Deposit and use of tax proceeds
Seattle Mun. Code § 5.64.030
in effect5.64.030 - Deposit and use of tax proceeds
King County may retain one percent of the proceeds of the taxes collected for the County current expense fund to defray the costs of collection. All remaining proceeds from City taxes collected shall be paid to the Director of Finance and Administrative Services at least monthly and, upon receipt, deposited in the REET II Capital Projects Fund for municipal capital improvements, including those listed in RCW 35.43.040.
(Ord. 125492, § 21, 2017; Ord. 123361, § 165, 2010; Ord. 120794 § 130, 2002: Ord. 116368, § 169, 1992; Ord. 110674 § 1(part), 1982.)
Source: City of Seattle, Seattle Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/wa/seattle/codes/municipal_code?nodeId=TIT5REFITA_SUBTITLE_IITA_CH5.64TASAREES_5.64.030DEUSTAPRFetched: 11/1/2026
