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AN ORDINANCE relating to the 2024 levy of property taxes in King County for collection in the year 2025.
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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 $866,805,846,210.
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 $430,820,088
HUMAN SERVICES FUND/MENTAL HEALTH $8,001,597
VETERANS' AID $3,565,331
VETERANS, SENIORS AND HUMAN SERVICES $86,292,093
PARKS $169,895,054
BEST STARTS FOR KIDS $154,501,385
CRISIS CARE CENTERS $122,136,539
UNLIMITED G.O. BONDS $18,970,000
CONSERVATION FUTURES $53,949,500
EMERGENCY MEDICAL SERVICES $191,797,478
TRANSIT $34,144,224
MARINE $7,180,380
COUNTY HOSPITAL $86,680,585
TOTAL COUNTY $1,367,934,254
SECTION 3. A. The King County council imposes the levy necessary to fund estimated expenditures for the year 2025 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 with state law, the King County assessor calculated...
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