City of Spokane

Spokane Municipal Code

***Note: Many local criminal codes can now be located under Chapter 10.60 SMC while others are now cited under the Revised Code of Washington (RCW), which was incorporated into the municipal code in 2022. (See SMC 10.58.010). Code Enforcement, including Noise Control and Animal Regulations are located in Chapters 10.62 through 10.74.

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Title 07
Chapter 07.08
Section 07.08.124
 

Title 07 Finance

Chapter 07.08 Funds

Article II. Special Revenue Funds

Section 07.08.124 Real Estate Excise Tax Fund

  1. Under the authority of RCW 82.46.035(2) there is established a special revenue fund to be known as the “real estate excise tax fund” into which shall be placed all moneys received from the additional one-quarter of one percent excise tax on the sale of real property imposed by Ordinance C31191, SMC 8.14.010(B).
     
  2. Moneys in this fund may be accumulated or expended for the purposes of financing capital projects specified in the capital facilities plan element of the comprehensive plan developed under the Growth Management Act.

Date Passed: Monday, May 7, 2007

Effective Date: Wednesday, June 20, 2007

Recodification ORD C34024 Section 1