ORD 05-511
, .
! ~
ORDINANCE NO. o ~ - 5"/ {
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
FEDERAL WAY, WASHINGTON, FIXING THE PROPERTY
TAX AMOUNT FOR THE YEAR 2006.
WHEREAS the City Council of the City of Federal Way has met and reviewed all
revenue sources and exmnined all m1ticipated expenses and other obligations 1(.H" the 2005/06
biennium; and
WHEREAS the City Council, in the course of considering the biennium budget, has
conducted public hearings on the proposed property tax levy for 2006, and proposed revenues
expenditures for the biennium; and
WHEREAS the City Council, after hearing and duly considering all relevant
evidence and testimony presented, determined that it is necessary and advisable to authorize an
increase in regular property tax levy consistent with the limit factor prescribed by RCW 84.55.01 01
to discharge the expected expense and obligations of the City; now, thereJ(Jre,
THE CITY COUNCIL OF THE CITY OF FEDERAl, WAY, W ASHTNCiTON,
DOES HEREBY ORDAIN AS FOLLOWS:
Section 1. Levy. There shall be and there is hereby levied against the property in the
City of Federal Way, Washington, a municipal regular propeliy tax for the year 2006 fl.)r the purposes
of paying expenses and discharge obligations of the city in the amount of Eight Million Seven
Hundred and Seventy Thousm1d Dollars ($8,800,000).
The levy mnount includes (1) an increase in property tax revenue from the previous
year of Eighty-Two Thousand, Three Hundred and Twenty Two Dollars ($82,322) or one percent
(1%), (2) new construction and improvements to property, (3) any increase in the value of state
assessed property, and amounts authorized by law as a result of any annexations that have occurred,
as well as applicable refunds already made.
ORDINANCE NO.~, Page 1
k:\clerk\agenda bills\2005\1~06?005\?006 ptytx ord.doc .
"
.
.'
"
< .
Section 2. Severability. The provisions of this ordinance are declared separate and
severable. The invalidity of any clause, sentence, paragraph, subdivision, section, or portion of this
ordinance or the invalidity ofthe application thereof to any person or circumstance, shall not affect
the validity ofthe remainder of the ordinance, or the validity of its application to other persuns or
circumstances.
Section 3. Ratiflcation. Any act consistent with the authority and prior to the
effective date of this ordinance is hcrcby ratilied and affirmed.
Section 4. Effective Date. This ordinance shall take dIed and be in f()rce five (5)
clays from the time of its final passage, as provided by law.
PASSED by the City Council of the City of Federal Way this 4 "'1--._._ day of
J),rQAYl~ ,2005.
CITY or FEDERAL WAY
~r~_.
.....--
ATTEST: ~
I
K:~ATHAWAy,CMC
APPROVED AS TO FORM:
-')
~<I/ . Ii. '/
...4':~;" '
( ~""".I ;t..c.c4.c~.-,~;
".t:., .
CITY ATTORNEY, PATRICIA A. RICHARDSON
FILED WfTH THE CITY CLERK: {(((S!.DJ~
PASSED BY THE CITY COUNCIL: I:i/lt/Or
PUBLISHED: 1;rftC'lof- 0
EFFECTIVE DATE: /';/5 ~r
ORDINANCE NO{a5"~l/, Page 2
k: \clclk\ar]cnda biJ Ls\?OO!:i\ l?06?OO'J\2006 ptytx ord. doc
....