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HomeMy WebLinkAbout3383ORDINANCE NO. 3 3 F�3 AN ORDINANCE of the City Council of the City of Kent, Washington, authorizing a 1.9 percent increase in the property tax levy for 1998 according to the implicit price deflator established pursuant to State Referendum 47. WHEREAS, pursuant to RCW 84.55.120 and after providing all appropriate notice, the City Council held a public hearing on November 4, 1997, to consider the City of Kent's current expense budget for the 1998 calendar year; and WHEREAS, after this hearing and after duly considering all relevant evidence and testimony presented, the City Council determined that the City of Kent requires an increase in property tax revenue from the previous year's revenues, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of state -assessed property, in order to discharge the expected expenses and obligations of the City and in order to protect the best interests of the citizenry; and WHEREAS, to best preserve the public health, safety and welfare and in order to best serve the citizens of Kent through a continued commitment to capital improvements projects throughout the City, an increase in the regular property tax levy, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of state -assessed property, should be authorized to one hundred percent (100%) plus the percentage change in inflation as measured by the implicit price deflator for personal consumption, which for 1998 taxes will be a 1.9 percent increase from the previous year's property tax levy, calculated to be $275,291. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT DOES HEREBY ORDAIN AS FOLLOWS: Section 1. To best preserve the public health, safety and welfare and in order to best serve the citizens of Kent through a continued commitment to capital improvements projects throughout the City, an increase in the regular property tax levy, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of state -assessed property, should be authorized to one hundred percent (100%) plus the percentage change in inflation as measured by the implicit price deflator for personal consumption, which for 1998 taxes will be a 1.9 percent increase from the previous year's property tax levy, calculated to be $275,291. Section 2. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. Section 3. Effective Date. This ordinance shall take effect and be in force five (5) days from and after the date of publication of this ordinance. 2 ATTEST: BRENDA JACOBER, CITY ¢LERK APPROVED AS TO FORM: ROG R A. L BOVICH, CITY A PASSED: day of 'L- 1997. APPROVED: day of Z 1997. PUBLISHED: L day of Z16221&A 1997. I hereby certify that this is a true copy of Ordinance No. 33V3, passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. P:\LA W\0RDINANC\TAXINC98.0RD (SEAL) BRENDA JACO R, ITY CLERK 3