Working today with our future in mind. Summary of Assessment & Tax Roll. Department of Assessment & Taxation

Transcription

1 Summary of Assessment & Tax Roll Department of Assessment & Taxation Working today with our future in mind.

2 Table of Contents General Information Page(s) Your Tax Dollar at Work... 1 Average Tax Rate and Taxes Imposed... 2 Property Value History...35 Total Current County Value and Taxes Extended... 6 Measure 5 Compression Loss by District... 7 Tax Rate History for Washington County...89 Measure 50 History Top 20 Taxpayers for Washington County Information by District District Value by Property Type Property Taxes Imposed by District and Measure 5 Category Detail of Taxing District Levies (See Table of Contents on next page) Tax Rate by District Taxable Value by District Certified Levies by District Tax Base by District Special Levies by District Bond and Interest By District Add Tax by District Percentage of Tax Distribution Special Assessment Taxes Extended/Percentage Distribution Information by Tax Code Area Tax Codes Detail Districts and Value Tax Rate by Code Area References and Guides Directory of School District and City Codes Glossary of Terminology i

3 Table of Contents for Taxing District Levies County, Regional, Special Page Washington County Washington County After 22 Enhanced Sheriff Patrol District.. 23 Urban Road Maintenance District. 24 Rainbow Lanes Special Road District.. 25 Metro Service District Metro Service District After 27 TriMet. 28 Port of Portland Tualatin Hills Park & Recreation Tigard Tualatin Aquatic District Urban Renewal Portland Development Commission Cities City of Banks City of Beaverton. 34 City of Cornelius. 35 City of Durham City of Forest Grove. 37 City of Gaston.. 38 City of Hillsboro.. 39 City of Hillsboro Phase In.. 40 City of King City.. 41 City of Lake Oswego 42 City of Lake Oswego Bond.. 43 City of North Plains.. 44 City of Portland.. 45 City of Portland After. 46 City of Rivergrove. 47 City of Sherwood. 48 City of Tigard.. 49 City of Tigard After 50 City of Tualatin 51 City of Wilsonville Fire Districts Banks Fire District. 53 Cornelius RFPD Forest Grove RFPD.. 55 Gaston RFPD Tualatin Valley Fire & Rescue 57 Tualatin Valley Fire & Rescue After 58 Washington County RFPD #2. 59 Washington County RFPD #2 After 60 Water Districts Page Clean Water Services 61 Raleigh Water District. 62 Rivergrove Water District.. 63 Tualatin Valley Water District. 64 West Slope Water District Wolsborn Water District.. 66 Community College Portland Community College. 67 Portland Community College After 68 Education Service Districts Clackamas ESD Multnomah ESD 70 NW Regional ESD.. 71 Willamette ESD 72 School Districts Banks School District # Beaverton School District # Forest Grove School District # Gaston School District # Hillsboro School District #1. 77 Hillsboro School District #1 After. 78 Lake Oswego School District #7 79 Newberg School District # Portland School District # Portland School District #11 After.. 82 Scappoose School District # Sherwood School District # Sherwood School District #88 After 85 Sherwood School District Bond Pocket 86 TigardTualatin School Dist. # TigardTualatin School Dist. After. 88 TigardTualatin School Dist. Bond. 89 Vernonia School District # West Linn School District # West Linn School District #101 After.. 92 Grand Total for all Districts. 93 ii

4 Your Tax Dollar at Work Regional Services 3.18% Washington County 17.94% Education 47.67% Special Districts 16.13% Cities 15.08% I, Rich Hobernicht, Director of Assessment and Taxation for Washington County, State of Oregon, hereby certify that the assessed valuation, tax levies and taxes set forth in the tables herein contained are full, true and correct copies of the originals and of the whole thereof, as the same appears in my custody. In Witness Whereof, I have hereunto affixed my signature at Hillsboro, Oregon, on the 2nd day of November, Rich Hobernicht, Director Department of Assessment and Taxation Page 1

5 Washington County Average Tax Rate CountyWide (Total Taxes Divided by Total Assessed Value) Tax Rate Tax Year * Prior to FY 0809, the Average Tax Rate was computed by taking Total Taxes divided by Total Assessed Value minus Urban Renewal Excess. This number can be found on Line 17 of the Washington County 4a. Starting with FY 0809, the Average Tax Rate is computed by taking Total Taxes divided by Total Assessed Value. Total Assessed Value can be found on Line 13 of the Washington County 4a. Dollars (in Millions) General Government Education Unlimited (Bonds) Total Taxes Property Taxes Imposed CountyWide by Measure 5 Categories Tax Year Page 2

6 Assessed Value Residential vs. Other Use Residential Only All Other Use Total Assd 35 Value (in Billions) Tax Year Year Residential ** % of Total Other * % of Total 1011 $30,443,058,910 65% $16,358,809,327 35% 0910 $29,490,701,579 65% $15,908,780,983 35% 0809 $28,255,859,525 64% $15,607,262,324 36% 0708 $26,824,099,250 64% $14,872,584,180 36% 0607 $25,310,882,408 64% $14,268,706,309 36% 0506 $23,861,223,040 63% $13,769,630,200 37% 0405 $22,529,913,586 63% $13,263,068,607 37% 0304 $21,233,205,064 62% $13,025,084,269 38% 0203 $20,103,008,072 61% $12,936,649,934 39% 0102 $18,738,280,030 61% $12,172,964,063 39% * Not reduced by Urban Renewal Excess Value. ** Residential includes Rural Residential, Farm, and Forest properties. Page 3

