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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.

Effected JurisdictionLake Washington School District
Jurisdiction type: School district
Fiscal year ending In2022
Program nameHistoric Preservation Program
Program purpose: Construction/rehabilitation
Statutory authority: Chapter 84.26 RCW
Abating jurisdiction(s): King County
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: Whenever property classified and valued as eligible historic property under RCW 84.26.070 becomes disqualified for the valuation, there shall be added to the tax an additional tax equal to (a) the cost multiplied by the levy rate in King County, Washington
Gross revenue loss: $3,558
Reimbursement / offset: $0
Net revenue loss: $3,558
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://resources.finalsite.net/images/v1692822801/lwsdorg/agiyolrxg0sng...