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HomeMy WebLinkAboutOrd 1546 - 1990 Property Tax Levy w 1909 CITY OF TUKWILA WASHINGTON ORDINANCE NO. 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, 1990, 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 1990, and the amounts necessary and available to be raised by ad valorem taxes on real, personal and utility property; and WHEREAS, several areas recently voted to annex to the City of Tukwila but voted not to accept the then existing indebtedness of the City, which consisted of a tax levy for golf course bonds; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO 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 $992,987,535, current taxes for the ensuring year commencing January 1990, in the amount and at the rates specified below: RATE AMOUNT A. Regular Tax Levy: 3.1731 $3,160,705 B. Special Tax Levy: .1500 145.000 (golf course bonds) TOTALS 3.3231 $3,305,705 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, 1990. B. The Special Tax Levy excludes the property recently annexed to the City without assumption of the bonded indebtedness as indicated in the City Records. C. The 1990 Regular Tax Levy and assessed valuation excludes the property annexed to the City during 1989. This property will be included in the 1991 levy. The City will receive the King County Road Tax collected from the newly annexed areas in 1990. 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, 1990, 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 law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, THIS V 0- DAY OF .l e C% 1989. ATTEST /AUTHENTICATED: 1V1 Anderson, City Clerk FROM: APPROVED AS TO FORM: OFFICE OF THE CITXrATTORNEY: By F 1 WITH THI' CITY CLERK: 4 P ED BY THE CITY COUNCIL; a .07 PUBLISHED: .2 8 EFFECTIVE DATE: 3 9 ORDINANCE NO.: /-6" PUBLISHED: VALLEY DAILY NEWS FRIDAY, DECEMBER 8, 1989 SENT BY FAX TRANSMITTAL: WEDNESDAY, DECEMBER 6, 1989 CITY OF TUKWILA MAXINE ANDERSON, CITY CLERK 6200 Southcenter Blvd. Tukwila, WA 98188 433 -1800 Mn St knes, Y a or •Pro- em ari Y RESERVE FUND s COUPON WARRANT FUND 3 OTHER (SPECIFY) (AUTHORIZED SIGNATURE) 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 �art of a formal resolution of the Board of aommissfoners. THE KING COUNTY ASSESSOR HAS NOTIFIED THE COMMISSIONERS OF The C t OF Tu Kw t. Lt's THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN THE BOUNDARIES OF SAID DISTRICT FOR THE YEAR 1989 IS R c -3 7, '3C REGULAR (STATUTORY) LEVY (AS APPLICABLE): EXPENSE FUND 3i! !b n t '7 o c EXCESS (VOTER APPROVED) LEVY: G.O. BOND FUND LEVY 3 0-1-S SPECIAL LEVIES (IIiDICATE PURPOSE AND DATE OF ELECTION AT WHICH APPROVED): C O i S TOTAL TAXES REQUESTED Z Q S', 7 p 5 THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR THE YEAR 1990 AND THEY ARE WITHIN THE MAXIMUMS ESTABLISHED °BY LAW. TAXING DISTRICT TUKWILA The following calculations are offered as an aid in your determination of the dollar limitation imposed by statute on the 1990 regular property levy for your district. Maximum Cumulative Levy 2,913,214 1987 Regular Levy 2,421,756 1988 Regular Levy 2,650,571 1989 Regular Levy 2,913,214 1989 Regular Levy Rate 3.02051 106% LIMITATION CALCULATION 2,913,214 3,088,007 23,905,678 0 23,905,678 3.02051 72,207 3,088,007 72,207 9,561 3,150,653 992,934,635 3.17307 52,900 3.17307 168 9,561 3,150,653 3,160,382 323 3,160,705 STATUTORY LEVY CALCULATION 992,987,535 x 3.60000 3,574,755 9,561 3,584,316 3,160,705 (RCW 84.55.010) Highest /Maximum prior levy (5) 106% Levy Local New Construction State Public Service New Construction (1) Total New Construction 1989 Levy Rate New Construction Levy 106% Levy New Construction Levy Omitted Assessment Levy (3) Levy Ceiling (Less Annexations Omitted Assessments) Assessed Value (Less Annexations Omitted Assessments) 1990 Levy Rate Annexation Assessed Value 1990 Levy Rate Annexation Levy Omitted Assessment Levy (3) Levy Ceiling (Less Annexations Omitted Assessments) Maximum 1990 Levy Based on 106% Limit (2) Refund Fund (4) Maximum 1990 Levy Based on 106% Limit (2) Refund Fund (4) (RCW 84.52.043) Assessed Value (Excluding Omits) Maximum Statutory Rate Maximum 1990 Levy (Excluding Omitted Assessment Levy) Omitted Assessment Levy (3) Maximum 1990 Levy Based on Statutory Levy (2) Maximum 1990 Levy (2) REGULAR LEVY Less Refund Fund Effective 1989 Levy(5) ALL YEARS INDICATED ABOVE ARE THE YEAR THE TAX IS PAYABLE 2,914,695 1,481 2,913,214 (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 (1990) tax roll. Omits are assessed and taxed at the rate in effect for the year omitted (RCW 84.40.080- 84.40.085). For the purpose of computing levy rates, the tax a district will receive from omitted assessments is deducted from the current levy amount. Omits will be billed based on the omitted years rate and included as a current years tax receivable. (4) RCW 84.69.020 type (administrative) refunds have been removed from the 106% levy lid by the 1981 legislative session. (RCW 84.55.070) (5) 106% levy based on maximum amount allowed under RCW 84.55.090. GTr- l';1/4/