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MEASURE NO. 24-80 City of Salem Referred to the People by the City Council
Five-Year Local Option Tax for Park Operation Question: Shall the City impose $.14 per $1,000 of assessed value for park operations beginning 2003-2004 for five years? This measure may cause property taxes to increase more than three percent. Summary: The additional tax revenue from this measure would provide the City of Salem funds for the operation and maintenance of new or improved park and recreation facilities hereafter acquired, constructed, improved or upgraded by or on behalf of the City. The requested rate will raise approximately $700,000 in FY2003-2004, $735,000 in FY2004-2005, $770,000 in FY2005-2006, $810,000 in FY2006-2007 and $850,000 in FY2007-2008. |