HomeMy WebLinkAbout3584ORDINANCE NO. 3 S 8Ll
AN ORDINANCE of the City Council of the City of
Kent, Washington, levying 2001 property taxes for the 2002
budget for the City of Kent
WHEREAS, pursuant to RCW 84 55 120 and after providing all
appropriate notice, the City Council held a public hearing on September 18, 2001, to
consider the City of Kent's proposed operating and capital budget for the 2002 calendar
year, and held a public hearing on November 20, 2001, to address the City's 2001 property
tax levy, revenues and limit factors, as well as the proposed 2002 budget, and
WHEREAS, pursuant to RCW 84 55 120, any increase in property tax
revenue other than that resulting from the addition of new construction and improvements
to property, annexations and any increase in the value of state -assessed property and the
refund fund levy, requires the adoption of a separate ordinance from the tax levy ordinance
specifically authorizing the increase in terms of both dollars and percentage, and
WHEREAS, concurrently with this ordinance, the City Council is adopting
a separate ordinance to establish an increase in property tax revenue to be levied herem and
collected in year 2002, and
WHEREAS, pursuant to RCW 84 52 010 and WAC 458-12-365, taxes
shall be levied in specific dollar amounts, NOW, THEREFORE,
Property Tax Levied
(Option 1)
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON,
DOES HEREBY ORDAIN AS FOLLOWS
SECTION]. Recitals Incomorated The foregoing recitals are
as if fully set forth herein
SECTION2. Le There is hereby levied against the assessed value of
the property in the City of Kent, Washington, a tax for the City's 2002 budget in the
following amounts for the following funds
A For the General Fund, for the purpose of paying the general expenses of municipal
government
Levy per $1,000 of
assessed valuation
Fund (estimated) Amount
General Fund 27211 $20,632,135
B For Voted Bond Interest and Redemption Fund, for the purpose of paying debt
service in the following amounts for the following funds
Levy per $1,000 of
assessed valuation
Fund (estimated) Amount
General Obligation Refunding .2341 $ 1,775,000
(Public Safety and Senior Housing)
C Total General Fund and Voted Bond Interest and Redemption Fund
Levy per $1,000 of
assessed valuation
(estimated) Amount
TOTAL LEVY 29552 $22,407,135
2 Property Tax Levied
(Option 1)
SECTION 3. Limitation on Lew The application of the general fund levy
be consistent with and not result in a tax revenue in excess of the limitation unposed
RCW 84 55,010 and State Referendum 47, as passed by the voters in the November
1997 General Electron and Initiative 747 as passed by the voters in the November 2001
General Electron
SECTION 4. Adjustments Administration shall administer the Annual
Budget and in doing so may authorize adjustments pursuant to RCW 35A 33 120
SECTION 5. - Severabrlrty If any one or more sections, subsections, or
sentences of this Ordinance are held to be unconstitutional or invalid, such decision shall
not affect the validity of the remaining portion of this Ordinance and the same shall remain
in full force and effect
SECTION 6. - 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
ATTEST:
iRENDA JACOBER,
APPROVED AS TO FORM
A LUBOVICH,
Property Tax Levied
(Option 1)
PASSED day of -a-ek- `Pu 2001.
APPROVED- day of I- L� Ctrr� 2001
PUBLISHED. 5 day of 2001
I hereby certify that this is a true copy of Ordinance No 35 , 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 Tmho,mmmu\T�w�-zaox-UtYe OpWnl &c
EAL)
BRENDA JACOBE , CITY CLERK
4 Property Tax Levied
(Option 1)