HomeMy WebLinkAbout3773Ordinance No. 3773
(Amending or Repealing Ordinances)
CFN=104 - Finance
Passed - 12/13/2005
Tax Levy Adjustment Authorized (1%) 2005 Budget
ORDINANCE NO. 377
AN ORDINANCE of the city council of the city of
Kent, Washington, authorizing the 2005 property tax levy for
the 2006 budget at the previous year's tax levy, with a
statutorily allowed one (1) percent increase to partially cover
impacts from inflation, together with any increases resulting
from the addition of new construction and improvements to
property, from any increase in the value of state -assessed
property, from the refund fund levy, and from annexed
properties.
RECITALS
A. Pursuant to RCW 84.55.120 and after providing all appropriate notice, the
council held a public hearing on September 20, 2005, to consider the city of Kent's
operating and capital budget for the 2006 calendar year, and held a public
ring on November 15, 2005, to address the city's 2005 property tax levy, revenues,
nd limit factors, as well as the proposed 2006 budget.
B. In accordance with RCW 84.55.120, any increase in property tax revenue
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
rdinance specifically authorizing the increase in terms of both dollars and percentage.
C. The city council finds that to best protect the public health, safety, and
elfare, to best protect the city's future property tax levy capacity, to best serve the
itizens of Kent by maintaining an appropriate level of service throughout the city, to
1 Tax Levy Adjustment
Authorized (1 %) - 2005 Budget
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 HEREBY ORDAIN AS FOLLOWS:
ORDINANCE
SECTION 1, - Recitals Incorporated. The foregoing recitals are incorporated into
this ordinance.
SECTION 2,-SMpertyTax Le!TAuthonzed. In addition to the increase resulting
-rom new construction and improvements to property, from annexations, from any
ncrease in the value of state -assessed property, and from the refund fund levy, the 2005
•egular property tax dollar levy for the 2006 budget is authorized at the previous year's
property tax levy, plus a one (1) percent increase, representing $240,155.
SEC77ON3. - Severability If any one or more sections, subsections, or sentences
this ordinance are held to be unconstitutional or invalid, such decision shall not affect
validity of the remaining portion of this ordinance and the same shall remain in full
ce and effect.
SECTION4, - Effective Date. This ordinance shall take effect and be in force five
days from and after its passage, approval, and publication as pro d by law.
JJiM WHITE, MAYOR V
ATTEST:
2L- � •aCGo--rir/�/ • -
RENDA JACOBER, C LERK
2 Tax Levy Adjustment
Authorized (1 %) - 2005 Budget
APPROVED AS TO FORM:
'LLA pxk1.e�
TOM BRU AKER, CITY ATTORNEY
PASSED: /-3 day of December, 2005.
APPROVED: � day of December, 2005.
PUBLISHED: ,Z�l _ day of December, 2005.
I hereby certify that this is a true copy of Ordinance No. 3 773 passed
by the city council of the city of Kent, Washington, and approved by the mayor of the city
of Kent as hereon indicated.
AG�-GT/Li (SEAL)
BRENDA JACOBER, CLERK
3 Tax Levy Adjustment
Authorized (1 %) - 2005 Budget