HomeMy WebLinkAbout3774Ordinance No. 3774
(Amending or Repealing Ordinances)
CFN=104 - Finance
Passed - 12/13/2005
Property Tax Levied (1%) 2006 Budget
ORDINANCE NO. 3774
AN ORDINANCE of the city council of the city of
Kent, Washington, levying 2005 property taxes for the 2006
budget for the city of Kent.
RECITALS
A. Pursuant to RCW 84.55.120 and after providing all appropriate notice, the
City Council held a public hearing on September 20, 2005, to consider the city of Kent's
1proposed operating and capital budget for the 2006 calendar year, and held a public
shearing on November 15, 2005, to address the city's 2005 property tax levy, revenues,
limit factors, as well as the proposed 2006 budget.
B. In accordance with 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.
C. By separate ordinance, the city council has adopted an ordinance to
establish a one (1) percent increase in property tax revenue to be levied and collected in
year 2006.
D. Pursuant to RCW 84.52.010 and WAC 458-12-365, taxes shall be levied in
specific dollar amounts.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON,
DOES HEREBY ORDAIN AS FOLLOWS:
1 Property Tax Levied (1 %)
2006 Budget
ORDINANCE
SECTION I,—Recita/slncorporated. The foregoing recitals are incorporated
Ithis ordinance.
SECTION 2. — Properly Tax Levied. There is hereby levied against the assessed
of the property in the city of Kent, Washington, a tax for the city's 2006 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 DollarAmount
Fund (estimated) (estimated)
General Fund $2.6320 $24,615,938
'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 DollarAmount
Fund (estimated) (estimated)
General Obligation Refunding $0.1909 $1,785,000
(Public Safety and Senior Housing)
Total General Fund and Voted Bond Interest and Redemption Fund:
Levy per $1,000 of
assessed valuation DollarAmount
(estimated) (estimated)
TOTAL LEVY $2.8229 $26,400,938
SECTION 3, -Limitation on Le v► The application of the General Fund levy shall
consistent with and shall not result in a tax revenue in excess of the limitation imposed
RCW 84.55.010.
SECTION 4, - Adiustments. City administration shall administer the Annual
and in doing so may authorize adjustments pursuant to RCW 35A.33.120.
2 Property Tax Levied (1 %)
2006 Budget
SECTIONS. - Severability 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:
BRENDA ]ACOBER, CITY CLERK
APPROVED AS TO FORM:
k1 ,L,
T M BRUBAKER, CITY ATTORNEY
WHITE, MAYOR
3 Property Tax Levied (1 %)
2006 Budget
PASSED: /; day of December, 2005.
APPROVED:� day of December, 2005.
PUBLISHED: —7 day of December, 2005.
I hereby certify that this is a true copy of Ordinance No..3 77q passed by the
council of the city of Kent, Washington, and approved by the mayor of the city of Kent
las hereon indicated.
P 1a+�reLLeNeaM'.
�eh(SEAL)
BRENDA JACOBER, CLERK
4 Property Tax Levied (1 %)
2006 Budget