HomeMy WebLinkAboutORD 4379 CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4379
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, FIXING THE
ESTIMATED AMOUNT OF TAX LEVIES NECESSARY TO RAISE THE
AMOUNT OF ESTIMATED EXPENDITURES FOR THE YEAR 1993 AS
REQUIRED BY RCW 84.52. 020; AUTHORIZING THE CITY CLERK TO
CERTIFY SUCH BUDGET OR ESTIMATE OF THE AMOUNT TO BE RAISED
BY TAXATION ON THE ASSESSED VALUATION OF THE PROPERTY
LOCATED WITHIN THE CITY OF RENTON, WASHINGTON.
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN
AS FOLLOWS:
SECTION I: Pursuant to the requirements of RCW 84.52. 020, the
City .of Renton shall annually certify to King County the amount of
levies to be made in support of the City for the ensuing year, in
total and by individual fund.
Pursuant thereto, it is hereby certified that the estimated
amount necessary to be raised by taxation for the calendar year 1993
is the sum of $11, 032,928 General Levy, and; $1,400, 126 Excess
Levies; and said amount of tax levy is necessary to be levied upon
the real and personal property subject to taxation in the City of
Renton for the purpose of raising necessary revenues for said City
for the calendar year 1993, to wit:
TOTAL ASSESSED VALUATION: $3,409,487, 114
GENERAL 1993 LEVY RATE: $3 .22616
Levy Ceiling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,969, 642 '
Annexation Levy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,905 �
Omitted Assessment Levy . . . . . . . . . . . . . . . . . . . . . . . . . . 8,916 �
Refund Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 , 465
MAXIMLTM 1993 GENERAL TAX LEVY . . . . . . . . . . . . . . $11, 032,928
(Based on 106% Limit)
EXCESS 1993 LEVY RATE: $0.41066
1993 EXCESS LEVY . . . . . . . . . . . . . . o . . . . . . . . . . . . . $1,400, 126 j
TOTAL GENERAL AND EXCESS LEVIES . . . . . . . . . . . . $12 ,433 , 054 I
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ORDINANCE NO. 4379 I
SECTION II: That said taxes herein provided for are levied for
the purpose of raising revenue sufficient to pay the principal and
interest upon the general bonded indebtedness of the City of Renton,
the General Fund, and for carrying on the different departments of
the municipal government of the City of Renton for the fiscal year
beginning January 1, 1993, and ending December 31, 1993 ; the final
budget of the City of Renton is to be adopted and completed as
specified by law.
SECTION III: That 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 1993, shall . be so appropriated and as
finally itemized and classified in the Annual Budget for the fiscal
year 1993 to be adopted by the City of Renton as specified in
Chapter 95, Laws of 1969, Extraordinary Session, as amended:
SECTION IV: A certified copy of this ordinance shall be �
transmitted to the Clerk of the King County Council and the King
County Assessor's Office and such other governmental bodies as
provided by law.
SECTION V: This ordinance shall be effective upon its passage,
approval, and five days after its publication.
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' ORDINANCE NO. 4379
PASSED BY THE CITY COUNCIL this 7th day of December, 1992 .
_ �Z�����
Marily . Petersen, City Clerk
APPROVED BY THE MAYOR this 7th day of December, 1992.
_. ,
Ea Clymer, Mayo�
Approve s to form:
�`tt�,,,�.•••.
La nce J. War , City Attorney
Date of Publication: December 1 �- , 1992
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�
. By Ordinance 2152 of the King County Council,
Junior Taxing Districts are required annually
to submit the following information regarding
their tax levies for the ensuing year as a
part of a formal resolution of the Board of
Commissioners.
THE KING COUNTY ASSESSOR HAS NOTIFIED THE COMMISSIONERS OF
�i tv of Renton, wash i nqto� THQT THE ASSESSED VALUATION
OF PROPERTY LYING WITHIN THE BOUNDARIES OF SAID DISTRICT FOR THE
YEAR 1992 IS $ �,40�,48�,> >4
REGULAR (STATUTORY) LEVY (AS APPLICABLE):
EXPENSE FUND $ > > ,o�z��2g
RESERVE FUND $
COUPON WARRANT FUND $
OTHER (SPECIFI() $
EXCESS �VOTER APPROVED� LEVY:
G.O. BOND FUND LEVY $ � ,400,�26
SPECIAL LEVIES (INDICATE PURPOSE AND DATE OF �
ELECTION AT WHICH APPROVED):
$ .
$
TOTAL TAXES REQUESTED $ J2,�+33��54
THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID
DISTRICT FOR THE YEAR 1993 AND THEY A.�3� VNIT�iIN THE MAXIMUMS �
ESTABLISHED BY LAW. � '
�� I
�A RIZ SIG TURE} EARL CLY�ER, MAYOR ,
Marilyn J. etersen, City Clerk '