Sponsored by Energy Trust

Crook County getting increased property taxes

| Print |  Email
Must Reads
Wednesday, September 11, 2013

Some Crook County homeowners will face a more than 20% increase in their property taxes this year.

The situation was created by provisions tied to Measure 50, which was approved by Oregon voters in 1997 as a way to stabilize tax prices from year to year. The measure set a base point for assessed home values statewide that was 10 percent less than the real market value of each home in 1995.

From 1997 forward, property taxes were set to increase 3 percent each year, no matter how high the real market value went. That steady increase is only interrupted if the real market value drops below the Measure 50 value for that particular year. When that happens, the Measure 50 value is frozen and the property is assessed for taxes based upon the lower real market value.

Read more at The Central Oregonian.

 

More Articles

Corner Office: Marv LaPorte

January-Powerbook 2015
Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


Read more...

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

Justice for All

January-Powerbook 2015
Thursday, December 11, 2014
BY JESSICA RIDGWAY

Lawger upends the typical hourly based fee model by letting clients determine the cost.


Read more...

The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


Read more...

Healthcare pullback

News
Thursday, November 20, 2014
112014-boehnercare-thumbBY JASON NORRIS | OB CONTRIBUTOR

Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).


Read more...

Crowdfunding 2.0

News
Tuesday, December 02, 2014
120214-crowdfund-thumbBY LINDA BAKER

A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS