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HomeMy WebLinkAbout3583ORDINANCE NO. 3593 AN ORDINANCE of the City Council of the City of Kent, Washington, authorizing the 2001 property tax levy for the 2002 budget at the previous year's tax levy, plus an increase within the statutory allowable amount, in addition to increases resulting from the addition of new construction and improvements to property, and any increase in the value of state -assessed property, the refund fund levy, and annexed properties 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 WHEREAS, the City Council finds that to best protect the public health, safety and welfare, to best protect the City's future property tax levy capacity, to best serve the citizens of Kent by maintaining an appropriate level of service throughout the City, to Tax Levy Increase Authorized (Option 1) appropriately discharge the City's expected expenses and obligations, and to best serve the citizens of Kent through a continued commitment to capital improvements throughout the City, a substantial need exists to increase its tax levy over last year, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES ORDAIN AS FOLLOWS SECTION 1. Recitals hicorporated The City Council finds that the foregoing recitals are incorporated as if fully set forth herein SECTION 2. Property Tax Levy Authorized In addition to the increase resulting from the addition of new construction and improvements to property, annexations and any increase in the value of state -assessed property, the refund fund levy, the 2001 regular property tax dollar levy for the 2002 budget is authorized at the previous year's property tax levy, plus $197,644, representing 10% SECTION3. Severabilit If any one or more sections, subsections, of 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 4. 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 2 Tax Levy Increase Authorized (Option 1) TTEST JACOBER, OLTY CLERK APPROVED AS TO FORM CITY ATTORNEY PASSED 1 day of /��C. U r,,.�er�/ , 2001 APPROVED I day of '2001 PUBLISHED /5— day of , 2001 I hereby certify that this is a true copy of Ordinance No 3 59'3, 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 \Om Ordinance\TazLcr lncreue2sl bhsh& 2002-0ptionl doc 0. �'o-"�'��AL) BRENDA JACOBER, ITY CLERK Tar Levy Increase Authorized (Option 1)