The City of Bellevue has proposed a ballot measure to fund parks, open spaces, and related purposes. If approved, Proposition 1 authorizes Bellevue to increase its regular property tax levy by up to $0.20 per $1,000 of assessed valuation (AV) in 2023. This lift would continue for 9 years, and the 2023 levy amount would be used to calculate subsequent levy limits within this period. Qualifying seniors, disabled veterans, and others would be exempt, per RCW 84.36.
Of this increase, $0.15 per $1,000 AV would fund seven categories of capital projects: (1) open space, greenways, wildlife corridors, and trails; (2) community parks; (3) neighborhood parks like in Eastgate, Factoria, and Ashwood; (4) recreational and community facilities like aquatics and a cross cultural center; (5) waterfront restoration and development, (6) acquisition and development in areas like BelRed and Wilburton, and (7) off leash areas and emerging sports like cricket and pickleball. The remaining $0.05 per $1,000 AV would fund new and existing maintenance and operations of parks, open spaces, and neighborhood, community, and recreational facilities. The Bellevue City Council will allocate funding among these categories and may revise these categories.
This measure would cost the average owner of a $1M home approximately $16.67 per month or $200 per year for 9 years. If approved, Bellevue’s maximum total rate in 2023 would be up to $1.1944 per $1,000 AV. Bellevue would not be required to levy the maximum rate and could continue to reserve capacity for other City purposes.