PORT ANGELES — The city will take the largest hit of seven taxing districts affected by the recent settlement of Daishowa America Co. Ltd.’s tax reimbursement lawsuit against Clallam County.
That hit will be passed on in the form of an 11 cent property tax rate hike to city residents.
For residents in county areas, the effect is still being calculated but could be only a fraction of a penny.
“It’s huge for us (in Port Angeles),” city Finance Director Yvonne Ziomkowski said in an interview with the Peninsula Daily News.
“If we couldn’t increase our property tax rate, we would have to cut $142,000 (from the budget). So we probably are affected the most.
“Other taxing districts will collect the amount they budgeted, but we won’t.”
The county’s assessor, Linda Owings-Rosenburgh, has been away on vacation since the surprise news of the tax settlement was announced, and others in her office say they can’t answer the many questions that have been raised in the wake of the announcement.
————-
The rest of the story appears in the Wednesday Peninsula Daily News. Click on SUBSCRIBE at the top of this page to get the PDN delivered to your home or office.
