File #: 2017-0434    Version:
Type: Ordinance Status: Passed
File created: 11/6/2017 In control: Budget and Fiscal Management Committee
On agenda: Final action: 12/11/2017
Enactment date: Enactment #: 18634
Title: AN ORDINANCE relating to the 2017 levy of property taxes in King County for collection in the year 2018.
Sponsors: Dave Upthegrove
Indexes: levy, Property Tax
Attachments: 1. Ordinance 18634.pdf, 2. 2017-0434 transmittal letter, 3. 2017-0434 transmittal letter, 4. 2017-0434 Fiscal Note, 5. 2017-0433,0434,0435 2018 Property Taxes_SR_hamacher.docx, 6. 12-11-17 amendment.pdf
Staff: Hamacher, Patrick
title
AN ORDINANCE relating to the 2017 levy of property taxes in King County for collection in the year 2018.
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 $532,856,899,490.
SECTION 2. The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2018 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 $357,785,034
HUMAN SERVICES FUND/MENTAL HEALTH $6,762,538
VETERANS' AID $3,013,234
INTER-COUNTY RIVER IMPROVEMENT $50,000
AFIS $22,120,820
VETERANS, SENIORS AND HUMAN SERVICES $53,228,281
PARKS $74,256,788
CHILDREN AND FAMILY JUSTICE CENTER $25,054,704
PUGET SOUND EMERGENCY RADIO NETWORK $31,588,828
BEST STARTS FOR KIDS $65,652,750
UNLIMITED G.O. BONDS $17,300,000
CONSERVATION FUTURES $20,055,903
EMERGENCY MEDICAL SERVICES $127,381,803
TRANSIT $23,641,990
MARINE $5,927,796
TOTAL COUNTY $923,100,326
SECTION 3. A. The metropolitan King County council imposes the levy necessary to fund estimated expenditures for the year 2018 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 ...

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