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A. If the tax amount set out in AS 28.10.431(b) for any vehicle covered under BMC 4.15.020 is increased by an amendment of the statute or is increased through any automatic or administrative action authorized by the legislature, the corresponding levy amount set out in BMC 4.15.020 is deemed amended to be increased by the same dollar amount as the increase in the statutory amount. The effective date for the increase in a rate pursuant to this subsection is the earliest date upon which such new rate may be implemented pursuant to the statute.

B. The city manager shall promptly notify the appropriate department of the state of the adoption of a new rate and/or any amendment or other changes in the rates set out in BMC 4.15.020 and of any other changes made by the city to the rates that are otherwise established under the statute. Unless otherwise set out in an ordinance approved by the city council, it is the intent of the city council that all changes in rates, whether established directly by the city council by ordinance or as a result of changes in the underlying statutory rates, are to be effective at the earliest possible time. [Ord. 97-32 § 2.]