Drafter
Clerk 12/13/2010
title
AN ORDINANCE relating to the 2010 levy of property taxes in King County for collection in the year 2011.
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 $328,927,984,810.
SECTION 2. The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2011 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 $278,152,152
HUMAN SERVICES FUND/MENTAL HEALTH $5,737,359
VETERANS AND HUMAN SERVICES $15,469,686
VETERANS' AID $2,556,438
INTER-COUNTY RIVER IMPROVEMENT $50,000
BOND REDEMPTION - LIMITED $24,579,471
AFIS $11,592,601
UNLIMITED G.O. BONDS $23,500,000
CONSERVATION FUTURES $17,061,273
EMERGENCY MEDICAL SERVICES $98,678,395
PARKS $19,130,252
PARKS EXPANSION $19,130,252
TRANSIT $22,623,470
TOTAL COUNTY $538,261,349
SECTION 3. A. The metropolitan King County council imposes the levy necessary to fund estimated expenditures for the year 2011 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 expenditures as are to be net from bond warrant issues. In accordance with state law, t...
Click here for full text