Mukilteo property owners see taxes jump in 2017
Tax bills for Mukilteo property owners are up $310 in 2017 – an increase of 8 percent since 2016.
While taxing districts are seeing taxes rise this year, levy rates are lower as a result of higher assessed values. That rate has fallen from $11.3 per thousand dollars of assessed value in 2016 to $11.12 in 2017.
Countywide, the value of taxable property rose 9.4 percent from $96 billion in 2016 to $105 billion in 2017. Taxes to be collected countywide this year are due to rise 8.2 percent, or $89 million, to $1.175 billion.
County Treasurer Kirke Sievers said his office began mailing tax statements on Feb. 14. Half of the taxes are due by the end of April; the second half is due by the end of October.
Most will see their bills go up this year, with the exception of Arlington. The greatest increases are in Mountlake Terrace, Everett, Woodway and Mill Creek.
Countywide, taxes are up 11.1 percent on average. A major contributor is the Sound Transit 3 measure that passed in November.
That tax, which is set to help pay for the expansion of light-rail and commuter-bus service over the next quarter century, represents the agency’s first-ever property tax, in the amount of $0.25 per $1,000 of assessed value, affecting more than half of tax parcels countywide.
Overall, county voters passed 18 of the 22 property-tax measures on the ballot last year. Half were for school districts, with others for fire and EMS levies and one for a regional transit authority.
The largest portion – more than 43 percent – of a typical tax bill goes to local school districts, while more than 18 percent goes into state coffers for public schools. Cities and towns comprise more than 11 percent, while the county takes nearly 8 percent and fire districts just more than 8 percent.
For more information on how property tax levies are calculated, visit the county Assessor’s website at www.snohomishcountywa.gov/333/Levy.