New school bond rate rewards taxpayers
By Terry Murry on Monday, February 28th, 2022 in Columbia Basin News More Top Stories
WALLA WALLA – Walla Walla Public Schools’ tax rates are set to drop by about 42 cents per thousand meaning local taxpayers will see relief this spring. For a home with an assessed value of $250,000, this results in a little over $100 in savings.
The district’s bond rate went down by about 13 cents per thousand to a rate of $1.03 and both state school tax rates have also receded. Increases in the overall assessed value across the region also led to the reduction in rates.
“We pledged to voters during the November 2018 bond election the tax rate would be no greater than $1.23 per thousand,” Superintendent Wade Smith said. “We continue to deliver on our bond promise with rates far less than voters expected.”
The total combined education rate, which includes both local and state school taxes, are $1.22 less per thousand than voters were paying in 2018.
