It was hardly a surprise, but the Spokane Valley City Council voted Tuesday night to once again refuse to take a state-authorized, 1-percent increase in the property tax rate.
The amount would have generated about $110,000 in 2015.
The decision was hardly a shock: Spokane Valley has gone five years without taking the extra revenue. In fact, council members have debated recently whether or not to reduce property taxes by 1 percent.
According to Mark Calhoun, deputy city manager, staff was not recommending the increase as the city is anticipated to collect between $11,239,803 and $11,277,144 on the existing levy rate. The variance between the two amounts, he said, is based on a difference in new construction estimates between the city and the Spokane County Assessor’s Office.
“The county will home in on the figure until late November or early December,” Calhoun said.
The 2015 estimated levy rate of $1.53 in assessed valuation is slightly less than the 2014 levy rate of $1.54.
The council is expected to make the rate official in a second reading planned for Oct. 28.
In other news, the council:
- Unanimously agreed to amend the 2014 Transportation Improvement Plan in order to team with the state Department of Transportation to resurface Sullivan Road from Trent to Wellesley Avenue and a small portion of Wellesley from that intersection to the west. Lighting in the area will also be replaced.
- Unanimously approved a street and stormwater maintenance contract with Poe Asphalt Paving Inc. not to exceed $1,366,663 for 2015.
- Heard from five constituents who said they would not support the city restricting the parking of semitrucks in residential areas. The City Council is expected to take up the issue at its Oct. 28 meeting.