HomeMy WebLinkAboutOrd 2511 - Limiting Factor for Regular Property Tax Levy Above Inflation Rate (Implicit Price Deflator)AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF TUKWILA, WASHINGTON, RELATING TO THE
LIMITING FACTOR FOR THE REGULAR PROPERTY
TAX LEVY ABOVE THE RATE OF INFLATION (IMPLICIT
PRICE DEFLATOR); PROVIDING FOR SEVERABILITY;
AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Tukwila has considered its budget for the
2017-2018 biennium; and
WHEREAS, in the course of considering the 2017-2018 biennial budget, the City
Council reviewed all sources of revenue and examined all anticipated expenses and
obligations; and
WHEREAS, due to the needs regarding parks, residential and arterial streets, City
facilities, and police and fire services, the City Council found there is substantial need to
increase the regular property tax limit factor above the rate of inflation; and
WHEREAS, the City Council desires to continue that rate in order to meet service
needs in the City in 2017 and beyond;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA,
WASHINGTON, HEREBY ORDAINS AS FOLLOWS:
Section 1. Regular Tax Levy. The City Council of the City of Tukwila finds there is
substantial need to increase the regular property tax limit factor above the rate of inflation,
and hereby establishes that the limit factor for the regular levy for the calendar year 2017
shall be 101% of the highest amount of the regular property taxes that could have been
lawfully levied in Tukwila in any year since 1985.
Section 2. Corrections by City Clerk or Code Reviser. Upon approval of the
City Attorney, the City Clerk and the code reviser are authorized to make necessary
corrections to this ordinance, including the correction of clerical errors; references to
other local, state or federal laws, codes, rules, or regulations; or ordinance numbering
and section/subsection numbering.
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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, 2017.
PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at
a Regular Meeting thereof this day of r L) OP-. b -a', '2016.
ATTEST /AUTHENTICATED:
` , te '
Christy O'Fla rty, MMC, City CI rk
APPROVED AS TO FORM BY:
Rachel B. Turpin, City Attorney
Filed with the City Clerk: i ll—I -
Passed by the City Council ~' et-
Published: -
Effective Date: P Qi2- 5 Q
Ordinance Number: .1,a
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City of Tukwila Public Notice of Ordinance Adoption for Ordinances 2510 -2514.
On November 21, 2016 the City Council of the City of Tukwila, Washington, adopted the
following ordinances, the main points of which are summarized by title as follows:
Ordinance 2510: 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,
2017, ON ALL PROPERTY, BOTH REAL AND PERSONAL, IN SAID CITY, THAT 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, WITH AN EXCESS PROPERTY TAX LEVY FOR THE
PURPOSE OF PAYING DEBT SERVICE ON THE CITY'S UNLIMITED TAX GENERAL
OBLIGATION BONDS ISSUED IN 2016, AS REQUIRED BY LAW; PROVIDING FOR
SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE.
Ordinance 2511: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, RELATING TO THE LIMITING FACTOR FOR THE
REGULAR PROPERTY TAX LEVY ABOVE THE RATE OF INFLATION (IMPLICIT
PRICE DEFLATOR); PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN
EFFECTIVE DATE.
Ordinance 2512: 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, 2017, ON ALL
PROPERTY, BOTH REAL AND PERSONAL, IN COMPLIANCE WITH RCW 84.55.120;
PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE.
Ordinance 2513: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, AMENDING ORDINANCE NO. 2458, WHICH ADOPTED
THE CITY OF TUKWILA'S BIENNIAL BUDGET FOR THE 2015 -2016 BIENNIUM, TO
ADOPT AN AMENDED YEAR -END BUDGET; PROVIDING FOR SEVERABILITY; AND
ESTABLISHING AN EFFECTIVE DATE.
Ordinance 2514: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, AUTHORIZING THE ISSUANCE OF UNLIMITED TAX
GENERAL OBLIGATION BONDS OF THE CITY IN THE AGGREGATE PRINCIPAL
AMOUNT OF NOT TO EXCEED $36,500,000, TO FINANCE COSTS RELATED TO ITS
PUBLIC SAFETY PLAN AND PAYING COSTS OF ISSUING THE BONDS; PROVIDING
THE FORM, TERMS AND COVENANTS OF THE BONDS; PROVIDING FOR THE
DISPOSITION OF THE PROCEEDS OF THE SALE OF THE BONDS; DELEGATING
AUTHORITY TO APPROVE THE METHOD OF SALE AND THE FINAL TERMS OF THE
BONDS; AND PROVIDING FOR OTHER MATTERS RELATING THERETO;
PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE.
The full text of these ordinances will be provided upon request.
Christy O'Flaherty, MMC, City Clerk
Published Seattle Times: November 28, 2016