What is Your Property Tax Impact?

For the average home value of $256,600 (as determined by the Snohomish County Assessor’s Office), a levy rate of 44¢ per $1,000 of assessed valuation would be $112.90 per year for four years (while the community plans, designs, approves and constructs a new City Hall), and then $64.15 per year beyond year four for Recreation and Parks. Of the 44¢, the Interim City Hall portion is 19¢ and Recreation & Parks portion is 25¢.