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HomeMy WebLinkAboutORD 6087CITY OF RENTON, WASHINGTON ORDINANCE NO. 6087 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ESTABLISHING THE PROPERTY TAX LEVY FOR THEY YEAR 2023 FOR GENERAL CITY OPERATIONAL PURPOSES IN THE AMOUNT OF $25,285,929, PROVIDING FOR SEVERABILITY, AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the Council has met and considered its budget for the fiscal year 2023; 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 $25,285,929 for 2023; and 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 2023 in the amount of $25,285,929. This amount includes new construction and improvements to property in the amount of $178,629; re -levy of prior year refunds in the amount of $74,229; adjustments as a result of annexations that have occurred in the amount of $0; and any increase in the value of state - assessed property. SECTION II. The regular levy includes levy for the Firemen's Pension at the rate of $0.225 per $1,000 assessed valuation. I ORDINANCE NO. 6087 SECTION III. If any section, subsection, sentence, clause, phrase, or word of this ordinance should be held to be invalid or unconstitutional by a court or competent jurisdiction, such invalidity or unconstitutionality thereof shall not affect the constitutionality of any other section, subsection, sentence, clause, phrase, or word of this ordinance. SECTION IV. 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 14th day of November, 2022. A. SethArrty Clerk APPROVED BY THE MAYOR this 14th day of Novembqf, 2022. Approved as to form: Shane Moloney, City Attorney Date of Publication: 11/17/2022 (Summary) ORD-FIN: 2252: 10.26.22 4