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HomeMy WebLinkAboutORD 5819 CITY OF RENTON, WASHINGTON ORDINANCE NO. 5819 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ESTABLISHING THE PROPERTY TAX LEVY FOR THE YEAR 2017 FOR GENERAL CITY OPERATIONAL PURPOSES IN THE AMOUNT OF$24,200,000. WHEREAS,the Council has met and considered its budget for the fiscal year 2017; 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$24,200,000 for 2017; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES ORDAIN AS FOLLOWS: SECTION I. The regular property tax levy is hereby authorized for 2017 in the amount of$24,200,000. This amount includes new construction and improvements to property in the amount of $624,660; re-levy of prior year refunds in the amount of $70,946; 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. SECTION III. 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. 1 ORDINANCE N0. 5819 PASSED BY THE CITY COUNCIL this 21st day of November , 2016. � ��� �� Jasq�n A. Setl�City Clerk / APPROVED BY THE MAYOR this 21st day of November , 2016. /.�,� Denis Law, Mayor Approved as to form: `���«���»ui��u,,,� a ,>•`'� 4F R EH ��''��, ,�',,``,.,,-.,� G�-+-...�.__ .,,,�.� ,,,,,,,,,,,,,,,,,ro % =��_.��' ''��-,y '�-. Lawrence J. Warren, City Attorney = _ �L ; = * = SEAL = * = Date of Publication: 11/25/2016 (summary) ; ; '� = _ ' � L4 .�' o,o,' %y�, �•,, �,. +. � �i�� O�r ��Nnm�a��`� ,`�'``�� ORD:1946:11/2/16:scr �����P�RATED S�����`�� '���unn��►a�•��• 2