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HomeMy WebLinkAboutOrd 1042 - 1978 Property Tax LevyWASHINGTON ORDINANCE NO. It cZ CITY OF TUKW 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 1978 AS REQUIRED BY RCW 84.52.020; AUTHORIZING THE CITY CLERK 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. Total Assessed Valuation $360,409,786 General Levy, All Funds 2.845 Special Levy Excess Millage -0- COUNCIL ACTION MEETING I DATE I AGENDA ACTION TYPE ITEM 1 7°7 I I I IAI WHEREAS, pursuant to the requirements of RCW 84.52.020, the City of Tukwila shall annually certify to King County on or before Wednesday next following the first Monday in October of each year the amount of levies to be made in support of the City for the ensuing year in total and by individual fund. WHEREAS, the City was notified by letter dated September 19, 1977, from Mike Lowry, Chairman, King County Council, that the deadline for submitting 1978 property tax levies has been changed to October 28, 1977. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON DOES ORDAIN AS FOLLOWS: It is hereby certified that the estimated amount necessary to be raised by taxation is the sum of 1,029,604.56 for the calendar year 1978 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 1978, to wit: The above certified tax levy may be subject to change or amendment if assessed valuation as certified by King County Auditor on October 13, 1977, proves to be in error and in such event the amended certified ordinance will be adopted and re -filed with the City Council. Ordinance No. /044./.. Page 2 Section 2. That 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, 1978, and ending December 31, 1978; 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 taxation which constitute the appropriations of the City of Tukwila for the fiscal year 1978, shall be so appropriated and so finally itemized and classified in the annual budget for the fiscal year 1978 to be adopted by the City of Tukwila as specified in Chapter 95, Laws of 1969, Extraordinary Session. The Tukwila City Council finds an emergency exists and that this Ordinance shall take effect immediately. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this /70 day of a:to b e r 1977. Approved as to Form: ity Attorney Published: Record Chronicle ATTEST: fi aaa.ei hlayo4/ 'City Clerk Oc`t'o a/ /977