Loading...
HomeMy WebLinkAboutReg 2006-11-20 Item 8A - Ordinance - 2007 General Taxes Levy COUNCIL AGENDA SYNOPSIS J�`Iy1LA' �'9s Initials ITEM NO. I ,i Meeting Date Prepared by 1 Mayor's review 1 t SQuntil review A 11/13/06 1 KAF I 1 11/20/06 1 I rsoa 1 ITEM INFORMATION I CAS NUMBER: 06-133 'ORIGINAL AGENDA DATE: NOVEMBER 13, 2006 AGENDA ITEM TITLE 2007 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 Other Mtg Date 11/13 Mtg Date Mtg Date Mtg Date 11/20 Mtg Date Mtg Date 11 2 O Mt Date (SPONSOR Council Ma Adm Svcs DCD Finance Fire Legal P&R Police PW SPONSOR'S Pursuant to State statute, both proposed ordinances are required in order to receive SUMMARY property tax revenues in 2007. The deadline for submitting 2007 property tax levies to King County is December 1, 2006. REVIEWED BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DA I'E: 11/06/06 RECOMMENDATIONS: SPONSOR /ADMIN. Adopt the two proposed property tax ordinances as presented COMMII'1'EE Unanimous approval; forward to COW Meeting on 11/13/06 COST IMPACT FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED Fund Source: N/A Comments: N/A MTG. DATE I RECORD OF COUNCIL ACTION 11/06/06 1 Finance Safety Committee review and discussion 11/13/06 Forward to next reaular meeting MTG. DATE ATTACHMENTS 11/13/06 Memorandum to Council from K. Fuhrer dated November 7, 2006 Larry Phillips correspondence dated October 13, 2006 Preliminary Levy Limit Worksheet 2007 Tax Roll Proposed Ordinance Establishing the 2007 Regular Property Tax Levy Proposed Ordinance Increasing the 2007 Regular Property Tax Levy 1.0 Percent Draft Minutes Finance Safety Committee Meeting November 6, 2006 11/20/06 Ordinances in final form MS t c) N C 4 1 7so8 y City of Tukwila Washington Ordinance No. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, LEVYING THE GENERAL TAXES FOR THE CITY OF TUKWILA IN KING COUNTY FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2007, ON ALL PROPERTY, BOTH REAL AND PERSONAL, IN SAID CITY WHICH IS SUBJECT TO TAXATION FOR THE PURPOSE OF PAYING SUFFICIENT REVENUE TO CARRY ON THE SERVICES OF THE SEVERAL DEPARTMENTS OF SAID CITY FOR THE ENSUING YEAR AS REQUIRED BY LAW; PROVIDING FOR SEVERABILTTY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Tukwila has considered the City's anticipated financial requirements for 2007 and the amounts necessary and available to be raised by ad valorem taxes on real, personal and utility property; and WHEREAS, the final assessed valuation calculation has been determined; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Regular Tax Levy. A. There shall be and hereby is levied on all real, personal, and utility property in the City of Tukwila, in King County, whose estimated assessed valuation is $3,909,827,327, current taxes for the ensuing year commencing January 2007, in the amount and at the rates specified below: R atP Arnrnmt Regular Tax Levy $2.86 $11,200,000 B. The said taxes herein provided for are levied for the purpose of payment upon the general bonded indebtedness of the City of Tukwila, the General Fund, and for the maintenance of the departments of the municipal government of the City of Tukwila for the fiscal year beginning January 1, 2007. Section 2. Collection. This ordinance shall be certified to the proper County officials, as provided by law, and taxes here levied shall be collected to pay to -the Finance Director of the City of Tukwila at the time and in the manner provided by the laws of the State of Washington for the collection of taxes for non chartered code cities. Section 3. 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 4. 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, 2007. PASSED BY THE CITY COUNCIL OF THE QTY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2006. ATTEST AUTHENTICA I E V Steven M. Mullet, Mayor Jane E. Cantu, CMC, City Clerk Filed with the City Clerk: APPROVED AS TO FORM BY: Passed by the City Council: Published: Effective Date: Office of the City Attorney Ordinance Number: C :\Documents and Settings\All Users\DsI.Kop\Kelly\MSDATA \Ordinances \General Tax Levy 2007.doc KF:Isn 11n6/2006 Page 1 of 1