Tuesday, May 24, 2011

Oregon Community Passes Local Option Tax Levy by 2 to 1 Margin

Corvallis local option levy passes by wide margin. (Corvallis Gazette Times, 5/17/2011)

Excerpt: The measure will increase the tax rate by 45 cents per $1,000 of assessed property value and is projected to raise about $1.68 million in its first year and $5.6 million in additional property taxes over the next three years to support the library, aquatic center, senior center and social services.

For someone living in a home assessed at the city’s median property value of $178,285, the measure will cost about $80 in annual taxes, or about $6.70 per month.

If the levy had failed, Osborn Aquatic Center and Chintimini Senior Center would have closed indefinitely July 1 and the Corvallis-Benton County Public Library would have closed on Mondays, laid off some staff and significantly cut the materials and supplies budget. Finally, the city’s social services allocations would be dropped

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