File #: 2007-0561    Version:
Type: Ordinance Status: Passed
File created: 10/22/2007 In control: Operating Budget, Fiscal Management and Mental Health Committee
On agenda: 1/14/2008 Final action: 1/14/2008
Enactment date: Enactment #: 16004
Title: AN ORDINANCE relating to the 2007 levy of property taxes in King County for collection in the year 2008; and amending Ordinance 15991, Sections 1, 2 and 3.
Sponsors: Bob Ferguson
Indexes: levy, Property Tax
Attachments: 1. 16004.pdf, 2. 2007-0559,0560,0561 Staff Report for 11-07&08-07 OBFMMHC - Property Taxes.doc
title
AN ORDINANCE relating to the 2007 levy of property taxes in King County for collection in the year 2008; and amending Ordinance 15991, Sections 1, 2 and 3.
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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 $((339,426,558,980))  339,460,186,280.
      SECTION 2.  The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2008 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      $((260,336,544)) 260,317,683
      HUMAN SERVICES FUND/MENTAL HEALTH      $((5,315,403)) 5,328.411
      VETERANS AND HUMAN SERVICES      $14,366,946
      VETERANS' AID      $((2,391,931)) 2,397,784
      INTER-COUNTY RIVER IMPROVEMENT      $50,000
      BOND REDEMPTION - LIMITED      $20,104,725
      AFIS      $17,468,824
      UNLIMITED G.O. BONDS      $40,000,000
      CONSERVATION FUTURES      $15,755,647
      EMERGENCY MEDICAL SERVICES      $((101,827,968)) 101,838,056
      PARKS      $((16,971,328)) 16,973,008
      PARKS EXPANSION      $((16,971,328)) 16,973,008
TOTAL COUNTY      $((511,560,644)) 511,574,092
UNINCORPORATED COUNTY - ROADS      $81,135,147
      SECTION 3.  The metropolitan King County council certifies the levies of the following taxing districts:
PORT OF SEATTLE      $75,899,369
CITIES AND TOWNS
      ALGONA      $600,929
      AUBURN (King County portion only)      $((8,455,792)) 8,455,953
      BEAUX ARTS VILLAGE      $135,798
      BELLEVUE      $28,903,886
      BLACK DIAMOND      $949,099
      BOTHELL (King County portion only)      $((4,415,600)) 4,414,755
      BURIEN      $5,303,097
      CARNATION      $((232,074)) 232,074
      CLYDE HILL      $816,628
      COVINGTON      $1,970,600
      DES MOINES      $4,364,359
      DUVALL      $1,191,552
      ENUMCLAW      $2,190,852
      FEDERAL WAY      $9,300,000
      HUNTS POINT      $250,439
      ISSAQUAH      $7,615,500
      KENMORE      $3,876,913
      KENT      $27,225,624
      KIRKLAND      $14,562,193
      LAKE FOREST PARK      $2,703,875
      MAPLE VALLEY      $2,680,521
      MEDINA      $2,191,253
      MERCER ISLAND      $((10,169,805)) 10,095,031
      MILTON (King County portion only)      $((128,003)) 127, 936
      NEWCASTLE      $3,826,471
      NORMANDY PARK      $1,378,718
      NORTH BEND      $925,505
      PACIFIC (King County portion only)      $453,770
      REDMOND      $((19,232,910)) 18,737,873
      RENTON      $25,231,267
      SAMMAMISH      $19,509,266
      SEATAC      $11,220,799
      SHORELINE      $9,135,600
      SKYKOMISH      $51,850
      SNOQUALMIE      $4,247,432
      TUKWILA      $11,400,000
      WOODINVILLE      $2,860,000
      YARROW POINT      $449,447
TOTAL CITIES AND TOWNS      $((250,157,427)) 249,586,865
FIRE DISTRICTS
        2      $((7,626,576)) 7,628,336
        4      $10,411,630
      10      $5,852,946
      11      $((4,214,621)) 4,229,823
      13      $2,068,830
      14      $882,855
      16      $4,315,390
      17      $348,333
      20      $((2,533,201)) 2,533,378
      24      $10,422
      25      $1,550,890
      27      $1,555,819
      28      $841,846
      31      $21,750
      34      $((6,720,736)) 6,718,210
      36      $7,143,350
      37      $((6,907,793)) 7,684,078
      38      $((1,654,434)) 1,654,254
      39      $((22,291,970)) 22,287,253
      40      $3,806,302
      41      $3,890,462
      43      $((7,725,393)) 7,681,780
      44      $4,734,625
      45      $2,170,344
      47      $181,229
      49 (King County portion only)      $((29,123)) 65,530
      50      $145,487
      61 (King County portion only)      $((6,545,148)) 6,564,055
TOTAL FIRE DISTRICTS      $((116,181,505)) 116,979,207
MISCELLANEOUS
      CEMETERY DISTRICT NO. 1      $98,946
      CITY OF MILTON EMS LEVY      $16,300
      FINN HILL PARK      $151,579
      HOSPITAL DISTRICT NO. 1      $18,666,255
      HOSPITAL DISTRICT NO. 2      $23,779,709
      HOSPITAL DISTRICT NO. 4      $3,758,478
      KING COUNTY FERRY       $((18,668,461)) 18,670,310
      KING COUNTY FLOOD CONTROL ZONE      $((33,942,656)) 33,946,019
      ISSAQUAH LIBRARY CAPITAL FACILITIES       $((605,000)) 703,946
      NORTHSHORE PARKS & REC (King County portion only)      $((403,882)) 403, 910
      PIERCE COUNTY LIBRARY      $((36,208)) 36,045
      REDMOND LIBRARY CAPITAL FACILITIES      $((565,000)) 663,946
      SI VIEW METROPOLITAN PARK      $1,135,183
      RURAL LIBRARY (King County portion only)      $((91,375,736)) 91,373,924
      VASHON MAURY PARKS      $998,355
TOTAL MISCELLANEOUS      $((194,201,748)) 194,402,905
SCHOOLS
      AUBURN (King County portion only)      $((37,449,367)) 37,331,846
      BELLEVUE      $72,219,000
      ENUMCLAW      $11,297,056
      FEDERAL WAY      $52,677,000
      FIFE (King County portion only)      $((1,353,158)) 1,293,288
      HIGHLINE      $58,097,653
      ISSAQUAH      $69,042,000
      KENT      $80,970,878
      LAKE WASHINGTON      $84,200,000
      MERCER ISLAND      $14,003,134
      NORTHSHORE (King County portion only)      $((49,080,613)) 49,081,131
      RENTON      $42,200,000
      RIVERVIEW      $9,057,850
      SEATTLE      $229,071,166
      SHORELINE      $38,120,587
      SKYKOMISH      $225,000
      SNOQUALMIE VALLEY      $17,490,000
      TAHOMA      $18,834,170
      TUKWILA      $12,489,203
      VASHON      $4,302,846
 
      TOTAL SCHOOLS      $((902,180,681)) 902,003,808
GRAND TOTAL      $((2,131,316,521)) 2,131,581,393