HomeMy WebLinkAboutOrd 1722 - 1995 Property Tax LevyCity of Tukwila
Washington
Ordinance No. / 7,07-R
AN ORDINANCE 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, 1995, 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 SEVERAL DEPARTMENTS OF SAID CITY FOR
THE ENSUING YEAR AS REQUIRED BY LAW
WHEREAS, the City Council of the City of Tukwila has considered the City's anticipated financial
requirements for 1995 and the amounts necessary and available to be raised by ad valorem taxes on real, personal and
utility property;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DOES
HEREBY ORDAIN AS FOLLOWS.
Section 1. 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 $2,472,897,974, current taxes for the ensuing year
commencing January 1995, in the amount and at the rates specified below.
RATE AMOUNT
A. Regular Tax Levy. 3 18000 $ 7,863,000
B Special Tax Levy. .11000 145.000
(golf course bonds)
TOTALS 3.29000 $ 8,008,000
A. 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, 1995
B The Special Tax Levy excludes the property annexed to the City without assumption of the bonded
indebtedness as indicated in the City Records
Section 2. 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 nonchartered code cities.
Section 3. This ordinance shall be in full force and effect January 1, 1995, which date is more than five days
after publication of this ordinance or a summary thereof in the official newspaper of the City, as provided by laws
PASSED THE CITY COU CIL OF THE CITY OF TUKWILA, WASHINGTON, THIS /62
DAY OF �i , 1994
A'FI EST /AUTHENTICATED
e E. Cantu, City Clerk
APPROVED AS TO FORM.
B
Joh Rants, Mayor
Office of the City Attorney
FILED WITH THE CITY CLERK. /? • 8- r7 9 »
PASSED BY THE CITY COUNCIL. /off - /eZ Jr 5'
PUBLISHED• / o:- /6 - 9
EFFECTIVE DATE. / — /— j?S
ORDINANCE NO / 2 a
ordlevy 12/13/94
By Ordinance 2152 of the King County Council,
Junior Taxing Districts are required annually
to submit the following information regarding
their tax levies for the ensuing year as a
Dart of a formal resolution of the Board of
Commissioners.
THE KING COUNTY ASSESSOR HAS NOTIFIED THE CITY COUNCIL OF
THE CITY OF TUKWILA THAT THE ASSESSED VALUATION
OF PROPERTY LYING WITHIN THE BOUNDARIES OF SAID DISTRICT FOR
THE YEAR 1994 IS:
$ 2,472,897,974
REGULAR (STATUTORY) LEVY (AS APPLICABLE):
EXPENSE FUND
$ 7,733,000
- RESERVE FUND $ 125,000
COUPON WARRANT FUND $
OTHER (SPECIFY) FIREMAN'S PENSION $ 5,000
EXCESS (VOTER APPROVED) LEVY:
G.O. BONDS FUND LEVY
$ 145,000
SPECIAL LEVIES (INDICATE PURPOSE AND DATE OF ELECTION AT
WHICH APPROVED):
TOTAL TAXES REQUESTED
$
8,008,000
THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID
DISTRICT FOR THE YEAR 199.3 AND THEY ARE WITHIN THE MAXIMUMS
ESTABILISHED BY LAW.
(AUTHORIZED SIGNATURE)
Sing County
Department of Assessments
King County Administration Bldg.
500 Fourth Avenue. Room 708
Seattle. Washington 98104
(206) 296 -5195 FAX 296 -0595
Scott Noble
Assessor
CERTIFICATION OF ASSESSED VALUATION
I, Scott Noble, King County Assessor, pursuant to the duty imposed upon me by RCW
84 48 130, certify that the assessed valuation of all the taxable property situated within
the boundaries of the City of Tukwila for the assessment year 1994 and tax year 1995,
is $2,472,897,974 and is recorded as such in the King County Assessment Roll
The above valuation is based upon the values established and certified in the 1994
assessment year' and certified to the King County Board of Equalization on July 9, 1994
pursuant to RCW 84 40 320
This valuation includes $20,153,827 which is the value of new construction and
improvements to property in 1994, plus any increase in the value of state assessed
property included in the certificate of values from the Washington State Department of
Revenue received December 5, 1994
The value herein certified to you has been adjusted to exclude $6,778,598, which is
exempt from taxation pursuant to RCW 84 36 381, and does not include all changes
that may be ordered by the King County Board of Equalization, which is now in session
and will remain so for an undetermined period of time
Dated this 7th day of December, 1994
5 *mi3-1-.
Scott Noble, King ounty Assessor
The following determination of your regular levy limit for 1995 property taxes is provided by the King County Assessor
pursuant to RCW 84.55.100.
Highest lawful regular levy since 1986 including lid lifts (RCW 84.55 092) (1994 levy) (1) $7,925,696
Less refund fund levy (32,924)
Equals levy basis for calculation of 106% limit 7,892,772
106% LIMITATION CALCULATION (RCW 84.55.010)
7,892,772 Levy basis for 106% calculation
x 106% 8,366,338 106% levy
Prior
x
8
x
il30{ i %fir: ''f
years.
12/8/94 12:53 PM
TAXING DISTRICT: TUKWILA
20,153,827
5,308,028
25,461,855
3 01068
76,657
8,366,338
76,657
11,111
8,431,885
2,431,813,074
3 46734
41,084,900
3 46734
142,455
11,111
8,431,885
8,585,451
47,605
8,633,056
Local new construction and improvements to property
Increase in state- assessed public utility value (2)
Total new construction value
1994 regular levy rate
New construction levy
106% levy
New construction levy
Omitted assessments levy (3)
106% levy ceiling
Regular levy assessed value less annexations
1995 levy rate
Annexation assessed value
1995 levy rate
Annexation levy
Omitted assessments levy
106% levy ceiling
Maximum 1995 levy based on 106% limit
Refund fund levy (4)
Maximum 1995 levy based on 106% limit plus refund fund
STATUTORY LEVY CALCULATION (RCW 84.52.043)
2,472,897,974 Regular levy assessed value
x 3 12212 Maximum statutory rate
7,720,684 Maximum 1995 statutory levy
11,111 Omitted assessment levy
7,731,795 Maximum 1995 levy based on statutory rate limit
ALL YEARS INDICATED ABOVE ARE THE YEARS IN WHICH THE TAX IS PAYABLE.
(1) This figure shows the maximum allowable levy, which may differ from any actual prior levy if a district has levied less than its maximum in
(2) Any increase in value in state assessed property is considered to be new construction value for purposes of calculating the 106% limit.
(3) An omitted assessment is property value that should have been included on a prior year's roll but will be included on the current (1995) tax
roll. Omits are assessed and taxed at the rate in effect for the year omitted (RCW 84.40 .080 -085). Omitted assessments tax is deducted from the
106% levy maximum before calculating the levy rate for current assessments and added back in as a current year's receivable.
(4) Administrative refunds under RCW 84.69.020 were removed from the 106% levy lid by the 1981 legislature.
(5) A district is entitled to the lesser of the maximum levies determined by application of the 106% limitation and the statutory rate limit. Levies
may be subject to further proration if aggregate rate limits set in Article VII of the state consitution and in RCW 84.52.043 are exceeded.
NOTES: EST Library rate 47788