Multnomah County property owners will soon receive their property tax statements. The County Assessment, Recording and Taxation Office will mail about 300,000 real and personal property tax statements and value notices to property owners between Oct.15 and Oct. 25, 2017.
Taxpayers will receive a 3 percent discount if the full property tax amount is paid or postmarked by Wednesday, Nov. 15, 2017. Taxes may also be paid without discount in three installments due Nov. 15, 2017, Feb. 15, 2018 and May 15, 2018.
Multnomah County accepts property tax payments by phone at 1-877-542-5990 or online (credit/debit card or e-check) at www.multcotax.org (third party fees apply). If paying in person, the County will accept cash, check or credit/debit cards (third party fees apply). E-checks are not accepted at this time.
Multnomah County is ready to help with questions about property taxes at 503-988-3326 during business hours or online at www.multcotax.org.
Paying your taxes
The Multnomah County Division of Assessment, Recording and Taxation office is located at 501 S.E. Hawthorne Blvd. Suite 175 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).
Payments should be mailed to: P.O. Box 2716, Portland, Oregon 97208-2716. Multnomah County offices will be closed Friday, Nov. 10, 2017 in observance of Veterans Day.
Multnomah County’s property tax information phone number is 503-988-3326. General property tax information is also available at www.multcotax.org. For specific property account information (values, taxes, balances due, etc.) visit www.multcoproptax.org.
How to appeal
In Oregon, taxpayers may file an appeal of the Real Market Value and/or the Assessed Value of their property with the Board of Property Tax Appeals through Jan. 2, 2018. The Board hears appeals beginning in February and can continue through April 15, 2018. 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.org or at 501 S.E. Hawthorne Blvd., Suite 175, Portland.
Tax increases and collection governed by the Oregon Constitution
Voter-approved Ballot Measure 5, Measure 47 and Measure 50 amended the Oregon Constitution to determine how property taxes are calculated across the state. Assessed Values generally increase 3 percent per year on properties. Tax rates will increase based on new bonds or levies approved by voters in a particular area and/or decrease if bonds, or levies, expire. Exceptions apply for new construction. More information on property taxes in Oregon is available from the Oregon Department of Revenue on the property tax page.
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, Assessed Value for single family homes is about 50 percent of Real Market Value on average with variations by property and area. Within Multnomah County, no true “typical” example of average assessed value (AV) exists.
Tax rates on individual statements 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 24 cents of each dollar collected. The remainder is distributed to other taxing districts.
Countywide, taxes increased 11 percent from 2016
The total of all property taxes and special assessments to be collected for all districts in Multnomah County is $1.779 billion for the 2017 tax year, an increase of 11 percent from $1.602 billion in 2016.
The two primary drivers of the larger-than-usual increase in taxes levied are the voter-approved Portland Public Schools bond that went into effect this year, as well as significant new construction of residential, multi-family, commercial and industrial properties.