HomeMy WebLinkAbout3823Ordinance No. 3823
(Amending or Repealing Ordinances)
CFN=104 — Finance
Passed — 12/12/2006
Tax Levy Adjustment Authorized (1%) - 2007 Budget
ORDINANCE NO. 3La3
AN ORDINANCE of the city council of the city of
Kent, Washington, authorizing the 2006 property tax levy
for the 2007 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 city council held a public hearing on September 19, 2006, to consider the city of
Kent's proposed operating and capital budget for the 2007 calendar year, and held a
public hearing on November 21, 2006, to address the city's 2006 property tax levy,
revenues, and limit factors, as well as the proposed 2007 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. 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
appropriately discharge the city's expected expenses and obligations, and to best
serve the citizens of Kent through a continued commitment to capital improvements
1 Tax Levy Adjustment
Authorized (1 %) - 2007 Budget
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. - Prooerty Tax Levy Authonzed. In addition to the increase
resulting from new construction and improvements to property, from annexations,
from any increase in the value of state -assessed property, and from the refund fund
levy, the 2006 regular property tax dollar levy for the 2007 budget is authorized at
the previous year's property tax levy, plus a one (1) percent increase, representing
$243,798.
SECTION 3. - SeyerabllltV. 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.
SECTION4. - 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.
SUZ TT COOKE, MAYOR
ATTEST: _
-
RENDA JACOBER, CITY C RK
2 Tax Levy Adjustment
Authorized (1 %) - 2007 Budget
APPROVED AS TO FORM:
V W ` ftt[
TOM RUBAK R, CITY ATTORNEY
PASSED: /o` day of December, 2006.
APPROVED: �aZ day of December, 2006.
PUBLISHED: 16— day of December, 2006.
I hereby certify that this is a true copy of Ordinance No.3ea3 passed bythe
city council of the city of Kent, Washington, and approved by the mayor of the city of
Kent as hereon indicated.
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BRENDA JACOBER, CLERK
3 Tax Levy Adjustment
Authorized (1%) - 2007 Budget