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2 results for “public debt” · minutes

  • Select Committee on 2024 Transportation Levy — Minutes 2024-06-04

    Jun 4, 2024

    ·Seattle, WA
    Minutes

    On June 4, 2024, the Seattle Select Committee on 2024 Transportation Levy held a public hearing on Council Bill 120788, which proposes a regular property tax levy for up to eight years to fund transportation improvements—both capital and operating—with possible debt financing, to be submitted to voters at the November 5, 2024 election. The committee was chaired by Rob Saka with seven members present at the 4:34 p.m. start, joined by two late arrivals (Sara Nelson at 4:37 p.m. and Maritza Rivera at 4:38 p.m.). The bill includes creation of a new oversight committee and applies RCW 84.36.381's senior citizens and disabled persons exemption. The meeting adjourned at 5:56 p.m.

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  • Select Committee on 2024 Transportation Levy — Minutes 2024-05-21

May 21, 2024

·Seattle, WA
Minutes

The Select Committee on 2024 Transportation Levy held a public hearing on May 21, 2024, to discuss Council Bill 120788, which would authorize submission of a transportation levy proposition to Seattle voters on November 5, 2024. The ordinance proposes levying regular property taxes for up to eight years beyond the state-imposed levy limit under RCW 84.55 to fund both capital and operating transportation improvements, with possible debt financing. The measure would create a new oversight committee and apply senior citizens and disabled persons property tax exemptions under RCW 84.36.381. The meeting, chaired by Chair Saka, convened at 4:34 p.m. and adjourned at 5:26 p.m.

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