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HomeMy WebLinkAbout2448ORDINANCE NO. _-! L� AN ORDINANCE of the City of Kent, Washington, fixing the tax levy therein for the year 1984. THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO HEREBY ORDAIN AS FOLLOWS: Section 1. Levy. There shall be and there is hereby levied against the property in the City of Kent, Washington, a municipal tax for the year 1984 for the purpose and in the sums following, to wit: Levy per $1,000 of Fund assessed valuation Amount For the General Fund, for the purpose of paying the general expenses of municipal government: General Fund 2.38344 $4,188,912 For Voted Bond Interest and Redemption Fund, for the purpose of paying debt service on the following projects: City Hall .05128 89,632 Fire Apparatus .02577 45,039 .07705 134,671 For Local Improvement District Guaranty Fund, for the purpose of establishing a legal reserve: LID Guaranty Fund .10000 174,801 TOTAL ALL FUNDS 2.56049 $4,498.384 PROVIDED: that the application of the general fund levy shall be consistent with and not result in a tax revenue in excess of the limitation imposed by RCW 84.55.010. i Section 2. Effective Date. This ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. I ABEL HOGAN, MAY014i (ATTEST: MARIE JE, CITY CLERK APPROVED AS TO FORM: P. STEP EN DiJULIO, CITY ATTORNEY PASSED the day of ' %` �= , 1983. �` 1983. APPROVED the �, day of r PUBLISHED the day of % , 1983. I hereby certify that this is a true copy of Ordinance passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereof indicated. 3445-91A �MAR (SEAL) �EJ EN, CITY CLERK -2- TAX LEVY ORDINANCE FACT SHEET 04266-79A 1984 1,748,007,751 38,164,536 2.38344 4,188,912 134,671 (.07704) 174,801 (.10000) Increase/Decrease (284,748,049) (14.0%) 44,077,657 (53.6%) .4379 25.1% 296,444 1983 Assessed Valuation 2,032,755,800 Includes (14.4%) New Construction of 82,242,193 Levy Rate 1.90455 Levies General Fund 3,892,468 Debt Service 108,213 (.05295) LID Guaranty 204,377 (.10000) 04266-79A 1984 1,748,007,751 38,164,536 2.38344 4,188,912 134,671 (.07704) 174,801 (.10000) Increase/Decrease (284,748,049) (14.0%) 44,077,657 (53.6%) .4379 25.1% 296,444 7.6% 26,458 24.4% 29,576 (14.4%) 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 fry L1r7 Of THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN THE BOUNDARIES OF SAID DISTRICT FOR THE YEAR 1983 IS $ 1,14$, 00 itl -� I _ REGULAR (STATUTORY) LEVY (AS APPLICABLE): EXPENSE FUND , , , , , , , , , , , , , RESERVE FUND , , , , , , , , , , , . COUPON WARRANT FUND , , , , , , , , OTHER (SPECIFY) LID Lr+aikjn Kj�jO , $ 004iz.S2 $ 1U, S01.00 EXCESS (VOTER APPROVED) LEVY: G , 0 , BOND FUND LEVY , , , , , , , , , . , $ 134,10 11. 00 SPECIAL LEVIES (INDICATE PURPOSE AND DATE OF ELECTION AT WHICH APPROVED): TOTAL TAXES REQUESTED , , , , , , , , . , , , $ 414 96, 3 9 4. 5 1 - THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR THE YEAR 1984 AND THEY ARE WITHIN THE MAXIMUMS ESTABLISHED BY LAW, (AUTHORIZED SIGNATURE)