1982, are hereby declared to be authorized and valid." [ 1994 c 272 § 2.] Expenditures prior to June 11, 1992: "Ail expenditures of revenues collected under RCW 82.46.010 made prior to .lune 11, 1992, are deemed to be in compliance with RCW 82.46.010." [ 1992 c 221 § 4.] Severability—Part, section headings not lav -1990 1st ex.s. c 17: See RCW 36.70A.900 and 36.70A.901. Intent—Construction—Effective date—Fire district funding -19821st ex.s. c 49: See notes following RCW 35.21.710. RCW 82.46.015 Maintenance of capital projects—Use of tax funds. (1) A city or county that meets the requirements of subsection (2) of this section may use the greater of one hundred thousand dollars or twenty-five percent of available funds, but not to exceed one million dollars per year, from revenues collected under RCW 82.46.010 for the maintenance of capital projects, as defined in RCW 82.46.010(6)(b). (2) A city or county may use revenues pursuant to subsection (1) of this section if: (a) The city or county prepares a written report demonstrating that it has or will have adequate funding from all sources of public funding to pay for all capital projects, as defined in RCW 82.46.010, identified in its capital facilities plan for the succeeding two-year period. Cities or counties not required to prepare a capital facilities plan may satisfy this provision by using a document that, at a minimum, identifies capital project needs and available public funding sources for the succeeding two-year period; and (b)(i) The city or county has not enacted, after June 9, 2016: Any requirement on the listing or sale of real property; or any requirement on landlords, at the time of executing a lease, to perform or provide physical improvements or modifications to real property or fixtures, except if necessary to address an immediate threat to health or safety; or (ii) Any local requirement adopted by the city or county under (b)(i) of this subsection is: Specifically authorized by RCW 35.80.030, 35A.11.020, chapter 7.48 RCW, or chapter 19.27 RCW; specifically authorized by other state or federal law; or a seller or landlord disclosure requirement pursuant to RCW 64.06.080. (3) The report prepared under subsection (2)(a) of this section must: (a) Include information necessary to determine compliance with the requirements of subsection (2)(a) of this section; (b) identify how revenues collected under RCW 82.46.010 were used by the city or county during the prior two-year period; (c) identify how funds authorized under subsection (1) of this section will be used during the succeeding two-year period; and (d) identify what percentage of funding for capital projects within the city or county is attributable to revenues under RCW 82.46.010 compared to all other sources of capital project funding. The city or county must prepare and adopt the report as part of its regular, public budget process. httpsa/app.leg.wa.gov/RCW/default.aspx?cite=82.46&full=true 2/1/2021