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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]
Oregon Ballot Measure 37 was a controversial land-use ballot initiative that passed in the U.S. state of Oregon in 2004 and is now codified as Oregon Revised Statutes (ORS) 195.305. Measure 37 has figured prominently in debates about the rights of property owners versus the public's right to enforce environmental and other land use regulations.
The list of Oregon ballot measures lists all statewide ballot measures to the present.. In Oregon, the initiative and referendum process dates back to 1902, when the efforts of the Direct Legislation League prompted amending the Oregon Constitution for the first time since 1859.
The government of Portland, Oregon is based on a mayor–council government system. Elected officials include the mayor, a 12-member city council, and a city auditor.The city council is responsible for legislative policy, while the mayor appoints a professional city manager who oversees the various bureaus and day-to-day operations of the city.
Instead of property taxes, funding had to come from the General Fund. Oregon does not have a sales tax, so money had to be drawn from the General Fund - primarily via the state income tax). [2] Measure 5 also equalized school funding throughout the state, which meant that schools in rural areas benefited while schools in Portland saw budgets ...
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
The local option tax costs 84.5 cents per $1,000 of assessed valuation and funds street and sidewalk repairs in the city. Mayor Mary Schamehorn was ... Bandon voters extend local option tax for ...
The Oregon Tax Court is a state court in the U.S. state of Oregon, which has jurisdiction in questions of law that regard state tax laws. [1] [2] Examples of matters that would come before this court include income taxes, corporate excise taxes, property taxes, timber taxes, cigarette taxes, local budget law, and property tax limitations. [1]
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