7 Property Value (By Class) 40 Total Assessed Value (in Billions) Real Market Value (RMV) Measure 5 Value (M5) Assessed Value (AV) 5 0 Residential Rural Residential Commercial Industrial Apartment Farm Forest Utility Personal Property Property Class Property Class RMV M AV Residential 38,660,973,440 38,656,452,920 27,693,890,150 Rural Residential 1,692,933,110 1,686,306,450 1,094,455,280 Commercial 10,623,642,450 10,623,642,450 6,346,466,290 Industrial 8,520,759,260 4,256,453,820 3,710,385,340 Apartment 4,417,365,350 4,417,365,350 2,983,880,440 Farm 2,966,849,890 1,498,670,550 1,049,191,450 Forest 1,693,491, ,484, ,522,030 Utility 1,542,784,249 1,542,784,249 1,536,640,970 Personal Property 1,864,951,143 1,781,496,063 1,781,436,287 Total 71,983,750,402 65,313,656,702 46,801,868,237 Page 4

8 Average Residential RMV* and Assessed Value RMV / M5 Value Assessed Value Value (in Thousands) Tax Year Tax Year Average Real Market Value * Average Assessed Value 1011 $289,239 $207, $304,110 $200, $333,119 $193, $343,670 $187, $317,278 $181, $251,548 $175, $229,583 $169, $218,299 $163,887 Typical residential properties are used to calculate the averages for Real Market Value, M5 Value, and Assessed Value each year. These are improved residential properties with a living area greater than 100 sq. ft. that are in residential neighborhoods. This list excludes properties with partial construction, exempt property, codesplit accounts, prorated accounts, property with special use value, rural property, tract property and plexes. * For the purpose of this report, Real Market Value (RMV) and Measure 5 Value, (which both exclude exempt property) are always identical. Page 5

9 Total Value on the Tax Roll for Washington County Real Market Measure 5 Taxable Assd Property Type Value Value Value Real Property 68,465,701,950 61,879,063,330 43,397,582,780 Personal Property 1,864,951,143 1,781,496,063 1,781,436,287 Manufactured Structures 110,313, ,313,060 86,208,200 Public Utility 1,542,784,249 1,542,784,249 1,536,640,970 Total 71,983,750,402 65,313,656,702 46,801,868,237 * For complete definitions of "Real Market Value", "Measure 5 Value", and "Taxable Assessed Value", please see the Glossary. The Assessment Date is January 1, Not reduced by Urban Renewal Excess Value. Total Taxes Extended on the Tax Roll Property Type # of Accounts Tax Extended Real Property 178, ,723, Personal Property 24,077 30,841, Manufactured Structures 5,205 1,399, Public Utility 1,167 25,070, Total 208, ,035, Includes all levies, special assessments, fees, and charges included in the tax statements. Page 6

10 Measure 5 Compression Loss by District Education Tax Reduction General Government Tax Reduction School Districts County, Regional, Special Banks #13 21, Washington County 39, Beaverton #48 266, Urban Road Maintenance District 0.35 Forest Grove #15 103, Enhanced Sheriff Patrol District Gaston #511 6, Metro Service District Hillsboro #1 1,103, Port of Portland Lake Oswego #7J 16, Tualatin Hills Park & Recreation Newberg #46 1, Tigard/Tualatin Aquatic District 0.14 Portland #11 70, Scappoose # Cities Sherwood #88 68, Cornelius 0.75 TigardTualatin #23 2,578, Forest Grove 2.21 Vernonia # Gaston West Linn #101 31, Hillsboro 2.72 King City 0.50 Portland 5, Community Colleges Tualatin 0.23 Portland Community College 114, Fire Forest Grove RFPD 0.15 Education Service Districts Gaston RFPD 1, Clackamas ESD Tualatin Valley Fire & Rescue 13, Multnomah ESD Washington County RFPD NW Regional ESD 61, Willamette ESD Urban Renewal Agencies Portland UR Education Total: 4,445, Portland Special Levy Local Improvement Districts and Special Assessments Manufactured Home Dwelling Fee Road Maintenance LID Service District Lighting #1 1, Government Total: 63, * Compression Reduction in taxes required by the Measure 5 property tax rate limits approved in County assessors calculate compression as a dollar amount, but it can also be expressed as a tax rate. Compression is done on a propertybyproperty basis. * Measure 5 Constitutional tax rate limitations passed by voters in November, 1990, which can be found at Article XI, Section 11b, of the Oregon Constitution. Measure 5 limited school taxes to $5 per $1,000 of assessed value and nonschool taxes to $10 per $1,000 of assessed value starting in The school limit fell by $2.50 per $1,000 each year until it reached $5 per $1,000 in The nonschool limit remains at $10 per $1,000. Levies to pay bond principal and interest for capital construction projects are outside the limitation. The Measure 5 rate limits still apply under the provisions of Measure 50, passed in 1997, but now apply to M5 value. * Source: Oregon Property Tax Statistics, Oregon Dept of Revenue (Rev. 802) Page 7

