3 ms·

The total Seattle property tax is $8.29 per $1000. $.20 is a massive 2% increase.

• WalterBright 3y ago
  $707 million is a massive amount of money.
  • klyrs 3y ago
    That's projected over 7 years, so $101 million per year. The city's annual budget is nearly 6 billion dollars. While $707 million sounds big, it's quite small relatively speaking. If you'd rather criminalize homelessness, build prisons and courts, employ more cops and prosecutors and prison guards, and defense lawyers for the inevitable lawsuits that arise from inhumane treatment, you might want to work up a budget for all that. And tell me where the money is going to come from, in a state with no income tax.
    • WalterBright 3y ago
      The state gets plenty of money in taxes. So does the city - nearly 6 billion dollars.
      • klyrs 3y ago
        Define "plenty." So far your argument has taken the form "this is a big number." It isn't convincing.
  • ianburrell 3y ago
    The tax is $970 million over 7 years, with $707 million for buying and maintaining housing. Remember that each apartment costs something like $200K. That covers acquiring the estimated 3400 apartments plus maintenance for existing ones. The levy is an order of magnitude too small to fix problem. King County has 40,000 homeless. Also, I don't think the levy is for chronic homeless since it doesn't have programs to help them. The problem may be too big for local government and needs federal government to help out.