File #: 2004-0489    Version:
Type: Ordinance Status: Passed
File created: 10/18/2004 In control: Budget and Fiscal Management Committee
On agenda: 12/13/2004 Final action: 12/13/2004
Enactment date: 12/22/2004 Enactment #: 15095
Title: AN ORDINANCE relating to the 2004 levy of property taxes in King County for collection in the year 2005.
Sponsors: Larry Gossett
Indexes: levy, Property Tax
Attachments: 1. Ordinance 15095.pdf, 2. 2004-0489 Staff Report 11-9-04, 3. 2004-0489-0490 Revised Staff Report
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AN ORDINANCE relating to the 2004 levy of property taxes in King County for collection in the year 2005.
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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 $247,766,412,831 and as adjusted for senior citizens exemptions provided for in RCW 84.36.381 and for omitted assessments in accordance with RCW 84.40.080 is $ 245,811,601,442.
      SECTION 2.  The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2005 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 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 this sum and it is therefore included in the following levy totals.
      FUND      TAX
COUNTY
      CURRENT EXPENSE      $235,038,626      HUMAN SERVICES FUND/MENTAL HEALTH      4,841,326
      VETERANS' AID      2,178,596
      RIVER IMPROVEMENT      2,575,362
      INTER-COUNTY RIVER IMPROVEMENT      50,000
      BOND REDEMPTION - LIMITED      17,866,676
      AFIS      12,225,166
      UNLIMITED G.O. BONDS      41,176,543
      CONSERVATION FUTURES      14,349,780
      EMERGENCY MEDICAL SERVICES      57,448,128
      PARKS      11,857,880
TOTAL COUNTY      $399,608,083
UNINCORPORATED COUNTY - ROADS      $70,315,225
      SECTION 3.  The metropolitan King County council certifies the levies of the following taxing districts:
PORT OF SEATTLE      $ 62,748,329
CITIES AND TOWNS      
      ALGONA      $552,418
      AUBURN (King County portion only)      12,686,425
      BEAUX ARTS VILLAGE       122,832
      BELLEVUE      27,343,613  
      BLACK DIAMOND      876,819  
      BOTHELL (King County portion only)      4,129,626
      BURIEN      4,688,588
      CARNATION      216,696  
      CLYDE HILL      762,643  
      COVINGTON      1,656,097  
      DES MOINES      3,279,454  
      DUVALL      985,666  
      ENUMCLAW      1,869,637  
      FEDERAL WAY      8,247,730  
      HUNTS POINT      235,825
      ISSAQUAH      5,125,138  
      KENMORE      3,573,454
      KENT      25,800,548  
      KIRKLAND      11,856,148  
      LAKE FOREST PARK      2,566,484
      MAPLE VALLEY       2,163,238
      MEDINA      2,105,055  
      MERCER ISLAND      9,326,960  
      MILTON (King County portion only)      153,757  
      NEWCASTLE      3,141,086  
      NORMANDY PARK      1,315,301  
      NORTH BEND      890,616  
      PACIFIC (King County portion only)      598,639  
      REDMOND      14,732,242  
      RENTON      21,531,539  
      SAMMAMISH      16,819,752  
      SEATAC      9,590,628  
      SHORELINE      6,887,741  
      SKYKOMISH      49,177  
      SNOQUALMIE       2,773,478
      TUKWILA      10,726,120  
      WOODINVILLE      2,587,979  
      YARROW POINT      413,185
TOTAL CITIES AND TOWNS      $ 222,382,334
WATER AND SEWER DISTRICTS      
      SKYWAY      $39,090
FIRE DISTRICTS      
        2      $5,809,485  
        4      8,817,891  
      10      5,424,784  
      11      3,165,502  
      13      1,970,113  
      14      645,514  
      16      5,860,607
      17      217,140
      20      2,012,740
      24      8,577  
      25      1,520,133  
      26      3,616,797  
      27      1,295,995  
      28      784,209  
      31      21,674  
      34      3,895,891  
      36      6,543,784
      37      5,670,116
      38      979,106  
      39      13,062,780  
      40      2,885,785  
      41      2,683,383  
      43      5,865,292  
      44      3,047,262  
      45      1,643,273  
      47      173,646  
      49 (King County portion only)      46,716  
      50       135,553
TOTAL FIRE DISTRICTS      $87,803,748
MISCELLANEOUS      
      RURAL LIBRARY (King County portion only)      $ 78,323,837
      HOSPITAL DISTRICT NO. 1       2,468,524
      HOSPITAL DISTRICT NO. 2      22,243,144  
      HOSPITAL DISTRICT NO. 4      2,787,113
      CEMETERY DISTRICT NO. 1      93,564
      VASHON MAURY PARKS      768,553  
      NORTHSHORE PARKS & REC (King County portion only)      444,828  
      GREEN RIVER FLOOD ZONE       900,474
      ISSAQUAH LIBRARY CAPITAL FACILITIES       602,000
      REDMOND LIBRARY CAPITAL FACILITIES       580,000  
      FINN HILL PARK       145,909  
      SI VIEW METROPOLITAN PARK      712,943  
TOTAL MISCELLANEOUS      $110,070,889
SCHOOLS      
      AUBURN (King County portion only)      $33,960,256
      BELLEVUE       49,767,955
      ENUMCLAW      9,790,300  
      FEDERAL WAY      40,675,000
      FIFE (King County portion only)      1,888,495
      HIGHLINE      46,000,000  
      ISSAQUAH      45,167,156  
      KENT      66,289,000  
      LAKE WASHINGTON      73,544,472
      MERCER ISLAND      13,527,947  
      NORTHSHORE (King County portion only)      44,135,476  
      RENTON      47,000,000  
      RIVERVIEW      7,639,840
      SEATTLE      200,596,055  
      SHORELINE      28,301,221  
      SNOQUALMIE VALLEY      13,825,000
       TAHOMA      13,240,252
      TUKWILA      10,209,248  
 
      VASHON      4,894,321  
      TOTAL SCHOOLS      $750,451,994
                                GRAND TOTAL      $1,703,419,692
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