File #: 2022-0387    Version:
Type: Ordinance Status: Passed
File created: 10/4/2022 In control: Budget and Fiscal Management Committee
On agenda: Final action: 12/13/2022
Enactment date: 12/22/2022 Enactment #: 19560
Title: AN ORDINANCE relating to the 2022 levy of property taxes in King County for collection in the year 2023.
Sponsors: Joe McDermott
Indexes: King County, levy, Property Tax
Attachments: 1. Ordinance 19560, 2. 2022-0387 Striking Amendment S1, 3. 2022-0387 transmittal letter, 4. 2022-0387 Fiscal Note, 5. 2022-0387 Legislative Review Form, 6. 2022-0387_SR_LevyCertification
Staff: Kim, Andrew
title
AN ORDINANCE relating to the 2022 levy of property taxes in King County for collection in the year 2023.
body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. In accordance with RCW 84.48.130, the county assessor of King County has certified to the metropolitan King County council that the regular assessed valuation of the County of King as finally equalized amounts to $875,837,390,002.
SECTION 2. The metropolitan King County council certifies to the county assessor of King County the amount of taxes levied to fund estimated expenditures for the year 2023 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 chapter 84.48 RCW, 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 $411,213,123
HUMAN SERVICES FUND/MENTAL HEALTH $3,452,257
VETERANS' AID $7,747,829
AFIS $23,504,071
VETERANS, SENIORS AND HUMAN SERVICES $68,708,783
PARKS $149,482,910
PUGET SOUND EMERGENCY RADIO NETWORK $36,208,984
BEST STARTS FOR KIDS $142,101,639
UNLIMITED G.O. BONDS $17,020,000
CONSERVATION FUTURES $54,739,837
EMERGENCY MEDICAL SERVICES $183,314,814
TRANSIT $32,620,449
MARINE $6,708,679
TOTAL COUNTY $1,136,823,375
SECTION 3. The metropolitan King County council certifies to the county assessor of King County the amount of taxes levied to fund estimated expenditures for the year 2023 as listed in this section. This amount does not include the total of estimated revenues from sources other than taxation, in...

Click here for full text