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A condition of the TriMet ordinance permitting the withdrawal was that Wilsonville had to provide replacement transit service for at least one year. [1] The change enabled the city to reduce the rate of the payroll tax levied on area businesses for transit from 0.6 percent to 0.3 percent.
The tax funds Portland school teachers, and art focused non-profit organizations in Portland. [64] The State of Oregon also allows transit district to levy an income tax on employers and the self-employed. The State currently collects the tax for TriMet and the Lane Transit District. [65] [66] Oregon is one of six states with a revenue limit. [67]
TriMet operates a light rail system (MAX Light Rail), the Portland Streetcar, and a commuter rail line (WES Commuter Rail). TriMet is "a municipal corporation of the State of Oregon", with powers to tax, issue bonds, and enact police ordinances and is governed by a seven-member board of directors appointed by the Governor of Oregon. [8]
There's a lot you can be doing now to reduce the taxes you pay next year, based on tax changes for 2011. But did you know it's not too late to reduce the taxes you pay this year, when you file ...
In 2010, free rides became limited to light-rail and streetcar service – no longer covering bus service – and the zone was renamed the "Free Rail Zone". [11] In September 2012, the fareless zone was discontinued entirely, due to a $12 million shortfall in TriMet's annual budget. [12]
By law, the thresholds for the marginal federal income tax brackets must change each year to keep pace with inflation. For 2010, those brackets are as follows: Individual Taxpayers 10% on taxable ...
Molalla withdrew from the TriMet district on January 1, 1989. [2] In the 2001 Fiscal Year (which started on July 1, 2000), the district's budget was approximately $700,000 ($1,205,000 2023). [ 3 ] SCTD is funded by a mix of funds, including an employer payroll and self employment tax levied on employers and the self employed within the district ...
Oregon's unemployment rate was 5.5% in ... The State currently collects the tax for TriMet and the Lane Transit ... Oregon Initiative 71, passed in 2010, mandates the ...