File #: 2023-0363    Version:
Type: Ordinance Status: Passed
File created: 10/17/2023 In control: Budget and Fiscal Management Committee
On agenda: Final action: 12/12/2023
Enactment date: 12/19/2023 Enactment #: 19717
Title: AN ORDINANCE relating to the 2023 levy of property taxes in King County for collection in the year 2024.
Sponsors: Joe McDermott
Indexes: King County, levy, Property Tax
Attachments: 1. Ordinance 19717, 2. 2023-0363 transmittal letter, 3. 2023-0363 2023 & 2024 Fiscal Note, 4. 2023-0363 Legislative Review Form, 5. 2022-0360, 0363_SR_TaxyLevyCerts_11-22-23
Staff: Paribello, Brandi
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AN ORDINANCE relating to the 2023 levy of property taxes in King County for collection in the year 2024.
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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 $827,630,972,675.
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 $421,133,240
HUMAN SERVICES FUND/MENTAL HEALTH $7,825,307
VETERANS' AID $3,486,780
AFIS $24,050,093
VETERANS, SENIORS AND HUMAN SERVICES $82,399,900
PARKS $160,076,366
PUGET SOUND EMERGENCY RADIO NETWORK $37,050,071
BEST STARTS FOR KIDS $148,254,358
CRISIS CARE CENTERS $119,479,855
UNLIMITED G.O. BONDS $9,180,000
CONSERVATION FUTURES $51,726,936
EMERGENCY MEDICAL SERVICES $187,581,907
TRANSIT $33,395,703
MARINE $7,000,384
TOTAL COUNTY $1,292,640,900
SECTION 3. A. The metropolitan King County council imposes the levy necessary to fund estimated expenditures for the year 2024 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 ...

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