Tax Rate History and Projections
Historically, Olympia School District has aimed to keep total OSD tax collections under $5 per $1,000 of assessed property value.
Resolution 678, Technology, Safety and Facilities levy is estimating tax rates to be $0.96 to $0.97
per year. The prior tech and safety levy estimated tax rates to be between $0.90 and $0.98.
Every $0.01 change in property tax on a house assessed at $550,000 is about $5.50 per year.
|
Year
|
Bond Levy
|
Tech/Capital Projects Levy
|
EP&O Levy
|
Total
|
|
2010
|
$1.79
|
$0.25
|
$2.18
|
$4.22
|
|
2011
|
$0.99
|
$1.32
|
$2.78
|
$5.10
|
|
2012
|
$0.98
|
$1.52
|
$2.88
|
$5.39
|
|
2013
|
$2.20
|
$0.36
|
$3.16
|
$5.71
|
|
2014
|
$1.81
|
$0.33
|
$3.07
|
$5.21
|
|
2015
|
$1.56
|
$0.60
|
$3.07
|
$5.23
|
|
2016
|
$1.55
|
$0.43
|
$3.04
|
$5.03
|
|
2017
|
$1.86
|
$0.33
|
$3.07
|
$5.26
|
|
2018
|
$1.83
|
$0.31
|
$2.97
|
$5.12
|
|
2019
|
$1.94
|
$0.89
|
$1.50
|
$4.33
|
|
2020
|
$1.84
|
$0.84
|
$2.42
|
$5.09
|
|
2021
|
$1.64
|
$0.87
|
$2.41
|
$4.92
|
|
2022
|
$1.53
|
$0.81
|
$2.22
|
$4.56
|
|
2023
|
$1.22
|
$0.78
|
$1.93
|
$3.92
|
|
2024
|
$1.23
|
$0.90
|
$1.98
|
$4.11
|
|
2025
|
$1.31
|
$0.92
|
$1.92
|
$4.16
|
|
2026*
|
$1.24
|
$0.87
|
$2.17
|
$4.29
|
|
2027*
|
$1.23
|
$0.96
|
$2.16
|
$4.35
|
|
2028*
|
$1.19
|
$0.96
|
$2.15
|
$4.30
|
|
2029*
|
$1.15
|
$0.96
|
$2.11
|
$4.21
|
|
2030*
|
$1.10
|
$0.97
|
$2.05
|
$4.12
|
*Future tax rates are projected based on assessed value assumptions (see Technology, Safety and Facility Replacement Levy: Second Reading for details).