Ord 02-430ORDINANCE NO. 02-/I-30
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
FEDERAL WAY, WASHINGTON, FIXING THE PROPERTY
TAX AMOUNT FOR THE YEAR 2003.
WHEREAS the City Council of the City of Federal Way has met and reviewed its
budget for the 2003/2004 biennium; and
WHEREAS the City Council, in the course of considering the biennium budget has
reviewed sources of revenue and examined all anticipated expenses and other city obligations for the
city during the year 2003; and
NOW, THEREFORE, BE IT ORDAINED, by the City Conncil of the City of Federal
Way that the increase for the regular levy for the calendar year 2003 shall be 1% plus the increase in
assessed value resulting from annexation and/or new construction at approximately 1% for a total of
2%.
Section 1. Levy. There shall be and there is hereby levied against the property in the
City of Federal Way, Washington, a municipal tax for the year 2003 for the purposes of paying the
general expenses of municipal government in the amount of Seven Million Nine Hu~ndred Fifty
Thousand Dollars ($7,950,000.00).
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
ORD # 02-430 , PAGE 1
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. Effective Date. This ordinance shall take effect and be in force five (5)
days from the time of its final passage, as provided by law.
PASSED by the City Council of the City of Federal Way this /~.,L~ day of
CITY OF FEDERAL WAY
ST: .
CITY CLERK, N. CHRISTINE GREEN,CMC
APPROVED AS TO FORM:
CITY ATTORNEY, PATRICIA A. RICHARDSON
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
PUBLISHED:
EFFECTIVE DATE:
ORDINANCE NO.
K:\ORDIN~TAXLEVY2003
ORD ~ 02-430 , PAGE 2
10130/02
11/19/o2
11/23/02
11/24/02
02-430