Stayton Library/Pool Three-Year Local Option Tax Levy Authorization

Question: Shall Stayton levy $100,000 annually ($60,000 for library operations and $40,000 for pool operations) for three years beginning 1999-2000? The proposed taxes are to be imposed over a period of three years. This measure may cause property taxes to increase more than three percent.

Summary: Stayton City Council proposes a three-year local option tax levy totaling $300,000 beginning 1999-2000 fiscal year.

This proposed levy would generate sufficient revenue for the annual operating expenses for Staytons Library and the Stayton Family Memorial Pool for the three fiscal years 1999 through 2002: $60,000 annually for Library operations and $40,000 annually for Pool operations. The proposed levy would not be used for any purpose other than the operating expenses for the Pool and Library.

If the proposed levy is approved, all users including community groups, schools, and seniors, will have a reasonable level of access to the facilities.

The estimated rate increase is .4039 percent for the first year. The estimated tax cost for this measure is an ESTIMATE ONLY based on the best information available from the county assessor at the time of estimate.