Pasco City Council Holding Off On Proposed Tax Levy Ordinance
PASCO, Wash. -- The City of Pasco has put off making a decision on the 2013 property tax levy until they have more information.
The city council voted tonight to continue a public hearing for the issue until next Monday. The city is proposing 2 options, to use the one-percent property tax levy rate limit that the state allows or reserve the one percent option for future use.
But first the city wants the numbers from the state to get a more accurate tax levy calculation.
"It's very minor amount, but better to wait and know what that amount is than to forgo it because you can't get it back later. So, we'll wait an extra week to get numbers. It means about 15 to 20-thousand dollars that can be used for additional functions in the city next year. So, it's worth waiting for," Pasco City Manager Gary Crutchfield said.
Next Monday, Pasco City Council will wrap up the public hearing part and take action on the ordinance.
Crutchfield says the ordinance could fix the property tax levy at about $200,000 more than this year more due to new construction growth and existing homeowners will not have to pay more.