11 Tax Rate History for Washington County Year Assd Value* (used for rates) Value Increase Tax Imposed** Percent of Tax Roll Tax Rate*** (per $1000) ,603,239, % 111,372, % ,775,991, % 107,193, % ,278,753, % 103,609, % ,148,919, % 100,531, % ,062,491, % 95,675, % ,154,861, % 105,498, % ,353,771, % 101,571, % ,842,430, % 97,979, % ,749,599, % 95,460, % ,911,244, % 91,545, % Tax Rate History for Washington County "After" Year Assd Value* (used for rates) Value Increase Tax Imposed** Percent of Tax Roll Tax Rate*** (per $1000) ,635,174, % 27,475, % ,236,649, % 26,657, % ,715,557, % 25,785, % ,561,762, % 24,505, % Note: In 2001, Urban Renewal changes created the need to calculate some Bond and Local Option Levies using a different value. In the tax year, the first case of this occurred in Washington County. Therefore, rate history is now reported based on Levies passed "Before" or "After" * This is the Rate Computation Value from Line 17 of Form 4a. ** This is the Tax Imposed from Line 28 of Form 4a. No "Additional Taxes" or "Penalties" are included. *** This is the Tax Rate from Line 18 of Form 4a. Page 8

12 History of Average Combined Rate for All Taxes, Special Assessments, Penalties, and Urban Renewal for Washington County Year Property Tax Levied Increase Assd Value Increase Average Combined Rate (per $1000) ,035, % 46,801,868, % ,166, % 45,399,482, % ,850, % 43,863,121, % ,046, % 41,561,762, % ,941, % 39,062,491, % ,402, % 37,154,861, % ,496, % 35,353,771, % ,328, % 33,842,430, % ,856, % 32,749,599, % ,559, % 30,911,244, % * Prior to FY 0809, the Average Tax Rate was computed by taking Total Taxes divided by Total Assessed Value minus Urban Renewal Excess. This number can be found on Line 17 of the Washington County 4a. Starting with FY 0809, the Average Tax Rate is computed by taking Total Taxes divided by Total Assessed Value. Total Assessed Value can be found on Line 13 of the Washington County 4a. Page 9

13 The Passage of Measure 50 in 1997 Redefined Assessed Value in Oregon Prior to , the Assessed (or Taxable) Value of a property in Oregon was equal to its Real Market Value. For , Ballot Measure 50 amended the Oregon Constitution to include a new value limitation called Maximum Assessed Value (MAV). The MAV for each property was calculated for the tax roll as 90 percent of the property s Assessed Value, thus separating the Assessed and Real Market Value for every property. In addition, the MAV of a property was limited to a maximum of three percent growth per year. Additions for new construction and certain other exceptions were allowed to increase the MAV above three percent. Assessed and Real Market Value in Washington County Value (in Billions) Real Market Value Assessed Value Tax Year To fully understand the growth in total Assessed Value, it is important to know the two possible sources of that growth: existing property and new property. The growth in Assessed Value for existing property is subject to the 3 percent limit. On the other hand, some properties can experience a decline in Assessed Value, such as business personal property or machinery and equipment that depreciates. When Real Market Value is lower than Maximum Assessed Value, RMV becomes the basis for the properties' Assessed Value. Approximately 10 percent of Assessed Value in Washington County is based on RMV, whereas 90 percent is based on MAV. New property, such as a newly constructed home, represents a new source of Assessed Value. Some other sources of new value include improvements, where an addition to a house significantly increases the home s value; and rezoned property, where a change in zoning laws (and a change in use) increase the value of a property more than three percent in the year that the change takes place. Page 10

14 Top Taxpayers in Washington County Rank Owner Information M50 Assd Value Levied Taxes * 1 INTEL 1,086,959,550 18,173, NIKE, INC 431,605,315 7,048, PORTLAND GENERAL ELECTRIC 390,952,730 6,261, FRONTIER COMMUNICATIONS 371,640,200 6,198, PACIFIC REALTY ASSOCIATES 301,956,704 4,998, NORTHWEST NATURAL GAS CO 282,171,220 4,469, GENENTECH INC 231,546,750 3,817, COMCAST CORPORATION 213,072,700 3,596, MAXIM INTEGRATED PRODUCTS INC 137,021,824 2,238, TEKTRONIX INC 128,237,247 2,068, PS BUSINESS PARKS 107,572,166 2,038, PPR WASHINGTON SQUARE LLC 122,805,991 1,955, BV CENTERCAL LLC 116,277,962 1,886, FRED MEYER STORES, INC 99,467,694 1,718, VERIZON COMMUNICATIONS 96,541,224 1,615, ERP OPERATING LP 80,435,660 1,483, LINCOLN CENTER LLC 81,818,120 1,328, NOVELLUS SYSTEMS, INC 87,058,704 1,289, PROVIDENCE HEALTH SYSTEMOREGON 75,941,720 1,250, AMBERGLEN, LLC 70,084,670 1,156, * Ranked by "Levied Taxes" Page 11

