File #: 2024-0324    Version: 1
Type: Ordinance Status: In Committee
File created: 9/1/2024 In control: Budget and Fiscal Management Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: AN ORDINANCE relating to the 2024 levy of property taxes in King County for collection in the year 2025.
Sponsors: Girmay Zahilay
Indexes: levy, Taxes
Attachments: 1. 2024-0324 transmittal letter, 2. 2024-0324 Fiscal Note, 3. 2024-0324 Legislative Review Form
Drafter
Clerk 09/24/2024
title
AN ORDINANCE relating to the 2024 levy of property taxes in King County for collection in the year 2025.
body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. The county assessor of King County has certified to the King County council that the assessed valuation of the County of King as finally equalized amounts to $.
SECTION 2. The King County council imposes the levies necessary to fund estimated expenditures for the year 2025 as listed in this section. These amounts do not include the total of estimated revenues from sources other than taxation, including available surplus and such expenditures as are to be net from bond warrant issues. In accordance with state law, the King County assessor calculated a sum for property taxes available to the county related to new construction, improvements to property, refunds, and any increase in the assessed value of state assessed property. In calculating the amount of regular property tax moneys needed, the council was cognizant of these sums, and they are therefore included in the following levy totals.
FUND TAX
COUNTY
CURRENT EXPENSE $
HUMAN SERVICES FUND/MENTAL HEALTH $
VETERANS' AID $
VETERANS, SENIORS AND HUMAN SERVICES $
PARKS $
BEST STARTS FOR KIDS $
CRISIS CARE CENTERS $
UNLIMITED G.O. BONDS $
CONSERVATION FUTURES $
EMERGENCY MEDICAL SERVICES $
TRANSIT $
MARINE $
COUNTY HOSPITAL $
TOTAL COUNTY $
SECTION 3. A. The King County council imposes the levy necessary to fund estimated expenditures for the year 2025 as listed in this section. This amount does not include the total of estimated revenues from sources other than taxation, including available surplus and such expenditures as are to be net from bond warrant issues. In accordance with state law, the King County assessor calculated a sum for property taxes available to the county related to new construction, improvements to property, refunds, and any increase in the assessed value of sta...

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