Washington's property tax system is a budget-based property tax. Although subject to several restrictions, this means that counties and other taxing districts, as part of their annual budget process, must first establish the total dollar amount of property tax revenue they wish to generate for the upcoming year. The county legislative authority and taxing districts within the county must certify to the county assessor the amount of taxes to be levied upon the property for county purposes by November 30th. Once the total dollar amount is established, the county assessor calculates the levy rate based on the total assessed value of all properties in the county or taxing district.
The due date for a county legislative authority to certify the levy amount to the county assessor is changed to December 15th. The due date for taxing districts to certify the levy amount to the county assessor is changed to the first Monday in December.
PRO: This bill makes a logical change to allow the timing in the county's process match the state. This bill corrects a misalignment of dates in statute. The Department of Revenue (DOR) had allowed a workaround in lieu of a statutory change but the Attorney General found that solution inappropriate because DOR is not an election official.