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CB Bain | Thursday Forum Guest Speaker King County Assessor Lloyd Hara | May 15th 830a-10a | Yarrow Bay

Thursday, May 15 8:30a

Hello CBBain,

As real estate values have dropped, there is a natural expectation that your property taxes should drop as well. However, this may not be the case. Depending upon where you live, the specific taxes levied in your area, and local real estate values, it's possible that while the appraised value of your home has decreased, your taxes have increased. That's because about half of your property tax is determined by the levies that you and your neighbors have approved for such services as
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