The Herald of Everett, Washington
HeraldNet on Facebook HeraldNet on Twitter HeraldNet RSS feeds HeraldNet Pinterest HeraldNet Google Plus HeraldNet Youtube
HeraldNet Newsletters  Newsletters: Sign up  Green editions icon Green editions

Calendar


HeraldNet Headlines
HeraldNet Newsletter Delivered to your inbox each week.


Published: Monday, July 7, 2014, 12:01 a.m.
Property taxes


Quit playing 'value' games

Now that tax assessments are being mailed out, a trip to the Assessor's website by taxpayers might be appropriate. Here in part is what you will find:
“The Assessor does not create market value. Market value is the price a willing buyer and seller would agree to under ordinary circumstances. This does not mean that an individual sale will automatically establish the value of a property. The Assessor uses multiple sales of comparable properties to establish value.”
“The amount of your property tax bill is based upon the costs of your state and local government and voter approved levies. This includes the operating costs of your schools, city, county and taxing districts such as hospital, fire and sewer districts. The assessed value of your property is multiplied by the tax rate necessary in your levy area to produce your fair share of the total levied tax by these jurisdictions.”
You have to love: “This does not mean that an individual sale will automatically establish the value of a property. The Assessor uses multiple sales of comparable properties to establish value,” and “the price a willing buyer and seller would agree to under ordinary circumstances.”
In other words, the assessor is told how much money is needed and then they manipulate the actual sales values to meet that total.
I would think The Herald should investigate how these manipulations actually occur. Frankly, that's the only reason I subscribe to The Herald. In my opinion, that is the purpose of a local newspaper.
Printing the actual statutory and/or regulatory law should be in your article that provides the assessor the authority to manipulate the “real” market value versus the “assessed value.”
Let's quit playing games. Our assessment should clearly state; “market value plus whatever the elected politicians tell us is needed to pay the bills.” In fact, these two numbers should be clearly stated on our assessments.
Gerald Plowman
Arlington
digital subscription promo

Subscribe now

Unlimited digital access starting at 99 cents, or included with any print subscription.

loading...

Herald Editorial Board

Jon Bauer, Opinion Editor: jbauer@heraldnet.com

Carol MacPherson, Editorial Writer: cmacpherson@heraldnet.com

Neal Pattison, Executive Editor: npattison@heraldnet.com

Josh O'Connor, Publisher: joconnor@heraldnet.com

Have your say

Feel strongly about something? Share it with the community by writing a letter to the editor. Send letters by e-mail to letters@heraldnet.com, by fax to 425-339-3458 or mail to The Herald - Letters, P.O. Box 930, Everett, WA 98206. Include your name, address and daytime phone number. (We'll only publish your name and hometown.) We reserve the right to edit letters, but if you keep yours to 250 words or less, we won’t ask you to shorten it. If your letter is published, please wait 30 days before submitting another. Have a question about letters? Contact Carol MacPherson at cmacpherson@heraldnet.com or 425-339-3472.

HeraldNet Classifieds