HomeMy WebLinkAboutORD 5918CITY OF RENTON, WASHINGTON
ORDINANCE NO. 5918
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
2019 PROPERTY TAX LEVY INCREASE AS PREVIOUSLY CONTEMPLATED BY
ORDINANCE 5897.
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, on November 19, 2018, the City Council adopted Ordinance No. 5897
establishing the 2019 Property Tax Levy in the amount of $21,300.000; 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 authorized by Ordinance 5897 for 2019 in the
amount of $21,300,000 requires an increase of 6.9% or $1,347,995 above the 2018 levy without
consideration for increases attributable to annexation, new construction, improvements to
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ORDINANCE NO. 5918
property, and re -levy of prior year refund and correction amounts. Such increase is hereby
authorized.
SECTION II. This ordinance shall be effective upon its passage, approval, and five (5)
days after publication.
PASSED BY THE CITY COUNCIL this loth day of December, 2018.
JasonjA. Seth,
APPROVED BY THE MAYOR this loth day of December, 2618.
Approved as to form:
Shane Moloney, City torney
Date of Publication: 12/14/2018 (summary)
ORD:2048:12/5/18:scr
D is Law, Mayor
Clerk
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