Item B: Ordinance on MUPTE - Laserfiche WebLink

Home Browse Search

University Percent of Students Housed in University Housing Arizona 17% California (Berkeley) 20% UCLA 36% Southern California 21% Oregon State 18% Stanford 81% Oregon 22% Washington 23% Washington State 36% The University of Oregon Provost presented a strategic housing plan to the OUS Board in October 2007. The Provost has made a commitment to provide on-campus housing for at least 25% of undergraduates (22% now), and at least 11% of graduates (8% now) in the future. Currently 85% of freshmen live on campus. The U of O is planning to replace and expand much of their existing housing because it is old and obsolete for today’s needs. Public universities typically do not require adult students to live on campus and there are many students who live with parents, commute from nearby communities or are non- traditional (older, married, parents etc.) About one fifth of NW Christian University students live in student housing. The current combined undergraduate and graduate enrollment at the University of Oregon is 20,394, of which over 16,000 are undergraduate students. For planning purposes, the University is projecting modest increases over the next eight years with enrollment at 21,477 in 2016. Can a chart be provided that compares property taxes prior to an approved MUPTE, taxes collected after ten years, and shows how long it takes to recover the lost revenue? Response: Original tax data is not easily available for the older MUPTE projects. Others are not yet on the tax rolls. The following table provides information for the four most recent MUPTE developments that are now being fully taxed. The amount of revenue lost from removed improvements is provided in the third column. The 10- year total is based on the taxes on the removed improvements increasing by an estimated 34% over the ten years. An estimate is provided because actual predictions are difficult because of the peculiarities of Oregon’s property tax system created by Measure 47.