ORD 23-975 - Fixing the Property Tax Amount for 2024ORDINANCE NO.23-975
AN ORDINANCE of the City of Federal Way, Washington, relating to
fixing the property tax amount for the year of 2024.
WHEREAS, the City Council of the City of Federal Way met and reviewed all revenue
sources and examined anticipated expenses and other obligations for the 2023/24 biennium; and
WHEREAS, the City Council, in the course of considering the biennium budget, conducted
a public hearing on November 8, 2023, for the proposed property tax levy for 2024, and proposed
revenues and expenditures for the biennium; and
WHEREAS, the City Council, after hearing and duly considering relevant evidence and
testimony, determined that it is necessary and advisable in order to discharge the expected
expenses and obligations of the City to authorize an increase in regular property tax consistent
with the limit factor prescribed -by RCW 84.55.0101; and
WHEREAS, the City Council has resolved to levy a property tax consistent with RCW
84.52.043.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON, DO ORDAIN AS FOLLOWS:
Section 1. Levy. There is hereby levied against the property in the City of Federal Way,
Washington, a municipal regular property tax for the year 2024 for the purpose of paying expenses
and discharge obligations of the City in the amount of Twelve Million One Hundred Thousand
and NO/100 Dollars ($12,100,000.00).
The levy amount shall include: (1) an increase in property tax revenue from the previous
year of One Hundred Seventeen Thousand Four Hundred Seventy-nine and NO/100 Dollars
($117,479.00) or one percent (1.00%); (2) new construction and improvements to property; (3)
Ordinance No. 23-975 Page 1 of 3
any increase in the value of state assessed property; and, (4) amounts authorized by law as a result
of any annexations that have occurred, as well as applicable refunds already made.
Section 2. Severability. Should any section, subsection, paragraph, sentence, clause, or
phrase of this ordinance, or its application to any person or situation, be declared unconstitutional
or invalid for any reason, such decision shall not affect the validity of the remaining portions of
this ordinance or its application to any other person or situation. The City Council of the City of
Federal Way hereby declares that it would have adopted this ordinance and each section,
subsection, sentence, clauses, phrase, or portion thereof, irrespective of the fact that any one or
more sections, subsections, sentences, clauses, phrases, or portions be declared invalid or
unconstitutional.
Section 3. Corrections. The City Clerk and the codifiers of this ordinance are authorized to
make necessary corrections to this ordinance including, but not limited to, the correction of
scrivener/clerical errors, references, ordinance numbering, section/subsection numbers and any
references thereto.
Section 4. Ratification. Any act consistent with the authority and prior to the effective date
of this ordinance is hereby ratified and affirmed.
Section 5. Effective Date. This ordinance shall take effect and be in force five (5) days
from and after its passage and publication, as provided by law.
PASSED by the City Council of the City of Federal Way this 21 st. day of November, 2023.
[signatures to follow]
Ordinance No. 23-975 Page 2 of 3
ATTEST:
CITY OF FEDERAL WAY:
COURTN-EY, CMC, CITY CLERK
VED AS TO FORM:
f v- RYAN CALL, CIT77A O
FILED WITH THE CITY CLERK: 11/01/2023
PASSED BY THE CITY COUNCIL: 11/21/2023
PUBLISHED: 12/01 /2023
EFFECTIVE DATE: 12/06/2023
ORDINANCE NO.: 23-975
Ordinance No. 23-975 Page 3 of 3