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.

1 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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