GENERAL PROPERTY TAX INFORMATION:
The City's General Fund operating budget relies on property taxes for approximately 60% of its total budget. Measure 50 created a State property tax system which moved local governments from a dollar-based tax system to a rate-based tax system. The City currently has a permanent tax rate of $3.6665 per $1,000 of assessed property value. The City tax rate funds City services. Other agencies, including the County and Schools, also have tax rates for their services. All of these rates combine to represent a full property tax assessment that is reflected in the annual property tax statements, provided by Washington County Assessment and Taxation, due to the assessor by November 15th of each tax year.
Additionally, the City has a voter-approved five year Local Option Tax (LOT) of $1.72 per $1,000 of assessed property value, specifically for Police, Fire, and Parks & Recreation maintenance services. The total tax rate, including the LOT for City services, is $5.3865 per $1,000 of assessed value. Local option tax levies are five-year levies. The levy was first approved by voters in 1998. The current levy goes through FY 2017-18.
For more information about property taxes visit Washington County Assessment and Taxation.