PORT ANGELES — The Port of Port Angeles will collect more than $34,000 extra in property taxes in 2006 because of new construction within its taxing district.
But the Port’s estimated property tax levy will increase only 21 cents — less than 1 percent — per $1,000 of assessed valuation.
Port Finance Director Bill James presented the 2006 property tax resolution and preliminary 2006 budget at Monday’s commissioners meeting.
The Port will collect about $1,174,364 in property taxes during 2006, James said.
The estimated 2006 property tax rate will be 22.23 cents per $1,000 of assessed valuation, or $33 for the owner of a $150,000 home, he said.
The tax rate is up slightly from an estimated 22.02 cents per $1,000 in 2005.
The average for the state’s public ports is 33 cents per $1,000.