HomeMy WebLinkAboutCOW 2009-12-14 Item 5A - Ordinance - 2010 General Taxes Levy COUNCIL A GENDA SYNOPSIS
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ITEM INFORMATION
CAS NUMBER: 09-178 'ORIGINAL AGENDA DATE: DECEMBER 14, 2009
AG' NDA ITEM TITLE An ordinance repealing Ordinance No. 2262 and revising the property tax levy rate
and amount for 2010.
CATEGORY Discussion Motion Resolution Ordinance BtdAward Public Hearing Other
Mtg Date 12/14/09 Mtg Date Mtg Date Mtg Date 12/14/09 Mtg Date Mtg Date 12/14/09 Mtg Date
SPONSOR Council Mayor Adm Svcs DCD Fire P &R Police PW
SPONSOR'S The ordinance repeals Ordinance No. 2262, passed by the City Council on November 23,
SUMMARY 2009, and changes the levy rate and amount to be collected for 2010. New information
received from the King County Assessor's Office on December 4, 2009 significantly
increased the value of new construction for levy calculation purposes for 2010. The
Council is being asked to pass the Ordinance at this meeting, as it is required by the
County by December 15.
REVIEWED BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte
Utilities Cmte Arts Comm. Parks Comm. Planning Comm.
DA "l E:
RF,coMMENT)ATIONS:
SPONSOR /ADMIN. Finance Department
CoMMrrrEE Committee Chair consent to take this item directly to Council Meeting
COST IMPACT FUND SOURCE
EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED
Fund Source:
Comments:
MTG. DATE RECORD OF COUNCIL ACTION
12/14/09
MTG. DATE ATTACHMENTS
12/14/09 Informational Memorandum dated 12/09/09
Ordinance
2010 Levy Worksheet Original
2010 Levy Worksheet Revised
I Email from Hazel Gantz, King County Assessor's Office Levy Administration
I
I q
4
City of Tukwila
INFORMATIONAL MEMORANDUM
TO: Mayor Haggerton
City Council
FROM: Shawn Hunstock, Finance Director
DATE: December 9, 2009
SUBJECT: 2010 Property Tax Levy
ISSUE
BACKGROUND
DISCUSSION
Jim Haggerton, Mayor
The City was notified just last Friday afternoon that the value of new construction to be
included in our levy calculation for 2010 recently increased by approximately $317
million. This increase allows the City to increase the 2010 levy rate, but the original levy
ordinance, Ordinance No. 2262, must be repealed and replaced before December 15
Ordinance No. 2262 was passed by the City Council on November 23, 2009. At that
time, the value of new construction included in our levy calculation, per the King County
Assessor's Office, was $24,856,302. This resulted in a levy rate of $2.52 and total
collections of approximately $12,500,000 for 2010.
Last Friday I was notified by the Assessor's Office that the final levy calculation for
Tukwila now includes new construction of $341,888,573. This represents an increase of
$317,032,271 over the original amount.
The increased value for new construction means the City can levy up to $13,236,301 for
2010. This represents an increase of $736,301 from the amount originally passed under
Ordinance No. 2262. The resulting levy rate would be $2.67, which is an increase of
$0.15 from the $2.52 passed by City Council on November 23
City Council has the option of not increasing the levy rate beyond what was already
passed on November 23 The City could take advantage of the difference of $736,301
in subsequent years if assessed values do not go down overall.
The new levy rate of $2.67 would be an increase of $0.29676, or 12.5 from the 2009
levy rate of $2.37324. For an average home of $250,000 in value, the City portion of
property taxes would be $667.50, an increase of $74.19 over 2009.
5
INFORMATIONAL MEMO
Page 2
RECOMMENDATION
The Council is being asked to approve the Ordinance repealing Ordinance No. 2262,
and implementing a revised levy rate and amount for 2010.
This item is scheduled to be discussed at the December 14, 2009 Committee of the
Whole meeting and the Special Meeting that same evening.