15 Real Market Value, M5 Value, and Assessed Value * by Taxing District for District Real Personal Mfd Str Utility Total % Change Washington County Enhanced Sheriff Patrol Urban Road Maintenance Rainbow Lanes Metro Port of Portland Portland Community College TriMet Clackamas ESD Multnomah ESD NW Regional ESD Willamette ESD Hillsboro School Dist Banks School Dist Forest Grove School Dist RMV 68,465,701,950 1,864,951, ,313,060 1,542,784,249 71,983,750, M5 61,879,063,330 1,781,496, ,313,060 1,542,784,249 65,313,656, AV 43,397,582,780 1,781,436,287 86,208,200 1,536,640,970 46,801,868, RMV 21,015,201, ,603,452 43,849, ,677,270 21,656,331, M5 20,552,104, ,850,062 43,849, ,677,270 21,181,481, AV 14,472,376, ,850,062 33,374, ,738,960 15,089,340, RMV 21,015,201, ,603,452 43,849, ,677,270 21,656,331, M5 20,552,104, ,850,062 43,849, ,677,270 21,181,481, AV 14,472,376, ,850,062 33,374, ,738,960 15,089,340, RMV 19,393, ,838 50, ,579 20,687, M5 16,949, ,838 50, ,579 18,244, AV 9,914, ,838 38, ,500 11,197, RMV 61,874,930,600 1,780,718,359 89,733,910 1,371,328,620 65,116,711, M5 57,356,390,510 1,697,263,279 89,733,910 1,371,328,620 60,514,716, AV 40,300,061,960 1,697,203,503 69,343,430 1,365,783,920 43,432,392, RMV 68,465,701,950 1,864,951, ,313,060 1,542,784,249 71,983,750, M5 61,879,063,330 1,781,496, ,313,060 1,542,784,249 65,313,656, AV 43,397,582,780 1,781,436,287 86,208,200 1,536,640,970 46,801,868, RMV 68,465,701,950 1,864,951, ,313,060 1,542,784,249 71,983,750, M5 61,879,063,330 1,781,496, ,313,060 1,542,784,249 65,313,656, AV 43,397,582,780 1,781,436,287 86,208,200 1,536,640,970 46,801,868, RMV 62,945,693,970 1,794,572,847 92,171,070 1,399,630,903 66,232,068, M5 57,919,726,860 1,711,117,767 92,171,070 1,399,630,903 61,122,646, AV 40,740,776,730 1,711,057,991 71,140,680 1,393,964,270 43,916,939, RMV 212,202,630 13,755,238 22,940 3,025, ,006, M5 208,313,520 13,755,238 22,940 3,025, ,117, AV 129,576,170 13,755,238 21,380 3,025, ,378, RMV 410,605, ,250 94,530 4,114, ,268, M5 410,605, ,250 94,530 4,114, ,268, AV 272,218, ,250 66,770 4,114, ,852, RMV 67,661,757,850 1,850,627, ,438,090 1,532,481,306 71,154,304, M5 61,112,793,850 1,767,172, ,438,090 1,532,481,306 64,521,885, AV 42,893,558,320 1,767,112,606 85,422,810 1,526,344,470 46,272,438, RMV 181,135, , ,500 3,162, ,171, M5 147,350, , ,500 3,162, ,385, AV 102,230, , ,240 3,156, ,199, RMV 18,830,265, ,207,499 31,525, ,710,065 19,939,708, M5 13,517,897, ,752,419 31,525, ,710,065 14,543,884, AV 9,893,710, ,752,419 25,389, ,239,570 10,912,092, RMV 948,428,750 4,689,607 3,275,680 21,068, ,462, M5 660,625,790 4,689,607 3,275,680 21,068, ,659, AV 436,992,250 4,689,607 2,710,540 20,997, ,389, RMV 2,985,411,000 50,273,618 26,075,670 71,277,602 3,133,037, M5 2,636,944,770 50,273,618 26,075,670 71,277,602 2,784,571, AV 1,806,052,110 50,273,618 21,125,340 70,693,560 1,948,144, * For complete definitions of "Real Market Value", "Measure 5 Value", and "Taxable Assessed Value", please see the Glossary. Page 12

16 Real Market Value, M5 Value, and Assessed Value by Taxing District for District Real Personal Mfd Str Utility Total Lake Oswego School Dist Tigard/Tualatin School Dist Newberg School Dist Beaverton School Dist Vernonia School Dist Sherwood School Dist West Linn School Dist Portland School Dist Scappoose School Dist Gaston School Dist Clean Water Services Tualatin Hills Park & Rec Tigard Tualatin Aquatic Dist Cornelius RFPD Forest Grove RFPD RMV 72,368,460 3,748, ,803,657 77,921, M5 72,368,460 3,748, ,803,657 77,921, AV 45,663,240 3,748, ,803,600 51,215, RMV 11,094,183, ,542,149 15,434, ,750,866 11,708,910, M5 11,024,779, ,542,149 15,434, ,750,866 11,639,506, AV 7,766,730, ,482,373 10,772, ,856,100 8,375,841, RMV 181,135, , ,500 3,162, ,171, M5 147,350, , ,500 3,162, ,385, AV 102,230, , ,240 3,156, ,199, RMV 29,955,897, ,324,971 19,716, ,741,816 31,320,680, M5 29,718,919, ,324,971 19,716, ,741,816 31,083,702, AV 20,611,766, ,324,971 13,415, ,111,880 21,967,618, RMV 24,393, ,690 49,274 24,468, M5 9,678, ,690 49,274 9,753, AV 5,534, ,220 48,840 5,596, RMV 3,475,252, ,537,955 11,654,460 81,549,678 3,691,994, M5 3,284,651, ,537,955 11,654,460 81,549,678 3,501,393, AV 2,221,923, ,537,955 10,494,920 81,072,600 2,437,029, RMV 139,834,170 10,006,306 22,940 1,258, ,122, M5 135,945,060 10,006,306 22,940 1,258, ,233, AV 83,912,930 10,006,306 21,380 1,258,600 95,199, RMV 410,605, ,250 94,530 4,114, ,268, M5 410,605, ,250 94,530 4,114, ,268, AV 272,218, ,250 66,770 4,114, ,852, RMV 21,546, , ,300 21,828, M5 7,876, , ,300 8,159, AV 4,730, ,300 5,012, RMV 326,380,110 1,051,663 1,728,890 7,015, ,176, M5 251,421,330 1,051,663 1,728,890 7,015, ,217, AV 146,116,870 1,051,663 1,501,510 7,006, ,676, RMV 61,495,153,210 1,771,251,420 84,362,300 1,362,013,336 64,712,780, M5 56,838,453,730 1,687,796,340 84,362,300 1,362,013,336 59,972,625, AV 40,009,904,330 1,687,736,564 64,424,750 1,356,689,720 43,118,755, RMV 25,415,795, ,700,400 31,419, ,879,594 26,554,794, M5 25,334,941, ,700,400 31,419, ,879,594 26,473,941, AV 17,588,772, ,700,400 24,263, ,660,160 18,718,396, RMV 11,094,183, ,542,149 15,434, ,750,866 11,708,910,965 New M5 11,024,779, ,542,149 15,434, ,750,866 11,639,506,945 New AV 7,766,730, ,482,373 10,772, ,856,100 8,375,841,673 New RMV 292,361,500 2,581,601 1,140,740 8,348, ,432, M5 181,175,010 2,581,601 1,140,740 8,348, ,246, AV 123,860,010 2,581, ,690 8,347, ,589, RMV 724,078,520 5,811,016 2,627,620 17,842, ,359, M5 508,665,630 5,811,016 2,627,620 17,842, ,946, AV 337,581,660 5,811,016 2,132,150 17,725, ,249, Page 13

