HomeMy WebLinkAboutOrd 1235 - 1982 Tax Levies M Ena_ j I r. Enue ACTtO%
TYPE I_ I it
CITY TUK WILA
of
WASHINGTON
ORDINANCE NO.
AN ORDINANCE OF THE CITY OF TUKWILA, WASHINGTON,
FIXING THE AMOUNT OF TAX LEVIES NECESSARY TO
RAISE FUNDS TO MEET THE ESTIMATED EXPENDITURES
FOR THE YEAR 1982 AS REQUIRED BY RCW 35A.84;
AUTHORIZING THE FINANCE DIRECTOR 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 TUKWILA, WASHINGTON
AND DECLARING AN EMERGENCY.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA,
WASHINGTON, DO ORDAIN AS FOLLOWS:
Section 1. Pursuant to the requirements of RCW 35A.84, the
City of Tukwila shall annually certify to King County the amount of levies
to be made in support of the City for the ensuing year in total and by
individual fund.
It is hereby certified that the estimated amount necessary to
be raised by taxation is the sum of $1.774.754_ for the calendar year
1982 and said amount of tax levy is necessary to be levied upon the real
and personal property subject to taxation in the City of Tukwila for the
purpose of raising the necessary revenues for said City for the calendar
year 1982, to wit:
AMOUNT RATE
Total Assessed Valuation 780,548,547
General Levy, All Funds 1,620,986 2.074
Special Levy -Golf Course Bonds 153,768 .197
TOTAL 1,774,754 2.271
The above certified tax levy may be subject to change or amendment
if assessed valuation as certified by King County Assessor on October 6, 1981
proves to be in error and in such event the amended certified ordinance will
be adopted and re -filed with the City Council.
Section 2. The said taxes herein provided for are levied for the
purpose of raising revenue sufficient to pay the principal and interest upon
the general bonded indebtedness of the City of Tukwila, the General Fund, and
for carrying on of the different departments of the municipal government of
the City of Tukwila for the fiscal year beginning January 1, 1982, and ending
December 31, 1982; the final budget of the City of Tukwila is to be adopted
and completed as specified by law.
Section 3. That the taxes collected from the levies hereby fixed
and made, together with the estimated revenues from sources other than taxa-
tion which constitute the appropriations of the City of Tukwila for the fiscal
year 1982 shall be so appropriated and so finally itemized and classified in
the annual budget for the fiscal year 1982 to be adopted by the City of Tukwila
as specified in Chapter 95, Laws of 1969, Extraordinary Session.
Section 4. A certified copy of this Ordinance shall be transmitted
to the Clerk of the County Council and the King County Assessor's Office and
such other governmental bodies as provided by law.7F
The Tukwila City Council finds an emergency exists and that this
Ordinance shall take effect immediately.
ro A t� d 6"T #I to tC 0,t'
PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON,
at a regular meeting thereof this ,ZO day of (f2r;=4,4,4? 1981.
A1 as to Form:
ity Attorney, Lawre1iicee E. Hard
l�
Acting Mayor Pro i em
ATTEST:
ZC1
Published Record Chronicle October 25, 1981
TAXIING...TR=
The following calculations are offered as aid in your determination of the dollar
limitation imposed by statute on the 1982 regular property levy for your district.
1979 Regular Levy
1980 Regular Levy
1981 Regular Levy
1981 Regular Levy Rate
•�A�.
9.4
Highest of Three Most Recent Year's Levies
106%
-5 5SG�2. 23.106% Levy
�.4 373, 075 Local New Construction
7 w,oA State Public Service New Construction (1)
r /e, 6.2A,57k Total New Construction
a, o42, ✓1981 Levy Rate
T.12� 1,R New Construction Levy
..6, X06% Levy
6 ,/,R Construction Levy
/71 itted Assessnent Levy (3)
Ito 7,,25? /Levy Ceiling (Less Annexations, Omitted Assessments
/,Ap7,,2g Levy Ceiling (Less Annexations, Omitted Assessments
7,F0,5i/g 54 Value (Less Annexations, Omitted Assmts.
2.0744 1982 Levy Rate
Annexation Assessed Value
2.o w/ 1982 levy Rate
r1S Annexation Levy
d 'Timber Assessed Value (4)
0 1982 Levy Rate
Timber Levy
e5 Annexation Levy
...7 7', S2L..1nitted Assessment Levy (3)
G /Il. fp7,. Levy Ceiling (Less Annexations, Omitted Assessments Timber)
Maxinum 1982 Levy Based on 106% Limit (2)
7 Aq SWI,($ 4 7'Assessed Value (Excluding units)
,e,4;„06, 'Maximum Statutory Rate
y 2o9 9 744, 77/Maximum 1982 Levy (Excluding Omitted Assessment Levy)
..z 17 '..5X knitted Assessnent Levy (3)
"ip ,'.3.35'Maxisnum. 1982 Levy Based on Statutory Levy (2)
?,O 9.!XVMaximum 1982 Levy
ALL YEARS INDICATED ABOVE ARE THE YEAR THE TAX IS PAYABLE
Timber)
Timber)
Timber Value;
(1) Increase in S.P.S. value considered as new construction.
(2) District is entitled to maximum levy determined by 106% calculation or maximum
statutory rate calculation, whichever is the lesser amount.
(3) An omitted assessment is property value that should have been included on a prior
years tax roll, but will be included on the current (1982) tax roll. Omits are
assessed and taxed at the rate in effect for the year omitted.
(RCW 84.40.080 RCW 84.40.085)
For the purpose of ca siting levy rates, the tax a district will receive from
omitted assessments is deducted fran the current levy amount. Omits will lie
billed based on the anitted years rate and included as a current years tax receivable
(4) Timber assessed value is at 80% of Timber Roll. (RCW 84.33.060)
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