MEASURE NO. 24-09City of SalemReferred to the Voters by the City Council Ballot Title:Three-Year Local Option Tax Levy Authorization QUESTION:Shall City be authorized to levy local option taxes at $0.7344 per $1,000 assessed value for operations beginning 1998-99? 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: This measure may be passed only at an election with at least a 50 percent voter turnout. Authorizes three-year serial levy of ad valorem
property taxes, which would be expended for City of
Salem operations including but not limited to: current
general fund services, restored library services, maintenance
of Riverfront Park and new parks, additional police
officers for traffic enforcement, and services in the
municipal court, legal and finance departments related to
additional police officers. The estimate of the total amount of
money to be raised for each year of the proposed local
option tax is $3,875,940 in 1998-99; $4,030,975 in 1999-00
and $4,192,215 in 2000-01. The estimated three-year total
is $12,099,130. The tax levy is subject to the other
governmental purposes limit of section 11b, Article XI of
the Oregon Constitution.
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