Loading...
ORD 13-753ORDINANCE NO. 13 -753 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, FIXING THE PROPERTY TAX AMOUNT FOR THE YEAR OF 2014. WHEREAS, the City Council of the City of Federal Way has met and reviewed all revenue sources and examined all anticipated expenses and other obligations for the 2013/14 biennium; and WHEREAS the City Council, in the course of considering the biennium budget, conducted public hearings on October 15, 2013, and November 19, 2013 for the proposed property tax levy for 2014, and proposed revenues and 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 advisable to authorized an increase in regular property tax consistent with the limit factor prescribed by RCW 84.55. 101 to discharge the expected expenses and obligations of the City; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Lev . 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 2014 for the purposes of paying expenses and discharge obligations of the City in the amount of Ten Million, Nine Hundred Thousand Dollars ($10,900,000). The levy amount includes (1) an increase in property tax revenue from the previous year of Sixty -two Thousand Four Hundred and Ninety -Five Dollars ($62,495) or point sixty -two percent (0.62 %), (2) new construction and improvements to property, (3) any increase in the value of state Ordinance No. 13 -753 Page 1 of 3 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. 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 3 d day of December, 2013. CITY OF FEDERAL WAY �. 4"O" ... EST ATTEST: &A mcAu 001A CITY CLERK, CARD MCNEIL Y, CMC Ordinance No. 13 -753 Page 2 of 3 APPROVED AS TO FORM: CITY ATTORNEY, PATRICIA A. RICHARDSON FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO.: 11 -12 -2013 12 -3 -2013 12 -6 -2013 12 -11 -2013 13 -753 Ordinance No. 13 -753 Page 3 of 3