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AN ORDINANCE relating to the 2015 levy of property taxes in King County for collection in the year 2016.
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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 $423,509,867,430.
SECTION 2. The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2016 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 $336,662,420
HUMAN SERVICES FUND/MENTAL HEALTH $6,366,874
VETERANS AND HUMAN SERVICES $17,918,894
VETERANS' AID $2,836,874
INTER-COUNTY RIVER IMPROVEMENT $50,000
AFIS $20,234,950
UNLIMITED G.O. BONDS $16,820,000
CONSERVATION FUTURES $18,887,515
EMERGENCY MEDICAL SERVICES $119,948,265
PARKS $67,925,490
TRANSIT $26,966,199
CHILDREN AND FAMILY JUSTICE CENTER $23,821,948
FERRY DISTRICT $1,183,252
PUGET SOUND EMERGENCY RADIO NETWORK $29,590,779
BEST STARTS FOR KIDS $59,181,558
TOTAL COUNTY $748,395,018
SECTION 3. A. The metropolitan King County council imposes the levy necessary to fund estimated expenditures for the year 2016 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...
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