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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateWashington
Effected JurisdictionCity of Bellevue
Jurisdiction type: Municipality
Fiscal year ending In2021
Program nameMultifamily Tax Exemption
Program purpose: Affordable Housing
Statutory authority: RCW 84.14 and BCC 4.52
Abating jurisdiction(s): City of Bellevue
Applicable taxesSales and use Tax
Method of abatement: Tax Exemption
Provisions for recapture: None
Gross revenue loss: $110,000
Reimbursement / offset: $0
Net revenue loss: $110,000
Type of loss: Active
Document sourcehttps://bellevuewa.gov/city-government/departments/finance/annual-compre...