HomeMy WebLinkAboutORD 6145CITY OF RENTON, WASHINGTON
ORDINANCE NO. 6145
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
DOLLAR AMOUNT AND PERCENTAGE INCREASE FOR THE PROPERTY TAX TO BE
LEVIED FORTHE YEAR 202S, PROVIDING FOR SEVERABILITY, AND ESTABLISHING
AN EFFECTIVE DATE.
WHEREAS, the City Council has properly given notice of the public hearing to consider
the City's 2025-2026 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 2025 regular property tax levy in the amount of $26,336,260 requires an
increase of 1.00% or $257,835 above the 2024 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. 6145
2024 Actual Levy
Limit Factor of 1%
New Construction
Prior Year Refunds
Annexation
$ 25, 783, 496
257,835
229,506
65,423
2025 Regular Levy 26,336,260
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 18th day of November, 2024.
Jasor/A. Seth, oty Clerk
APPROVED BY THE MAYOR the 18th day of Novembers 2024.
Armondo Pavone, Mayor
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ORDINANCE NO. 6145
Approved as to form:
`ern-2 -;117
Shane Moloney, City Attorney
Date of Publication: 11/21/2024 (Summary)
0 R D-FIN : 240 R D019:10/2 2/24