The law would lift the 1% increase limit for cities, counties.
OLYMPIA, Wash. — Since 2001, after voters passed Initiative 747, city and local governments have only been able to raise property taxes 1% a year.
But a bill in Olympia would raise that cap to 3%. Senate Bill 5770 is awaiting a floor vote on the Senate.
City and county officials are requesting the increase.
King County councilmember Girmay Zahilay told lawmakers during a public hearing in January that their budgets cannot keep up with inflation and population growth with 1% property tax increases.
“Without SB 5770, our general fund
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