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.
State or Territory: | Washington |
Effected Jurisdiction: | City of Seattle |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2019 |
Program name: | Current Use |
Program purpose: | Conservation of farmland, forest, open space, or water |
Statutory authority: | RCW 84.33.130 and RCW 84.34.010 |
Abating jurisdiction(s): | King County, Washington |
Applicable taxes: | Real Property Tax |
Method of abatement: | Reduction in assessed value |
Provisions for recapture: | When land no longer meets the requirements for the respective classifications, abated taxes and applicable penalties and interest are collected. |
Gross revenue loss: | $46,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $46,000 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |
Document source: | https://www.seattle.gov/city-finance/financial-and-audit-reports/annual-... |