Seattle Mayor Bruce Harrell has proposed raising a transportation property tax levy on most homeowners by 50 percent to pay for pothole repairs and more.
The mayor announced plans for the eight-year, $1.35 billion transportation levy to be put before voters in November, King5 TV reported. The levy would not affect commercial properties.
The proposed levy — the largest in city history — would replace the current levy, which expires at the end of this year. The current levy, which was $930 million, was passed in 2015.
A $1.35 billion levy would mark an overall increase of 45 percent from nine years ago. But the hike would be slightly more for property owners with homes valued at more than $500,000.
A typical homeowner in Seattle now pays $24 a month for the levy — with the proposed increase bringing the monthly payment to $36, a $12 increase or 50%.
For residents who own a home appraised for under $500,000, the monthly payment will rise by $7. For those who own a home worth more than $1 million, the payment will increase by $14.
According to the levy draft, nearly a third of the money, or $423 million, would be spent on street maintenance, including potholes, corridor improvements, curb and pavement markings and more.
Some $218 million, or 16 percent of the money, would be spent on bridge repairs and maintenance. Another $121 million, or 9 percent, would be spent to improve bus stops and light rail stations.
A $107 million slice would pay for roadway safety upgrades, especially near schools. Vision Zero, the city’s plan to end traffic deaths by 2030, would receive a 150 percent boost in funding.
The city would spend $109 million on sidewalks and crosswalks, $100 million on traffic signals, $94 million on bike safety with up to five new greenways, $57 million on public spaces and $49 million to address climate change
— Dana Bartholomew
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