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Revenue › Bellingham REET — 1st Quarter (RCW 82.46.010)
CITY · REET · RCW 82.46.010
Bellingham REET — 1st Quarter (RCW 82.46.010)
The first 0.25% of the city's Real Estate Excise Tax. Authorized by RCW 82.46.010 for capital facilities, including streets, parks, and capital improvements. Higher AVs and faster turnover both raise REET revenue.
Live
Reet
City
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Latest year
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Cumulative collected
0.25% of property sale price
Current rate
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Years of data
About this revenue source
The first 0.25% of the city's Real Estate Excise Tax. Authorized by RCW 82.46.010 for capital facilities, including streets, parks, and capital improvements. Higher AVs and faster turnover both raise REET revenue.
Authorization
Statutory or ballot basis for this revenue source.
Statutory citation: RCW 82.46.010
Collection history
Year-by-year amount collected as documented in the source ledger (Annual Tax Books for property-tax sources; CAFRs and revenue schedules for others).
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Funds it feeds
Every governmental fund that this revenue source flows into. Allocation percentages are documented where the source materials specify them.
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Real-estate relevance
Direct — scales with property values and turnover
Discussed in meetings
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