HomeMy WebLinkAboutCommittee of the Whole - 24 Oct 2022 - Agenda - Pdf
CITY OF RENTON
AGENDA - Committee of the Whole Meeting
5:45 PM - Monday, October 24, 2022
7th Floor Council Chambers/Videoconference
1. 2023/2024 BIENNIAL BUDGET
a) Presentation
If you would like to attend this week's meeting remotely, you can do so by going to
https://us02web.zoom.us/j/86753290028?pwd=M2pOc09HWWNrY05uVnlIWnpGS1E4UT09
Zoom Meeting ID: 867 5329 0028, Passcode: 881839
You can call through Zoom at (253) 215-8782 and use the Meeting ID.
2023-2024
BUDGET
COMMITTEE OF THE WHOLE
OCTOBER 24, 2022 AGENDA ITEM #1. a)
BUDGET
RELATED
LEGISLATION
Property Tax Levy Ordinances
Utility Rate Adjustment Ordinances
Various User Fee Adjustments (Fee
Schedule and Resolution)
2023-2024 Budget Ordinance
AGENDA ITEM #1. a)
PROPERTY
TAX
King County Assessed Value (AV)28,488,703,308$
2023
Property Tax Levied 23,533,072$
Prior Year Refunds 74,229
New Construction 178,629
Total Property Tax Levied 23,785,930$
Base Levy Rate/$1,000 AV 0.83
Banked Capacity Levied 1,500,000$
Banked Capacity Levy Rate/$1,000 AV 0.05
Estimated Levy Amount 25,285,930$
Estimated Levy Rate/$1,000 AV 0.89
2023
Median Residential AV 667,500$
Estimated Annual Tax 592$ AGENDA ITEM #1. a)
SCHEDULE CHANGES
Salary Schedule:
•Non-commissioned police salaries updated to reflect union contract settlement
•Part -time wages updated to reflect new Dept of Licensing minimum wage
Fee Schedule:
•Changed ADU footnote to clarify permit fees are not waived but instead established at
specified amounts of $0 or 50%AGENDA ITEM #1. a)
REMAINING BUDGET ACTIVITIES
Regular Council Meeting –7 pm
•Public hearing
24 Oct.
Regular Council Meeting –7 pm
•Adopt committee report
•1st reading of 2023-2024 budget ordinance
•1st reading 2023 property tax levy ordinance
•2023-2024 utility rate and user fee ordinance
7 Nov.
Regular Council Meeting –7 pm
•2nd reading & enactment all budget-related legislation
•Fee schedule resolution
14 Nov.AGENDA ITEM #1. a)
QUESTIONS
AGENDA ITEM #1. a)