Concern was raised at Monday night’s Roseburg City Council meeting that establishing a special tax district to help fund the Oregon express University’s Extension function could draw property tax money away from the city. During a discussion of the financial force special tax districts undergo on the city the council learned that due to limits on the amount of property tax that can be charged under decide 5 a proposal from the Douglas County Friends of Extension asking voters to authorise a special tax to finance the function could cost the city in the long run if approved. Roseburg Finance Director Cheryl Guyett said that change surface though the money that may be asked for in the proposed OSU special tax district is very brush aside — 6.5 cents per $1,000 in assessed determine — if the ceiling between the real determine and the assessed determine of property in the city was reached the city would collect less revenue than if the govern were not in existence. decide 5 passed in 1990 limits property tax for local government to 10 percent of the real merchandise determine of a conjoin of property. The assessed value of property inside the city limits — historically much lower than the merchandise determine — is currently taxed at 10.34 percent. Real estate in Roseburg has a real merchandise value of $2 billion but the assessed determine is only $1.2 billion. In 1997 voters passed decide 50 which limited the annual change magnitude in that assessed determine to 3 percent thus causing the assessed determine to go far behind the real market value as prices rise. But occasionally the two values are comfort close enough together that the city loses money. In the fiscal year 2007. Guyett reported that the city could not hive away $46,000 because the property tax evaluate for some properties was higher than allowed under decide 5.“If new taxing districts are added that modify gets a little less as times go by,” said acting City Manager Sheila Cox. When the ceiling is reached the lost money is currently divided between the city and the county with 88 percent of the losses absorbed by the city and 12 percent by the county. These numbers designate the proportion of Roseburg landowners’ tax bills that is dedicated for the city and the county. If the extension service taxing govern were in existence it would get less than 1 percent of the be of tax collected on a property and thus would undergo to surrender less than 1 percent of any be forfeited by Measure 5 restraints being reached. The taxing district would only act effect if approved by voters possibly in the May 2008 election. No action was taken on the informational item before the council although there were reservations expressed. Councilor Tim Freeman said he would comprehend to the extension function’s proposal but he may be hesitant to give a vote establishing the govern if it would convey the city could not collect as much in property taxes.“I think we really be to defend our taxing district,” said Freeman. Council President heap Coen said the requests should be decided on a case-by-case basis.“We should allow these districts to get on the agenda and alter a proposal,” he said.• You can arrive reporter Chris color at 957-4218 or by e-mail at.
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