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Property taxes dedicated for school funding were capped at $15 per $1,000 of real market value per year and gradually lowered to $5 per $1,000 per year. Property taxes for other purposes were capped at $10 per $1,000 per year. Thus, the total property tax rate would be 1.5% at the end of the five-year phase in period. [2]
Measure 37 undermined the property rights of neighbors. Owners who purchased homes in areas zoned single family residential, or wineries in areas zoned exclusively agricultural, lost the value of their property as Measure 37 claimants were authorized to build large subdivisions, gravel mines, and hotels next to their land. [2] Environmental impact.
Constitutional Amendment Broadening County Debt Limitation 5: Yes 393,789: 278,483 58.58% Yes Leg Government Consolidation City-County Over 300,000 6: No 315,175 464,140: 40.44% Yes Init Bond Issue to Acquire Ocean Beaches 7: No 276,451 503,443: 35.45% Yes Init Constitutional Amendment Changing Property Tax Limitation
Property values in county have increased 9%, according to county appraiser. Tax bills are likely to rise unless millage rates are cut. County property values skyrocketed in 2023 - what drove it ...
This page was last edited on 15 September 2015, at 11:18 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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Multnomah County / m ʌ l t ˈ n oʊ m ə / is one of the 36 counties in the U.S. state of Oregon. As of the 2020 census, the county's population was 815,428. [1] Multnomah County is part of the Portland metropolitan area. The state's smallest and most populous county, [2] its county seat, Portland, is the state's most populous city. [3] Map of ...
If a property’s value increased under 41.5%, people could see a property tax decrease. In 2020 the tax value of homes increased an average of 20% while commercial properties increased an average ...
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