Ord 97-305
ORDINANCE NO.
97-rb
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
FEDERAL WAY, WASHINGTON, FIXI:NG THE PROPERTY TAX
AMOUNT FOR THE YEAR 1998.
WHEREAS the City Council of the City of Federal Way has
met and reviewed its budget for the 1997/98 biennium; and
WHEREAS the City Council, in the course of considering
the mid-biennium budget adjustment has reviewed all sources of
revenue and examined all anticipated expenses and obligations for
the 1998 calendar year; and
WHEREAS the City Council has determined that, in order to
provide the continued basic service for the City of Federal Way
general governmental services, the City Council finds that there is
a need to increase the regular property tax limit factor according
to the July-June Seattle/Everett CPI-W instead of the U.S. Personal
Consumption Implicit Price Deflator;
NOW, THEREFORE, BE IT ORDAINED, by the City Council of
the City of Federal Way that the limit factor for the regular levy
for the calendar year 1998 shall be 103.7% plus an additional
amount
for the
increase
in assessed yalue resulting from new
construction.
ORD . #97-rb
, PAGE I
(Ç;(Ö)~lf
Section 1.
I&yy.
There shall be and there is hereby
levied against the property in the City of Federal Way, Washington,
a municipal tax for the year 1998 for the purposes of paying the
general expenses of municipal government in the amount of
$6,474,757.00
Section
2.
Seyerability.
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.
Sectjon 3.
Ratificatjon.
Any act consistent with the
authority and prior to the effective date of this ordinance is
hereby ratified and affirmed.
Section 4.
Effectiye Date.
This ordinance shall be
effective January 1, 1998.
PASSED by the City Council of the City of Federal Way
this
;).rd...-
day of
~~
, 1997.
ORD. #~-3:5
, PAGE 2
CITY œ rnE<AL WIlY
//7;:;:.:~~ ~/(;¿
MAYOR, MARLON S. PRIEST
ATTEST:
/7(Œ~~
CITY CLERK, N. CHRISTINE GREEN,CMC
APPROVED AS TO FORM:
~ ~
CITY ATTORNEY, LONDI K. LINDELL
FILED WITH THE CITY CLERK: ll-18-97
PASSED BY THE CITY COUNCIL:l2-o2-97
PUBLISHED: 12-06-97
EFFECTIVE DATE: Ol-ol-98
ORDINANCE NO. 97-305
K, \FIN\BIENNIAL\ORD\TAXLEVY8. weD
ORD. # 97-305
, PAGE 3
ß