OLYMPIA, Wash. — A group that opposes a bill in the state Senate they say would triple the allowable annual growth rate of property taxes plan to take their message to the Washington state capitol Thursday morning.
Senate Bill 5770 would allow local governments across the state to increase property taxes by up to 3% a year without voter approval. The current law only allows non-voter approved property tax increases of 1% a year.
The bill states that “property taxes are the primary revenue source for counties, which have responsibility in Washington for public safety and administration of the criminal justice system.”
“Modifying the limitation on the growth of property tax collections will restore the primary tool local officials use to fund law enforcement, fire departments, and other services Washingtonians rely on,” the bill reads.
