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HomeMy WebLinkAboutOrd 0947 - 1976 Property Tax Levy Ilw 411 e CITY OF TU K WILA WASHINGTON 7 ORDINANCE NO. 947 ORDINANCE FIXING THE AMOUNT OF TAX LEVIES NECESSARY TO RAISE FUNDS TO MEET THE ESTIMATED EXPENDITURES FOR THE YEAR 1976 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 FOLLOWS: 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 866,015.59 for the calendar year 1976 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 1976, to wit: Total Assessed Valuation 246,401,911.00 General Levy, All Funds 3.515 per $1,000 of true value Special Levy Excess None Millage The above certified tax levy may be subject to change or amendment if assessed valuation as certified by King County Auditor on October 8, 1975 proves to be in error and in such event the amended certified ordinance will be adopted and re -filed with the City Council. -1- 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, 1976, and ending December 31, 1976; 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 1976 shall be so appro- priated and so finally itemized and classified in the annual budget for the fiscal year 1976 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 6/Ark day of 1975. Approved as to Form: Cit. Attorney Published: c'C c6,e, iic /CI6 Attest./- Mayor, City 9rk