July 6, 2006
Contact: Jim Avery
Phone: (360) 337-7085
Change-of-Value Notices to Be Mailed
100,000 change-of-value notices will be mailed to
Kitsap County real
property owners on Friday, July 7, 2006. Assessed values shown on these notices
will be the basis for property taxes payable in 2007. As with the past two
years, dramatic increases from the previous year’s assessed value will be
the norm, due to sharp increases in market values. Countywide assessed value, not counting new construction, has
increased by 21%. However, property owners should not conclude that higher real estate
values will result in higher property taxes next year.
"Unless voters choose
otherwise, taxing districts are currently limited to a 1% increase in the total amount they can
collect each year from all their district taxpayers." said Jim Avery, County
Assessor. "Because assessed values
have risen so dramatically of late, levy rates have fallen equally as
dramatically. Most Kitsap taxpayers will pay less than $10 per thousand
dollars of assessed value next year."
far this year, voters in the following taxing districts have approved tax
increases in excess of the 1% for their 2007 property taxes:
District (O&M levy)—25%
School District (O&M levy)—6%
School District (new technology levy)—$1,525,000
School District Facility Bond—$45,000,000
(over 20 years)
School District (O&M levy)—15%
North Kitsap School
District (O&M levy)—5%
South Kitsap School
District (O&M levy)—4%
South Kitsap Fire
and Rescue (levy lid lift)—13%
"It is important for property owners to understand that
anything in excess of a 1% increase was voter approved," reminded Avery.
"County government is limited to the 1% increase."
Owners in disagreement with the newly reported assessed values should
contact the Assessor's Office at 360-337-7160. Appraisers will be standing by to
verify property characteristics and discuss appraiser judgments used in the
assessor’s valuation model.
Seniors (61 and older) and those disabled from gainful employment may qualify for significant property tax relief. If they live in their own home
and make less than $35,000 annually, the Assessor’s staff will happily assist
in the application process.
For more information, please call 360-337-4904, or
visit the Assessor’s website: