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Gig Harbor voters appear to reject property tax proposal, leaving budget deficit looming

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Gig Harbor News

Property Tax,Budget Deficit,Voters

The proposed $0.40 increase would have added about $300 to the property tax bill for a person in Gig Harbor who owns a $750,000 home.

by Joel Moreno, KOMO News ReporterCity leaders in Gig Harbor are scrambling to find another way to make up a $3 million budget deficit after 69% of voters rejected a property tax increase, according to early election results on April 24, 2024. Gig Harbor will need to come up with a new game plan to deal with a looming budget deficit after a proposed property tax increase showed strong opposition in early voting results.

However, preliminary results on Tuesday’s special election showed 69% of voters rejecting the increase. Updated results will be posted after 4 p.m. on Wednesday.

 

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