File #: 2008-0589    Version:
Type: Ordinance Status: Passed
File created: 10/20/2008 In control: Budget Review and Adoption Committee
On agenda: Final action: 12/15/2008
Enactment date: 12/23/2008 Enactment #: 16338
Title: AN ORDINANCE relating to the 2008 levy of property taxes in King County for collection in the year 2009.
Sponsors: Larry Phillips
Indexes: levy, Taxes
Attachments: 1. 16338.pdf, 2. 2008-0589 Staff Report Property tax levy 2009 11-12-08 wdn.doc, 3. REVISED Staff Report
Drafter
Clerk 12/16/2008
title
AN ORDINANCE relating to the 2008 levy of property taxes in King County for collection in the year 2009.
body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. The county assessor of King County has certified to the metropolitan King County council that the assessed valuation of the County of King as finally equalized amounts to $385,223,145,074.
SECTION 2. The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2009 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 monies needed, the council was cognizant of these sums and they are therefore included in the following levy totals.
FUND TAX
COUNTY
CURRENT EXPENSE $268,513,268
HUMAN SERVICES FUND/MENTAL HEALTH $5,508,537
VETERANS AND HUMAN SERVICES $14,852,595
VETERANS' AID $2,478,841
INTER-COUNTY RIVER IMPROVEMENT $50,000
BOND REDEMPTION - LIMITED $21,809,903
AFIS $17,335,042
UNLIMITED G.O. BONDS $38,500,000
CONSERVATION FUTURES $16,358,612
EMERGENCY MEDICAL SERVICES $101,838,056
PARKS $18,296,986
PARKS EXPANSION $18,296,986
TOTAL COUNTY $523,838,826
UNINCORPORATED COUNTY - ROADS $83,455,905
SECTION 3. The metropolitan King County council certifies the levies of the following taxing districts:
PORT OF SEATTLE $75,899,369
ALGONA $614,739
AUBURN (King County portion only) $11,694,713
BEAUX ARTS VILLAGE $138,142
BELLEVUE $35,250,219
BLACK DIAMOND $978,136
BOTHELL (King County portion only) $4,472,805
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