Monroe hospital champions levy hike
Published 9:00 pm Wednesday, October 8, 2003
A struggling economy has some benefits: a 20-year low in interest rates and good buys on construction.
Officials at Monroe’s Valley General Hospital say those are two reasons why voters should approve a 35-cent increase per $1,000 in property tax assessments for its maintenance and operations levy, since tax dollars would go further.
The levy increase would fund a $47 million bond issue that is part of an overall $64 million, 10-year plan for hospital improvements.
The question will be on the Nov. 4 general election ballot. So far, there’s no announced opposition.
Hospital officials say they proposed the improvements to keep up with growth and upgrade hospital services and technology.
The economy, and voter concern about personal finances, could play a significant role in how people vote on the levy increase, hospital spokeswoman Martha Dankers said.
If the levy increase is approved, the owner of a $200,000 home would pay an additional $70 a year, for a total of $100, for the hospital levy .
Taxpayers currently are paying off a 1990 hospital bond issue, which will drop from 11 cents to 9 cents per $1,000 of assessed valuation next year.
Highlights of the hospital’s $64 million plan include:
The public hospital’s taxing district includes Snohomish, Monroe, Sultan, Gold Bar, Index and surrounding unincorporated areas of the county.
The levy increase needs a simple majority to pass.
Reporter Sharon Salyer: 425-339-3486 or salyer@heraldnet.com.
