TagProperty Tax Levy(67)

Slide 16 from a Port of Seattle presentation titled 'Tax Levy Background and 2018 Update,' featuring the Port of Seattle logo. The slide appears to be a section divider or title slide within a larger briefing document, relevant to Port tax levy policy for 2018.

A Port of Seattle budget presentation slide explaining that King County homeowners pay property taxes based on assessed value, with the 2018 rate at 13.5 cents per $1,000 (totaling an estimated $69 for the median homeowner). A dual-axis line chart shows assessed value versus the Port's millage rate from 2008 to 2018, with the median residence assessment for 2018 noted as $509,000.

This presentation slide details the Port of Seattle's 2018 Tax Levy fund sources and uses, showing total sources of $160.7 million and total uses of $114.4 million, with a projected ending levy fund balance of $46.3 million. Notable uses include a $30 million Transportation and Infrastructure Fund Deposit and $29.4 million in Non-Airport Capital Investments, with bullet points referencing a Harbor Development fund for T-5 redevelopment and a $30 million SR 509 Gateway MOU.

A presentation slide titled '2019 Finance Initiatives' outlines three financial strategies: issuing Revenue bonds to fund a portion of the Airport Capital Improvement Program (CIP), monitoring existing debt for refinancing opportunities at lower costs, and developing Public Private Partnership (P3) strategies for appropriate projects. The slide is numbered 15, indicating it is part of a larger presentation deck likely related to Sea-Tac Airport financial planning.

A Port of Seattle presentation slide showing the Port-wide Revenue Bond Debt Service Coverage forecast from 2019 to 2023, with coverage ratios declining from 1.67x in 2019 to a projected 1.43x in 2023. The slide notes that coverage is primarily driven by Airport debt service coverage, targeted at 1.25x, and serves as a measure of financial sustainability for investors and rating agencies.

A presentation slide titled 'Overall Taxpayer Impact - 2018' showing that the median King County homeowner paid $5,925 in total property tax, with $69 going to the Port. A pie chart breaks down the $5.6 billion in King County property taxes: Local Schools 29.2%, State Schools 27.5%, Municipal 15.4%, County 12.4%, All Other 13.5%, and Port 1.3%.

A Port of Seattle presentation slide (page 20) explaining that King County homeowners pay property taxes based on assessed value, with the 2018 rate at 13.5 cents per $1,000, resulting in an estimated $69 Port tax for the median homeowner (median residence assessed at $509,000). A dual-axis line chart shows assessed value versus the Port's millage rate from 2008 to 2018, illustrating an inverse relationship as assessed values rose and millage rates fell.

A presentation slide showing the Port's tax levy history from 2008 to 2018, noting that the 2018 tax levy is $72 million but worth only $59 million in real dollars due to inflation. A line chart compares the maximum levy (rising to ~$102 million), the actual levy (flat around $72 million), and the inflation-adjusted value (declining to ~$60 million), with the text noting purchasing power has been reduced by $100 million since 2008.

This is slide 26 from a Port of Seattle presentation, serving as a section divider for 'Additional Information.' The slide features the Port of Seattle logo and the organization's branded color scheme of light blue, dark teal, and green.

A Port of Seattle budget presentation slide recommending a 3% annual increase to the tax levy amount over 2019–2023, comparing a flat $72 million levy (total $547M funding capacity) against an annual 3% increase option (total $674M). The slide notes the additional $127 million capacity would come entirely from tax-backed G.O. bonds, and references alignment with King County consumer inflation.