Drafter
Clerk 12/13/2005
title
AN ORDINANCE relating to the 2005 levy of property taxes in King County for collection in the year 2006.
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 $269,020,734,854 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 $267,132,411,988.
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, 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 $ 242,111,938 HUMAN SERVICES FUND/MENTAL HEALTH 5,003,442
VETERANS AND HUMAN SERVICES 13,451,037
VETERANS' AID 2,251,548
RIVER IMPROVEMENT 2,661,601
INTER-COUNTY RIVER IMPROVEMENT 50,000
BOND REDEMPTION - LIMITED 19,031,991
AFIS|913|
UNLIMITED G.O. BONDS 46,680,000
CONSERVATION FUTURES 16,813,796
EMERGENCY MEDICAL SERVICES 57,758,316
PARKS 12,254,952
TOTAL COUNTY $418,068,621
UNINCORPORATED COUNTY - ROADS $76,515,439
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 $592,368
AUBURN (King Count...

Click here for full text