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HomeMy WebLinkAboutReg 2008-11-17 Item 6A.2 - Ordinance - Increase Property Tax Levy by 1% for 2009CAS NUMBER 08-138 AGENDA ITEM TITLE SPONSOR SPONSOR'S SUMMARY Fund Source: Comments: 0 '9- /3? Mtg Date 11 /10 /08 Alts Date EXPENDITURE REQUIRED $N /A MTG. DATE I 11/10/08 Forward to next Regular Meeting COUNCIL AGENDA SYNOPSIS ITEM No. Irrrtzals Meeting Date Prepared by 1 Mayor's remery I _oynczl review 11/10/08 SH 11/17/08 SH 1 !7 ITEM INFORMATION ORIGINAL AGENDA DATE: NOVEMBER 10, 2008 2009 Property Tax Ordinances 1) Setting the Regular Levy 2) Increasing the Regular Levy by 1.0 percent. CATEGORY Discussion Motion Resolution Ordinance Bid Award Public Hearing n Other Mts Date Mtg Date f i 4 '7-0 Mtg Date Mtg Date 11/17/08 Mtg Date Council Mayor Adra Svcs DCD Finance Fire Legal P &R Police PIY/ Pursuant to State statute both proposed ordinances are required in order to receive property tax revenues in 2009. The deadline for submitting 2009 property tax levies to King County is November 30, 2008 REVIEWED BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DKIE: 10/28/08 RECOMMENDATIONS: SPONSOR /ADMIN. Adopt the two proposed property tax ordinances as presented COMMA IbE Unanimous Approval; Forward to Committee of the Whole :ST, FUND SOURCE AMOUNT BUDGETED APPROPRIATION REQUIRED $N /A $N /A RECORD.OF_ COUNCIL ACTION MTG. DATE 11/10/08 Informational Memorandum dated 10/28/08 Preliminary Levy Limit Worksheet 2009 Tax Roll, and staff notes Excel Spreadsheet Calculating the 2009 Proposed Property Tax Levy Proposed ordinances in draft form Minutes from the Finance Safety Committee meeting of 11/04/08 11/17/08 Ordinances in final form City of Tukwila Washington Ordinance No. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, INCREASING THE CITY OF TUKWILA REGULAR LEVY FROM THE PREVIOUS YEAR, COMMENCING JANUARY 1, 2009, ON ALL PROPERTY, BOTH REAL AND PERSONAL, IN COMPLIANCE WITH RCW 84.55.120; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN El— +ECTIVE DATE. WHEREAS, the City of Tukwila has properly given notice of a public hearing, held on November 17, 2008, pursuant to RCW 84.55.120; and WHEREAS, the City, after hearing and duly considering all relevant evidence and testimony presented, has determined that the City requires an increase in property tax revenue from the previous year, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of State assessed property, in order to discharge the expected expenses and obligations of the City; and WHEREAS, the City has determined that it is in its best interest and necessary to meet its expenses and obligations for the property tax revenue to be increased for 2009, and the final assessed valuation calculation has been determined, NOW, THEREFORE, THE CITY COUNCIL OF THE Cll. Y OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. An increase in the regular property tax levy, in addition to any amount resulting from the addition of new construction and improvements to property and any increase in the value of state assessed property, is hereby authorized for the 2009 levy in the amount of $114,000, which is a percentage increase of 1.0% from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, and any increase in the value of state assessed property, any annexations that have occurred and refunds made. Section 2. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 3. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect January 1, 2009. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008 ATTEST /AUTHENTICATED Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Jim Haggerton, Mayor Filed with the City Clerk: Passed by the City Council. Published. Effective Date: Ordinance Number: C:t.Documents and Settings:All Use Desktool Kellyily1SDATA?Ordinances;Reeular Tar Levy 2009.doc SH:ksn II /12/2005 Page 1 of 1