New income thresholds for property tax reduction programs

Far more residents will be eligible for assistance in 2020

King County Assessor John Wilson announced Wednesday that low-income senior citizens, individuals with disabilities, and disabled veterans, with 2019 annual incomes below $58,423 may be eligible for property tax relief in 2020 under guidelines published by the state Department of Revenue.

The previous threshold had been $40,000.

Applications for the expanded programs will be available in January 2020.

The change is the result of passage of ESSB 5160, sponsored by Sen. Manka Dhingra, D-45th Legislative District, during the 2019 legislative session. The bill significantly expands the number of people eligible for the existing property tax exemption and deferral programs by replacing the statewide $40,000 threshold with an income level equal to 65 percent of the county median income. In King County, that threshold is $58,423.

“This legislation is literally going to help people stay in their homes,” Wilson said. “Beginning with next year’s taxes, tens of thousands of our neighbors will get the help they need.”

ESSB 5160 expands the qualifying income thresholds for the property tax exemption and deferral programs for low-income senior citizens, individuals with disabilities, and disabled veterans, beginning with taxes levied for collection in 2020. It also lowers the disability rating necessary to qualify as a disabled veteran for exemption program from a 100 percent rating to an 80 percent rating.

The Assessor’s website includes the latest information on implementation of these programs at kingcounty.gov.




Talk to us

Please share your story tips by emailing editor@auburn-reporter.com.

To share your opinion for publication, submit a letter through our website https://www.auburn-reporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in Business

New Auburn bakery Pie Style captures magic of family tradition

‘World still needs good food,’ says owner.

Stock photo
Union files charges against QFC, Fred Meyer over Black Lives Matter button ban

Grocery store workers condemn ban; QFC spokesperson says wristband options available to employees

Facebook purchases unused Bellevue REI headquarters

The companies will also each donate $1 million to the Eastrail

Photo courtesy of Downtown Auburn Cooperative Main
Auburn businesses plug along in teeth of pandemic

You see an empty store front, an empty warehouse. A COVID-19 closure,… Continue reading

Best of Auburn 2020: There’s still time to vote!

Voting has begin for the Best of Auburn 2020! Visit the Auburn… Continue reading

Don Brunell
Coronavirus comeback for Alaska Airlines?

It is no secret that airlines were clobbered by the coronavirus pandemic.… Continue reading

File Photo
LA Fitness to reopen all locations Aug. 10

Gyms will follow state guidelines

Stock photo
New program to help ensure safe start compliance in restaurants, taverns

Launched by Public Health – Seattle & King County

REPORTER FILE PHOTO
Auburn gives out financial aid to small businesses

Six weeks have passed since Economic Development Manager Doug Lein and his… Continue reading

Face masks save lives and jobs across Washington

Wearing a mask saves lives and saves jobs. And all across the… Continue reading

COVID-19 pandemic claims Corestar Pilates

Ruth Stover started keeping Auburnites nimble at her Corestar Pilates studio on… Continue reading

Blackfish Distillery among more than 100 small businesses to receive checks

On the list to receive $1,300 checks from the Department of Commerce… Continue reading