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City of Eugene, Oregon
<br />Ten-Year Trends: Trend in City Taxes
<br />Budget Summary
<br />The Ten Year History of City Taxes chart shows the City of Eugene Operating and Bonded Debt
<br />taxes on a hypothetical home over the last ten years. Beginning in FY05, the median or typical
<br />house value is reported instead of the average house value. The median house value is consistent
<br />with other reported measures and is not influenced. by extreme house prices at the upper end of
<br />the house value spectrum.
<br />Separate local option property tax levies for Library and Youth Services were implemented in
<br />FY00 and FY02 respectively. While these levies expired in FY07, a reduced Library Levy and a
<br />$27.5 million bond measure for parks, athletic fields, and open space preservation were approved
<br />by voters in November 2006.
<br />City taxes (including Urban Renewal taxes) for this hypothetical house, which is assumed to have
<br />no improvements or other changes to-the property, are expected to decrease by 7.3 percent or $95
<br />in FY08.
<br /> TenYear History of City and Urban Renewal Taxes for Typical Home
<br /> Assessed City City
<br />Fiscal
<br />Value of
<br />Operating Bonded Total City URA Total Constant
<br />Year
<br />Typical Home
<br />Taxes Debt Taxes Taxes Taxes FY08 $*
<br /> Taxes
<br />1999 $ 119,502 $ 837 $ 38 $ 875 $ - $ 875 $ 1,107
<br />2000 123;087 901. 41 942 - 942 1,159
<br />2001 135,900 993 95 1,088 - 1,088 1,294
<br />2002 143,300 1,081 71 1,152 - 1,152 1,346
<br />2003 148,300 1,109 73 1,182 - 1,182 1,352
<br />2004** 127,620 1,059 54 1,112 65 1,177 1,317
<br />2005 133,496 1;102 62 1,165 74 .1,239 1,346
<br />2006 137,932 1,139 62 1,200 64 1,264 1,323
<br />2007 143,135 1,179 52 1,231 64 1,295 1,323
<br />2008 Est. 147,429 1,054 83 1,137 63 1.,200 1,200
<br />* Constant $ determined using State of Oregon forecast for U.S. CPI-U.
<br />** First year including Urban Renewal tax data.
<br />** Beginning in FY04, the median house value is used instead of the average house value.
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