Washington County sends out tax bills
Most Washington County property owners will see modest increases, but some will see increases exceeding 5 percent, in their 2017-18 tax bills that have just been sent out.
Of a total of 193,000 statements, tax officials say 148,000 will have increases of up to 5 percent, and 31,000 will have increases of more than 5 percent. Most of the rest (11,000) will see some decreases.
As elsewhere in the Portland metropolitan area, Washington County's real-market property values, though not the basis for tax bills because of tax limits, continue to grow by 10 percent.
Total taxes collected will amount to $1.081 billion, $60 million more (6 percent) than last year.
County taxpayers will pay a new tax to the Tualatin Soil and Water Conservation District, which won voter approval last fall for a levy of 9 cents per $1,000 of taxable value. Voters in Beaverton approved a bond for work on a public safety center, and voters in the Sherwood and Tigard-Tualatin school districts approved bonds — rates for all of which are outside statewide property tax limits.
For Beaverton, the rate is up 20 cents; Sherwood schools, 50 cents, and Tigard-Tualatin schools, 37 cents.
Although the statewide limits generally restrict growth in property tax bills to 3 percent annually, taxes can go up because of voter approvals of levies and bonds outside the limits, and new construction and improvements that add value to property.
Real market value of property countywide rose 10.5 percent from $101.5 billion to $112.2 billion. Such values have been increasing since 2013, following the economic downturn in 2008.
Assessed value — the basis for most property tax payments — rose 4.9 percent from $59.4 billion to $62.3 billion.
The average residential property grew 9.2 in real market value to $405,308 — and in assessed value, 3.7 percent to $261,070.
Exact amounts vary by area. But education from primary and secondary schools through Portland Community College claim 48.34 percent of all property taxes collected; countywide services, 16.99 percent; city and neighborhood services, including fire districts and the sheriff's enhanced patrol district for urban unincorporated communities, 32.07 cents, and regional services such as TriMet, Port of Portland and Metro, 2.6 percent.
Oregon voters limited overall property tax rates in 1990 — $5 per $1,000 of taxable value for education, $10 for all other agencies combined, excluding bond issues. In 1996 and 1997, they rolled back and then limited growth in taxable values.
Many property owners pay taxes as part of their mortgages. The first deadline for those who pay property taxes separately is Nov. 15; other due dates are Feb. 15 and May 15.
Washington County numbers for assistance are (503) 846-8826 (property values) or (503) 846-8801 (tax collections).
For a link to the Washington County news release on 2017-18 tax bills: