File #: 2024-0314    Version:
Type: Ordinance Status: Passed
File created: 10/1/2024 In control: Budget and Fiscal Management Committee
On agenda: Final action: 12/10/2024
Enactment date: 12/23/2024 Enactment #: 19877
Title: AN ORDINANCE relating to the 2024 levy of property taxes in King County for collection in the year 2025.
Sponsors: Girmay Zahilay
Indexes: King County, levy, Property Tax
Attachments: 1. Ordinance 19877, 2. 2024-0314 Striking Amendment S1, 3. 2024-0314 Transmittal Letter, 4. 2024-0314 Fiscal Note, 5. 2024-0314 Legislative Review Form, 6. 2024-0314 & 0316_SR_TaxyLevyCerts

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AN ORDINANCE relating to the 2024 levy of property taxes in King County for collection in the year 2025.

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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 $866,805,846,210.

                     SECTION 2.  The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2024 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                     $430,820,088

                     HUMAN SERVICES FUND/MENTAL HEALTH                     $8,001,597

                     VETERANS' AID                     $3,565,331

                     VETERANS, SENIORS AND HUMAN SERVICES                     $86,292,093

                     PARKS                     $169,895,054

                     BEST STARTS FOR KIDS                     $154,501,385

                     CRISIS CARE CENTERS                     $122,136,539

                     UNLIMITED G.O. BONDS                     $18,970,000

                     CONSERVATION FUTURES                     $53,949,500

                     EMERGENCY MEDICAL SERVICES                     $191,797,478

                     TRANSIT                     $34,144,224

                     MARINE                     $7,180,380

                     COUNTY HOSPITAL                     $86,680,585

TOTAL COUNTY                     $1,367,934,254

                     SECTION 3.  A.  The King County council imposes the levy necessary to fund estimated expenditures for the year 2025 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 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

UNINCORPORATED COUNTY - ROADS                     $102,174,539

                     SECTION 4.  The King County council certifies the levies of the following taxing districts:

PORT DISTRICTS

                     PORT OF SEATTLE                     $88,369,696

CITIES AND TOWNS

                     ALGONA                     $793,840

                     AUBURN (King County portion only)                     $25,607,602

                     BEAUX ARTS VILLAGE                     $191,312

                     BELLEVUE                     $92,657,474

                     BLACK DIAMOND                     $3,172,412

                     BOTHELL (King County portion only)                     $29,757,815

                     BURIEN                     $8,896,192

                     CARNATION                     $492,598

                     CLYDE HILL                     $1,369,379

                     COVINGTON                     $3,300,943

                     DES MOINES                     $5,787,846

                     DUVALL                     $2,631,325

                     ENUMCLAW                     $3,128,357

                     FEDERAL WAY                     $12,250,438

                     HUNTS POINT                     $317,546

                     ISSAQUAH                     $12,475,677

                     KENMORE                     $7,205,759

                     KENT                     $35,459,342

                     KIRKLAND                     $43,946,605

                     LAKE FOREST PARK                     $3,521,513

                     MAPLE VALLEY                     $7,350,000

                     MEDINA                     $4,618,542

                     MERCER ISLAND                     $15,069,814

                     MILTON (KC portion only)                     $446,354

                     NEWCASTLE                     $6,485,576

                     NORMANDY PARK                     $4,149,784

                     NORTH BEND                     $2,719,431

                     PACIFIC (King County portion only)                     $1,112,958

                     REDMOND                     $33,042,816

                     RENTON                     $26,293,862

                     SAMMAMISH                     $35,463,496

                     SEATAC                     $19,327,461

                     SHORELINE                     $27,761,137

                     SKYKOMISH                     $61,957

                     SNOQUALMIE                     $8,722,583

                     TUKWILA                     $16,991,603

                     WOODINVILLE                     $3,834,807

                     YARROW POINT                     $684,910

TOTAL CITIES AND TOWNS                     $507,101,066

FIRE DISTRICTS

                       2                     $22,237,703

                       4                     $12,629,868

                     10                     $8,612,672

                     11                     $3,812,922

                     13                     $6,892,318

                     16                     $10,577,061

                     20                     $4,827,161

                     22 (King County portion only)                     $862,191

                     24                     $0

                     27                     $3,032,991

                     28                     $7,325,023

                     31                     $33,646

                     34                     $10,700,000

                     36                     $9,638,253

                     38                     $2,445,690

                     39                     $32,446,277

                     40                     $4,882,000

                     41                     $0

                     43                     $17,344,188

                     44                     $8,138,084

                     45                     $4,224,932

                     47                     $364,765

                     49 (King County portion only)                     $229,185

                     50                     $329,451

                     61 (King County portion only)                     $21,334,371

                     62                     $45,241,759

                     63                     $30,428,512

TOTAL FIRE DISTRICTS                     $268,591,023

OTHER DISTRICTS

                     CEMETERY DISTRICT NO. 1                     $126,947

                     SEATTLE METROPOLITAN PARKS DISTRICT                     $127,681,470

                     DES MOINES METROPOLITAN PARK DISTRICT                      $2,339,313

                     FALL CITY METROPOLITAN PARK DISTRICT                     $128,831

                     HOSPITAL DISTRICT NO. 1                     $27,060,082

                     HOSPITAL DISTRICT NO. 2                     $21,866,268

                     HOSPITAL DISTRICT NO. 4                     $4,492,165

                     HOSPITAL DISTRICT NO. 5                     $1,962,417

                     KING COUNTY FLOOD CONTROL ZONE DISTRICT                     $84,570,334

                     NORMANDY PARK METROPOLITAN PARK DISTRICT                     $664,090

                     NORTHSHORE PARKS & REC (King County portion only)                     $1,566,051

                     PIERCE COUNTY LIBRARY (King County portion only)                     $171,237

                     SI VIEW METROPOLITAN PARK DISTRICT                     $3,531,170

                     RURAL LIBRARY (King County portion only)                     $140,889,558

                     TUKWILA METROPOLITAN PARKS DISTRICT                     $1,493,500

                     VASHON MAURY PARKS                     $1,984,264

                     SOUND TRANSIT 3 (King County portion only)                     $176,178,580

TOTAL OTHER DISTRICTS                     $596,706,277

SCHOOL DISTRICTS

                     001 - SEATTLE                     $365,769,745

                     210 - FEDERAL WAY                     $33,074,857

                     216 - ENUMCLAW                     $7,877,491

                     400 - MERCER ISLAND                     $17,397,983

                     401 - HIGHLINE                     $67,841,168

                     402 - VASHON                     $6,424,327

                     403 - RENTON                     $92,324,265

                     404 - SKYKOMISH                     $184,352

                     405 - BELLEVUE                     $142,755,104

                     406 - TUKWILA                     $12,274,643

                     407 - RIVERVIEW                     $9,281,933

                     408 - AUBURN (King County portion only)                     $44,511,202

                     409 - TAHOMA                     $19,730,359

                     410 - SNOQUALMIE VALLEY                     $28,867,427

                     411 - ISSAQUAH                     $101,874,803

                     412 - SHORELINE                     $39,637,870

                     414 -LAKE WASHINGTON                     $166,714,810

                     415 - KENT                     $50,723,969

                     417 - NORTHSHORE (King County portion only)                     $101,528,247

                     888 -FIFE (King County portion only)                     $11,666,161

TOTAL SCHOOL DISTRICTS                     $1,320,460,716

GRAND TOTAL                     $4,251,337,571