Assessed Value / Levy Rate
The District's 2020 assessed valuation is $1,416,577,092 against which taxes are levied for the year 2021 to support operations.
The District's regular tax levy for 2021 is $1,646,134. The regular tax levy rate is $1.16247 per $1,000 of assessed valuation.
The District's Maintenance and Operations Levy was approved by the voters in November, 2020 and is for years 2021, 2022, 2023 and 2024.
The Maintenance and Operations levy for 2021 is $650,000. The M&O tax levy rate is $0.46260 per $1,000 of assessed valuation.
The District refinanced the 2001 GO Bonds and achieved an annual reduction in the bond payments of approximately $22,363 per year for a total savings of $201,266. The final payments for the GO Bonds will be made this year.
The GO Bond Levy for 2021 is $164,000. The GO Bond levy rate is $0.05971 per $1,000 of assessed valuation.
The District's three-year audit was conducted in October of 2018. The following reports were published at the State Auditors' Office on November 5, 2018.
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control or on compliance.
This report contains the results of our independent accountability audit of King County Fire Protection District No. 27 from January 1, 2015 through December 31, 2017.