Loading...
HomeMy WebLinkAboutOrdinance No. 0480CITY OF MEDINA ORDINANCE NO. 480 AN ORDINANCE certifying to the governing authority of King County the estimates of the amount to be raised by taxation for the year 1989 on the estimated assessed valuation of the property in the City as required by RCN 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 $727,294 which amoun , w en a e o e es ma ed revenues from all other sources, will balance estimated expenditures during the year 1989 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 $1.92828 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 $727,294 Total General Levy $727,294 TOTAL TAX LEVY $727,294 Section 3. Code Reference. All sections hereof shall be considered of temporary or special effect. Section 4. Effective Date. This ordinance shall take effect upon the to a_y of7anuary, 1989. PASSED by affirmative votes of four or more councilpersons on the 14th day of November, 1988, and signed in authentication of such passage on the same day. ay r ee a -pno ATTEST: Marg5ret X. Bev s, hsreby oer.8y that I am the City Clerk of the ry M Medina; that annsxed hereto i3 Ordinance No. FN 1IT LLU: hairy th& I ci- ani o [he l ws of s ord�i :Mh was publi and p=strd eccrtlinf! to [he laws ef:hu State of Washington relating to third- class cities beginning five days orr more bftm Itsetfective data :- .... . _...._..... _ City Clerk 4 SEAL } r 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 eft of a formal resolution of the Board of Commissioners. COUNCIL MEMBERS THE KING COUNTY ASSESSOR HAS NOTIFIED THE C IW9(IPW4N S OF THE CITY OF MEDINA WASHINGTON THAT THE ASSESSED VALUATION OF PROPERTY LYING WITHIN [THE BOUNDARIES OF SAID DISTRICT FOR THE YEAR1988 IS $376,202,188 DCr_ni AD fCTATliTnDv1 1 Cvv fe(Z ADD1 rrADl C) . EXPENSE FUND . . . . . . . . . . . . . . RESERVE FUND . . . . . . . . . . . , . COUPON WARRANT FUND . . . . . . . . . . OTHE9 (SPECIFY) . . . EXCESS (VOTER APPROVED) LEVY: G.O. BOND.FUND LEVY. . SPECIAL LEVIES (INDICATE PURPOSE AND DATE OF ELECTION AT WHICH APPROVED): TOTAL TAXES REQUESTED . . $727,294. S S . . . . . $727,294. E ABOVE IS A TRUE AND COMPLETE LISTING OF LEVIES FOR SAID DISTRICT FOR THE 'R 1989 AND THEY ARE WITHIN THE MAXIMUMS ESTABLISHED BY LAW. SIGNATURE) CITY -CLERK TREAS.