KHQ
Property taxes for education, exemptions in Washington
Washington raises senior property tax exemption income cap to $74K
Key points (ReadOut summary)
- Current $3.93/$1k rate for $350k home equals $1,375.50; 2026 levy would drop to $3.90
- SB 6162 signed by Gov. Ferguson raises senior income ceiling from $50k to $74k disposable revenue starting 2027
- Three new income tiers will add county/city levy relief beyond state exemption for qualifying seniors
- Standard $7,500/$15k individual/couple deductions replace complex filing rules to simplify applications
- Assessor Tom Konis expects faster processing and fewer abandoned applications for seniors
CHENEY, Wash. — Cheney Public Schools, one of the many school districts putting forward replacement bond and levies on the November 2026 ballot.