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Poulsbo council adopts 2025 property tax levy, using full 1% allowed increase
Summary
The council approved Ordinance 24-16 adopting the city's 2025 property tax levy; staff said the levy uses the full 1% allowable increase plus amounts for new construction and annexation growth, and clarified the council sets the levy amount while the county assessor sets the rate.
Council considered Ordinance 24-16 to adopt the 2025 property tax levy and moved to approve the ordinance during the business portion of the meeting.
Councilmember Lobdell made the motion to approve Ordinance 24-16 and a colleague seconded. During discussion, staff clarified the legal mechanics of the levy: "It is being raised. It is the 1% allowed by, the 1% highest allowable levy increased by 1% as well as recognizing the money we can increase for new construction, annexations," a staff member said, explaining the city is setting the total levy amount while the county assessor calculates the final rate.
The council then voted; the motion carried with recorded aye votes and no opposition, and the ordinance was adopted. Staff noted that raising the levy amount does not automatically set the tax rate to the statutory cap and that a levy lid lift would be required to move to the maximum allowed rate.
The ordinance adoption will be reflected in the county levy certification that instructs the assessor how much total revenue to collect on behalf of the city for 2025.
