The agency’s financial planners say the increase would help maintain construction timelines for the planned system extension.
SEATTLE — Sound Transit is considering a 1% property-tax increase next year as the regional transit agency works to close a projected $22 to $30 billion funding gap and keep long-delayed light-rail projects on schedule.
The proposal, discussed Thursday during a public hearing of the agency’s finance and audit committee, would raise the 2026 property-tax levy to $183 million — a 3.8% increase from this year’s levy.
Officials say the change would generate roughly $6 million in new revenue from the statutory 1% adjustment and another $5 million from new
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