Times Endorses the Levy
Now this is not exactly "hot off the presses" news because you'd expect it. What is sad/funny to me is the lameness of their argument. "Voters antsy about taxes should not be confused. The levies are not new taxes, but a renewal of expiring ones." And that's true but the district is asking for a lot more money. Last BTA was $178M and this is $270M. I asked the district guy who does the finances for the levy and he said: "You are correct that the BTA III levy amount of $270M is more than the BTA III amount of $178M and that the entire city of Seattle will share in paying for this increase. However, because the total assessed value of the entire city of Seattle has increased even with the recent housing market crises, the tax rate per $1000 assessed value for an individual tax payer has remained steady. " "But the School Board must provide greater accountability and transparency of the district's capital dollars. Taxpayers deserve to k...