HomeMy WebLinkAbout4059 Ordinance No . 4059
(Amending or Repealing Ordinances)
CFN= 104 - Finance
Passed - 12/11/2012
Property Tax Levied (1%) 2013-2014 Biennial Budget
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The date rBeginning July 1, 1998"] has led to confusion This date will be deleted from cover sheets of
ordinance/resolution revision pages. This cover sheet will be deleted on electronic pages only, no other
deletions or changes have been made to the document—6/21/2012
ORDINANCE NO. L1057
AN ORDINANCE of the City Council of the
City of Kent, Washington, levying property taxes
for the first year of the 2013 - 2014 biennial
budget for the City of Kent.
RECITALS
A. Pursuant to RCW 84.55.120 and after providing all
appropriate notice, the City Council held public hearings on September 18,
2012, and October 16, 2012, to consider the City of Kent's proposed
operating and capital biennial budget for the 2013 -2014 calendar years,
to address the City's property tax levy to be imposed in 2012 for collection
in 2013, and to review revenues and limit factors.
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 specifically authorizing the
increase in terms of both dollars and percentage.
C. Pursuant to RCW 84.52.010 and WAC 458-12-365, taxes
shall be levied in specific dollar amounts.
1 Property Tax Levied (1%)
2013 - 2014 Biennia/Budget
Ordinance
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. - Property Tax Levied. There is hereby levied against
the assessed value of the property in the City of Kent, Washington, a tax
for the first year of the City's 2013 - 2014 biennial budget in the following
amount for the General Fund, for the purpose of paying the general
expenses of municipal government:
Levy per $1,000 of
assessed valuation
Fund (estimated) Dollar Amount
General Fund $1.6935 $20,247,518
This property tax levy represents a 1% increase over last year as shown
below.
2012 Regular Property Tax Levy $201247,518
Less 2011 Regular Property Tax Levy (19,892,138)
Less New Construction Levy (104,935)
Less Annexation Levy
Less Refund Levy (51,524)
Plus Banked Capacity
Property Tax Increase $ 198,921
% Change 1.0%
2 Property Tax Levied(1%)
2013 - 2014 Biennial Budget
Ordinance
SECTION 3. - Limitation on Levy. The application of the General
Fund levy shall be consistent with and shall not result in a tax revenue in
excess of the limitation imposed by RCW sections 84.55.010 and
84.55,0101.
SECTION 4. - Adjustments. City administration shall administer
the Annual Budget and in doing so may authorize adjustments pursuant to
RCW 35A.34, RCW.
SECTION 5. - 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. - Corrections by City Clerk or Code Reviser. Upon
approval of the City Attorney, the City Clerk and the code reviser are
authorized to make necessary corrections to this ordinance, including the
correction of clerical errors; references to other local, state or federal laws,
codes, rules, or regulations; or ordinance numbering and
section/subsection numbering.
SECTION 7. - Effective Date. This ordinance shall take effect and
be in force January 1, 2013, which is more than five (5) days from and
after its passage and publication, as provided by law.
J;UZE COOKE, MAYOR
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BRENDA JACOBER, ITY CLERK
3 Property Tax Levied(1%)
2013 - 2014 Biennial Budget
Ordinance
APPROVED AS TO FORM:
TOR BRUBAKER, CITY ATTORNEY
PASSED: day of December, 2012.
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APPROVED: (1_ day of December, 2012.
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PUBLISHED: day of December, 2012.
I hereby certify that this is a true copy of Ordinance No. TOE
passed by the City Council of the City of Kent, Washington, and approved
by the Mayor of the City of Kent as hereon indicated.
_(SEAL)
BRENDA J ER, CITY CLERK
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4 Property Tax Levied(1%)
2013 - 2014 Biennia/Budget
Ordinance