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YELM & COUNTY TO SEE HIGHER COUNTY PROPERTY TAXES

Nate Hulings reports in The Olympian today:
“Thurston County property owners will begin receiving tax notices early next week, and nearly two-thirds will end up paying more than they did last year, according to the Assessors Office [assessor Steven Drew]…

Drew said some of the highest tax rates in the county can be found in two taxing districts in the Yelm area, where property owners will pay $12.47 and $12.66 per $1,000 of assessed value. According to a county assessor fact sheet, property owners in the City of Yelm will see a significant fire levy tax increase of 83 cents to $1.50 after joining the Northeast Thurston Fire Authority. For a home valued at $250,000, this represents an increase of $207.”

Additionally, Rolf Boone reports in The Olympian:
“Thurston County had 155 closed sales, up 8.93 percent compared to 143 a year earlier. The median price fell 4.47 percent, from $225,000 to $214,550.”

Ed. Note: Median sales price drops equate lower sales-tax receipts.

Posted by Steve on February 10, 2011 at 5:10 pm | Permalink

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