A presentation slide titled 'Port's Taxing Authority' outlines the Port of Seattle's tax levy limitations, including the 1% limit factor and 45-cent-per-$1000 assessed value cap. For 2019, the maximum levy under the 1% limit is estimated at ~$104.2 million, while the 45-cent limit allows up to ~$270.9 million, with the Port's actual 2019 rate estimated at 12.3 cents based on a $74.2 million levy.Open full document
Notes
A presentation slide titled ‘Port’s Taxing Authority’ outlines the Port of Seattle’s tax levy limitations, including the 1% limit factor and 45-cent-per-$1000 assessed value cap. For 2019, the maximum levy under the 1% limit is estimated at ~$104.2 million, while the 45-cent limit allows up to ~$270.9 million, with the Port’s actual 2019 rate estimated at 12.3 cents based on a $74.2 million levy.
