Discussion to explain local property tax “compression”

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Many community members find the subject of property tax “compression” confusing. Yet, understanding compression is important to understanding the potential impact of additional property tax measures that appear on the ballot.

Southwest Neighborhoods, Inc. (SWNI), a coalition of seventeen neighborhoods in southwest Portland, will host an hour-long conversation on property tax compression, using the library levy as an example. City Economist Josh Harwood and Michael Jaspin from Multnomah County Budget Office will describe how compression works.

The conversation will be held in Room 29 at the Multnomah Arts Center, 7688 SW Capitol Hwy, in the Senior Center on Thursday, June 14th from 10:30am to 11:30am. This will be an open discussion for anyone who would like to attend.

For more information, contact the SWNI office at 503-823-4592, or email: fitzgerald.marianne@gmail.com.

 

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