HomeMy WebLinkAboutORD 5937CITY OF RENTON, WASHINGTON
ORDINANCE NO. 5937
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
DOLLAR AMOUNT AND PERCENTAGE INCREASE FOR THE PROPERTY TAX TO BE
LEVIED FOR THE YEAR 2020.
WHEREAS, the City Council has properly given notice of the public hearing to consider the
City's 2019-2020 proposed budget pursuant to RCW 84.55.120; and
WHEREAS, the City Council, after hearing and after duly considering all relevant evidence
and testimony presented, has determined that there is a need to increase the property tax
revenues from the prior year, in addition to the increases resulting from annexations, the
addition of new construction, and improvements to property, and any increases in the value of
state -assessed property, in order to discharge the expected expenses and obligations of the City;
and
WHEREAS, RCW 84.55.120 requires the adoption of a separate ordinance specifically
authorizing the property tax increase;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
ORDAIN AS FOLLOWS:
SECTION I. The regular property tax levy in the amount of $22,012,189 requires an
increase of 1.79% or $382,301 above the 2019 levy without consideration for increases
attributable to annexation, new construction, improvements to property, and re -levy of prior
year refund and correction amounts. Such increase is hereby authorized.
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ORDINANCE NO. 5937
SECTION 11. 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 18th day of November, 2019.
OF
APPROVED BY THE MAYOR this 18th day of November, 2019.
Approved as to form:
Shane Moloney, City Attorney
Date of Publication: 11/22/2019 (Summary)
ORD:2092:10/15/19
Denis Law, Mayor
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