"If approved, a new property tax will be implemented at a rate of $1.40 per $1,000 of assessed property value, running the average Portland property owner about $310 annually. The current parks levy, which expires at the end of this year, was approved by voters in 2020. The current levy enacted a tax of 80 cents per $1,000 of assessed property value, meaning the average Portland homeowner paid about $177 per year."
"Portland Parks & Recreation expects the new levy to bring in $456 million over its five-year lifespan. Most of the revenue will be directed toward maintaining parks and recreation operations. The new parks levy has been relatively uncontroversial, garnering support from groups including the Portland Metro Chamber and the local chapter of the Democratic Socialists of America. Most Portland City Council members have also come out in support of the measure, with the exception of Councilor Dan Ryan."
Portland voters approved a five-year parks levy with early results showing 53 percent voting yes. As of 8 pm on November 4, 116,813 ballots had been cast in the special election. The levy sets a property tax rate of $1.40 per $1,000 of assessed value, costing the average Portland property owner about $310 annually. The expiring 2020 levy had been $0.80 per $1,000, about $177 per year for the average homeowner. Portland Parks & Recreation projects $456 million in revenue over five years, primarily for parks maintenance and operations. The measure attracted broad support from local groups and most city council members, except Councilor Dan Ryan. Vote counts continue to be tallied.
Read at Portland Mercury
Unable to calculate read time
Collection
[
|
...
]