FIVE YEAR LOCAL OPTION LEVY FOR RIVERDALE FIRE DISTRICT 11JT
QUESTION: Shall the District extend existing special operating levy of $.43 per $1,000 of assessed value for 5 years, beginning 2009-2010? This measure may cause property taxes to increase more than three percent.
SUMMARY: This measure renews local 5 year option adopted November 5, 2002 . This measure authorizes the Board of Directors to levy taxes needed for the annual cost of emergency services provided to Riverdale residents. The District presently operates with the aid of a 5 year local option tax which expires June 30, 2009 . This measure continues the present $.43 per $1,000 local option tax for 5 years beginning 2009-2010. The tax is necessary to pay the contract costs for emergency fire and medical services.
The estimated local option taxes over 5 years are:
2009-2010: $235,584;
2010-2011: $244,602;
2011-2012 $253,965;
2012-2013; $263,687;
2013-2014: $273,781.
The estimated total tax raised over 5 years if the maximum levy is assessed would be $1,271,619.00.
The Board of Directors intends to levy taxes each year only in an amount that meets the District's needs for emergency services. The amount assessed under the prior levy was $.43 per $1,000 for 2004-2005 and 2005-2006 and $.35 per $1,000 for 2006-2007, 2007-2008 and 2008-2009.
EXPLANATORY STATEMENT
This measure proposes continuing a levy of $.43 (43 cents) per $1,000 of assessed valuation to the current $1.2361 bringing the total rate to $1.6661 for the 5 year period. The Board of Directors is of the opinion that a rate of $1.6661 per $1,000 will be necessary to provide emergency fire and medical services by contracting with an adjacent city or fire district. The District presently contracts with the City of Lake Oswego for these services. The permanent tax rate of $1.2361 per $1,000 established by Measure 50 was a substantial reduction of the previous tax rate and is insufficient to supply emergency services to the District.
Submitted by:
Laura J. Walker
Riverdale Rural Fire Department 11JT
No argument FOR or AGAINST this measure were filed.