Property tax accounts for almost 1/3 of state and local taxes. Look at your bill to see the distribution of YOUR payment. This is the most important revenue source for public schools, fire protection, libraries, and parks and recreation. The cost of these public services determines the amount of money that is set by individual taxing districts. When the cost of providing these public services increases, so do the budgets of the taxing districts. However, there is a maximum levy rate that may be collected in Washington (unless authorized by voters of the district to be higher) which is a 1% cap on the annual growth in a jurisdiction’s property tax budget. But when new levies are approved by voters, taxes can change dramatically and the cap limitation is only a dream. Frankly I was surprised to read on that “Clark County has one of the highest median property taxes in the United States, and is ranked 257th of the 3143 counties in order of median property taxes.” So, how did Clark County do in the 2020 budget? Property tax went up 1.97% along with additional road tax of 1%. How did they manage that with a 1% cap? The answer is that there was still .97 in banked capacity which they took with the 1% cap!

Reprinted from Karen's column in the Clark County Republican Women's March 2020 newsletter