HomeMy WebLinkAboutORD 5897CITY OF RENTON, WASHINGTON
ORDINANCE NO. 5897
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ESTABLISHING THE
PROPERTY TAX LEVY FOR THE YEAR 2019 FOR GENERAL CITY OPERATIONAL
PURPOSES IN THE AMOUNT OF $22,300,000.
WHEREAS, the Council has met and considered its budget for the fiscal year 2018; and
WHEREAS, the Council, after hearing and considering all relevant evidence and testimony
presented, determined that, in order to discharge the expected expenses and obligations of the
City and in its best interest, the City of Renton requires a regular levy in the amount of
$21,300,000 for 2019;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
ORDAIN AS FOLLOWS:
SECTION I. The regular property tax levy is hereby authorized for 2019 in the amount
of $21,300,000.
This amount includes new construction and improvements to property in the amount of
$331,446; re -levy of prior year refunds in the amount of $0; adjustments as a result of
annexations that have occurred in the amount of $3,925; and any increase in the value of state -
assessed property. In addition, the 2019 levy amount will also include additional revenue
resulting from a 2018 levy error in the amount of $136,333.
SECTION II. The regular levy includes levy for the Firemen's Pension at the rate of
$0.225 per $1,000 assessed valuation.
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ORDINANCE NO. 5897
SECTION Ill. 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 this 19th day of November, 2018.
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Jaso A. Seth ity Clerk
APPROVED BY THE MAYOR this 19th day of November, 2018.
Approved as to form:
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Shane Moloney, City Attorney
Date of Publication: 11/23/2018 (Summary)
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Denis Law, Mayor
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