PROPERTY_TAX_page_BN21 w link to informationPROPERTY TAXES
Inside L.O.
School Dist.
Outside L.O.
School Dist. Total
Prior year's actual assessed value, 2018‐19 $7,315,757,246 $382,239,817 $7,697,997,063
Plus estimated increases in assessed value:
General growth @ 3%219,146,207 11,205,149 230,351,356
Estimation for new construction 72,786,029 ‐ 72,786,029
Less urban renewal agency's estimated excess
assessed value over its frozen tax base (383,969,279) ‐ (383,969,279)
2019‐20 estimated assessed value $7,223,720,203 $393,444,966 $7,617,165,169
Tax rate:
Permanent tax rate authority (5.0353 / 4.5884)Gross levy Net Levy
Proposed tax rate levied 4.9703 4.5884 @ 100%@ 94%
2019‐20 permanent taxes levied $35,904,056 $1,805,283 $37,709,339 35,446,000$
2019‐20 bonded debt tax rate and bonded debt levy 0.2461 $1,874,468 1,762,000
Total net levy (estimated current property taxes to be collected, excluding delinquencies) 37,208,000$
Inside L.O.
School Dist.
Outside L.O.
School Dist. Total
Prior year's estimated assessed value, 2019‐20 $7,607,689,482 $393,444,966 $8,001,134,448
Plus projected increases in assessed value:
General growth @ 3%227,904,174 11,541,304 239,445,478
Projection for new construction 75,697,470 ‐75,697,470
Less urban renewal agency's projected excess
assessed value over its frozen tax base (405,418,353) ‐(405,418,353)
2020‐21 projected assessed value $7,505,872,773 $404,986,270 $7,910,859,043
Tax rate:
Permanent tax rate authority (5.0353 / 4.5884)Gross levy Net Levy
Projected tax rate levied 4.9703 4.5884 @ 100%@ 94%
2020‐21 permanent taxes levied $37,306,439 $1,858,239 $39,164,678 36,814,000$
2020‐21 bonded debt tax rate and bonded debt levy 0.2447 $1,936,170 1,820,000
Total net levy (projected current property taxes to be collected, excluding delinquencies) 38,634,000$
Property Taxes
Proposed Fiscal Year 2019‐20 Calculation
Property Taxes
Proposed Fiscal Year 2020‐21 Calculation
https://www.ci.oswego.or.us/finance/property-tax-information
https://www.ci.oswego.or.us/citymanager/annual-tax-and-fee-comparison