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AN ORDINANCE relating to the 2011 levy of property taxes in King County for collection in the year 2012.
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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 $ 317,814,434,451.
SECTION 2. The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2012 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 $ 284,318,327
HUMAN SERVICES FUND/MENTAL HEALTH $ 5,838,960
VETERANS AND HUMAN SERVICES $ 15,890,722
VETERANS' AID $ 2,601,709
INTER-COUNTY RIVER IMPROVEMENT $ 50,000
BOND REDEMPTION - LIMITED $ 25,887,481
AFIS $ 11,212,493
UNLIMITED G.O. BONDS $ 22,460,000
CONSERVATION FUTURES $ 17,422,453
EMERGENCY MEDICAL SERVICES $ 95,319,632
PARKS $ 20,038,193
PARKS EXPANSION $ 20,038,193
TRANSIT $ 23,836,083
TOTAL COUNTY $544,914,246
SECTION 3. The metropolitan King County council imposes the levy necessary to fund estimated expenditures for the year 2012 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, the King County a...
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