Lakewood, Steilacoom and DuPont public officials agreed Monday night that a flood hazard management plan is necessary, but what remains a hot-button issue is if the special property taxing district should be flat across a county with 860,000 people living in high and low levels of flooding areas.
Three bordering city councils teamed up Monday night at the Steilacoom City Hall building to discuss a as early as this month that would establish a flood zone district creating a property tax rate of 10 cents per $1,000 assessed value.
Pierce County has no flood control infrastructure. There are nearly 12,000 jobs located in flood-prone areas. Interstate 5, Highway 410 and the rail systems are at risk, according to presentation documents. About one quarter of Pierce County commuters—or 80,785—travel north outside of the county to Seattle. Seven percent—or 18,565—represent county workers who live outside the county.
An alternative to the flat tax rate is a tiered system based on flood risk. Lakewood City Councilman Don Anderson said that is one option they'd like to explore. The Rules Committee will discuss that option Jan. 17 and could vote in the creation of the district as early as later this month.
Check back with Patch for the full story Tuesday afternoon.
Here’s the projected timeline for forming a flood control zoning district:
Winter 2012: Boundary Review Board process and the district formation and appointment of advisory committee.
Spring 2012: Possible approval of comprehensive flood control plan and revenue and project options.
Summer 2012: Notification to County Assessor of possible revenue options.
Fall 2012: Board of Supervisors action on revenue and budget.
2013: Revenue collection and project implementation begins.