File #: 2024-0324    Version:
Type: Ordinance Status: Passed
File created: 9/1/2024 In control: Budget and Fiscal Management Committee
On agenda: Final action: 1/28/2025
Enactment date: 2/6/2025 Enactment #: 19887
Title: AN ORDINANCE relating to the 2024 levy of property taxes in King County for collection in the year 2025.
Sponsors: Girmay Zahilay
Indexes: levy, Taxes
Attachments: 1. Ordinance 19887, 2. 2024-0324 transmittal letter, 3. 2024-0324 Fiscal Note, 4. 2024-0324 Legislative Review Form, 5. 2024-0324_SR_TaxyLevyCerts, 6. 2024-0324 AMD S1_StrikingAMD_CorrectedLevies, 7. 2024-0324_RevisedSR_TaxyLevyCerts
Staff: Paribello, Brandi

Drafter

Clerk 01/22/2025

title

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                     $430,767,831

                     HUMAN SERVICES FUND/MENTAL HEALTH                     $8,001,597

                     VETERANS' AID                     $3,565,331

                     VETERANS, SENIORS AND HUMAN SERVICES                     $86,332,050

                     PARKS                     $169,972,676

                     BEST STARTS FOR KIDS                     $154,573,276

                     CRISIS CARE CENTERS                     $122,194,477

                     UNLIMITED G.O. BONDS                     $18,970,000

                     CONSERVATION FUTURES                     $53,949,500

                     EMERGENCY MEDICAL SERVICES                     $191,836,242

                     TRANSIT                     $34,151,121

                     MARINE                     $7,181,825

                     COUNTY HOSPITAL                     $86,680,585

TOTAL COUNTY                     $1,368,176,511

                     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 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

UNINCORPORATED COUNTY - ROADS                     $102,167,925

                     SECTION 4.  The King County council certifies the levies of the following taxing districts:

PORT DISTRICTS

                     PORT OF SEATTLE                     $88,387,593

CITIES AND TOWNS

                     ALGONA                     $793,840

                     AUBURN (King County portion only)                     $25,607,602

                     BEAUX ARTS VILLAGE                     $191,312

                     BELLEVUE                     $92,993,959

                     BLACK DIAMOND                     $3,171,878

                     BOTHELL (King County portion only)                     $29,757,815

                     BURIEN                     $8,895,336

                     CARNATION                     $492,598

                     CLYDE HILL                     $1,369,379

                     COVINGTON                     $3,300,943

                     DES MOINES                     $5,787,846

                     DUVALL                     $2,631,498

                     ENUMCLAW                     $3,128,357

                     FEDERAL WAY                     $12,234,338

                     HUNTS POINT                     $317,546

                     ISSAQUAH                     $12,475,677

                     KENMORE                     $7,205,759

                     KENT                     $35,459,342

                     KIRKLAND                     $43,942,088

                     LAKE FOREST PARK                     $3,520,000

                     MAPLE VALLEY                     $7,350,000

                     MEDINA                     $4,619,143

                     MERCER ISLAND                     $15,069,814

                     MILTON (KC portion only)                     $515,188

                     NEWCASTLE                     $6,485,576

                     NORMANDY PARK                     $4,149,784

                     NORTH BEND                     $2,757,385

                     PACIFIC (King County portion only)                     $1,112,980

                     REDMOND                     $33,175,286

                     RENTON                     $26,293,862

                     SAMMAMISH                     $35,463,488

                     SEATAC                     $19,445,610

                     SHORELINE                     $27,761,137

                     SKYKOMISH                     $61,957

                     SNOQUALMIE                     $8,722,581

                     TUKWILA                     $16,991,603

                     WOODINVILLE                     $3,900,415

                     YARROW POINT                     $684,910

TOTAL CITIES AND TOWNS                     $507,837,832

FIRE DISTRICTS

                       2                     $24,040,345

                       4                     $12,629,868

                     10                     $8,612,672

                     11                     $3,812,922

                     13                     $6,892,318

                     16                     $10,577,061

                     20                     $4,827,115

                     22 (King County portion only)                     $1,202,690

                     24                     $0

                     27                     $3,039,693

                     28                     $7,325,023

                     31                     $33,646

                     34                     $10,700,000

                     36                     $9,703,434

                     38                     $2,445,690

                     39                     $32,446,277

                     40                     $4,882,000

                     41                     $0

                     43                     $17,344,188

                     44                     $8,164,586

                     45                     $4,225,064

                     47                     $364,765

                     49 (King County portion only)                     $177,621

                     50                     $329,451

                     61 (King County portion only)                     $21,311,866

                     62                     $45,241,759

                     63                     $30,424,744

TOTAL FIRE DISTRICTS                     $270,754,798

OTHER DISTRICTS

                     CEMETERY DISTRICT NO. 1                     $126,947

                     SEATTLE METROPOLITAN PARKS DISTRICT                     $127,681,470

                     DES MOINES METROPOLITAN PARK DISTRICT                      $2,339,313

                     FALL CITY METROPOLITAN PARK DISTRICT                     $128,811

                     HOSPITAL DISTRICT NO. 1                     $27,055,326

                     HOSPITAL DISTRICT NO. 2                     $21,905,950

                     HOSPITAL DISTRICT NO. 4                     $4,504,471

                     HOSPITAL DISTRICT NO. 5                     $1,962,417

                     KING COUNTY FLOOD CONTROL ZONE DISTRICT                     $84,582,412

                     NORMANDY PARK METROPOLITAN PARK DISTRICT                     $664,090

                     NORTHSHORE PARKS & REC (King County portion only)                     $1,566,051

                     PIERCE COUNTY LIBRARY (King County portion only)                     $187,504

                     SI VIEW METROPOLITAN PARK DISTRICT                     $3,548,397

                     RURAL LIBRARY (King County portion only)                     $140,889,558

                     TUKWILA METROPOLITAN PARKS DISTRICT                     $1,493,500

                     VASHON MAURY PARKS                     $1,984,264

                     SOUND TRANSIT 3 (King County portion only)                     $176,222,281

TOTAL OTHER DISTRICTS                     $512,303,049

SCHOOL DISTRICTS

                     001 - SEATTLE                     $559,748,746

                     210 - FEDERAL WAY                     $78,074,857

                     216 - ENUMCLAW                     $21,285,092

                     400 - MERCER ISLAND                     $29,397,983

                     401 - HIGHLINE                     $124,999,500

                     402 - VASHON                     $10,965,826

                     403 - RENTON                     $135,596,387

                     404 - SKYKOMISH                     $214,397

                     405 - BELLEVUE                     $204,943,714

                     406 - TUKWILA                     $21,200,222

                     407 - RIVERVIEW                     $18,770,204

                     408 - AUBURN (King County portion only)                     $96,352,808

                     409 - TAHOMA                     $47,961,190

                     410 - SNOQUALMIE VALLEY                     $51,129,198

                     411 - ISSAQUAH                     $163,766,655

                     412 - SHORELINE                     $67,000,000

                     414 -LAKE WASHINGTON                     $261,114,678

                     415 - KENT                     $130,023,751

                     417 - NORTHSHORE (King County portion only)                     $169,027,894

                     888 -FIFE (King County portion only)                     $3,108,325

TOTAL SCHOOL DISTRICTS                     $2,194,681,427

GRAND TOTAL                     $5,044,309,135