The Jefferson Exchange, December 26, 2012 - Hour 1
Property Tax Compression
Changes in Oregon property tax law over the years were meant to keep the bills from changing wildly from one year to the next, as well as to limit the amount taken in by schools and local governments. But caps on the taxation rates can lead to an issue called "compression", which means cities and local districts can end up with less property tax money than they are entitled to. The League of Oregon Cities is keeping an eye on the trend, and some possible legislative solutions.
Our weekly ritual is renewed, as we throw a pair of topics on the table--in theory, unrelated--and open up the phone lines and the email box to gather your take on either or both of the issues. It's VENTSday on The Jefferson Exchange. THIS WEEK: 1) Christmas Day is over... still shopping? Never did? Let's talk materialism and the season. 2) Can we safely cut the money we spend on prisons?