File #: 2024-0316    Version: 1
Type: Ordinance Status: Second Reading
File created: 10/1/2024 In control: Budget and Fiscal Management Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: AN ORDINANCE relating to the county property tax levies for collection in 2025, and implementing RCW 84.55.120.
Sponsors: Girmay Zahilay
Indexes: levy, Property Tax
Attachments: 1. 2024-0316 Transmittal Letter, 2. 2024-0316 Fiscal Note, 3. 2024-0316 Legislative Review Form, 4. 2024-0314 & 0316_SR_TaxyLevyCerts

Drafter

Clerk 09/24/2024

title

AN ORDINANCE relating to the county property tax levies for collection in 2025, and implementing RCW 84.55.120.

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                     BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:

                     SECTION 1.  The council is under an obligation by charter to enact revenue measures that support the budget appropriation ordinance by December 1, 2024, for the 2025 budget.  This ordinance sets the amount of property tax to be collected for the regular property tax levy, the transit levy, the road district levy, the conservation futures levy, the emergency medical services levy, marine levy, and the county hospital levy.  In accordance with RCW 84.55.120, the council has given proper notice of this ordinance to the public.

                     SECTION 2.  For collection of the property tax levies in 2025, the council hereby authorizes property tax changes compared to the amounts authorized for collection in 2024 as follows:

 Levy

Estimated Dollar Increase

% Increase

Estimated Total Levy

Regular Levy

-$40,592,521

-4.04406%

$975,019,003

Regular - Transit

$226,016

0.67678%

$34,150,904

Road District

$664,000

0.66254%

$101,968,221

Conservation Futures

$4,084,300

7.91337%

$54,617,241

Emergency Medical Services

$1,282,499

0.68370%

$191,824,563

Marine

$155,377

2.21955%

$7,155,761

County Hospital (New Levy)

N/A

N/A

$74,619,885

The changes shown above are exclusive of any amounts resulting from new construction valued in 2024, any increases in value of state-assessed property, and any amounts necessary to fund tax refunds paid in 2024.

                     SECTION 3.  The council hereby levies an additional property tax under RCW 36.62.090 for county hospital in the amount of $0.085 per one thousand dollars of assessed valuation for the purposes described in the statute.

                     SECTION 4.  Upon enactment, the clerk is directed to forward this ordinance to the assessor in accordance with RCW 84.52.070.