HomeMy WebLinkAboutORD 3580 CITY OF RENTON , WASHINGTON
ORDINANCE NO . 3580
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON
FIXING THE ESTIMATED AMOUNT OF TAX LEVIES
NECESSARY TO RAISE THE AMOUNT OF THE ESTIMATED
EXPENDITURES FOR THE YEAR 1982 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:
SECTTON T: 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 is the sum of $4,355,067.55,
General Levy for the calendar. year 1982. and $612,730, Excess Levy for
the calendar year 1982, 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 the necessary revenues for said City
for the calendar year, 1982, to-wit:
(TOTAL ASSESSED VALUATION: $1;994,506,518)
GENERAL 1.982 LEVY_ $2.179 per $1,000 of True Value
*Levy Ceiling . . . . . . . . . . . . . . . . . . . . . . . . .$4,345,725.13
Annexations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .110.48
Prior Year Omitted Levies. . . . . . . . . . . . .9,231.94
MAXIMUM 1982 GENERAL TAX LEVY. . . . . . . . .$4,355,067.55
(Based on 1.06% Limit)
EXCESS 1.982 LEVY: $0.3072 per. $1.,000 of True Value
TOTAL 1982 EXCESS TAX LEVY. . . . . . . . . . . . . .$612,730.00
1980 General Obligation Bonds - Coulon Beach Park
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 of the different departments of
the municipal government of the City of Renton for the fiscal year
beginning January 1, 1.982 and ending December 31, 1982; the final budget
of the City of Renton is to be adopted and completed as specified by law.
*Levy Ceiling:
$4,1.77,810.87 - 6% on highest of three most recent year's levies;
L981/$3,941,331.01.
177,146.20 - New Construction Levy ($2.301/1981 tax rate X
$76,986,616/New Construction.
- 9,231.94 - Om:itted Assessment Levy (Subtract) .
$4,345,725.13 - Levy Ceiling (Discounting Annexations and
Omitted Assessments) .
- 1 -
CITY OF RENTON, WASHINGTON
ORDINANCE NO. 358 Continued
SECTION III : That the taxes collected from the levies hereby
fixed and made, together with the estimated revenues from sources other
than taxation which constitute the appropriations of the City of Renton
for the fiscal year 1982, shall be so appropriated and as finally
itemized and classified in the Annual Budget for the fiscal year 1982 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.
PASSED BY THE CITY COUNCIL this 19th day of October, 1981.
Delores A. Mead, C.M.C. , City Clerk
APPROVED BY THE MAYOR this 19th day of October, 1981.
Barbara Y. Shinpoch, Mayor
Approved as to form:
Lawrence J. Warren, City Attorney
Date of Publication: October 23, 1.981
i
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 part
of a formal resolution of the Board of Commissioners:
---------------------------------------------------------------------------
THE KING COUNTY ASSESSOR HAS NOTIFIED THE CITY COUNCIL OF THE CITY OF
RENTON, WASHINGTON THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN
THE BOUNDARIES OF SAID DISTRICT FOR THE YEAR 1982 IS $1,994,506,518.
REGULAR (STATUTORY) LEVY (AS APPLICABLE) :
_
EXPENSE FUND/GENERAL FUND . . . . . . . . . . . . . . . $4,355,067.55
RESERVE, FUND
FOUPON WARRANT FUND
OTHER (SPECIFY)
EXCESS VOTER APPROVED LEVY:
G. 0. BOND FUND LEVY . . . . . . . . . . . . . . . . . . . $ 612,730.00
SPECIAL LEVIES (INDICATE PURPOSE AND
DATE OF ELECTION AT WHICH APPROVED) ,
TOTAL TAXES REQUESTED . . . . . . . . . . . . . . . . . . . . . . . $4,967,797.55
THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR THE
YEAR 1982 AND THEY ARE WITHIN THE MAXIMUM ESTABLISHED BY LAW.
(AUTHORIZED SIGNATURE) Mayor
Attest :
City Clerk