HomeMy WebLinkAbout3631ORDINANCE NO. 31,31
AN ORDINANCE of the city council of the city of
Kent, Washington, levying 2002 property taxes for the 2003
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 17, 2002, to
consider the city of Kent's proposed operating and capital budget for the 2003 calendar
year, and held a public hearing on November 19, 2002, to address the city's 2002 property
tax levy, revenues, and limit factors, as well as the proposed 2003 budget, and
WHEREAS, pursuant to RCW 84.55.120, any increase in property tax
other than that resulting from the addition of new construction and improvements
property, annexations, and any increase in the value of state -assessed property and the
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 herein and
in year 2003; 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
2003 Budget
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON,
DOES HEREBY ORDAIN AS FOLLOWS.
SECTION 1. - Recitals Incorporated The foregoing recitals
incorporated as if fully set forth herein
SECTION 2. — Property Tax Levied. There is hereby levied against the
assessed value of the property in the city of Kent, Washington, a tax for the City's 2003
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 26547 $21,704,266
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 .2171 $1,775,000
(Pubhc Safety and Semor Housmg)
Total General Fund and Voted Bond Interest and Redemption Fund
Levy per $1,000 of
assessed valuation
(estimated) Amount
TOTAL LEVY 28718 $23,479,266
2 Property Tax Levied
2003 Budget
SECTION 3. -Limitation on Levy The application of the General
levy shall be consistent with and not result in a tax revenue in excess of the
imposed by RCW 84.55 010
SECTION 4. - Adiustments City administration shall administer
Annual Budget and in doing so may authorize adjustments pursuant to RCW 35A 33 120
SECTION S. - Severability If any one or more sections, subsections,
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
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
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3 Property Tax Levied
2003 Budget
PASSED- /0 day of December, 2002
APPROVED- / 0 day of December, 2002
PUBLISHED. Iq day of December, 2002
I hereby certify that this is a true copy of Ordinance No 34 3 /
by the city council of the city of Kent, Washington, and approved by the mayor of the
of Kent as hereon indicated
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BRENDA JACOBE , CITY CLERK
4 Property Tax Levied
2003 Budget