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Item C: Metro Pln Amend.Pub Sft
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Item C: Metro Pln Amend.Pub Sft
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(See answers to work session questions No. 8 & No. 12) <br /> <br />11. Is there anything that the cities have that could pre-empt the effects of compression if <br />the Public Safety District levy is approved? (Pape) <br /> <br />It is anticipated that when we work with the cities to obtain resolutions of support, and <br />any necessary intergovernmental agreements, the County and cities would address the <br />impact of compression. <br /> <br /> 12. Is compression based on market value? (Ballew) <br /> <br />Yes, compression is based on the real market value and the Measure 5 limits. Property <br />tax is first computed using assessed value and the billing rates and then compressed <br />using real market value and the $10. O0 government limit. <br /> <br /> 13. As market value fluctuates, doesn't it affect the amount of compression? (Ballew) <br /> <br />Yes, changes in real market value affect the amount of compression. Each year, an <br />increase in real market value beyond 3 percent will decrease compression for most <br />properties. Increases in real market value of less than 3 percent will increase <br />compression., <br /> <br /> 14. What is the tax rate that would generate $20 million for the Public Safety District? <br /> (Ralston) <br /> <br />$1. OO per thousand, based on 2004 values. <br /> <br /> 15. Can the County, independent of the Public Safety District, soften the problem of <br /> compression for fire protection districts, Willamalane, etc.? (Sorenson) <br /> <br />Yes, Lane County can approach the fire districts, Willamalane and other districts and <br />suggest plans to address compression through intergovernmental agreements. <br /> <br /> 16. Can the County give money to other districts or the cities? (Sorenson) <br /> <br />Yes. If Public Safety District funds were used, those funds wouM be limited to expenditure <br />for purposes outlined in the Public Safety District description. <br /> <br /> 17. What will be the effect of compression on the Glenwood Urban Renewal District? <br /> (Lundberg) <br /> <br />District formation and application of the tax rate may have the effect of increasin~ <br />revenue to urban renewal districts. Urban renewal increases compression for the other <br />governmental districts. Urban renewal dollars collected from education districts are <br />moved from the education limit and compressed under the government limit. As a <br /> <br /> Page 8 of 10 <br /> <br /> <br />
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