The Oregon Special Improvement Project and Assessment (OS IPA) is a comprehensive initiative aimed at evaluating, monitoring, and elevating various aspects of public improvement projects throughout the state of Oregon. With a strong focus on enhancing community development, sustainability, and infrastructure quality, the OS IPA encompasses a wide range of projects that contribute to the overall betterment of Oregon's urban and rural areas. One of the key types of OS IPA is the Transportation and Infrastructure Improvement Project Assessment, which concentrates on examining and improving Oregon's transportation systems, including roads, bridges, public transit networks, and bike lanes. This assessment evaluates existing infrastructure conditions, identifies potential areas for enhancement, and allocates necessary resources to support ongoing maintenance, repair, and expansion. Another significant branch of OS IPA is the Environmental Conservation and Restoration Project Assessment. This type of assessment primarily focuses on preserving and restoring Oregon's natural resources, such as forests, water bodies, wildlife habitats, and protected areas. It involves evaluating the impact of human activities on the environment, implementing sustainable practices, and identifying opportunities for conservation efforts, including reforestation, water quality improvement, and wildlife protection. Furthermore, the Oregon Special Improvement Project and Assessment also encompasses the Community Development and Revitalization Project Assessment. This type of assessment aims to uplift communities and neighborhoods by addressing aspects like affordable housing, economic development, public facilities, and social services. It evaluates current community conditions, identifies areas of improvement, and strives to implement projects that enhance the overall livability and well-being of Oregonians. In order to carry out these assessments effectively, the OS IPA utilizes modern methodologies, data analysis techniques, and the collaboration of various stakeholders, including government agencies, local communities, and experts from relevant fields. The collected data is then used to develop comprehensive improvement plans, set realistic goals, and allocate funding and resources accordingly. Overall, the Oregon Special Improvement Project and Assessment program plays a crucial role in ensuring the sustainable development and enhancement of Oregon's infrastructure, environment, and communities. Through its various types of assessments, it aids in the identification of improvement opportunities, efficient resource allocation, and successful implementation of projects that positively impact the lives of residents and visitors alike.
Oregon Special Improvement Project and Assessment
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However, the renewal and passage of new bonds and levies at a percentage of assessed property value keeps taxes high and leads to yearly increases for homeowners. Check out this Q&A from Oregon Live for an in-depth look at how property taxes are calculated in Portland.
Oregon Property Tax Exemption for People 65 Years of Age and Older Initiative (2020)
If you itemize, you can deduct a part of your medical and dental expenses, amounts you paid for certain taxes, inter- est, gifts to charity, and certain miscellaneous expenses. Don't include items that you deducted elsewhere on your federal or Oregon tax return forms or schedules, such as Schedule C, C-EZ, E, or F.
Q: How much income do I need to make to qualify for EFU farm deferral? A: There is no minimum income requirement in an Exclusive Farm Use zone. Instead, the farming must be done with the intent of making a profit in money. For complete details, please see the flyer ?Assessment of Farmland in an EFU Zone?.
A property's assessed value is the lower of its real market value or its maximum assessed value. Each year, the county assessor determines the property's real market value and calculates its maximum assessed value. You are taxed on the lesser of the two, which is called the assessed value.
Oregon´s Special Assessment of Historic Properties program offers a specially assessed value, calculated by the county assessor, to formally listed National Register properties for a 10-year benefit term.
Maximum Assessed Value (MAV): A term defined by Measure 50 which was approved by Oregon voters in 1997. The maximum (limit) of a property's Assessed Value (AV). MAV is the greater of 103% of the properties AV from the prior year or 100% of the properties MAV from the prior year.
Measure 50, passed in 1997, cut taxes, introduced assessed value growth limits, and replaced most tax levies with permanent tax rates. It transformed the system from one primarily based on levies to one primarily based on rates.