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AN ORDINANCE relating to the 2012 levy of property taxes in King County for collection in the year 2013; and amending Ordinance 17497, Section 1, Ordinance 17497, Section 2, Ordinance 17497, Section 3, and Ordinance 17497, Section 4.
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BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Ordinance 17497, Section 1, is hereby amended to read as follows:
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 $((312,984,435,517)) 312,978,736.338.
SECTION 2. Ordinance 17497, Section 2, is hereby amended to read as follows:
The metropolitan King County council imposes the levies necessary to fund estimated expenditures for the year 2013 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 $((313,186,062)) 313,137,887
HUMAN SERVICES FUND/MENTAL HEALTH $5,944,036
VETERANS AND HUMAN SERVICES $16,409,992
VETERANS' AID $2,648,529
INTER-COUNTY RIVER IMPROVEMENT $50,000
AFIS $((18,528,679)) 18,528, 341
UNLIMITED G.O. BONDS $21,040,000
CONSERVATION FUTURES $17,566,647
EMERGENCY MEDICAL SERVICES $((93,872,580)) 93,870,870
PARKS $20,641,962
PARKS EXPANSION $20,641,962
TRANSIT $((23,473,833)) 23,473,405
CHILDREN AND FAMILY JUSTICE CENTER $((21, 908,910)) 21,908,512
TOTAL COUNTY $((575,913,192)) 557,333,802
SECTION 3. Ordin...

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