Passage of Proposition No. 1 would allow Riverview School District No. 407 to renew an expiring levy for educational programs and operations. The proposed levy would authorize collection of supplemental annual excess property taxes of $12,882,801 in 2027, $13,268,589 in 2028, $13,665,950 in 2029, and $14,075,233 in 2030.
If voters approve this proposition, these taxes would be deposited into the District’s General Fund and used to pay for day-to-day school operations to meet student needs not funded by the state, including but not limited to: nurses, counselors, safety and security, instructional materials, athletics and extracurricular activities, specialized programs, transportation, instructional staff, maintenance of facilities, and other non-capital expenses necessary in the operation of the District.
Based on projected assessed valuation information, the District estimates a tax rate for this proposed levy of $1.50 per $1,000 of assessed value for each of the four collection years (2027, 2028, 2029, and 2030). A property tax exemption may be available to certain senior or disabled homeowners who meet specified income limits. For information regarding exemptions, call the King County Assessor at (206) 296-7300.