ITEM TITLE:
#24-14 - Amending Title 3, Chapter 3.12.040 of the Valdez Municipal Code by Establishing a Tax Exemption for Certified Volunteer Firefighters and Emergency Medical Services (EMS) Providers. First Reading. Public Hearing.
SUBMITTED BY: Sheri Pierce, City Clerk, MMC
FISCAL NOTES:
Expenditure Required: NA
Unencumbered Balance: NA
Funding Source: NA
RECOMMENDATION:
Approve Ordinance 24-14 in first reading for public hearing.
SUMMARY STATEMENT:
The City Council has expressed support for incentives to recruit and retain volunteer firefighters and EMS providers. Alaska Statute 29.45.050 allows a municipality by ordinance to exempt from taxation an amount not to exceed $10,000 of the assessed value of real property owned and occupied by certified volunteer firefighters and EMS providers.
Fire Chief Raynor has reviewed the ordinance and recommends approval. Following adoption, Chief Raynor will provide a list of eligible certified volunteers to the City Clerk. Applications must be filed annually and received by the City Clerk no later than January 15th of the tax year for which the exemption is sought.