Sound Transit board approves property tax increase, cost overruns up to $34.5 billion

[The Center Square]—Residents in King, Pierce and Snohomish counties will pay more in property taxes next year, as the Sound Transit Board of Directors has approved a 1% property tax increase as the agency faces an estimated more than $30 billion in cost overruns on its Sound Transit 3 expansion projects. Sound Transit can raise property […]