Marchese Wants Casino $$$$ to Bring Down Tax Rate

By Josh Resnek

Councilor at Large Mike Marchese is calling for the city to use the city’s tax revenues from the casino to bring down the tax rate.

In a measure he will be filing for comment at the next city council hearing on the 14th, Marchese is asking for 75% of the money derived from Encore’s casino and hotel to be used to lower the city’s property taxes.

“What could be better than that?” Marchese told the Leader Herald.

“The revenues from the casino are a once in a lifetime bonanza. Why not use a portion of the income to bring down taxes – to make Everett’s property taxes the lowest in the state!” he added.

Marchese introduced a similar message before the council three years ago.

The measure went nowhere.

Continue reading “Marchese Wants Casino $$$$ to Bring Down Tax Rate”