HomeMy WebLinkAboutORD 4566 Amended by: ORD 4644
CITY OF RENTON, WASHINGTON
ORDINANCE N0. 4566
AN ORDINANCE OF TIiE CITY OF RENTON, WASHINGTON, FIXING
THE RATES AND/OR AMOUNT OF TAXES TO BE LEVIED, AND
LEVYING THE SAME UPON ALL TAXABLE PROPERTY, BOTH REAL AND
PERSONAL, IN THE CITY OF RENTON, WASHINGTON, TO FINANCE
THE DEPARTDIENTS AND ACTIVITIES OF CITY GOVERNbIENT, AND TO
PROVIDE FOR THE GENERAL OBLIGATION BOND PRINCIPAL AND
INTEREST REDEMPTION REQUIREMENTS FOR THE YEAR BEGINNING
ON THE FIRST DAY OF JANiJARY 1996 .
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN
AS FOLLOWS :
SECTION I . There is hereby levied a tax on all taxable
property, both real and personal, within the City of Renton and
subject to taxation under the laws of the state of Washington, on
the first day of January 1996, at the rate of three dollars and
sixty cents ($3 . 60) per thousand dollars of assessed value of such
property, such tax being levied for the purpose of raising
sufficient revenues to finance the various departments and '�,
activities of the municipal government of the City of Renton for ,
fiscal (calendar) year 1996 .
Provided that where state statute stipulates another rate on a
class of personal property, such rate shall apply; and provided
further that in the event such rate, when extended, would generate ��
taxes in excess of the maximum amount allotted by law, then such
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ORDINANCE NO. 4566
rate shall be reduced to the rate that will generate the following II
amounts :
Estimated 1996 General $13, 281, 500
Property Taxes
Estimated 1996 Fire 297, 000
Pension Property Taxes
Estimated 1996 Excess Levy 1, 195, 000
Property Taxes
Total General and Excess $14, 773, 500
Levies
SECTION II. The taxes collected from the levies hereby
fixed and made, together with estimated revenues from sources other
than taxation which constitute the appropriations of the City of
Renton for the fiscal year 1996, shall be so appropriated and as
finally itemized and classified in the annual budget for the fiscal
year 1996 be adopted by the City of Renton as specified in Chapter
95, Laws of 1969, Extraordinary Session, as amended.
SECTION III . A certified copy of this ordinance shall be i
transmitted to the Clerk of the King County Council and the King �,
County Assessor' s office and such governmental bodies as provided
by law.
SECTION IV. This ordinance shall be effective upon its
passage, approval and five (5) days after its publication.
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ORDINANCE N0. 4566
PASSED BY THE CITY COUNCIL thiS llth day Of December , 1995 .
Marilyn . Petersen, City Clerk
APPROVED BY THE MAYOR this llth day of December , 1995 .
7I
Earl Clymer, Ma o
Approved as to form:
�
��' '�`.�:"-'-�=--, ,
Lawrence J. Warren, City Attorney �
Date of Publication: 12/15/95 - �`
ORD.522 : 11/O1/95 :as.
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