The Kitsap County Treasurer collects the property tax levied by the City of Poulsbo and remits it to the City on a monthly basis. The majority of these taxes are received in May and November for taxes payable to Kitsap County twice a year. The property tax is recorded in the City’s General Fund.
|2019 – Property Taxes Paid On Home With An Assessed Value of $300,000|
|Taxing Jurisdiction||Tax Rate||Tax Paid|
|Schools (State & Local)||5.198771||$1,559.63|
|Fire District #18 & EMS Levy||2.030750||$611.25|
The State of Washington collects the 9.0% sales tax paid to vendors doing business within Poulsbo city limits and distributes the City’s portion (1.0%) back to the City on a monthly basis. The sales tax is recorded in the City’s General Fund.
Sales tax is the City’s largest revenue source and, although it is a healthy source of income for the City, the City has historically been very conservative in its estimation.
Utility Taxes are taxes applied to utilities providing services in the City of Poulsbo. These include city-owned and privately-owned utilities. These tax rates are reviewed annually.
Effective Utility Tax Rates:
- Water (6%)
- Sewer (6%)
- Solid Waste (6%)
- Storm Drain (6%)
- Electric (6%)
- Natural Gas (6%)
- Telephone (6%) – exclusive of Internet based services
- Cable Services (6%) – exclusive of Internet based services
The remaining taxes are composed of miscellaneous taxes that include:
Hotel/Motel (Lodging) Tax