HomeMy WebLinkAboutORD 5680CITY OF RENTON, WASHINGTON
ORDINANCE NO. 5680
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ESTABLISHING THE
PROPERTY TAX LEVY FOR THE YEAR 2013 FOR GENERAL CITY OPERATIONAL
PURPOSES IN THE AMOUNT OF $32,563,355.
WHEREAS, the Council has met and considered its budget adjustments for the fiscal
year 2013; 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 $32,563,355 for 2013, which includes: a) a decrease from the previous year of
$1,563,744 or four point seven percent (4.7%), b) amounts resulting from the addition of new
construction and improvements to property, c) any increase in the value of state-assessed
property, and d) amounts authorized by law as a result of any annexations that have occurred
and e) re-levy of refunds made;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES
ORDAIN AS FOLLOWS:
SECTION I. The regular property tax levy is hereby authorized for 2013 in the amount
of $32,563,355.
This amount includes revenue resulting from the following sources: a) a decrease from
the previous year of $1,563,744 or four point seven percent (4.7%), b) amounts resulting from
the addition of new construction and improvements to property, c) any increase in the value of
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ORDINANCE NO. 5680
state-assessed property, d) amounts authorized by law as a result of any annexations that have
occurred, and e) amounts resulting from the re-levying of any refunds made.
SECTION II. This ordinance shall be effective upon its passage, approval, and five (5)
days after publication.
PASSED BY THE CITY COUNCIL this 3rd day of December , 2012.
Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 3rd day of December ^ 2012.
Denis Law, Mayor
Approved as to form:
Lawrence J. Warren, City Attorney
Date of Publication: 12/7/2012 (Summary)
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