Mill Creek City Council Approves 2024 Property Tax Levy Rate Increase

In a recent decision, the City Council of Mill Creek approved a 1% increase in the 2024 property tax levy rate, now set at $0. 6820 per $1,000 assessed value. This adjustment occurs against a backdrop of declining home values, with the average assessed value in Mill Creek dropping by 8. 8%, compared to a 7. 0% decline across Snohomish County.

Homeowners are urged to familiarize themselves with various tax relief programs managed by the Snohomish County Assessor's Office, which caters to vulnerable groups such as senior citizens and individuals with disabilities. The office also provides property tax exemptions aimed at reducing financial burdens for eligible residents. To assist homeowners and residents, the article links to additional resources that explain how property tax levies are calculated and the specific relief programs available. This information is particularly crucial for residents facing financial challenges due to decreased property values. The article serves as an essential guide for understanding local taxation and financial assistance options, reinforcing its importance to the community.

For further information, residents can access the Snohomish County website, ensuring they remain informed about their property tax obligations and options.