Levy modifications bring more tax revenues for Cosmopolis
COSMOPOLIS, Wash. – The city of Cosmopolis is getting about $40-thousand more in levy funds, thanks to legislation adopted last year. In the case of Cosmopolis three separate levies are being modified (re-levied), a bond for the fire station will add 9,882.69, an EMS levy will add 106.75, and a general fund levy 34,753.49.
Finance Director Kathy Welch told the city council at last night’s meeting that the county appraisal modified the mills’ value from September 2012 to last month “So we were not able to assess that amount of money, and collect those property taxes on it. It used to be that you were just out, and you couldn’t go back for those taxes that were either refunded or rebated back.” Welch said the money will be collected as an additional levy beginning next year.