Loading...
HomeMy WebLinkAboutOrd 0993 - 1977 Property Tax LevyFOLLOWS: WASHINGTON ORDINANCE NO. 993 CITY OF TUKWILA ORDINANCE FIXING THE AMOUNT OF TAX LEVIES NECESSARY TO RAISE FUNDS TO MEET THE ESTIMATED EXPENDITURES FOR THE YEAR 1977 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 VALUA- TION OF THE PROPERTY LOCATED WITHIN THE CITY OF TUKWILA, WASHINGTON, AND DECLARING AN EMERGENCY. THE CITY COUNCIL OF THE CITY OF TUKWILA DO ORDAIN AS Section 1. 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. Pursuant thereto it is hereby certified that the esti- mated amount necessary to be raised by taxation is the sum of 953,480.60 for the calendar year 1977 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 1977, to wit: Total Assessed Valuation 308,091,507.00 General Levy, All Funds 3.074 per $1,000 of true value. Special Levy Excess Millage None The above certified tax levy may be subject to change or amendment if assessed valuation as certified by King County Auditor on September 22, 1976, 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. 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, 1977, and ending December 31, 1977; 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 1977 shall be so appro- priated and so finally itemized and classified in the annual budget for the fiscal year 1977 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 King County Council and the King County Assessor's Office and such other governmental bodies as provided by law. 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 day of Q�c Zw r 1976. Approved as to Form: ATTEST: Mayor Published: f ecorcj Chrort+ c) City c ldrk Pro Tem C E R T I F I C A T I O N I, Maxine Anderson, City Clerk Pro Tem of the City of Tukwila, Washington do hereby certify that the attached Ordinance, being Ordinance No. 993 is a true and correct copy of the ori- ginal Ordinance passed on the 4th day of October 19 76 as said Ordinance appears on the Minute Book of the City of Tukwila, Washington. DATED This 5th day of October receipt requested October 5, 1976. /fi City Clerk Pro Tem Mr. John Chambers Clerk of the King County Council Room 402 King County Court House Seattle, WA 98104 King County Assessor's Office Room 700 King County Administration Building Seattle, WA 98104 Attention: Mr. Harley Hoppe f Certified copies of Ordinance No. 993 mailed certified, return 19 76 1974 Regular Levy 1975 Regular Levy 1976 Regular Levy 1976 Regular Levy Rate 4 TAXING DIICT 358 69 s;, /09 /.2-9. 43 4g.'0,7/ 8 /o, /4 7 "e7,317./4 alb 3. 97W,83 846 (3.2 3.Y Y7 415, c} Maximum 1977 Levy ._st oc.t.x-x f The following calculations ere offered as an aid in your determination of the dollar limitation imposed by statute on the 1977 regular property levy for your district. A/ s' i s,2,4 1 3 Highest of Three Most Recent Year's Levies 106% r /e. ,S':' 38 106% Levy g, r) 1 Local New Construction r q` /gig State Public Service New Construction (1.) /f),//e. ,1., Total New Construction :?,4 1976 Levy Rate ?di,,?7e, &'5 -"New Construction Levy 91.. 5',; 106% Levy 746, ?7. gS New Construction Levy C. 440, 7/ Omitted Assessment Levy (3.) g Levy Ceiling (Discounting Annexations Omitted Assessments) 9:? ;,772 S Levy Ceiling (Discounting Annexations Omitted Assessments) 9' 1 4 ,33 7 Assessed Value (Discounting Annexations Omitted Assmts.) 34'70 1977 Levy Rate /7C7 Annexation Assessed Value t r/ 1977 Levy Rate 77, 3 Annexation Levy 4. 9 7/ Omitted Assessment Levy (3.) 7.2.2,.5 Levy Ceiling (Discounting Annexations Omitted Assessments; '41'o 4p Maximum 1977 Levy Based on 106% Limit (2.) Assessed Value (Including Annexations Excluding Omits) Maximum Statutory Rate Maximum 1977 Levy (Excluding Omitted Assessment Levy) Omitted Assessment Levy (3.) Maximum 1977 Levy Based on Statutory Levy (2.) ALL YEARS INDICATED ABOVE ARE THE YEAR THE TAX IS PAYABLE (1.) Increase in S.P.S. value considered as new construction. (2.) District is entitled to maximum levy determined by 106% calculation or statutory 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 (1977) tax roll. Omits are assessed and taxed et the rate in effect for the year omitted. (RCW 84.40.080 RCW 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 as omits will be billed based on a prior years rate and distributed as a current years receipt.