Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Island County combines REET funds in code change; online commenter urged affordable-housing use
Summary
Ordinance C59-25 to amend Island County Code ICC 3.04A combined REIT 1 and REIT 2 funds and removed the separate-fund requirement; commissioners agreed to exclude affordable-housing language in the ordinance but said future boards could amend uses.
Island County commissioners unanimously adopted Ordinance C59-25 on Dec. 1 to amend county code governing real-estate excise tax (REET) funds, combining REIT 1 and REIT 2 into a single fund and removing the requirement to keep them separate.
Susan Geiger, director of budget and risk management, told the board recent state legislation allows expanded use of REIT 2 funds to mirror REIT 1. Geiger said the draft ordinance…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