17 Real Market Value, M5 Value, and Assessed Value by Taxing District for District Real Personal Mfd Str Utility Total Gaston RFPD Banks RFPD Tualatin Valley Fire & Rescue Washington County RFPD City of Banks City of Beaverton City of Cornelius City of Durham City of Forest Grove City of Gaston City of Hillsboro City of Hillsboro (Phase In) City of King City City of Lake Oswego City of North Plains RMV 419,296,060 3,939,306 2,113,060 7,739, ,087, M5 328,311,260 3,939,306 2,113,060 7,739, ,102, AV 205,591,710 3,939,306 1,817,740 7,729, ,078, RMV 695,022,200 4,135,085 3,007,740 13,905, ,070, M5 581,296,520 4,135,085 3,007,740 13,905, ,345, AV 388,054,640 4,135,085 2,468,890 13,835, ,494, RMV 46,092,557,210 1,093,561,184 55,123, ,347,000 48,237,589, M5 45,203,604,950 1,081,807,794 55,123, ,347,000 47,336,883, AV 31,438,981,660 1,081,748,018 41,884, ,357,620 33,554,971, RMV 2,647,232,370 26,002,710 17,801,470 75,476,176 2,766,512, M5 1,981,453,300 26,002,710 17,801,470 75,476,176 2,100,733, AV 1,360,262,550 26,002,710 15,657,640 75,337,770 1,477,260, RMV 131,309,810 1,746, ,910 4,195, ,393, M5 131,290,400 1,746, ,910 4,195, ,373, AV 92,220,210 1,746, ,280 4,187,500 98,256, RMV 10,233,357, ,392,404 1,928, ,920,652 10,850,598, M5 10,204,096, ,392,404 1,928, ,920,652 10,821,337, AV 7,023,474, ,392, , ,172,400 7,638,692, RMV 726,679,060 15,229,392 6,839,440 20,824, ,571, M5 720,742,850 15,229,392 6,839,440 20,824, ,635, AV 485,388,370 15,229,392 4,857,000 20,654, ,129, RMV 194,595,210 5,680, ,368, ,644, M5 194,595,210 5,680, ,368, ,644, AV 138,005,590 5,680, ,367, ,054, RMV 1,612,409,920 28,345,244 17,603,650 36,740,258 1,695,099, M5 1,578,701,510 28,345,244 17,603,650 36,740,258 1,661,390, AV 1,102,973,710 28,345,244 14,929,400 36,592,300 1,182,840, RMV 44,878, , ,320 1,913,981 47,257, M5 44,452, , ,320 1,913,981 46,831, AV 24,181, ,977 96,260 1,906,600 26,516, RMV 14,550,262, ,560,123 3,761, ,697,034 15,580,282, M5 10,440,959, ,858,433 3,761, ,697,034 11,399,276, AV 7,728,541, ,858,433 1,501, ,470,800 8,683,371, RMV 43,800, ,226 2, ,990,756 New M5 41,251, ,226 2, ,441,926 New AV 22,248, ,226 2, ,439,296 New RMV 394,007,710 4,119,943 3,266,270 9,947, ,340, M5 394,007,710 4,119,943 3,266,270 9,947, ,340, AV 284,396,180 4,119,943 3,070,660 9,897, ,484, RMV 11,506,230 1,312, ,300 12,946, M5 11,506,230 1,312, ,300 12,946, AV 7,820,000 1,312, ,300 9,260, RMV 214,103,130 6,493, ,610 6,661, ,832, M5 205,345,420 6,493, ,610 6,661, ,075, AV 140,212,440 6,493, ,890 6,654, ,901, Page 14

