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Ballot Title of Proposition 1

CITY OF SEATTLE
PROPOSITION 1

The City of Seattle’s Proposition 1 concerns a seven-year property-tax increase for low-income housing assistance.

This proposition would fund affordable housing and other housing needs of low-income households. It authorizes collection of regular property taxes above limits otherwise allowed by state law. It allows $145,000,000 in additional taxes over seven years beginning in 2010, limited to $20,714,286 annually. In 2010, the increase would be up to $0.17 per $1,000 of assessed value. The City’s total regular property-tax rate would not exceed the state law limit of $3.60 per $1,000 of assessed value.

Should this housing levy be approved?

Yes   .....

No    .....

Those in favor shall vote "Yes"; those opposed shall mark their ballots "No".

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Proposition 1
Housing Levy

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