New Lake Chelan Hospital, the true cost to property owners

Dear Editor, 

FACT: The $20 million bond and interest are the only costs associated with the new hospital that property owners in the Lake Chelan Hospital District are responsible for.

FACT: 55% of hospital district property owners are part time residents who are registered voters in other districts, but they do pay property taxes on the property they own here.

FACT: 55%, or $11 million of the $20 million, and the associated interest, will be paid for by people who own property here but vote elsewhere.

FACT: 45%, or $9 million of the $20 million bond will be paid by paid by our District’s property owners who are full-time residents of the Lake Chelan Valley. 

FACT: The $20 million and associated interest are both calculated into the $ 0.38 per $1,000 of assessed value that property owners will be pay.

Tom Anglin,

Chelan