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HomeMy WebLinkAboutOrd 0741 - 1973 Property Tax Levy 0.41;\: CITY of TUK WASHINGTON ORDINANCE NO. 741 AN ORDINANCE TO FIX THE AMOUNT OF THE AD VALOREM TAX LEVIES NECESSARY TO RAISE THE AMOUNT OF THE ESTIMATED EXPENDITURES, LESS THE ESTIMATED REVENUES FROM SOURCES OTHER THAN AD VALOREM TAXATION, FOR THE GENERAL FUND OF THE CITY OF TUKWILA FOR THE FISCAL YEAR 1973; TO LEVY THE ANNUAL AD VALOREM TAXES OF THE CITY OF TUKWILA FOR THE FISCAL YEAR 1973 AND APPROPRIATING SAME TO CERTAIN FUNDS FOR CERTAIN PURPOSES. THE CITY COUNCIL OF THE CITY OF TUKWILA, WASH- INGTON DO ORDAIN AS FOLLOWS: Section 1. That the annual amount of ad valorem tax levies of the City of Tukwila for the fiscal year 1973 necessary to raise the amount of estimated expenditures, be and the same are hereby levied upon real and personal property subject to taxation in said city in all assessment districts thereof and upon each dollar of taxable value as follows, to wit: In all assessment districts for the payment of: Assessed valuation $89,641,138.00 Current Fund $491,576.00 5.4838 mills Park Fund 49,177.00 .5486 mills Street Fund 170,000.00 1.8964 mills L.I. Guarantee Fund 5,000.00 .0558 mills City Property Assmt. 1,376.00 .0154 mills and Redmpt. Fund Total 8.0000 mills Section 2. That said taxes herein provided for are levied for the purpose of raising revenue sufficient for a portion of the General Fund and for the operation of the different departments of the municipal government of the City of Tukwila for the fiscal year beginning January 1, 1973 and ending December 31, 1973; and are hereby levied upon all the real and personal property as shown by the assessment in the County of King as finally fixed by the County and State Boards of Equalization, and as extended upon the books of the County Assessor showing the property within said City subject to taxation for municipal purposed and upon the amount of said real and personal property as certified by the County Assessor, which certificate was heretofore received by the City of Tukwila, all pursuant to and under and by virtue of the laws of the State of Washington. PASSED BY The City Council of the City of Tukwila, Washington and approved by the Mayor this 6th day of November, 1972. Approved .s to Form: F-1:4 6' City Attorney Published: //f/lk)f ./i/ne 7 /0t Mayor Attest: City Clerk November 6, Reid Johanson, President Members of the Council I herewith, in :accordance with RCW 35:24:210 and the power to veto authorized there in, VETO the Ordinance which you have passed here tonight, setting the 1973 ad valorem millage rate of assessment at 8 mills. I submit the following objections to the 8 mill levy. 1. The six (6) mill levy will provide the same service as would the eight (8) mill levy. 2. If you do in fact adopt the eight (8) mill levy, you are unnecessarily placing a burden on those least able to pay. 3. If you adopt the 8 mill levy, you will be placing curtailment of investments in our commercial and industrial areas that reduced millage rates would encourage. 4. The credibility of the Council being able to make rational decision having to do with fiscal management (of the taxpayers money) would be severly eroded. 5. The above (4) would result in the possibility of delay, of at least 5 years, in the construction of a municipal services center. 6. Any other request (s) to the voters of Tukwila to underwrite a voted bond issue, would surely fail. It is the duty and obligation of every elected official, to operate the governmental function as responsibly and responsively as possible, and to provide the best possible service to the City. You must recognize that the six (6) mill levy will provide these services. Please also note that the six mill proposal provides all the extra benefits at a total budget cost of Less than the total 1972 budget that this administration inherited. I very strongly believe that our taxpayers should not be taxed so that the City can continue in the savings business using excessively assessed millages. Respectfully submitted, FT /dm Frank Todd, Mayor, City of Tukwila r