18 Real Market Value, M5 Value, and Assessed Value by Taxing District for District Real Personal Mfd Str Utility Total City of Portland City of Sherwood City of Tigard City of Tualatin City of Wilsonville Raleigh Water Rivergrove Water Tualatin Valley Water West Slope Water Wolsborn Water RMV 176,942,440 3,039, ,062, ,043, M5 176,942,440 3,039, ,062, ,043, AV 118,644,080 3,039, ,017, ,700, RMV 2,087,273,510 39,893,633 6,485,580 42,751,614 2,176,404, M5 2,067,032,470 39,893,633 6,485,580 42,751,614 2,156,163, AV 1,390,201,260 39,893,633 5,896,070 42,512,900 1,478,503, RMV 6,836,256, ,620, , ,083,989 7,260,251, M5 6,822,033, ,620, , ,083,989 7,246,028, AV 4,605,287, ,620, , ,625,460 5,028,671, RMV 3,690,697, ,399,449 4,292,100 71,588,295 3,947,977, M5 3,679,074, ,399,449 4,292,100 71,588,295 3,936,353, AV 2,670,308, ,339,673 3,912,180 71,241,900 2,926,802, RMV 342,198,580 30,099, ,994, ,292, M5 342,193,880 30,099, ,994, ,287, AV 215,924,100 30,099, ,965, ,989, RMV 657,221,540 7,698, ,152, ,071, M5 657,221,540 7,698, ,152, ,071, AV 414,176,400 7,698, ,106, ,981, RMV 5,529, ,200 6,466, M5 5,529, ,200 6,466, AV 3,947, ,200 4,884, RMV 25,612,665, ,694,429 32,918, ,759,418 26,886,038, M5 25,100,137, ,941,039 32,918, ,759,418 26,361,756, AV 17,563,866, ,941,039 26,600, ,201,920 18,816,609, RMV 1,590,891,570 17,172, ,710 17,618,376 1,625,818, M5 1,590,891,570 17,172, ,710 17,618,376 1,625,818, AV 1,018,554,930 17,172, ,530 17,548,400 1,053,376, RMV 13,969,220 65, ,100 14,128, M5 13,969,220 65, ,100 14,128, AV 9,519,220 65, ,100 9,678, Page 15

19 Taxes Imposed by District and Category Washington County District Levy Type Rate Assd Values (for Rates) Taxes Imposed * Washington County Permanent Rate ,603,239, ,782, Billing Rate Bond Rate ,589, Local Option Washington County After Local Option ,635,174,373 27,475, Rate 104,782, Washington County Total Bonds 6,589, Local Option 27,475, Regional Services District Levy Type Rate Assd Values (for Rates) Taxes Imposed Metro Service District Permanent Rate ,239,302,292 4,171, Bond Rate ,619, Local Option Metro Service District (Bond After) Bond Rate ,265,698,949 6,873, TriMet Permanent Rate Bond Rate ,723,849,150 3,838, Local Option Port of Portland Permanent Rate ,603,239,186 3,263, Bond Rate Local Option Rate 7,434, "Regional Services" Total Bonds 17,331, Local Option Special Districts District Levy Type Rate Assd Values (for Rates) Taxes Imposed Enhanced Sheriff Patrol Permanent Rate ,089,340,172 9,604, Bond Rate Local Option ,498, Urban Road Maintenance Permanent Rate ,089,340,172 3,705, Bond Rate Local Option Rainbow Lanes Special Road District Permanent Rate ,197,908 5, Bond Rate Local Option * "Taxes Imposed" are not the same as "Taxes to be Received" because they do not include "Additional Taxes" and "Penalties". Imposed Taxes are found on Line 28 of the Table 4a. Page 16

20 Taxes Imposed by District and Category Special Districts (Continued) Tualatin Hills Park & Recreation Permanent Rate ,718,396,360 24,470, Bond Rate ,151, Local Option Tigard/Tualatin Aquatic District Permanent Rate ,349,445, , Bond Rate Local Option Banks RFPD Permanent Rate ,494, , Bond Rate , Local Option , Cornelius RFPD Permanent Rate ,589,401 83, Bond Rate Local Option , Forest Grove RFPD Permanent Rate ,249, , Bond Rate , Local Option Gaston RFPD Permanent Rate ,078, , Bond Rate Local Option , Tualatin Valley Fire & Rescue Permanent Rate ,361,947,908 50,814, Bond Rate Local Option Tualatin Valley Fire & Rescue After Bond Rate ,388,344,565 3,592, Local Option ,333, Washington County RFPD #2 Permanent Rate ,471,722,140 1,651, Bond Rate Local Option Washington County RFPD #2 After Local Option ,477,260, , Rate 92,231, "Special Districts" Total Bonds 11,961, Local Option 19,170, Cities District Levy Type Rate Assd Values (for Rates) Taxes Imposed City of Banks Permanent Rate ,256, , Bond Rate Local Option , City of Beaverton Permanent Rate Billing Rate ,638,692,004 30,308, Bond Rate ,799, Local Option City of Cornelius Permanent Rate ,129,362 2,095, Bond Rate Local Option Page 17

