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HomeMy WebLinkAboutOrd 0895 - 1975 Property Tax LevyFOLLOWS ORDINANCE NO Auditor on f�� /9" CITY OF TUKWILA WASHINGTON AN ORDINANCE FIXING THE AMOUNT OF TAX LEVIES NECESSARY TO RAISE FUNDS TO MEET THE ESTI- MATED EXPENDITURES FOR THE YEAR 1975 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 VALUATION 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 $782,011 26 for the calendar year 1975 and said amount of tax levy is necessary to be levied upon the real and personal prop- erty subject to taxation in the City of Tukwila for the purpose of raising the necessary revenues for said City for the calendar year 19 75 to wit Total Assessed Valuation $217,225,350 00 General Levy, All Funds $3 60 per $1,000 00 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 proves to be in error and in such event the amended certified ordinance will be adopted and re -filed with the County 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, 1975, and ending December 31, 1975; 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 appropria- tions of the City of Tukwila for the fiscal year 1975 shall be so appropriated and so finally itemized and classified in the annual budget for the fiscal year 1975 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 Asessor'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, And approved by the Mayor at a regular meeting thereof this /%t day of C!&22/41/4 1974. Approved as to Form: i £4 i City Attorney 7/ Published: A/? .,`G ?zc_ /e. J) L.. i Attest: /City C}krk -2- 3EaArcoe: May dr %ic/74/