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A comprehensive look at public finance – what will it look like if all five tax measures pass this November?

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Lake Oswego School District

Five-year local option levy renewal

Operating expenses to maintain teaching positions and current programs

$1.39 per $1,000 of assessed value


Clackamas County — Library District

Permanent property tax

Establish a countywide library service district

$0.3974 per $1000 assessed value


Clackamas County — Extension District

Permanent property tax

Establish agricultural extension district for local farms, forests, food, 4-H

$0.05 per $1000 assessed value


Portland Community College

General obligation bonds, 21 years

Update, expand local educational facilities

32.9 cents per $1,000 assessed value ($374,000,000 total)


Metro

General obligation bonds, 21 years

Protect animal health and safety; conserve and recycle water

Estimated $.09 per $1,000 of assessed value ($125 million total)



SIDEBAR:

Residents of Lake Oswego may not live in Clackamas County or residents of the Lake Oswego School District may actually live in Portland. Here are a few measures from those corners of the Lake Oswego community who may not live within the same political boundaries as the average community member.

To see a more detailed description of the ballot measures online visit Multnomah County’s Web site at www.mcelections.org/2008-11/measure_list.shtml or Washington County’s Web site at www.co.washington.or.us/deptmts/at/election/nov08/filnov08.htm .


City of Portland

Five-year local option levy renewal

Children’s Investment Fund for child abuse prevention, foster children, early childhood and after school programs

$.4026 per $1,000 of assessed value (estimated $14 million)


Riverdale School District

General obligation bonds, 31 years

Improve safety and upgrade, renovate and replace school facilities

Estimated $1.19 per $1,000 of assessed value ($21,500,000 total)


Riverdale Fire District

Five-year local option levy renewal

Contract costs for emergency and medical services

$.43 per $1,000 of assessed value (estimated $1.3 million total)


Washington County

General obligation bonds, 30 years

Exhibition, event, consumer show, entertainment facilities

Estimated $.06 per $1000 of assessed value ($44 million total)



Community Newspaper reporters Lee van der Voo, Anthony Roberts, Christian Gaston and Matthew Graham contributed to this article.



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Reader comments

Re: A comprehensive look at public finance – what will it look like if all five tax measures pass this November?

The national financial pain has just begun. These local measures are not critical and need to be put off until the economy is in much better shape. Vote no on all these measures.

"Linda"

(email verified)

Thu, Oct 09, 2008 at 09:32 AM

Re: A comprehensive look at public finance – what will it look like if all five tax measures pass this November?

Too bad most taxpayer-voters don't read The Review. If they did they'd see how this city's elected elite and friends have driven Lake Oswego's finances right into the ground. And the next 'crisis' will come from falling municipal revenues in both income tax receipts, but especially falling real estate values. One would think they'd see this crisis as cause for vacating the Safeco building in order to save money.

""

(email verified)

Thu, Oct 09, 2008 at 12:39 PM

Re: A comprehensive look at public finance – what will it look like if all five tax measures pass this November?

Tough decision, however I will support the school district for sure. Every year when the ratings come out and LO school district does well I know our investment is doing well. Myself and my family use the library often so I will support that too. But I'm not sure about the other measures.. I need to think about it and look at my entire tax bill.

"Peace"

(email verified)

Thu, Oct 09, 2008 at 04:16 PM

Re: A comprehensive look at public finance – what will it look like if all five tax measures pass this November?

Linda is dead wrong on this one.


You think your property values are sinking a bit now? Vote down the LO School District 5 year option and watch them plummet. All fifteen (15) schools in our city were again rated as exceptional - 2 years running. Who will want to buy your home if the schools are perceived as going downhill, while your water bill doubles by 2015 ?


We are the envy of the State - don't throw that away to save $417 a year. We cannot do much about the water bill, but we can keep our city and property values healthy.


Please THINK about this.

"brian t"

(email verified)

Wed, Oct 15, 2008 at 10:43 PM

Re: A comprehensive look at public finance – what will it look like if all five tax measures pass this November?

"We are the envy of the State - don't throw that away to save $417 a year. We cannot do much about the water bill, but we can keep our city and property values healthy."


The same great minds that tell us confiscating the Safeco building was 'good for the community.'


Time to break the grip of the teacher's union on this city.

""

(email verified)

Fri, Oct 17, 2008 at 09:09 AM

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