21 Taxes Imposed by District and Category Cities (Continued) City of Durham Permanent Rate ,054,056 71, Bond Rate , Local Option City of Forest Grove Permanent Rate ,182,840,654 4,678, Bond Rate , Local Option ,596, City of Gaston Permanent Rate ,516, , Bond Rate Local Option City of Hillsboro Permanent Rate ,683,371,983 31,837, Bond Rate Local Option ,935, City of Hillsboro Phase In Permanent Rate 22,439,296 Bond Rate Local Option City of King City Permanent Rate ,484, , Bond Rate Local Option , City of Lake Oswego Permanent Rate ,260,452 44, Bond Rate , Local Option City of North Plains Permanent Rate ,363, , Bond Rate Local Option City of Portland Permanent Rate ,700, , Pension Rate , Bond Rate , Local Option City of Portland After Local Option ,700,181 42, City of Sherwood Permanent Rate ,311,809,999 4,325, Bond Rate , Local Option City of Tigard Permanent Rate ,002,275,070 12,571, Bond Rate Local Option City of Tigard After Bond Rate ,028,671,727 1,049, City of Tualatin Permanent Rate ,926,802,053 6,633, Bond Rate , Local Option City of Wilsonville Permanent Rate ,989, , Bond Rate , Local Option Rate 94,752, "Cities" Total Bonds 5,287, Local Option 16,926, Gap Bond 298, Page 18

22 Taxes Imposed by District and Category Education District Levy Type Rate Assd Values Taxes (for Rates) Imposed Portland Community College Permanent Rate ,603,239,186 13,061, Bond Rate ,386, Local Option Portland Community College After Bond Rate ,635,174,373 8,070, Clackamas ESD Permanent Rate ,378,188 48, Bond Rate Local Option Multnomah ESD Permanent Rate ,852, , Bond Rate Local Option Northwest Regional ESD Permanent Rate ,073,809,155 7,024, Bond Rate Local Option Willamette ESD Permanent Rate ,199,503 31, Bond Rate Local Option Banks SD #13 Permanent Rate ,389,617 2,312, Bond Rate , Local Option Beaverton SD #48J Permanent Rate ,967,618, ,828, Bond Rate ,936, Local Option Forest Grove SD #15 Permanent Rate ,948,144,628 9,470, Bond Rate ,867, Local Option Gaston SD #511J Permanent Rate ,676, , Bond Rate Local Option Hillsboro SD #1J Permanent Rate ,906,553,509 53,155, Bond Rate ,544, Local Option Hillsboro SD #1J After Bond Rate ,912,092,039 12,925, Lake Oswego SD #7J Permanent Rate ,215, , Bond Rate , Local Option , Newberg SD #46J Permanent Rate ,199, , Bond Rate , Local Option Portland SD #11J Permanent Rate ,852,340 1,284, Gap Bond Bond Rate Local Option Page 19

23 Taxes Imposed by District and Category Education (Continued) Portland SD #11J After Permanent Rate ,852, , Local Option , Scappoose SD #117J Permanent Rate ,012,260 24, Bond Rate , Local Option Sherwood SD #88J Permanent Rate ,270,335,241 10,856, Bond Rate ,868, Local Option Sherwood SD #88J After Bond Rate ,270,335,241 4,374, Sherwood SD #88J (Bond Pocket) Bond Rate ,440, , TigardTualatin SD #23J Permanent Rate ,349,445,016 41,240, Bond Rate ,567, Local Option TigardTualatin SD#23J After Bond Rate ,375,841,673 8,006, Local Option ,214, TigardTualatin SD#23J (Bond Pocket) Bond Rate ,691,752 21, Vernonia SD #49J Permanent Rate ,596,580 28, Bond Rate , Local Option West Linn SD #101J Permanent Rate ,199, , Bond Rate , Local Option West Linn SD#101J After Bond Rate ,199, , Local Option , Rate 243,498, "Education" Total Bonds 120,536, Local Option 6,659, Gap Bonds Rate 542,699, Grand Totals Bonds 161,706, Local Option 70,232, Gap Bonds 298, Page 20

24 Table 4a Detail of Taxing District Levies Tax Year NOTE: Where urban renewal excess value impacts the district, report any reduced rate levies on a separate table 4a. County: Washington 1 Taxing District Code Taxing District Name (Co. No.) Washington County (1) 3 Counties in which District lies "GAP" BONDS OR PERMANENT LOCAL OPTION UR SPECIAL LEVY BONDS 4 Levy Approved Before or After 10/6/01 6,590, Inside M5 Limit Inside M5 Limit Inside M5 Limit Outside M5 Limit TOTAL Ad Valorem Tax Levies 5 Permanent Levy (if dollar amount) 6 Local Option Levy (if dollar amount)* 7 "GAP" Bond Levy 8 Urban Renewal Special Levy 9 Bond Levy* 6,590, ,590, TOTAL DOLLAR LEVY (add lines 5 thru 9) 6,590, ,590, Adjustments 11 Amount Raised in Other Counties 12 NET DOLLAR LEVY FOR TAX RATE (line 10 minus line 11) 6,590, ,590, Taxable Property Value (if an urban renewal plan is involved, report reduced rate levies separately) 13 Total Assessed Value 46,801,868, Add: NonProfit Housing Value 15 Add: Fish and Wildlife Value 16 Subtract: Urban Renewal Excess (amt. used only)** 198,629, VALUE TO COMPUTE THE TAX RATE 46,603,239,186 Tax Computations 18 Tax Rate (for dollar levies, line 12 divided by line 17)*** Amount Tax Rate Will Raise (line 17 times line 18) 104,782, ,589, ,372, Truncation Loss (for dollar levies only) (line 19 minus line 12) (368.98) (368.98) 21 Total Timber Offset Amount (county district only) 22 Timber Tax Rate (line 21 divided by line 17) 23 Billing Rate (line 18 minus line 22) 24 Calculated Tax for Extension for District (line 23 times line 17) 24a Gain from UR Division of Tax Rate Truncation b Gain or Loss from UR Division of Tax Across Counties 24c Net Tax for Extension ( a + 24b) 104,782, ,589, ,372, Actual Tax Extended for District 104,782, ,589, ,372, District's Gain or Loss from Individual Extension (25 24c) District's Compression Loss (Enter as a negative number)**** (775.20) (775.20) 28 DISTRICT TAXES IMPOSED (line 24c+line 26+line 27) 104,782, ,589, ,372, Additional Taxes/Penalties 29 Farmland (ORS 308A.703) 31, , Forestland (ORS 308A.703) 10, , Small Tract Forestland (STF) (ORS 308A.703) 32 Open Space (ORS ) Historic Property (ORS ) 35 Other 36 Late Filing Fee County Only (ORS ) 686, , Roll Corrections (ORS ), 139, , incl. omitted property/other roll corrections, but excl. roll corrections under ORS TOTAL ADDITIONAL TAXES/PENALTIES (lines 29 thru 37) 867, , TOTAL TO BE RECEIVED (line 28 plus line 38) 104,782, ,457, ,239, Percentage Schedule (ORS ) [OPTIONAL] * If district has multiple Local Option or Bond levies, please show each levy on a separate 4a page (see instructions about combining in some cases). ** For urban renewal special levies, enter zero on this line: excess value is not subtracted. *** Line 12/Line 17 computation applies ONLY to dollar levies; if district has a rate levy, enter the tax rate used. **** Enter only the district or U.R. special levy compression loss. Urban renewal division of tax compression loss is reported on table 4e. See instructions. Page 21

