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HomeMy WebLinkAboutORD 2970 1 f • ,,'�•r - ,��� . ' ! �} ~ CITY OF RENTON, [nTASHINGTON ORDINANCE N0. 2970 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, �'IXING THE ESTIMATED AMOUNT OF TAX LEVIES NECESSARY TO RAISE THE AMOUNT OF THE ESTIMATED EXPENDITURES FpR THE YEAR 1976 AS REQUIRED BY RCW 84. 52 . 020 ; AUTHORIZING THE CITY CLERK TO CERTIFY SUCH BUDGET OR ESTIMATE OF THE AMOUNT TO BE RAISED BY TAXATION ON THE ASSESSED VALUATION OF THE PROPERTY LOCATED WITHIN THE CITY OF RENTON, WASHINGTON THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS : SECTION I : Pursuant to the requirements of RCW 84. 52 . 020 , the City of Renton shall annually certify to King �ounty on or before Wednesday next following the first Monday in October of each year, the amount of levies to be made in support of the City for the ensuing year in total and by individual fund. Pursuant thereto it is hereby certified that the estimated amount necessary to be raised by taxation is the sum of $ 2��65,033 for the calendar year 1976 , and said amount of tax levy is necessary to be levied upon the real and personal pro�erty subject to taxation in the City of Renton, for the purpose of raising the necessary revenues for said City for the calendar year 1976 , to-wit : (TOTAL ASSESSED VALUATION $ 716,77£3,058 ) General Levy - all funds .3,579 Special Levy - excess millage - - 0 - I SECTION II : That said taxes herein provided for are levied for the purpose of raising revenue suffieient to pay the principal and interest upon the general bonded indebtedness of the City of Renton, the General Fund, and for carrying on of the dif�erent -1- }f � ' ,s`-� ' ••� II ♦ , ' l ' .. � � . departments of the municipal government of the City of Renton, for the fiscal year beginning January 1 , 1976 and ending December 31 , I 1976 ; the final budget of the City of Renton is to be adopted and completed as specified by law. SECTION III : That the taxes collected from the levies hereby fixed and made , together with the estimated revenues �rom sources other than taxation which constitute the appropriations of the City of Renton for the fiscal year 1976 , shall be so appro�riated and as finally itemized and classified in the Annual Budget for the fiscal year 1976 to be adopted by the City of Renton as specified in Chapter 95 , Laws of 1969 , Extraordinary Session, as amended. SECTION IV : A certified copy of this Ordinance sha�l be transmitted to the Clerk of the King County Council and the King County Assessor' s office , and such other governmental bodies as provided by law. SECTION V : This Ordinance shall be effective upon its passage , approval and five days after its publication, unless otherwise provided for hereinabove. PASSED BY THE CITY COUNCIL this 6th day of October , 1975 . �,_�� �.- �i'1���C Delores A. Mead , City �Elerk APPROVED BY THE MAYOR this 6th day of October, ' 1975 . � ,/ �f.Cl!/L�1 ///l r'�--- �sa-�ry �arre��', Ma�yor "" " '"" �� Ap ved as to form: '�,�1 � ,���,'�, G�rard M. Shellan, City Attorney Date of Publication: 10-10-75 -2-