CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE authorizing the levy of regular property taxes by The City of Seattle for collection in 2024, representing an increase above the regular property taxes levied for collection in 2023; and ratifying and confirming certain prior acts.
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WHEREAS, to increase regular property taxes, RCW 84.55.120, as approved by the voters of the State of Washington in "Referendum 47" on November 4, 1997, requires the City to enact a separate ordinance indicating the change in taxes from the previous year in terms of percentage and total amount; and
WHEREAS, The City of Seattle proposes to make its regular property tax levy for collection in 2024 in the amount reflected in the companion ordinance to this bill, which is commonly known as the "Long Property Tax Ordinance"; and
WHEREAS, the Long Property Tax Ordinance for 2024 authorizes an increase above the amount of regular property taxes levied for collection in 2023; and
WHEREAS, pursuant to RCW 84.55.120, after proper notice was given, the City Council held public hearings on October 18, 2023 and November 13, 2023, to consider The City of Seattle's 2024 budget and the regular property tax levy to support it; and
WHEREAS, notice of the City Council's consideration of this ordinance has been provided in the usual manner for other proposed City ordinances; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. Regular property taxes for collection in 2024 are authorized in the amount reflected in the ordinance introduced as Council Bill 120693. Not including increases resulting from the addition of new construction, construction of wind turbine facilities classified as personal property, improvements to property, and any increase in the value of state-assessed property, the regular property tax levy for 2024 collection represents an increase above regular property taxes levied for collection in 2023 (exc...
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