Seattle mayor signs $480M library levy proposal, doubling amount sought from taxpayers
komonews.com • • business
Key Points:
- Seattle Mayor Katie Wilson has approved a proposed library levy that would more than double the current amount sought from taxpayers, sending the measure to voters in August.
- The new levy would replace the expiring 2019 levy of $219 million with a seven-year proposal totaling $480 million if approved.
- The largest portion of the funding, $229 million, is designated for maintaining library hours and access, with $134 million for building maintenance and $38 million for technology upgrades.
- The levy is expected to raise property taxes by about 19 cents per $1,000 of assessed property value in its first year, increasing the total rate to $3 per $1,000.
- The measure passed unanimously in the Seattle City Council and will appear on the August 4 ballot for Seattle residents.
