• Taxes in Seattle: A summary

    By: Henry Rosoff

    Updated:

    SEATTLE - Current taxes:

    CITY OF SEATTLE TAXES:

    -          $386 million collected in 2013

    -          $3.29 per $1,000

     

    KING COUNTY TAXES:

    -          $10.51 per $1,000

    -          Includes City of Seattle, King County, Port of Seattle, Seattle Public Schools

    -          Average property owner paid $3,657 in taxes in 2013

     

    CITY OF SEATTLE TAXES in 2013 (breakdown of $386 million/ rate of $3.29)

    -          General:  $223.8 million (rate: $1.91)

    -          Transportation, Bridging the Gap: $41.2 million, passed in 2006 

    -          Families and Education Levy: $32.0 million, passed in 2011 expires in 2019  (rate: 0.27 )

    -          Parks and Green Spaces Levy: $23.9 million, passed in 2008 expires in 2014  (rate: $0.18)

    -          Low Income Housing: $20.4 million, passed in 2009 expires in 2016)  (rate: $0.17)

    -          Libraries for All: $16.8 million, passed in 2012 expires in 2019 (rate: 0.15)

    -          Debt on voted bonds: $16.2 million, changes yearly (rate: $0.139)

    -          Pike Place Market: $12.3 million, passed in 2008 expires in 2014  (rate: $0.09)

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    Seattle parks funding taxing authority, which will be put before voters on the August 2014 ballot:

    -          Would never expire

    -          Could be as high as $0.75 per $1,000

    -          Would raise about $45 million a year

    -          Would cost $148 on average for homeowners, up from about $76 dollars

    -          The Parks Department faces a $267 million maintenance backlog

    -          City would still spend money on parks and own parks

    -          There would be a citizen oversight committee

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