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Ordinance No. 20564
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2016 No. 20560 - 20571
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Ordinance No. 20564
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Last modified
6/15/2016 2:05:21 PM
Creation date
6/15/2016 2:00:16 PM
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Council Ordinances
CMO_Document_Number
20564
Document_Title
Ordinance Adopting Amended Urban Renewal Plan for Downtown Urban Renewal Distrcit
Adopted_Date
6/13/2016
Approved Date
6/14/2016
CMO_Effective_Date
7/15/2016
Signer
Piercy
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Report Exhibit F: Table 8 - Impact of Urban Renewal on an <br />Individual Tax Bill <br />Effect of Urban Renewal on Tax Bill for Typical Eugene Home in FY16 <br />Bonded Debt Taxes <br />Taxes <br />Taxes Directed To: <br />Taxes <br />Before UR <br />Taxing <br />Downtown <br />Riverfront <br />After UR <br />$50.59 <br />($0.89) <br />Reallocation <br />Districts <br />UR District <br />UR District <br />Reallocation <br />Difference <br />Education Taxes <br />Eugene School District 4J Bond I <br />3.32 <br />3.26 <br />0.04 <br />0.02 <br />3.26 <br />Eugene School District 4J <br />$901.37 <br />$881.93 <br />$11.86 <br />$7.57 <br />$881.93 <br />($19.44) <br />Eugene School District 4J LOL <br />284.73 <br />284.73 <br />0.00 <br />0.00 <br />284.73 <br />0.00 <br />Lane Community College <br />117.52 <br />115.47 <br />1.25 <br />0.80 <br />115.47 <br />(2.05) <br />Lane Education Service District <br />42.37 <br />41.63 <br />0.46 <br />0.28 <br />41.63 <br />(0.74) <br />Total <br />$1,345.98 <br />$1,323.75 <br />$13.57 <br />$8.66 <br />$1,323.75 <br />($22.23) <br />General Government Taxes <br />City of Eugene <br />$1,329.85 <br />$1,306.37 <br />$14.33 <br />$9.15 <br />$1,306.37 <br />($23.48) <br />Lane County <br />242.84 <br />238.57 <br />2.60 <br />1.67 <br />238.57 <br />(4.27) <br />Lane County Public Safety LOL <br />104.40 <br />104.40 <br />0.00 <br />0.00 <br />104.40 <br />0.00 <br />Eugene U RD owntown District <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />31.09 <br />31.09 <br />Eugene U R Riverfront District <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />23.59 <br />23.59 <br />Total <br />$1,677.09 <br />$1,649.34 <br />$16.93 <br />$10.82 <br />$1,704.02 <br />$26.93 <br />Bonded Debt Taxes <br />City of Eugene Bond I <br />$51.48 <br />$50.59 <br />$0.55 <br />$0.34 <br />$50.59 <br />($0.89) <br />City of Eugene Bond II <br />156.20 <br />155.14 <br />0.00 <br />1.06 <br />155.14 <br />(1.06) <br />Eugene School District 4J Bond I <br />3.32 <br />3.26 <br />0.04 <br />0.02 <br />3.26 <br />(0.06) <br />Eugene School District 4J Bond II <br />292.89 <br />290.45 <br />0.00 <br />2.45 <br />290.45 <br />(2.45) <br />Lane Community College Bond II <br />38.10 <br />37.85 <br />0.00 <br />0.25 <br />37.85 <br />(0.25) <br />Total <br />$542.00 <br />$537.29 <br />$0.59 <br />$4.12 <br />$537.29 <br />($4.71) <br />Total Taxes <br />$3,565.07 <br />$3,510.38 <br />$31.09 <br />$23.59 <br />$3,565.07 <br />$0.00 <br />1 <br />Source: Lane County Assessment & Taxation, Table 4e, Detail of Urban Renewal Plan Areas by Taxing District, <br />Tax Year 2 015-16. Assessed value of $189,821 for typical Eugene home per Lane County Assessor media <br />release dated 10/19/15. <br />* See Chapter 9 "Impact on Overlapping Taxing District Revenues" section for more information on net impact <br />to schools. <br />Report on the 2016 Amendment 31 <br />
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