The city of Seattle is proposing an eight-year, $1.35 billion property tax levy in what would be the biggest financial request of voters of all time.
In a briefing with reporters Thursday, Seattle Department of Transportation leaders said the owner of a median home in Seattle , at $866,000, would end up seeing their monthly property tax rate rise from $24 to $36, which is 50%.
The SDOT laid out their vision to a small group of reporters in a briefing Thursday morning, while also admitting it is a draft that is subject to change. Shepard said the money would be used specifically for mechanical improvements on the “three Ship Canal bridges” with movable spans: Ballard, University and Fremont. She also said the money would be used for structural, but not seismic, improvements to the nearly century-old Magnolia Bridge. When asked for clarity, Shepard told reporters, “The scope of that is not fully defined at this time.”
Shepard said there was no political calculation in asking for an eight-year versus a nine-year extension.
Seattle Seattle Washington United States Fremont Washington Baltimore Maryland United States Washington United States Greg Spotts Bruce Harrell Meghan Shepard Seattle Department Of Transportation Government Of Seattle 2 Line Mayors Of Seattle Transportation In Seattle
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