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County assessor briefs council on property valuation, senior exemption and net levy rules
Summary
Skagit County Assessor Danny Hagen described Washington’s budget‑based property tax system, assessed value changes in the Anacortes School District and outreach on the senior and disabled‑person exemption program.
Skagit County Assessor Danny Hagen briefed the Anacortes City Council on March 10 about the state’s budget‑based property tax system, the county’s reinspection of the Anacortes School District, and outreach on the senior and disabled‑person property tax exemption program.
Hagen said Washington’s system constrains taxing districts’ budgets and allows assessed values and levy rates to float to meet that budget; since about 2004 the state has limited taxing districts to roughly a 1% regular increase plus new construction unless voters approve an extra levy lid lift. “The only way a taxing district is allowed to increase their budget past that 1% is by going to the will…
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