Note X – Property Tax
The county treasurer acts as an agent to collect property tax levied in the county for all taxing authorities. Collections are distributed (at/after) the end of each month.
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Property Tax Calendar |
|
|---|---|
| January 1 | Tax is levied and becomes an enforceable lien against the properties. |
| February 14 | Tax bills are mailed |
| April 30 | First of two equal installment payments are due |
| May 31 | Assessed value of property established for next year's levy at 100 percent of market value. |
| October 31 | Second installment is due |
Property tax revenues are recognized when cash is received by (city/county/district). Delinquent taxes are considered fully collectible because a lien affixes to the property after tax is levied.
[1] The (city/county/district’s) regular levy for the year 20__ was $__________ per $1,000 on an assessed valuation of $__________ for a total regular levy of $__________.
Washington State Constitution and Washington State law, RCW 84.55.010, limit the rate.
Instructions to preparer:
[1] The levy information in this note should be for the fiscal year being reported.
If your government has any special levies, they should be disclosed separately. For example:
In 20, the (city/county/district) levied also $_____ per $1,000 for (give purpose) for a total additional levy of $_____.
Counties should add the following paragraph and should supplement the note with disclosure of any diverted road levy as authorized by RCW 84.52.043(1)(d).
The county is also authorized to levy $2.25 per $1,000 of assessed valuation in unincorporated areas for road construction and maintenance. This levy is subject to the same limitations as the levy for general government services. The county's road levy for 20__ was $_____ per $1,000 on an assessed valuation of $ for a total road levy of $_____.