Sammamish’s Tax Day of Reckoning has arrived

The Tax Day of Reckoning for Sammamish has arrived.

The City Council tonight may decide whether to adopt a 1% property tax hike, something Councils have avoided for the past eight years.

It could even decide to recapture the eight years of deferrals, or an 8% increase in property taxes, but this is unlikely.

Council Member Don Gerend also suggested the possibility of a utility tax during a study session last night.

Council Member Kathy Huckabay suggested a Transportation Benefit District tax dedicated only to road projects.

Roads driving need for revenue

Why the prospect of any or all these taxes?

Roads.

At a study session last night focusing on traffic concurrency issues, information emerged that whatever Sammamish does to improve its traffic concurrency modeling, it’s going to cost a lot of money.

One option to revise the ways to measure the traffic could cost up to $750,000, said Deputy City Manager Jessi Bon, who quickly said this is a rough estimate.

More to the point, it’s possible that Sammamish taxpayers could wind up on the hook to pay more for existing “deficiencies” in road capacity.

Then there is the $165m list of road projects in the Transportation Improvement Plan that is more than the operating budget can fund.

Finally, there is a recognition that Sammamish has neglected key road and intersection improvements for a decade or more and these chickens have finally come home to roost.

Billions of dollars in other taxes

Any one of all of these are on top of a recent tax hike in the Sammamish Storm Water Management fee.

These come on top of the $27bn tax hike for Sound Transit 3, which will cost the average home in Sammamish about $1,200 a year.

Then there is the McCleary education tax hike, which is projected to cost the average Sammamish homeowner $1,400 a year.

The Issaquah School District will seek voter approval next year for a huge tax levy. The ISD is seeking the maximum tax levy, a move so brash that even normally supportive state legislators oppose it.

And the skyrocketing home values in King County mean higher assessed valuations, which mean higher taxes.

One thought on “Sammamish’s Tax Day of Reckoning has arrived”

  1. Gerend and Huckabay huh? Figures. Taking one last dump on Sammamish before they go — lame duck taxation at its best. After spending well north of $30 million during their tenure on a pool and a school that absolutely nobody needed.

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