Voters approving Shoreline Proposition 1 by 67%
Wednesday, November 16, 2016
As of November 15, Shoreline voters are passing Shoreline Proposition 1 to fund basic services including police, parks, and community services by 67%. Proposition 1 restores the City’s 2010 maintenance and operations levy, which expires at the end of the year, by increasing the City’s regular property tax levy rate to $1.39 per $1,000 of assessed value, which remains under the $1.60 legal limit.
“On behalf of the City Council, we are grateful for the Shoreline community’s continued support and trust,” Shoreline Mayor Chris Roberts stated. “Restoration of the levy ensures the City will be able to continue to provide the services residents have come to expect.”
Passage of Proposition 1 addresses the financial structural gap for 2017-2022, which is the result of the 1% limit on increasing property tax revenues. Property tax revenue is the City’s largest revenue source, but absent the levy lid lift, the 1% cap prevents it from keeping pace with inflation.
Proposition 1 will help fund current levels of police and emergency services, including neighborhood safety and traffic patrols; maintenance of parks, trails, playgrounds / playfields, and the Shoreline Pool; and community services for seniors, youth, and individuals and families in need.
2 comments:
So on a 400,000 house...which is almost the average cost of a home, it would cost the taxpayer $556 more each year in property tax??? and people wonder why rents are high! Is my Math correct???
The answer to your question is here: http://www.shorelineareanews.com/2016/11/reader-question-what-will-shoreline.html
Post a Comment