Yes. Article VII, Section 2 of the Washington State Constitution limits the regular property tax levy on real and personal property to 1% of its “true and fair value,” or $10.00 per $1,000 of assessed valuation (e.g., $1,000 for a $100,000 home). This is the combined rate for all units of government (state, county, and special districts), but excludes voted levies, such as school special levies and bond issues.
