Oregon City proposes new budget

Oregon City proposes new budget

Oregon City officials are considering a new budget with a potential increase in property taxes.

Oregon City is switching to a two-year budget instead of preparing an annual budget. The longer cycle frees up about 800 staff hours a year and allows employees to work on other projects, said City Manager David Frasher. The state and some cities use two-year budgets.

The budget proposes raising property taxes by 25 cents per $1,000 of assessed property value, or $50 a year on a home with a tax value of $200,000.

Read more at OregonLive.com.

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