HomeMy WebLinkAboutORD 2438� • r ` , � I
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AN O�tDI1�.NCE �P' �THE CI'lY OF REN'IOPI, WASHINGZOAI,..FIXING 'THfi At�}A1T
OF TAX LEVIES NECES3ARY Z�D RAISfi 1HE AMOUNT OF THE E$TIIKATBD
EXPEND�T�IRES FOR THE YEAR I969� LES3 THE $3TIMAIED REVENU�S P'RC�i
SOURCFS 01�IER 2%AN TAXATION FOR THS �NERAL FUNDS AND ErQB ZHE PAY-
MEN� OF PRINCIPAL AND INTEREST IIPON TttE GENERAL BaNDED INpSBTFD--
N�SS OF TH� CITY OF RENION P+DR �iE YEAR 1969; TO 3.EVY �E ANNUAL
�� tiA�F,�t TAXES OF THE CITY OF R�iZUP FOR �HE FISCAL YSAR 1969
At`TD �.PPROPRIATIIVG SAME TO CERTAIN FUNDS POR CER�JAIN PURP03S3 AS
I'.EREi1�k3EL�J SET FUR'iH.
BE IT ORDA�huD BY �',dE MAYOR APID T�iE CITY QOUNCIL OF THE CITY �F
R�NZ�N, WASHiNGZ�ON, AS �LLOWS:
SECT�DId I: T�e total amount of estimated expend�ture� required for
the City of Reaton for Lhe year 19b9 is the sum of $ l0�tt52�105 ,
Total esti.mated revenues fraa sources other than taxation, inc2udit�g available
suLplus, is the sum of $ 7,138,816 ; therefore the amount nece$sary to t�e, raised
by taxa�ion is the sum �F $ 3,313,289 and said amount flf tax letry is hereby
I�vied upon real and personal property subject to taxatfon in the City of Renton.
�'or the purpose of ra ising the neceseary revet�ues for said City for th� year 1969�
to-wit:
{TOTAL A33FsSSED VALUATI4N $ 202�226�162 )
Mills Amount
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Current Fund �.7$259 $ l,lbg,l2b
Street Futu1 3.73368 75L�,9T8
��;,fa3�teic�at3�rs�nrr�et Furid .3�Zo2 71�,goo
Pa rk Fund 3.51867 7].1,t�99
tibrary Fund 3..O1t712 211�8�lt
Firemen's Pension Pucui .5�811 I�:�,953
Cumulative lteserve Fund t11689 (Parks) .ai631 3,300
Cumnlative Reserve Fund �11698 (Fire Dept3 •03?�8 7��
Cumulative Reserve Fund #1894 .129ts6 26,i�l,
fMunicipal Bldg7
Cumulative tteserve Funa #1990 .00261 5b2
tSallfield Lightsl
Cumu2ative Reserve Fund #2104 .�32��1 6,l�84
(Park Equipment)
9 2����9
Cumulativ� Reserve P1�nd �12283 --�B�A-- 5�d00
EBeaatifiEation)
Cumulative Beserve Fund #2373 •��t91t1 1���0 i
(Underground Wiring prejects) �I
1967 Limited f3.0.Bonds � .?],720 1l�5,193
ZOTaL 16.00000 3,235,619
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Mills Amount
Excess Milla�e ��
3960 General Obligation Bonda .0�296 $ 6,000
(NOTE: Excess Levy based on asaessed
valuation of $ 139,684,805) )
1955 General Obligation Bonds .35��I 71�b70
{NOTE: Exce�s Levy based on asseased
valvstion og � 202,226,i62) )
ZOTAL 16.3973? $ 3,313,289
SECT�QN II: 'I'!�t said taxes !►erein provided �ar are 2evied for the
� purpoae oF raising revenue suff icient to pay the principal atid interest upon the
genera2 bonded indebtedness of the City of Renton� the Gene�ral P�nd, a�l for
carryic� on of the different departments of the mun£cfpal govercmient of the City
of Renton for the fiscal year beginning January l, 1969 and ebding Decemaer 31,
1969; a� saae ace hereby levied upon all the real aad peraonal property within
the City of Renton subject to taxatiQn and as sho`an by the asseasn►ent fn tt�s
County of Ki�g as final2y fixed by law.
SI�CTIQN III: Z�at tRe taxes �ollected frqn the leviea hereby fixed
and made, together with the estimated revenues from sources other than taxation
whfch constitute the sppropriations bf the City of 8enton !or the Eisc�2 y+ear
1969� are hereby appcopriated a� itemized and classified in the Annval Budget
�or the f iscal year 1969 as adopted by Ordinance No. 2�which Annnal Budget
is hereby incocporated herein as i� fuliq set gorth.
SECTION IV: A certified ccpy o£ this Ordinance shall be transmitted
t4 the King Couaty Commissioners and such other goverrnmental ageac£es as provided
by law.
gSCTION V: 1'his Ordinaace shall be in EuII totce and ef�ect fram and
atter its passage, approval aad legal pvblicatiun.
PASSED BY THE C21Y COUNCIL this th da y o! Octo�tr, 1968p
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Ae2m' .,Nelson, City Clerk
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APPBOVED BY TEIE MAY'0$ tbi� 7th asy of Oc o r. 3968. .`"�
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' Donsld W. Custer, Ms.yor II
APPRUVE S ZC! 1�4RM:
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Gerard M. Shellan, City Attorney Date of Publication: Octobe� lltl� 19��.
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