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Published on Friday, February 17, 2017

Property tax bills changing the levy limit heard this week

The Senate Local Government Committee took testimony on SB 5772 that would allow cities and counties to replace the 1 percent property tax limit with a new limit that would account for inflation and population increases. This is identical to the bill that was heard in the House Finance Committee last week (HB 1764).

A number of city elected officials provided testimony explaining why the current 1 percent cap is insufficient to meet growth and demand on city services. Thank you to all the local government leaders who took the time to come to Olympia and tell their stories about this revenue constraint.

Categories: Budget & finance