Spokane Streets Levy, Proposition 1
The city of Spokane is asking voters for a levy to continue the street rehabilitation program it started a decade ago. The first 10 years of projects was paid for using bond. City leaders say they prefer to move forward using a levy that would pay off the remaining debt approved by voters in 2004 and pay for new projects. Officials say a levy will allow the city to do more because it won’t have to pay interest on new projects. The levy would cost the owner of a $100,000 property $57 a year, but the city says taxes won’t actually increase because property owners no longer will have to pay remaining debt on the 2004 street bond.