King County Assessor

NEWS ROUNDUP
6:15 am
Fri February 11, 2011

Friday morning's headlines

Students from Tacoma's Foss High at a recent rally to keep the school open. Last night Superintendent Art Jarvis announced he'll look at other cost-saving options to close a budget gap, rather than temporarily closing the school.
Luan Nguyen-Tran

Making headlines around the Northwest this morning:

  • King County Property Taxes to Rise as Home Values Fall
  • Foss High School Won't Close After All
  • Hempfest Sues Seattle Over Permit Denial

 

Lower Property Values, Higher Taxes

It's a "counter-intuitive" reality according to King County Assessor Lloyd Hara. He tells the Seattle Times that many home owners will see their property taxes go up as the value of their homes goes down. Hara says this reality is primarily the result of new voter-approved levies and bonds. Voters approved 44 tax increases in 2010, 38 of them for schools.

Read more