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Spokane Valley advances first reading of 2026 property tax levy, forgoes 1% increase
Summary
At first reading council advanced Ordinance 25-016 to set the city's 2026 property tax levy at an estimated $14.3 million, roughly $0.79 per $1,000 assessed value; staff said the ordinance does not take the 1% state-allowed increase and that the city has forgone that increase for about 17 years.
The Spokane Valley City Council advanced Ordinance 25-016 on first reading to set the city's 2026 property tax levy, Finance Director Chelsea Walls told the council. Walls said the ordinance, required by state law to levy property taxes, does not take the 1% increase allowed under state statute.…
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