HomeMy WebLinkAboutORD 6122CITY OF RENTON, WASHINGTON
ORDINANCE NO. 6122
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
DOLLAR AMOUNT AND PERCENTAGE INCREASE FOR THE PROPERTY TAX TO BE
LEVIED FOR THE YEAR 2024, PROVIDING FOR SEVERABILITY, AND ESTABLISHING
AN EFFECTIVE DATE.
WHEREAS, the City of Renton properly gave notice and City Council held public hearings
on October 16, 2023 and October 23, 2023 to consider the City's 2023-2024 proposed budget
pursuant to RCW 84.55.120; and
WHEREAS, the City Council, after hearing and after duly considering all relevant evidence
and testimony presented, has determined that there is a need to increase the property tax
revenues from the prior year, in addition to the increase resulting from annexations, the addition
of new construction, and improvements to property, and any increases in the value of state -
assessed property, in order to discharge the expected expenses and obligation of the city; and
WHEREAS, RCW 84.55.120 requires the adoption of a separate ordinance specifically
authorizing the property tax increase;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
ORDAIN AS FOLLOWS:
SECTION I. The 2024 regular property tax levy in the amount of $25,783,496 requires an
increase of 1.00% or $252,859 above the 2023 levy without consideration for increases
attributable to annexation, new construction, improvements to property, and re -levy of prior
year refund and correction amounts. Such increase as shown below is hereby authorized
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ORDINANCE NO. 6122
2023 Actual Levy
Limit Factor of 1%
New Construction
Prior Year Refunds
Annexation
$ 25, 285, 929
252,859
193,184
51,524
2024 Regular Levy 25,783,496
SECTION II. If any section, subsection, sentence, clause, phrase, or word of this ordinance
should be held to be invalid or unconstitutional by a court of competent jurisdiction, such
invalidity or unconstitutionality thereof shall not affect the constitutionality of any other section,
subsection, sentence, clause, phrase, or word of this ordinance.
SECTION III. This ordinance shall be in full force and effect five (5) days after publication
of a summary of this ordinance in the City's official newspaper. The summary shall consist of this
ordinance's title.
PASSED BY THE CITY COUNCIL the 13th day of November, 2023.
4) ` (1
— 4 7-41 Jason . Seth, Cit Clerk
APPROVED BY THE MAYOR this 13th day of November, 2023.
Approved as to form:
Shane Moloney, City Attorney
Date of Publication: 11/16/2023 (Summary)
ORD-Fi n:2280:10/31/2023
Ar*r 46R5vone, Mayor
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