Multnomah County property owners will soon see their real and personal property tax statements and value notices. About 300,000 property owners should receive mailed statements from the Multnomah County Division of Assessment, Recording and Taxation between Oct. 15 and Oct. 25, 2018.
The Multnomah County Assessor is reminding property owners to review their property statements soon. The Division recently replaced its property assessment and taxation software that is used to produce all property tax statements. All prudent and reasonable steps have been taken to ensure the accuracy of the new system.
However, if you do have questions about your statement, we’ve created a hotline to review and respond to any issues in a timely manner. The hotline is 503-988-2565. Please leave a detailed message, including your name, a return phone number, your property identification (i.e. address or account number) and a brief statement about the issue you've observed. We will call you back to discuss your concerns and work to resolve the matter.
For specific property account information (values, taxes, balances due, etc.) please visit www.multcoproptax.com.
Paying your taxes
Taxpayers who pay, or have a postmarked payment, for the full property tax amount by Thursday, Nov. 15, 2018 will receive a 3 percent discount. Please drop your mailed payments early to avoid any problems with postmarking at the post office. Taxes may also be paid without discount in three installments due Nov. 15, 2018, Feb. 15, 2019 and May 15, 2019.
Multnomah County accepts property tax payments:
· By phone: 1-877-542-5990 or online (credit/debit card or e-check) at www.multcoproptax.com(third party fees apply). All forms of payment are accepted in person, however third-party fees will apply to credit card payments.
· By mail: P.O. Box 2716, Portland, Oregon 97208-2716.
· At a dropbox: Located in the Multnomah Building lobby, 501 S.E. Hawthorne Blvd., in Portland. You can drop your property tax check and avoid the wait. When staffed, a receipt for your payment will be provided.
· In person: The Multnomah County Division of Assessment, Recording and Taxation Office is located at 501 S.E. Hawthorne Blvd. in Portland. Tax payments can be made on the first floor in Suite 175 (8:30 a.m. to 4:30 p.m., M-F).
During this time, payments will take longer than normal to post. Please be patient as we work to process all of your tax payments. If your payment has not been processed by Dec. 1, 2018, give us a call.
Remember: all Multnomah County offices will be closed Monday, Nov. 12, 2018 in observance of Veterans Day.
How to appeal
In Oregon, taxpayers may appeal the Real Market Value and/or the Assessed Value of their property with the Board of Property Tax Appeals through Dec. 31, 2018. The Board hears appeals beginning in February and through April 15, 2019. Call 503-988-3326 to receive a petition for appeal or a brochure that outlines the appeal process. Additional forms and information are available at www.multcotax.com or at the office at 501 S.E. Hawthorne Blvd., Suite 175, in Portland.
Tax increases and collection governed by the Oregon Constitution
Voter-approved Ballot Measure 5, Measure 47and Measure 50amended the Oregon Constitution to determine how property taxes are calculated across the state. Assessed values & taxes generally increase 3 percent per year on properties, plus any new bonds or levies approved by voters in a particular area, and minus any expiring bonds or levies. Exceptions apply for new construction. More information on property taxes in Oregon is available from the Oregon Department of Revenue at http://www.oregon.gov/DOR/programs/property/Pages/default.aspx.
Taxes are calculated on the lesser of Maximum Assessed Value (MAV) or Real Market Value (RMV). The result is called Assessed Value (AV). In Multnomah County, the average Assessed Value for single family homes is around 49 percent of Real Market Value but can vary greatly depending on the property and location. Within Multnomah County, no true “typical” example of average assessed value (AV) exists.
Within Multnomah County, tax rates on individual statements also vary because property taxes support 69 local government taxing districts with differing boundaries. These districts include education districts and various branches of local government including cities, Multnomah County, local fire, water and special assessment districts, Metro, TriMet and the Port of Portland. Multnomah County only retains about 22 cents of each dollar collected. The remainder is distributed to other taxing districts.
Countywide, taxes increase just over 5 percent from 2017
The total of all property taxes and special assessments to be collected for all districts in Multnomah County is $1.865 billion for the 2018 tax year, an increase of 5 percent from $1.779 billion in 2017.