File #: 2024-0316    Version:
Type: Ordinance Status: Passed
File created: 10/1/2024 In control: Budget and Fiscal Management Committee
On agenda: Final action: 12/10/2024
Enactment date: 12/23/2024 Enactment #: 19878
Title: AN ORDINANCE relating to the county property tax levies for collection in 2025, and implementing RCW 84.55.120.
Sponsors: Girmay Zahilay
Indexes: levy, Property Tax
Attachments: 1. Ordinance 19878, 2. 2024-0316 Striking Amendment S1, 3. 2024-0316 Transmittal Letter, 4. 2024-0316 Fiscal Note, 5. 2024-0316 Legislative Review Form, 6. 2024-0314 & 0316_SR_TaxyLevyCerts

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AN ORDINANCE relating to the county property tax levies for collection in 2025, and implementing RCW 84.55.120.

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                     BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:

                     SECTION 1.  The council is under an obligation by charter to enact revenue measures that support the budget appropriation ordinance by December 1, 2024, for the 2025 budget.  This ordinance sets the amount of property tax to be collected for the regular property tax levy, the transit levy, the road district levy, the conservation futures levy, the emergency medical services levy, the marine levy, and the hospital levy.  In accordance with RCW 84.55.120, the council has given proper notice of this ordinance to the public.

                     SECTION 2.  For collection of the property tax levies in 2025, the council hereby authorizes property tax changes compared to the amounts authorized for collection in 2024 as follows:

 Levy

Estimated Dollar Increase

% Increase

Estimated Total Levy

Regular Levy

-$40,497,413

-4.03459%

$975,407,237

Regular - Transit

$222,748

0.66700%

$34,151,121

Road District

$664,000

0.66254%

$102,167,926

Conservation Futures

$3,722,844

7.21409%

$53,990,740

Emergency Medical Services

$1,264,181

0.67394%

$191,836,241

Marine

$70,004

1.00000%

$7,070,388

Hospital (new)

$86,728,047

100+%

$86,728,047

The hospital levy is a new levy beginning in 2025.

                     SECTION 3.  Upon enactment of this ordinance, the clerk is directed to forward this ordinance to the assessor in accordance with RCW 84.52.070.