09/22/1986 Meeting - Laserfiche WebLink

Home Browse Search

development and they would be used by the State to reimburse cities if the measure passes. Mr. Gleason said approval of Measure 11 would shift the - burden of taxes to the State because it would have to reimburse the cities. He said the State would probably decrease the amount cities receive from taxes for such things as cigarettes and gasoline. Answering questions from Mr. Miller, Ms. Field said passage of the measure would affect the City indirectly because lottery funds which have been used for improvement of the airport would not be as available for such projects in the future. If Measure 11 and either Measure 7 or 9 passes, the City would reach the tax limit in Measures 7 and 9 sooner than if Measure 11 does not pass because Measure 11 would increase the City's property tax rate. D. Ballot Measure 12--Statutory State Income Tax Changes, Increased Revenue to Property Tax Relief Ms. Field said Measure 12 is a funding mechanism for Measure 11 although there is no direct connection between the two. Either one could fail while the other passes. Measure 12 increases the State income tax to replace revenues lost from the homeowner's and renter's property tax relief in Measure 11. Measure 12 has no property tax or sales tax. It increases the State income tax rate for individuals with incomes over $11,000, increases the corporate excise tax range, and changes depreciation allowances. The intent of its sponsors is to generate the income to fund Measure 11 and the Legislative Revenue Office indicates it will generate enough income to fund Measure 11. Measure 12 is a statutory measure. E. Ballot Measure 14--Prohibits Nuclear Power Plant Operation e Until Permanent Waste Site Licensed Ms. Field said Measure 14 is a statutory measure. It prohibits the operation of nuclear power plants until a permanent radioactive waste disposal site is licensed by the Federal government. Passage of Measure 14 would shut down the Trojan plant which is the only nuclear power plant operating in Oregon now. Ms. Field said Eugene now receives about $6 million annually from Eugene Water and Electric Board (EWEB) in-lieu-of taxes. About $1.5 million comes from revenue received by EWEB for power from the Trojan plant which is sold to the Bonneville Power Administration (SPA). EWES estimates $1 to $1.2 million of the revenue Eugene receives from the sale of power to the BPA would be lost if Measure 14 passes. Answering questions from Mr. Miller, Linda Lynch of the Intergovernmental Relations Division said it is hard to know what would happen if all the measures concerning nuclear power passed. She said Measure 51 phases out and then prohibits the manufacture in Oregon of nuclear weapons or parts of nuclear weapons, but it is hard to know how parts will be used. She said there probably will be legal challenges if the measure passes. She said electrical rates may increase and the increase might discourage companies from locating here. e MINUTES--Eugene City Council Dinner/Work Session-September 22, 1986 Page 3