ATTACHMENT
Ordinance
2010 Levy Worksheet Original
2010 Levy Worksheet Revised
Email from Hazel Gantz, King County Assessor's Office, Levy Administration
6 1 \tukstore\ Shawn -H$\I nfoMemo_2010LevyRepeal.docx
A•
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, 2010, 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; REPEALING ORDINANCE NO. 2262: PROVIDING FOR SEVERABILITY;
AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, on November 23. 2009, the City Council of the City of Tukwila Passed
Ordinance No. 2262. levying the general taxes for the City for the fiscal year commencing Tanuary
1, 2010; and
WHEREAS, on December 4.2009, the City was contacted by King County and provided with
new data relative to assessed valuation; and
WHEREAS, the City Council of the City of Tukwila has considered the City's anticipated
financial requirements for 2010 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, HEREBY ORDAINS 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 $4,965,087,948, $4,973,984,133,
current taxes for the ensuing year commencing January 2010, in the amount and at the rates
specified below:
Regular Tax Levy
Rate Amount
$22 00
$2.67 $13,236.301
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, 2010.
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. Repealer. Ordinance No. 2262 is hereby repealed.
Section 4. 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 5. 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, 2010.
W \Word Processing\ Ordinances General Tax Levy 2009_STRIKETHRU.doc
SH:ksn 12/08/2009
Page 1 of 2
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PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a
Special Meeting thereof this day of 2009
ATTEST /AUTHENTICATED:
Christy O'Flaherty, CMC, City Clerk
APPROVED AS TO FORM BY:
Office of the City Attorney
W \Word Processing\ Ordinances General Tax Levy 2009.doc
SH:ksn 12/08/2009
Jim Haggerton, Mayor
Filed with the City Clerk:
Passed by the City Council:
Published:
Effective Date:
Ordinance Number:
Page 2 of 2
PRELIMINARY
LEVY LIMIT WORKSHEET 2010 Tax Roll
TAXING DISTRICT: City of Tukwila
The following determination of your regular levy limit for 2010 property taxes is provided by the King County
Assessor pursuant to RCW 84.55.100.
Annexed to Library District
Using Limit Factor
For District
12,271,731
1.0100
12,394,448
j 24,856,302
0
24, 856,302
2.37324
58,990
12,453,438
0
12,453,438
4,964,257,830
2 50862
0
0
0
12,453,438
12,453,438
24,819
12,478,257
12,478,257
2.51362
12,283,197
111,251
0.91%
12/09/09 9:32 AM
LevyLimitWS.doc
(Note 1) Estimated Library rate: 0.41972
Calculation of Limit Factor Levy
Levy basis for calculation: (2009 Limit Factor) (Note 2)
x Limit Factor
Levy
Local new construction
Increase in utility value (Note 3)
Total new construction
x Last year's regular levy rate
New construction levy
Total Limit Factor Levy
Annexation Levy
Omitted assessment levy (Note 4)
Total Limit Factor Levy new lid lifts
Regular levy assessed value less annexations
Annexation rate (cannot exceed statutory maximum rate)
x Annexation assessed value
Annexation Levy
Lid lifts, Refunds and Total
First year lid lifts
Limit Factor Levy
Total RCW 84.55 levy
Relevy for prior year refunds (Note 5)
Total RCW 84.55 levy refunds
Levy Correction: Year of Error +or
ALLOWABLE LEVY (Note 6)
Increase Information (Note 7)
Levy rate based on allowable levy
Last year's ACTUAL regular levy
Dollar increase over last year other than N/C Annex
Percent increase over last year other than N/C Annex
Calculation of statutory levy
Regular levy assessed value (Note 8)
x Maximum statutory rate
Maximum statutory levy
+Omitted assessments levy
Maximum statutory levy
Limit factor needed for statutory levy
ALL YEARS SHOWN ON THIS FORM ARE THE YEARS IN WHICH THE TAX IS PAYABLE.
Please read carefully the notes on the reverse side.
O c
Using Implicit
Price Deflator
12,271,731
0.9915
12,167,421
24,856,302
0
24,856,302
2.37324
58,990
12,226,411
0
12,226,411
4,964,257,830
2 46289
0
0
0
12,226,411
12,226,411
24,819
12,251,230
12,251,230 I
2.46789
12,283,197
115,776
-0.94%
4,964,257,830
3.18028
15,787,730
0
15,787,730
Not usable
9
1 0
LEVY LIMIT WORKSHEET 2010 Tax Roll
TAXING DISTRICT: City of Tukwila
The following determination of your regular levy limit for 2010 property taxes is provided by the King County
Assessor pursuant to RCW 84.55.100.
