HomeMy WebLinkAboutORD 2669� f�' .I • • .. - �., . ... � � � 4 � ��• �
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ORDINANCE NO. ����
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, FIXING li
7FiE ESTIMATED AMOUNT OF TAX LEVIES NECESSARY TO RAISE ;
THE AMOUNT OF THE ESTIMATED EXPENDITURES FOR THE YEAR
1972 , 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 i
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
ORDAIN AS FOLLOWS :
SECTION I ; Pursuant to the requirements of RCW 84. 52 . 020
i.t is hereby certified that the estimated amount necessary to be raised
by taxa.t��o.n is the sum of $ 2 ,6'38,;700�'��.,'�;�or calendar year 1972 and said
amount of tax levy i.s 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 tor the calendar year 1972 ,
to-wit :
(TOTAL ASSESSED VALUATION $ 320,943, 759) , �
Mills Amount
Current Fund and other 8 . 00000l3 $2 ,567,550
Tax Supported Funds
Excess Millage 0. 224756 71 ,1�50
1 65 General Obli ation Bonds
9 g
E s L as
(Note : xce s evy b ed on
assessed valuation of $ 316 ,565 ,173) ,
TOTAL 8 . 224756 $2,638 ,700
SECTIQN II : That said taxes herein provided for are levied
for the purpose of raising revenue sufficient to pay the �rincipal and
interest upon the general bonded indebtedness ot the City of Renton,
the General Fund, and for carrying on of the different departments
of the municipal ga�rnment of the C�y of Renton, for the tiscal year
beginning January l, 1972 and ending December 31, 1972 ; and the final
budget of the City of Renton to be adopted and completed as specified
in Chapter 95 , Laws of 1969 , Extraordinary Session.
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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 1972 , shall be so appropriated
and as finally itemized and classified in the Annual Budget for the
fiscal year 1972 to be adopted by the City of Renton as specified in
Chapter 95 , Laws of 1969 , Extraordinary Session.
SECTZON IV: A certified copy of this Ordi.nance shall be
transmitted to the appropriate Governmental Agency of King County 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 publ�tion, unless otherwise
provided for hereinabove.
PASSED BY 2'HE CITY COUNCIL this 18th day of October, � 1971.
Helmie Nelson, C"ity Clerk
APPROVED BY THE MAYOR this 18th day of October , 1971 .
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very rr , ayor `
Ap� o ed as to fo
J���"y ��'�if �r�tit, .
�e�ard M. She�an, City Attorney
DATE Of PUBLICATION ��� 2 � 197�
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