HomeMy WebLinkAbout123-95 - Res. Supporting Property Tax Reform Legislation RESOLUTION #
SUPPORTING PROPERTY TAX REFORM LEGISLATION
WHEREAS, the real estate market has been experiencing several years of inflation: and
WHEREAS, real estate inflation directly impacts the property tax burden on individual
taxpayers; and
WHEREAS, expanded taxing district formations and levy capabilities have been added by
the legislature; and
WHEREAS, the tax burden on long-time property owners has forced many to live in fear of
losing their family home because taxes continue to increase; and
WHEREAS, the limitations in place now do not adequately protect the homeowner; and
WHEREAS, other states with similar property tax systems and laws have significantly
reduced or eliminated a state property tax levy; and
WHEREAS, the 1995 legislature passed SHB 1957, HB 1022 and ESSB 5000, all of which were
desinged to reduce the state property tax levy; and
WHEREAS, Governor Lowry signed ESSB 5000 which makes a one time reduction in the state
property tax levy of approximately 4.7 percent; and
WHEREAS, Governor Lowry, due to declining revenue forecasts and other reasons, decided
to veto SHB 1957 and HB 1022; and
WHEREAS, Governors Lowry's veto message indicated that he plans to create a task force
interested parties to study both short and long term solutions to the reduction of the
property tax in Washington State,
NOW, THEREFORE, BE IT RESOLVED, that the Mason County Board of Commissioners does
hereby endorse legislation that will systematically reduce and ultimately eliminate the
States's portion of the property tax levy.
Dated this It day of EMbQ, 1995
el
Commissioner Hunter, Chair Con rmInf ner Ca Commissioner. Faughender
Attest: :� C_JZO?- z�
Clerk bf the Board
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