City sets Nov. 18 public hearing on property tax levy, revenue sources

The city of Auburn estimates the 2020 property tax levy will be $22.4 million, in addition to new construction and the refund levy.

Finance Director Jamie Thomas estimated the levy rate per thousand of assessed value for 2020 will be about $1.81, a decrease over the 2019 levy rate of $1.92 per thousand.

Because King County will not finalize Auburn’s assessed valuation, new construction and refund levies until the beginning of January, Thomas told the Auburn City Council Monday evening, the city will use preliminary information from King County to make its determination.

King County has preliminarily established the 2020 assessed valuation – including estimated new construction for the city of Auburn – at $12.334 billion, which is an 8.1 percent increase over the 2019 level of $11.414 billion. The total 2020 property tax levy will be distributed to the general fund to support general governmental operations.

A public hearing on the property tax levy and the city’s revenue sources is at 7 p.m., Monday, Nov. 18 at Auburn City Hall. The council expects to adopt the property tax levy that same evening.

Thomas said the city will hold another public hearing on the mid-biennial budget adjustment – the 2020 portion of the biennial budget – and adopt the year-end adjustment at 7 p.m., Dec. 2.

“There’s a lot of moving pieces there,” Thomas said.




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 News

Bret Chiafalo. File photo
Supreme Court says state can punish WA faithless electors

Justices: Presidential electors, including Everett man, must keep pledge to back popular vote winner

Courtesy of the Auburn School District
There will be school this fall in Auburn

The district is working on answering the question: What will it look like?

Pills stolen, windows smashed | Auburn police blotter

Between June 27 and July 3, the Auburn Police Department responded to… Continue reading

Gov. Jay Inslee issued new guidance allowing the resumption of self-service buffets, salad bars, salsa bars, drink stations and other types of communal food sources in Phase 2. File photo
Buffets and salad bars back on the menu in King County

Gov. Jay Inslee has revised rules to allow self-serve food areas in Phase 2 of the state’s reopening.

Brian Tilley (left) and Katie Dearman work the wash station Friday at Kate’s Greek American Deli in Everett. (Kevin Clark / The Herald)
Governor’s no-mask, no-service order begins across Washington

“Just do not ring up the sale,” Gov. Jay Inslee said about customers who do not don the proper masks.

King County homeless count: 11,751 people, up 5 percent from 2019

One night a year, volunteers spread out across Seattle and King County… Continue reading

Stock photo
Free document shredding, mask distribution this weekend in Federal Way and Auburn

Free events, hosted by King County Councilmember Pete von Reichbauer, run July 11 in Federal Way and July 12 in Auburn

Nurse Sylvia Keller, pictured with Gov. Jay Inslee, is on the front lines of the COVID-19 battle in Yakima County. Courtesy photo
Governor doubles down on mask rules

Inslee: Starting July 7, businesses do not serve those who do not wear a mask

Auburn police won’t bust the unmasked — for the most part

Gov. Jay Inslee’s June 24 proclamation mandated the wearing of a face… Continue reading

Most Read