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HomeMy WebLinkAboutOrd 1491 - 1989 Property Tax Levy V ILA 1906 CITY OF TUKWILA WASHINGTON ORDINANCE NO. 11" 91 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, 1989, 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 1989, and the amounts necessary and available to be raised by ad valorem taxes on real, personal and utility property, and WHEREAS, the area commonly known as McMicken Heights voted to annex to the City of Tukwila in November, 1984, 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 $965,347,842, current taxes for the ensuing year commenc- ing January 1, 1989, in the amount of and at the rates specified below: RATE AMOUNT A. Regular tax levy: 3.010 2,914,688 B. Special tax levy: .152 145,000 (golf course bonds) TOTAL 3.162 3,059,688 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, 1989. B. The Special Tax Levy excludes the property commonly known as McMicken Heights, and more particularly described on Exhibit A attached hereto and incorporated herein by this reference as if set forth in full, current taxes in the form of the special tax levy for payment of the golf course bonds for the ensuing year commencing January 1, 1989. 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 published in the official newspaper of the City, and shall take effect and be in full force five (5) days after the date of publication. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this day of 1988. APPROVED AS TO FORM: ice of the ,City FILED WITH THE CITY CLERK: -,2/- PASSED BY THE CITY COUNCIL: j/,/ E'? PUBLISHED VALLEY DAILY NEWS: ,?S -gt EFFECTIVE DATE: -30 -PS ORDINANCE NUMBER /y/9/ 0 /ORDTAX ATTEST /AUTHENTICATED: 4T47u.■ Maxine Anderson, City Clerk EXHIBIT A That certain property situated in the County of King, State of Washington, described as follows: Beginning at the intersection of the Tukwila City Limits and the south right of -way margin of State Highway 518; thence westerly along said south right -of- way margin of State Highway 518 to the east right -of -way margin of 42nd Ave. South; thence south along said east right -of -way margin of 42nd Ave. South to the south right -of -way margin of South 164th Street; thence east along said south right -of -way margin of South 164th Street to the Tukwila City Limits; thence northerly along said Tukwila City Limits to the south right -of -way margin of State Highway 518 and to the beginning. 1986 Regular Levy 1987 Regular Levy 1988 Regular Levy 1988 Regular Levy Rate TAXING DISTRICT TUKWILA The following calculations are offered as an aid in your determination of the dollar limitation imposed by statute on the 1989 regular property levy for your district. Maximum Cumulative Levy 2,650,571 106% LIMITATION CALCULATION (RCW 84.55.010) 2,650,571 Highest /Maximum prior levy (5) 2,809,605 106% Levy 34,072,889 708,329 34,781,218 2.97869 103,602 2,809,605 103,602 7,532 2,905,675 965,347,842 3.00998 0 3.00998 0 7,532 2,905,675 2,913,207 1,481 2,914,688 STATUTORY LEVY CALCULATION 965,347,842 x 3.60000 3,475,252 7,532 3,482,784 2,914,688 2,225,789 2,421,756 2,650,571 2.97869 Local New Construction State Public Service New Construction (1) Total New Construction 1988 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) 1989 Levy Rate Annexation Assessed Value 1989 Levy Rate Annexation Levy Omitted Assessment Levy (3) Levy Ceiling (Less Annexations Omitted Assessments) Maximum 1989 Levy Based on 106% Limit (2) Refund Fund (4) Maximum 1989 Levy Based on 106% Limit (2) Refund Fund (4) (RCW 84.52.043), Assessed Value (Excluding Omits) Maximum Statutory Rate Maximum 1989 Levy (Excluding Omitted Assessment Levy) Omitted Assessment Levy (3) Maximum 1989 Levy Based on Statutory Levy (2) Maximum 1989 Levy (2) ALL YEARS INDICATED ABOVE ARE THE YEAR THE TAX IS PAYABLE 1988 REGULAR LEVY 2,650,652 Less Refund Fund 81 Effective 1988 Levy(5) 2,650,571 (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 (1989) 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. RUTHE RIDDER KING COUNTY ASSESSOR City of Tukwila 6200 Southcenter Blvd. Seattle, WA 98188 Attention: Maxine Anderson, City Clerk Dear Ms. Anderson: I am enclosing herewith a certificate of the Assessed Valuation of the City of Tukwila for the year 1988. In those taxing districts which have a statutory levy, that levy in 1988, (for collection in 1989), must be set so that the regular property taxes shall not exceed one hundred six percent of the highest regular levy of such district in the three most recent years plus an additional dollar amount calculated by multiplying the increase in assessed value resulting from new construction by the regular property tax levy rate of that district for the preceding year, or, shall not exceed the statutory rate, whichever is least. (RCW's 84.55.010 through 84.55.100). A worksheet showing levy calculations, (based on the 106% limitation and on the statutory rate), will be mailed to each district within a few days. Only those districts which are allowed a statutory levy will receive worksheets. FJV:ss Enclosure 709A King County Admin. Bldg. November 7, 1988 Very Truly Yours, RUTHE RIDDER King Cqunty Assessor S. T. Schreiner, Manager Accounting Division F. J. Van de Putte Accounting Section Supervisor Seattle, Washington 98104 -2384 206.296 -5146 TTY 296 -7889 Ruthe Ridder, Assessor of King County, Washington, do hereby certify that the assessed valuation of all the taxable property situated within the boundaries of City of Tukwila, for the year 1988 is $965,347,842 and is recorded as such in the King County Assessment Roll. This valuation includes $34,781,218 which is the value of New Construction, (RCW 84.55.010), and has been adjusted to exclude $619,920 which is exempt from all property tax (RCW 84.36.381). The above valuation does not include all changes that may be orderer by the King County Board of Equalization, which Board ls no4 n session and will remain in session for an undetermined period of time. Witness my hand this 7th day of November, 1988. Ruthe Ridder King County Assessor RUTHE RIDDER KING COUNTY ASSESSOR City of Tukwila 6200 Southcenter Blvd. Seattle, WA 98188 Attention: Maxine Anderson, City Clerk Dear Ms. Anderson: Attached is the worksheet referred to in our recent certification letter for the City of Tukwila. The calculations are offered as a guide in determinmrg the levy limitation for your district. If you have ary cuestions, please call 296 -5145. FJV:ss Enclosure November 9 1988 Very Truly Yours. RUTHE RIDDER King Cc inty Assessor tia..Fc S. T. Schreiner, Manager Accounting Division F. 'J Van de Putte Accounting Section Supervisor 709A King County Admin. Bldg. Seattle, Washington 98104 -2384 206 296 -5146 TTY 296 -7889 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 part of a formal resolution of the Board of Commissioners. THE KING COUNTY ASSESSOR HAS NOTIFIED THE COMMISSIONERS OF TUKWILA WASHINGTON THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN THE BOUNDARIES OF SAID DISTRICT FOR THE YEAR1988 IS 965,347,842 REGULAR (STgjIITORY) LEVY (AS APPLICABLE): 2,914,688 EXPENSE FUND RESERVE FUND COUPON WARRANT FUND OTHER (SPECIFY) EXCESS (VOTER APPROVED) LEVY: G.O. BOND FUND LEVY S 145,000 SPECIAL LEVIES (INDICATE PURPOSE AND DATE OF ELECTION AT WHICH APPROVED): TOTAL TAXES REQUESTED THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR THE YEAR 1989 AND THEY ARE WITHIN THE MAXIMUMS ESTABLISHED BY LAW. GPI„ i2 ae-b-Le4ed (AUTHORIZED SIGNATURE) 3,059,688