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HomeMy WebLinkAboutORD 6032CITY OF RENTON, WASHINGTON ORDINANCE NO. 6032 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE DOLLAR AMOUNT AND PERCENTAGE INCREASE FOR THE PROPERTY TAX TO BE LEVIED FOR THE YEAR 2022, 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 2021-2022 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 increases 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 obligations 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 2022 regular property tax levy in the amount of $23,300,071 requires an increase of 1.75% or $396,721 above the 2021 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 is hereby authorized. SECTION II. If any section, subsection, sentence, clause, phrase, or work of this ordinance should be held to be invalid or unconstitutional by court or competent jurisdiction, 1 ORDINANCE NO.6032 such invalidity or unconstitutionality thereof shall not affect the constitutionality of any other section, subsection, sentence, clause, phrase, or word of this ordinance. 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 15th day of November, 2021. Jason J. Seth, C APPROVED BY THE MAYOR this 15th day of November, 2021. Approved as to form: Shane Moloney, City Attorney Date of Publication: 11/18/2021 (Summary) ORD:2187:10/27/21 lerk ArroonVlo Pavone, Mayor 2