What happened to 3% cap on property tax raises? (Baker City: schools, calculated)

[oregon911]

It was always said that in Oregon property tax hikes are capped at 3% but for the last 2 years my property taxes have been rising 10-12% per year. Did they change that rule or something?

The Oregon Constitution limits the rate of growth of property value subject to taxation. The limit is based on a property's maximum assessed value (MAV). MAV can't increase by more than 3-percent each year, unless there are changes to the property, such as the addition of a new structure, improvement of an existing structure, or subdivision or partition of the property.

Each year the MAV and RMV for each property tax account are calculated. The property is then taxed on the lesser of these two values, which is called the "taxable assessed value."

The constitution limits the amount of property taxes that can be collected from each property account. To calculate these limits, taxes are divided into education and general government categories.

If taxes in either category exceed the limit for that property, the taxes are reduced or "compressed" until the limit is reached. Local option taxes are compressed first. If the local option tax is compressed to zero and the limit still hasn't been reached, other taxes in the category are proportionally reduced.

These limits are based on the RMV of the property, not the taxable assessed value.

[karlsch]

Originally Posted by oregon911

It was always said that in Oregon property tax hikes are capped at 3% but for the last 2 years my property taxes have been rising 10-12% per year. Did they change that rule or something?

My local newspaper, the Baker City Herald, explained why this happens in an article last month (scroll up to the top to read the article): https://www.bakercityherald.com/news...ErXlw#comments

[oregonwoodsmoke]

Voters get to increase their own taxes by voting in special additional taxes for things like schools and libraries and counselors for the homeless.

[Silverfall]

Originally Posted by oregonwoodsmoke

Voters get to increase their own taxes by voting in special additional taxes for things like schools and libraries and counselors for the homeless.

^^^This.

Bond measures are not included in the 3% cap.