What is the typical tax change in Clackamas County this year?
Estacada Taxes in the City increased 3.5% and in rural areas 4.5%. The City of Estacada’s bond levy was down 9.5 cents per thousand while the Estacada School bond levy increased 17.5 cents per thousand. Lake Oswego Taxes increased 4.6%. The Lake Oswego School district increased its local option levy 24 cents per thousand and their bond levy was up 6 cents per thousand. . Oregon City Taxes increased 8.7% because city voters approved annexation to Clackamas Fire District #1 ($2.40 per thousand). Some of the increase was offset by a reduction to the City’s permanent rate levy of 90 cents per thousand and their bond levy of 2 cents per thousand. The Oregon City School bond levy was down 7 cents per thousand. There was no Oregon City urban renewal special levy (52 cents per thousand). Portland Taxes did not increase. The City of Portland Police and Fire Pension levy was up 28 cents per thousand but it was more than offset by the expiration of their Local Option levy (79 cents per thousand).
Most property owners will see their taxes increase close to the 3% expected with the typical 3% growth in assessed value. Others will see increases less than 3% as taxing districts levied less for bonded debt or paid debt off. Some will see increases greater than 3% where districts levied more for bonded debt or local option levies. Voters in the Tualatin School District boundary approved a new Aquatic Park District with a permanent rate of 9 cents per thousand and City of Tualatin voters in Clackamas County approved annexation to the Clackamas County Library District with a permanent rate of 39.74 cents per thousand.
