Passage of Proposition No. 1 would replace an expiring levy and allow the levy of $10,593,000 in property taxes within Fife School District for collection in 2023, the levy of $11,017,000 for collection in 2024, the levy of $11,458,000 for collection in 2025, and the levy of $12,145,000 for collection in 2026. In accordance with Resolution No. 21-20 approving this proposition, these taxes would be deposited in the Fife School District’s General Fund to pay part of the general expenses of operating the District which are not fully funded by the state. General expenses include employee costs (such as salaries), instructional materials, special programs, activities and sports, transportation costs, maintenance of facilities and other non-capital expenses of operating the District schools. If authorized by the voters, and based on projected assessed valuation information, estimated levy rates per $1,000 of assessed value would be $1.81 (2023 collection), $1.77 (2024 collection), $1.74 (2025 collection), and $1.74 (2026 collection). The exact levy rate shall be adjusted based upon the actual assessed value of the property within the District at the time of the levy.
Exemptions from taxes may be available to certain homeowners. To determine if you qualify, call your county assessor.
