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Page 3 of 7 <br /> <br /> REPORT ID: CELEG3 LEGISLATIVE TRACKING PAGE: 2 <br /> BILLS AND RESPONSE DETAIL RU <br /> DATR'L~ <br /> TIME: 3:, <br /> PM <br /> BILLS SENT DUE DATE SUBJECT PRIORITY RECOMMENDATION <br /> <br /> COMMENTS: THIS BILL WOULD REDUCE THE AMOUNT OF REVENUES THAT <br /> WOULD BE RAISED BY ANY FUTURE NEW URBAN RENEWAL <br /> DISTRICTS. IN ADDITION, IF A CURRENT DISTRICT IS <br /> AMENDED IN THE FUTURE, AS THE CITY PLANS TO DO WITH THE <br /> DOWNTOWN DISTRICT IN 2009, THIS BILL WOULD REDUCE THE <br /> AMOUNT OF REVENUES TO BE RECEIVED BY THAT AMENDED <br /> DISTRICT. IN FY05, THE DOWNTOWN DISTRICT RECEIVES ABOUT <br /> $635,000 AND RIVERFRONT ABOUT $140,000 FROM THE 4J <br /> PERMANENT TAX RATE. <br /> <br /> UNDER CURRENT LAW, CERTAIN URBAN RENEWAL DISTRICTS <br /> (SUCH AS OUR DOWNTOWN DISTRICT) CANNOT GENERATE TAX <br /> INCREMENT REVENUE FROM ANY NEW LOCAL OPTION LEVIES <br /> {SCHOOL DISTRICT OR OTHERWISE) THAT WERE APPROVED BY <br /> VOTERS AFTER 10/01, SO THIS PROPOSED LEGISLATION <br /> DUPLICATES ALREADY EXISTING LAW IN THAT REGARD. <br /> <br /> THIS BILL DOES NOT GUARANTEE THAT SCHOOL DISTRICTS WILL <br /> RECEIVE MORE FUNDING. THE FINANCIAL IMPACT TO SCHOOL <br /> DISTRICTS IS COMPLICATED BY THE STATE-WIDE SCHOOL <br /> FUNDING FORMULA. IF URBAN RENEWAL DISTRICTS DO NOT <br /> GENERATE TAX INCREMENT FROM LOCAL SCHOOL DISTRICT <br /> REVENUES (EXCLUDING LOCAL OPTION LEVIES), THEN THE <br /> SCHOOLS WILL HAVE MORE FUNDING FROM LOCAL PROPERTY <br /> TAXES. THIS MEANS THAT THE STATE CAN SPEND MORE OF ITS <br /> OWN FUNDS EITHER ON SCHOOLS, OR THEY COULD DECIDE TO <br /> SPEND THE ADDITIONAL FUNDS ON ANY OTHER PRIORITY THE <br /> STATE MIGHT DECIDE IS MORE IMPORTANT. <br /> <br /> SB 0420 1/31/2005 2/14/2005 PUBLIC BODIES PRI 2 SUPPORT/AM <br />RELATING RELATING TO THE OREGON GOVERNMENT STANDARDS AND PRACTICES COMMISSION; <br />CLAUSE AND DECLARING AN EMERGENCY. <br /> <br />TITLE DIRECTS OREGON GOVERNMENT STANDARDS AND PRACTICES COMMISSION TO <br /> CHARGE PUBLIC BODIES AMOUNT BASED ON NUMBER OF PUBLIC OFFICIALS <br /> SERVING PUBLIC BODY FOR PURPOSES OF FUNDING ACTIVITIES OF <br /> COMMISSION. <br /> DECLARES EMERGENCY, EFFECTIVE ON PASSAGE. / <br /> <br /> POL <br /> CONTACT RESPONDENT DEPARTMENT UPDATED PRIORITY POLICY NuMRECOP~4ENDATION <br /> <br /> JEROME JERRY <br /> ATTORNEY 2/6/2005 PRI 2 YES III.A.2 OPPOSE <br /> LIDZ LIDZ <br /> <br /> COMMENTS: I AGREE WITH ALL OF MARY WALSTON'S COMMENTS. I RATE IT <br /> A PRIORITY 2 ONLY BECAUSE OF THE IMPORTANCE OF THE <br /> PRINCIPLE THAT THE STATE NOT BALANCE ITS BUDGET ON THE <br /> BACKS OF LOCAL GOVERNMENTS. <br /> <br /> LARRY LARRY <br /> CS-FMS 2/8/2005 PRI 3 YES III.A.2 OPPOSE <br /> HILL HILL <br /> <br /> COMMENTS: I CONCUR WITH MARY WALSTON. <br /> <br />http://ceonline/celeg/reports/BillsDetail.asp 4/1/2005 <br /> <br /> <br />