HomeMy WebLinkAboutOrdinance No. 0464CITY OF MEDINA
ORDINANCE NO. 464
AN ORDINANCE certifying to the governing authority of King County the
1 estimates of the amount to be raised by taxation for the year 1988 on
the estimated assessed valuation of the property in the City as required
by RCW 84.52.020.
THE CITY COUNCIL OF THE CITY OF MEDINA DOES ORDAIN AS FOLLOWS:
Section 1. Amount to be raised b taxation. The amount of $663,977
which amount, when added to the est mate revenues from all other sources,
will balance estimated expenditures during the year 1988 is hereby fixed
as the amount estimated to be necessary to be raised by general property
taxes.
Section 2. Levy. For the purpose of raising such amount, a levy of
$2.05629 per 1,000 of assessed value on all taxable property within the City,
both real and personal, on each and every dollar of assessed valuation of
such property, is necessary, said revenue and levy to be allocated as
follows:
General Tax Levy:
For: General Purposes $663,977
Total General Levy $663,977
y, TOTAL TAX LEVY $663,977
I.. Section 3. Code Reference. All sections hereof shall be considered of
temporary or spec aii a e
Section 4. Effective Date. This ordinance shall take effect upon the
1st day of January, 98� 8.
PASSED by affirmative votes of four or more councilpersons on the 9th day of
November, 1987, and signed in authentication of such passage on the same day.
H. E. (Ted�Kng. ayor
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Ciy Berk
By Ordinance 2152 of the King County Council Junior
Taxing Districts are required annually to submit the
following information regarding their tax levies for
the ensuing year as part of a formal resolution of
the Board of Commissioners.
ice- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
THE KING COUNTY ASSESSOR HAS NOTIFIED THE COMMISSIONERS OF City of Medina
THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN
THE BOUNDARIES OF SAID DISTRICT FOR THE YEAR1937 IS $ 322.9o0.183
REGULAR (STATUTORY) LEVY (AS APPLICABLE):
EXPENSE FUND . . . . . . . . . . . . . .
RESERVE FUND . . . . . . . . . . . . . .
COUPON WARRANT FUND ,
OTHER (SPECIFY) ,
EXCESS (VOTER APPROVED) LEVY:
G.O. BOND FUND LEVY. . . . . , . . . . .
SPECIAL LEVIES (INDICATE PURPOSE AND
DATE OF ELECTION AT WHICH APPROVED):
TOTAL TAXES REQUESTED
$
P?
$ RA1�Q7
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•` THE ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR THE
YEAR 1988 AND THEY ARE WITHIN THE MAXIMUMS ESTABLISHED BY LAW.
_(AUTHORIZED SIGNATURE)