|
TAXATION - PROPERTY - LEVY LID LIFTS
Effect of multi-year levy lid lift on the calculation of a taxing district’s levy lid in years subsequent to those covered by the lid lift. If a taxing district gains voter approval for a multi-year property tax levy lid lift as permitted by RCW 84.55.050 and does not specify that the levy is for a limited period of time or for a limited purpose, subsequent levy lids will be calculated using the actual amount levied by the district in the final year of the period covered by the levy lid lift, adjusted thereafter by the statutory limit factor and by any additional factors applicable under the law.
|
|
|
|