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MRSC Insight Blog


Posts for Economic, Population and Historical Tax Data

Implicit Price Deflator Exceeds 1% for Setting 2019 Property Taxes

Implicit Price Deflator Exceeds 1% for Setting 2019 Property Taxes

September 25, 2018 by Toni Nelson
Category: Economic, Population and Historical Tax Data

The rate of inflation on the implicit price deflator for personal consumption expenditures over the past 12 months is 2.169%, meaning local governments may levy the full 1% increase or bank it for future use. 

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Using MRSC’s Tax and Population Data

Using MRSC’s Tax and Population Data

May 17, 2018 by Steve Hawley
Category: Economic, Population and Historical Tax Data

MRSC's Population and Tax Data page contains information on property taxes, sales tax distributions, and population from 2010 to present. This data can help you examine basic financial information and trends within your jurisdiction since 2010 or compare your jurisdiction to nearby or peer jurisdictions.

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CPI Changes for Washington Indices Effective January 1

CPI Changes for Washington Indices Effective January 1

December 14, 2017 by Toni Nelson
Category: Economic, Population and Historical Tax Data

On January 1, 2018, the Consumer Price Index will begin to implement its update for sampling areas. Finance Consultant Toni Nelson looks at how this will impact Washington local governments. 

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Implicit Price Deflator Exceeds 1% for Setting 2018 Property Taxes

Implicit Price Deflator Exceeds 1% for Setting 2018 Property Taxes

September 21, 2017 by Toni Nelson
Category: Economic, Population and Historical Tax Data

As of September 25, the rate of inflation on the implicit price deflator for personal consumption expenditures over the past 12 months is 1.553%, meaning local governments may levy the full 1% increase or bank this capacity for future use. Finance Consultant Toni Nelson discusses the options available to jurisdictions. 

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Implicit Price Deflator Falls Slightly Below 1% for Setting 2017 Property Taxes

Implicit Price Deflator Falls Slightly Below 1% for Setting 2017 Property Taxes

September 29, 2016 by Toni Nelson
Category: Economic, Population and Historical Tax Data

As of September 25, the IPD for personal consumption expenditures over the past 12 months is 0.953%, which means that local governments with a population of 10,000 and greater will have an additional step in the property tax levy setting process if they wish to levy the full 1% increase as allowed by statute or bank this capacity for future use.

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