ORD 07-570
ORDINANCE NO. 07-570
ORIGINAL
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF FEDERAL WAY, WASHINGTON, FIXING
THE PROPERTY TAX AMOUNT FOR THE YEAR OF
2008.
WHEREAS, the City Council ofthe City of Federal Way has met and reviewed all
revenue sources and examined all anticipated expenses and other obligations for the 2007/08
biennium; and
WHEREAS the City Council, in the course of considering the biennium budget,
conducted public hearings on November 6,2007, and November 20,2007 for the proposed
property tax levy for 2008, and proposed revenues expenditures for the biennium; and
WHEREAS the City Council, after hearing and duly considering all relevant
evidence and testimony" determined. that it is 'necessarY -and advisabie to authorize an
increase in regular property tax levy consistent with the limit factor prescribed by RCW
84.55.0101 to discharge the expected expense and obligations of the City; now, therefore,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON, DO 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 property tax for the year 2008
for the purposes of paying expenses and discharge obligations of the City in the amount of
Nine Million, Three Hundred Dollars ($9,300,000).
The levy amount includes (1) an increase in property tax revenue from the previous
year of Thirty-four Thousand Five Hundred and Sixty Seven Dollars ($34,567) or point thirty
eight percent (0.38%), (2) new construction and improvements to property, (3) any increase in
ORD # 07-570
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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. 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 of the application thereof to any person or circumstance, shall
not affect the validity of the remainder of the ordinance, or the validity of its application to
other persons or circumstances.
Section 3. Ratification. Any act consistent with the authority and prior to the
effective date of this ordinance is hereby ratified and affirmed.
Section 4. Corrections. The City Clerk and the codifiers of this ordinance are
authorized to make necessary corrections to this ordinance including, but no limited to, the
correction of scrivener/clerical errors, references, ordinance numbering, section/subsection
numbers and any references thereto.
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 lIL
day of
!:b/41,t-V
,2007.
CITY OF FEDERAL WAY
~~~
. MAYOR, M :AE{ PARK .
ATTEST:
ORD # 07-570
, PAGEl
APPROVED AS TO FORM:
~~tl ~
CITY ATTORNEY, PATRICIA A. RICHARDSON
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
PUBLISHED:
EFFECTIVE DATE:
ORDINANCE NO.:
U/20/07
12/04/07
12/08/07
1 '}/ n/07
07-570
K:\ordinance\2007\2008 property tax
ORD # 07-570
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