Oak Harbor council eyes 1 percent tax bump

On Wednesday, members of the Oak Harbor City Council will consider a 1 percent increase in the property taxes the city collects.

Under state law, the city can only increase the collection of property tax revenues by the lower of 1 percent or the rate of inflation as set by the implicit price deflator.

The implicit price deflator for 2019 is set at 2.169 percent, according to the city.

The council meeting, which is usually held on a Tuesday, was moved forward one day so it wouldn’t conflict with the election.

Increasing the property tax levy by 1 percent has become a common and usually uncontroversial practice for local governments each year.

For Oak Harbor, the increase will bring in a minimum of $42,608 in additional property tax funds, the city reports. In addition to the 1 percent increase, the city will get additional amounts resulting from new construction and improvements to property.

Also at the meeting, the council will receive a summary of a draft budget for 2019-20 that takes into account requests from different departments.

More in News

Man accused of raping his stepdaughter

An Oak Harbor man is accused of raping his stepdaughter over a… Continue reading

Car thief threatens judge

A car thief who threatened a judge in court was recently sent… Continue reading

New year, sheriff, off to busy start

With a murder and plane crash within the first two weeks of… Continue reading

Boy, 12, brings BB gun, knives to school

A 12-year-old boy could face a criminal charge for bringing a BB… Continue reading

Commissioners may revisit new events regulations

Island County commissioners are considering changes to recently adopted rural event regulations… Continue reading

Carlyle hits the gas on renewable energy bill

By Emma Scher WNPA Olympia News Bureau A bill to transition Washington… Continue reading

Taxation with representation: Senate holds hearing on capital gains tax

By Sean Harding WNPA Olympia News Bureau People representing small business owners… Continue reading

‘Bring Back Our $30 Car Tabs’ initiative could be on November ballot

By Emma Epperly WNPA Olympia News Bureau “Bring Back Our $30 Car… Continue reading

Most Read