Financial Information - 2021 Capital Levy
If approved, the 2021 Capital Levy is capped at $30 million per year for each of the six years starting in 2022.
The chart above shows the current overall Edmonds School District tax rate compared to other area school districts.
If approved by voters on April 27, the overall estimated tax rate for Edmonds School District, including previous voter-approved bonds and levies, would be:
As you’ll see in this graphic, the tax rate for 2021 drops by $0.90. This is because the district paid off previous bonds. The goal was to replace the paid off bonds with new bonds through the 2020 Capital Bond. More than 56% of voters approved the bond, however, the state requires 60% approval to pass a bond. If the Capital Levy is approved in April 2021, the tax rate will increase by approximately $0.68 to $0.79 in 2022. However, the rate is still less than you paid in 2020, 2019 and 2018. The passing of the 2021 Capital Levy would maintain a steady local education tax rate over the next six years.
Where can I get information about property tax exemptions for senior citizens and disabled persons?
State law provides two tax benefit programs for senior citizens and people with disabilities: property tax exemptions and property tax deferrals.
For more information, visit the Snohomish County Assessor’s Office online at www.snohomishcountywa.gov/328/Property-Tax-Exemptions or call 425-388-3540.