Annexed to Library District
Using Limit Factor
For District
12,271,731
1.0100
12,394,448
341,888,573
2,380,741
344,269,314
2.37324
817,034
13,211,482
0
13,211,482
4,973,984,133
2 65612
12/09/09 9:33 AM
LevyLimitWS.doc
0
0
0
13,211,482
13,211,482
24,819
13,236,301
13,236,301
2.66111
12,283,197
111,251
0.91%
(Note 1) Estimated Library rate: 0.42185
Calculation of Limit Factor Levy
Levy basis for calculation: (2009 Limit Factor) (Note 2)
x Limit Factor
Levy
Local new construction
Increase in utility value (Note 3)
Total new construction
x Last year's regular levy rate
New construction levy
Total Limit Factor Levy
Annexation Levy
Omitted assessment levy (Note 4)
Total Limit Factor Levy new lid lifts
Regular levy assessed value less annexations
Annexation rate (cannot exceed statutory maximum rate)
x Annexation assessed value
Annexation Levy
Lid lifts, Refunds and Total
First year lid lifts
Limit Factor Levy
Total RCW 84.55 levy
Relevy for prior year refunds (Note 5)
Total RCW 84.55 levy refunds
Levy Correction: Year of Error +or
ALLOWABLE LEVY (Note 6)
Increase Information (Note 7)
Levy rate based on allowable levy
Last year's ACTUAL regular levy
Dollar increase over last year other than N/C Annex
Percent increase over last year other than N/C Annex
Calculation of statutory levy
Regular levy assessed value (Note 8)
x Maximum statutory rate
Maximum statutory levy
+Omitted assessments levy
Maximum statutory levy
Limit factor needed for statutory levy
ALL YEARS SHOWN ON THIS FORM ARE THE YEARS IN WHICH THE TAX IS PAYABLE.
Please read carefully the notes on the reverse side.
Using Implicit
Price Deflator
12,271,731
0.9915
12,167,421
341, 888, 573
2,380,741
344, 269, 314
2.37324
817,034
12,984,455
0
12,984,455
4,973,984,133
2.61047
0
0
0
12,984,455
12,984,455
24,819
13, 009, 274
13,009,274
2.61546
12,283,197
115,776
-0.94%
4,973,984,133
3.17815
15,808,068
0
15,808,068
Not usable
Shawn Hunstock RE: Final Levy Limit Worksheets
From:
To:
Date:
Subject:
Attachments:
This is it! What a difference in new construction!
Hazel J. Gantz
Business and Finance Officer II
Lery A dministration
(206) 296-5145
From: Shawn Hunstock [ma ilto:shunstock@ci.t ukwila.wa.us]
Sent: Friday, December 04, 2009 5:53 AM
To: Gantz, Hazel
Subject: Re: Final Levy Limit Worksheets
Hi Hazel Did this come out yesterday and I just missed it?
Shawn
Shawn Hunstock, CPA
Interim City Administrator, and
Finance Director
City of Tukwila
6200 Southcenter Blvd
Tukwila, WA 98188 -2544
Phone: 206-433-1838
Cell: 206 571 -5110
Fax: 206-433-1833
shunstockaci.tukwila.wa.us
Gantz, Hazel"
"Shawn Hunstock"
12/04/2009 1:16 PM
RE: Final Levy Limit Worksheets
Gantz, Hazel" <Hazel.Gantz @kingcounty.gov> 12/02/2009 5:37 P M
Page 1 of 2
file: /C: \Documents and Settings \Shawn- H.TUKWILA \Local Settings \Temp \XPgrpwise 12/09/2009
11
Page 2 of 2
We have received the state utility value, however, there was a glitch in our mainframe reports that are
used to calculate the levy limit worksheets This glitch has prevented me from producing the worksheets
and I will not have a clean report until Friday morning, so I will be in on Friday to complete the worksheets
and send them to you.
I have no control over the deadline for property tax requests, therefore please send in your preliminary
estimate by Friday if you have not already clone so. Please be assured that I will contact districts with any
and all questions regarding your preliminary requests versus the allowable levy that will be displayed on the
final worksheets.
I am terribly sorry for this inconvenience. Thanks for your patience and understanding.
Hazel J. Gantt
Business and Finance Ojflcer 11
Levy Administration
(206) 296 -5145
file: /C: \Documents and Settings \Shawn- H.TUKWILA \Local Settings \Temp \XPgrpwise 12/09/2009