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HomeMy WebLinkAbout4232Ordinance Ro. 4232 (Amending or Repealing Ordinances) CFN = 186 -Budget 12/13/2016 Property Tax Levy for the 2017-2018 Biennial Budget AN ORDINANCE of the City Council of the City of Kent, Washington, levying 2016 property taxes for the 2017-2018 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 20, 2016, and October 18, 2016, to consider the City of Kent's budget for 2017 to address the City's property tax levy to be imposed in 2016 for collection in 2017, 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 458-19-020, taxes shall be levied in specific dollar amounts. 1 Property Tax Levied (1 %) 2017 budget Ordinance NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: 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 City's 2016 budget in the following amount for the General Fund, for the purpose of paying the general expenses of municipal government. Fund General Fund Levy per $1,000 of assessed valuation (estimated) Dollar $1.4086 Amount $23,073,381 This property tax levy represents a 1.0% increase over last year as shown below. 2017 Regular Property Tax Levy $23,073,381 Less 2016 Regular Property Tax Levy (22,657,015) Less New Construction Levy (163,577) Less Refund Levy (26,219) Property Tax Increase $ 226,570 0/0 Change 1.0 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. 2 Property Tax Levied (1 %) 2017 Budget Ordinance the Annual Budget and in doing so may authorize adjustments pursuant to Chapter 35A.34 RCW. SECTION a. - Severability. If any one or more section, subsection, or sentence of this ordinance is 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. SECT%ON 6. - Corrections � Citi 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; ordinance, section, or subsection numbering, or references to other local, state, or federal laws, codes, rules, or regulations. SECTION 7. -Effective Date. This ordinance shall take effect and be in force January 1, 2017, which is more than five days after its publication, as provided by law. ATTEST: m KIMBERLEY �%OMOTO, CITY'CLERK COOKE, MAYOR 3 Property Tax Levied (1 %) 2017 Budget Ordinance APPROVED AS TO FORM: PASSED: J day of December, 2016. APPROVED. day of December, 2016. I hereby certify that this is'a true copy of Ordinance No. passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. P:\CIvII\Ordinance\Taxlevied-2017 Ordinance.Docx KIMBER (SEAL) CLERK 4 Property Tax Levied (1 %) 2017 Budget Ordinance vghffw WVVJMq;yLM Exhibit A ..- eneral Fund Special Revenue Funds Street Operating Fund LEOFFI Retiree Benefits Fund Lodging Tax Fund Youth / Teen Fund Capital Resources Fund Criminal Justice Fund Housing and Community Dev Fund City Arts Program Fund ShoWare Operating Fund ®ebt Service Funds Non -Voted Debt Service Fund Special Assessments Fund Capital Projects Funds Street Capital Projects Fund Parks Capital Projects Fund Other Capital Projects Fund Technology Capital Projects Fund Proprietary Funds Enterprise Funds Water Fund Sewerage Fund Solid Waste Fund Golf Complex Fund Internal Service Funds Fleet Services Fund Central Services Fund Central Stores Information Technology Multimedia Facilities Fund Insurance Fund Unemployment Workers Compensation Health and Employee Wellness Liability Insurance Property Insurance Total Gross Bud Less: Internal Services Transfers Total Net B Governmental Funds General Fund Kent Sister Cities Kent Historical Society Hum Svc Admin Asst -48% to CDBG Move Trails & Gateways to Parks Reduce transfer to Street Fund Remove TBD - increase trf to Streets Sales Tax Shift from CRF Remove Communications Dept Convert Police OT to 2 FTE Meeker Underpass Lighting James St Underpass Lighting Reduce Property Tax Reduce Funding for Parks Capital Special Revenue Funds Street Operating Fund Sidewalk Sweeper Eliminate Parks Street Trees Reduce transfer from General Fund Move Trails & Gateways to Parks and reallocate to Street Trees Remove TBD Increase Trf In from GF Remove Comm -Adjust MM Chgs LEOFFI Retiree Benefits Fund Lodging Tax Fund Remove Comm -Adjust MM Chgs Youth /Teen Fund Capital Resources Fund Sales Tax Shift to GF Increase Funding for Parks Capital Criminal Justice Fund Remove Comm -Adjust MM Chgs Housing and Community Dev Fund Increase CDBG Allocation City Arts Program Fund ShoWare Operating Fund Debt Service Funds Non -Voted Debt Service Fund Special Assessments Fund Capital Projects Funds .Street Capital Projects Fund Remove TBD -Sidewalks on 132nd B&O Street Trees $ to Unallocated 201748 Biennial Buaget Proposed to Council ... Exhibit B 2017mlS Biennial Budget rosswalk of Mayor's Proposed to Council Adopte,"; Exhibit B James St Underpass Lighting Parks Capital Projects Fund Other Capital Projects Fund Meeker Underpass Lighting Technology Capital Projects Fund Proprietary Funds Enterprise Funds Water Fund Remove Comm -Adjust MM Chgs Sewerage Fund Remove Comm -Adjust MM Chgs Solid Waste Fund Remove Comm -Adjust MM Chgs Golf Complex Fund Remove Comm -Adjust MM Chgs Internal Service Funds Fleet Services Fund Remove Comm -Adjust MM Chgs Central Services Fund Central Stores Information Technology Remove Comm -Adjust MM Chgs Multimedia Remove Comm -Adjust MM Chgs Facilities Fund Remove Comm -Adjust MM Chgs Insurance Fund Unemployment Workers Compensation Health and Employee Wellness Liability Insurance Property Insurance ross B Less: Internal Services Transfers et