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Board members warn proposed trust-lands changes could cost junior taxing districts millions over 20 years
Summary
Board members discussed a statewide proposal that could remove about 77,000 acres from junior taxing districts and said local impacts (about 9,000 acres here) could cost junior districts an estimated $234 million in value and $168.8 million in revenue over 20 years, raising concerns about future property tax increases.
Board members discussed a proposal referenced in Washington Communities in Schools that could remove large tracts of land from junior taxing districts and potentially reduce long-term revenue for those districts.
One board member summarized materials distributed to the board, describing roughly 9,000 acres affecting the county's junior taxing districts and citing an estimated 20-year value of $234,000,000 and revenue of $168,800,000. Members said the reduction in assessed land would shift costs and could increase property taxes for local taxpayers. The board noted the county-level revenue advisory committee had already sent letters to state officials and other stakeholders to press the case.
Board members planned to monitor the proposal and advocacy at the county and state level; no formal board action was taken at this meeting.
