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The price of preserving 65,000 acres of natural lands, trails, farmlands, and urban green space in King County averages $22.00/year/ $700,000 assessed property. Photo, Seattle Times, 5/19/2022 Tax will also restore full funding of Conservation Futures West Seattle Blog, May 19, 2022 |
King County Councilmember Reagan Dunn on Thursday issued the following statement in response to a proposal from Executive Dow Constantine that would raise property taxes across King County:
“We cannot again raise taxes on King County residents who are already struggling to make ends meet. A new property tax in particular would raise costs for homeowners and renters alike, even as so many are more vulnerable than ever to losing their housing. Meanwhile, every King County resident is already feeling the financial pain of record-level inflation and the massive rise in gas prices — and there are many economic unknowns on the horizon including the significant risk of a recession. To add to this mounting list of financial burdens at this time is tone deaf.”
-- Press Release, May, 2022
Now for part two on buying 65,000 more acres of land. Which would push the county closer to 70% of the county land mass. The data is a bit fuzzy. Average houses are more than $694,000 so this is artificially low and with the short supply the prices will continue to climb. With inflation highest in 40 years and buying power down - have you recovered from last two days of stock market reports which do not paint a rosey picture for the year - as well as increased assessed values means taxes will put many people in even worst financial situations. Hold onto your wallet although it may soon be empty at this rate. Beware as you read reports and look at data that may be more than a tad biased. Also watch which reporter is reporting… Facebook, 5/20/22
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