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The impact fees for Single family residences in Olympia are now raised 7.4% up an average of $746 to balance for the shortfalls in the Olympia school district operational budgets ,The Multi Family Tax Exemption ( MFTE ) for downtown gentrified housing has gifted the 3 Millionaire developers :Walker John ,Pat Rants and Cameron McKinley approx 12.5 million in Property tax savings in the next 8 years of which the Olympia School Districts share of the 12.5 Million is approx 4.5 Million dollars in budgetary shortfalls . Quote :"The Olympia School District, through OSD Assistant Superintendent of Finance and Operations Jennifer Priddy, has proposed an impact fee increase of 7.4% or $446 for single-family homes." Burney noted no proposed change for multifamily and multifamily downtown homes." ( City Manager Jay Burney and the Olympia Council conveniently say no change which means under the MFTE Gentrified housing downtown pays" Zero for school Levy Bonds or facilities for 8 years " ) this is unfair for the OSD and the rest of the taxpayers who pick up the excess OSD budget short falls . This, tax give away to the already wealthy is wrong , the MFTE must be repealed ! Yours , Kim Dobson , TCD former campaign services volunteer and PCO Frye Cove 094