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Form 5495 Renton Washington: What You Should Know

THE ASSESSMENT FUNCTION IN WASHINGTON STATE PURSUANT TO SECTION 21.20.130 A. The City of Renton hereby establishes an assessment district for the assessment function of the city of Renton, Washington. WEST COUNCIL OF RENTON, A. The City of Renton hereby establishes an assessment district for the assessment function of the city of Renton, Washington. ORDINANCE NO.5495 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, BEING AN AMENDMENT TO ORDINANCE NO. 50156, MANDATORY BUDGET FOR THIS ASSESSMENT DISTRICT TO BE  EXECUTED IN WEST COUNCIL OF RENTON, A, WEST COUNCIL OF RENTON, A. COUNTY OF RENTON, AND CITY OF RENTON I. FEDERAL ASSESSMENT DISTRICT STATUTORY STATUS: A. An Assessment District is established for the assessment function of the city of Renton, Washington as provided in ORD 5495. B. This assessment district applies to the entire city of Renton, except for the portion of Renton that was placed under the control of the City of Renton, Washington prior to July 1, 2014. C. This assessment district shall continue until June 30, 2022. II. RENTON STATUTORY STATUS: A. Renton shall have one (1) taxable year. B. The tax rate for property, as measured from the property line, and shall be the rate in effect at October of the third calendar year immediately preceding the proposed year of assessment, at the times and in the manner prescribed in ORD 5495, except as modified by this Act. C. The tax rates for the following property classes shall be the same for all jurisdictions with which the City of Renton has a taxing agreement: 1. Residential: Taxable value per Sq. F.P. for this property class as listed in this Section 2. Occupied: Taxable value per Sq. F.P. for this property class as listed in this Section 3. Vacant: Taxable value per Sq. F.P. for this property class as listed in this Section D.

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