HomeMy WebLinkAboutORD 4338 CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4338
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, FIXING
THE ESTIMATED AMOUNT OF TAR LEVIES NECES3ARY TO RAISE �
THE AMOUNT OF ESTIMATED EXPENDITURES FOR THE YEAR 1992
AS REQUIRED BY RCW 84.52.020; AUTHORIZING THE CITY
CLERR TO CERTIFY SUCH BUDGET OR E3TIMATE OF THE AMOUNT
TO BE RAISED BY TAXATION ON THE ASSESSED VALUATION OF
THE PROPERTY LOCATED WITHIN THE CITY OF RENTON,
WA3HINGTON.
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
1992 is the sum of $10,256, 816 General Levy, and; $1, 241, 772
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 1992, to wit:
REGULAR LEVY ASSESSED VALUATION: $3 , 107, 851,400
GENERAL 1992 LEVY RATE: $3 . 28917
Levy Ceiling. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,210, 778
Annexation Levy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11, 464
Omitted Assessment Levy. . . . . . . . . . . . . . . . . . . . . 24, 346
Refund Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10, 228
MAXIMUM 1991 GENERAL TAX LEVY. . . . . . . . . . . . . . . $10, 256, 816
(Based on 106% Limit)
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ORDINANCE NO. 4338
EXCESS LEVY ASSESSED VALUATION: $3, 079,455, 648
(Excludes Exempt Property)
EXCESS 1992 LEVY RATE: $0.40324
1992 EXCESS LEVY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,241,772
TOTAL GENERAL AND EXCESS LEVIES. . . . . . . . . . . . . $11,498, 588
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, 1992 , and ending
December 31, 1992 ; 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 1992, shall be so
appropriated and as finally itemized and classified in the Annual
Budget for the fiscal year 1992 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. 4338
PASSED BY THE CITY COUNCIL this 16th day of December,
1991.
�
Marilyn . P tersen, City Clerk
APPROVED BY THE MAYOR this 16th day of December, 1991.
Ea 1 Clymer, yor
Approv s to �/�a'�''�L�._,
Lawrence J. War n, City Attorney �
Date of Publication: December 20 , 1991
ORD. 216: 12/06/91:as.
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By Ordinance 2152 of the King County Council ��INANCE 4�4338
Junior Taxing Districts are required annually to
submit the following information regarding their
' tax levies for the ensui.ng year as a Fart of a
formal resolution of the Board of Commic�ioners.
- - - - - - - - - - - - - - - - -- - - - = - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
THE KING COUNTY ASSESSOR HAS NOZ'IFIED THE COMNIISSIONERS OF
THF. ('TTY OF RFNT(�N, WASHTNGTnN THAT THE ASSESSED VALUATION OF
PROPERTY LYING WTTHIN THE BOUNDARIES OF SAID DISTRICT FOR THE
YEAR 1991IS $ 3 , 10� , 851 , 400
REGULAP (STATUTOR� LEVY (AS APPLICABLE�:
EXPENSEFUND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ �.o i 'L 5 6 , 816
RESERVE FUND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
COUPON WA,�t]RANT FUND . . . . . . . . . . . . . . . . . . . . . $
OTHER (SPECIFI'). . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
EXCESS (V4TER APPROVEDl LEVY:
G.O. BOND FUND LEVY. . . . . .. . . . . . . . . . . . . . . . . . . $ 1 , 2 41 , ��z
SPECIAL LEVIES (INDICATE PURPOSE AND DATE
OF ELECTION AT WHICH APPROVED):
, . . . . � . . . . � , . . . e $
. . . . . . . . . . . . . . . . $
TOTAL TAXES REQUESI'ED . . . . . . . . . . . . . . . . . . . . . . . . . $ 11 , 4 9 8 , 5 8 8
_ THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID
DISTRICT FOR THE YEAR 1992 AND THEY ARE yVI'T�N THE l�ZA,��IMUMS
ESTABLISHED $Y LAW. , .��
(A ORIZED SIG ) Earl Clymer , Mayor
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