Early election results Tuesday night show a proposal to increase property taxes in the city of Edgewood has failed.
The measure would have raised the city’s property tax rate to $1.28 per $1,000 of assessed value. That would have been an increase of about $30 a month for the owner of a $625,000 home, Mayor Dave Olson has said.
So far, 1,957 votes (37 percent) are to approve the levy lid lift, and 3,270 (63 percent) are to reject it. Turnout is at 59 percent, according to the Pierce County Auditor’s Office. The next batch of results is expected to drop at 6 p.m. Nov. 6, but Olson said Tuesday night that there’s not enough ballots left for the measure to pass. Maybe another 1,500 will come in, he said…