Select Committee on the 2016 Seattle Housing Levy
TL;DR
Seattle's City Council held a hearing on a proposed housing levy that would ask voters to approve additional property taxes for seven years to fund low-income housing. The council discussed an ordinance that would place this measure on the August 2, 2016 ballot as a special election. The proposal includes oversight measures and requires annual progress reports to track how the tax money is spent.
Key Decisions
- 2016 Low-Income Housing Levy Ordinance Discussed
- Property Tax Increase for Housing (up to 7 years) Discussed for August 2, 2016 ballot
- Creation of Levy Oversight Committee Included in proposed ordinance
Agenda
- This meeting also constitutes a meeting of the Full Council, provided that the meeting shall be conducted as a committee meeting under the Council Rules and Procedures, and Council action shall be limited to committee business.
- Please Note: Times listed are estimated
- Call To Order
- Public Hearing
- 1. AN ORDINANCE relating to low-income housing; requesting that a special election be held concurrent with the August 2, 2016 primary election for submission to the qualified electors of the City of a proposition to lift the limit on regular property taxes under chapter 84.55 RCW in order to authorize the City to levy additional taxes for low-income housing for up to seven years; providing for interim financing pending tax receipts; creating a levy oversight committee; requiring annual progress reports; providing for implementation of programs with funds derived from the taxes authorized; and ratifying and confirming certain prior acts.Ordinance (Ord)Action: discussed
The Council Bill (CB) was discussed.
- Adjournment
- Untitled item