File #: 2017-0435    Version:
Type: Ordinance Status: Passed
File created: 11/6/2017 In control: Budget and Fiscal Management Committee
On agenda: Final action: 1/22/2018
Enactment date: Enactment #: 18644
Title: AN ORDINANCE relating to the 2017 levy of property taxes in King County for collection in the year 2018; and amending Ordinance 18634, Section 1, Ordinance 18634, Section 2, Ordinance 18634, Section 3, and Ordinance 18634, Section 4.
Sponsors: Dave Upthegrove
Indexes: levy, Property Tax
Attachments: 1. Ordinance 18644.pdf, 2. 2017-0435 legislative review form, 3. 2017-0435 transmittal letter, 4. 2017-0435 Fiscal Note, 5. 2017-0433,0434,0435 2018 Property Taxes_SR_hamacher.docx, 6. 18644 Amendment Package 1-22-18.pdf
Staff: Hamacher, Patrick
title
AN ORDINANCE relating to the 2017 levy of property taxes in King County for collection in the year 2018; and amending Ordinance 18634, Section 1, Ordinance 18634, Section 2, Ordinance 18634, Section 3, and Ordinance 18634, Section 4.
body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Ordinance 18634, Section 1, is hereby amended to read as follows:
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 $((532,856,899,490)) 532,657,126,307.
SECTION 2. Ordinance 18634, Section 2, is hereby amended to read as follows:
The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2018 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 $((357,785,034)) 358,276,382
HUMAN SERVICES FUND/MENTAL HEALTH $6,762,538
VETERANS' AID $3,013,234
INTER-COUNTY RIVER IMPROVEMENT $50,000
AFIS $22,120,820
VETERANS, SENIORS AND HUMAN
SERVICES $((53,228,281)) 53,265,713
PARKS $74,256,788
CHILDREN AND FAMILY JUSTICE CENTER $25,054,704
PUGET SOUND EMERGENCY RADIO NETWORK $31,588,828
BEST STARTS FOR KIDS $65,652,750
UNLIMITED G.O. BONDS $17,300,000
CONSERVATION FUTURES $((20,055,903)) 20,072,804
EMERGENCY MEDICAL SERVICES $((127,381,803)) 127,489,160
TRANSIT $23,641,990
MARINE...

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