SEATTLE CITY COUNCIL - Record No: CB 120693

• Record No: CB 120693
• Version: 1
• Council Bill No: CB 120693
• Type: Ordinance (Ord)
• Status: Passed
• Current Controlling Legislative Body: City Clerk
• On agenda: 11/21/2023
• Ordinance No: Ord 126947
• Title: AN ORDINANCE relating to the levy of property taxes; fixing the rates and/or amounts of taxes to be levied, and levying the same upon all taxable property, both real and personal, in The City of Seattle, to finance the departments and activities of City government and to provide for the general obligation bond interest and redemption requirements for the year beginning on the first day of January 2024; and ratifying and confirming certain prior acts.
• Sponsors: Teresa Mosqueda
• Supporting documents: 1. Summary and Fiscal Note, 2. Signed Ordinance 126947, 3. Affidavit of Publication

Date	Ver.	Action By	Action	Result
12/1/2023	1	City Clerk	attested by City Clerk
12/1/2023	1	Mayor	returned
12/1/2023	1	Mayor	Signed
11/29/2023	1	City Clerk	submitted for Mayor's signature
11/21/2023	1	City Council	passed	Pass
11/20/2023	1	Select Budget Committee	pass	Pass
10/24/2023	1	City Council	referred
10/19/2023	1	Council President's Office	sent for review
10/18/2023	1	City Clerk	sent for review
9/26/2023	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the levy of property taxes; fixing the rates and/or amounts of taxes to be levied, and levying the same upon all taxable property, both real and personal, in The City of Seattle, to finance the departments and activities of City government and to provide for the general obligation bond interest and redemption requirements for the year beginning on the first day of January 2024; and ratifying and confirming certain prior acts.
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BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. General Municipal and Firefighters' Pension
A. There is levied a tax on all taxable property, both real and personal, within The City of Seattle and subject to taxation under the laws of the State of Washington in the amount of $1,081,045,375, which is calculated as $3.60 per $1,000 of estimated assessed value of all taxable property in the city. This tax is levied for the purpose of raising revenue to finance the various departments and activities of the municipal government of The City of Seattle for the fiscal (calendar) year 2024. The following sentence is provided for information only. This levy has been calculated at the following dollar rates per $1,000 of assessed value: $3.375 for general municipal purposes as allowed by RCW 84.52.043 (which includes up to $0.225 for the Firemen's Pension Fund as allowed by RCW 41.16.060); and $0.225 for general municipal purposes and the Firemen's Pension Fund as allowed by RCW 41.16.060. This levy includes an amount of $100,000 or the highest lawful amount as the King County Assessor may certify, whichever is higher, to recover amounts refunded within the preceding 12 months. This levy also includes an amount of $102,871,387 for transportation purposes in accordance with Ordinance 124796; an amount of $3,000,000 for election vouchers funding purposes in accordance with Resolution 31601 and Seattle Municipal ...