25 Table 4a Detail of Taxing District Levies Tax Year NOTE: Where urban renewal excess value impacts the district, report any reduced rate levies on a separate table 4a. County: Washington 1 Taxing District Code Taxing District Name (Co. No.) Washington County (87) After 3 Counties in which District lies "GAP" BONDS OR PERMANENT LOCAL OPTION UR SPECIAL LEVY BONDS 4 Levy Approved Before or After 10/6/01 AFTER Inside M5 Limit Inside M5 Limit Inside M5 Limit Outside M5 Limit TOTAL Ad Valorem Tax Levies 5 Permanent Levy (if dollar amount) 6 Local Option Levy (if dollar amount)* 7 "GAP" Bond Levy 8 Urban Renewal Special Levy 9 Bond Levy* 10 TOTAL DOLLAR LEVY (add lines 5 thru 9) Adjustments 11 Amount Raised in Other Counties 12 NET DOLLAR LEVY FOR TAX RATE (line 10 minus line 11) Taxable Property Value (if an urban renewal plan is involved, report reduced rate levies separately) 13 Total Assessed Value 46,801,868, Add: NonProfit Housing Value 15 Add: Fish and Wildlife Value 16 Subtract: Urban Renewal Excess (amt. used only)** 166,693, VALUE TO COMPUTE THE TAX RATE 46,635,174,373 Tax Computations 18 Tax Rate (for dollar levies, line 12 divided by line 17)*** Amount Tax Rate Will Raise (line 17 times line 18) 27,514, ,514, Truncation Loss (for dollar levies only) (line 19 minus line 12) 21 Total Timber Offset Amount (county district only) 22 Timber Tax Rate (line 21 divided by line 17) 23 Billing Rate (line 18 minus line 22) 24 Calculated Tax for Extension for District (line 23 times line 17) 24a Gain from UR Division of Tax Rate Truncation b Gain or Loss from UR Division of Tax Across Counties 24c Net Tax for Extension ( a + 24b) 27,514, ,514, Actual Tax Extended for District 27,514, ,514, District's Gain or Loss from Individual Extension (25 24c) District's Compression Loss (Enter as a negative number)**** (38,867.67) (38,867.67) 28 DISTRICT TAXES IMPOSED (line 24c+line 26+line 27) 27,475, ,475, Additional Taxes/Penalties 29 Farmland (ORS 308A.703) 7, , Forestland (ORS 308A.703) 2, , Small Tract Forestland (STF) (ORS 308A.703) 32 Open Space (ORS ) Historic Property (ORS ) 35 Other 36 Late Filing Fee County Only (ORS ) 37 Roll Corrections (ORS ), 34, , incl. omitted property/other roll corrections, but excl. roll corrections under ORS TOTAL ADDITIONAL TAXES/PENALTIES (lines 29 thru 37) 44, , TOTAL TO BE RECEIVED (line 28 plus line 38) 27,475, , ,520, Percentage Schedule (ORS ) [OPTIONAL] * If district has multiple Local Option or Bond levies, please show each levy on a separate 4a page (see instructions about combining in some cases). ** For urban renewal special levies, enter zero on this line: excess value is not subtracted. *** Line 12/Line 17 computation applies ONLY to dollar levies; if district has a rate levy, enter the tax rate used. **** Enter only the district or U.R. special levy compression loss. Urban renewal division of tax compression loss is reported on table 4e. See instructions. Page 22

26 Table 4a Detail of Taxing District Levies Tax Year NOTE: Where urban renewal excess value impacts the district, report any reduced rate levies on a separate table 4a. County: Washington 1 Taxing District Code Taxing District Name (Co. No.) Enhanced Sheriff Patrol District (61) 3 Counties in which District lies "GAP" BONDS OR PERMANENT LOCAL OPTION UR SPECIAL LEVY BONDS 4 Levy Approved Before or After 10/6/01 Inside M5 Limit Inside M5 Limit Inside M5 Limit Outside M5 Limit TOTAL Ad Valorem Tax Levies 5 Permanent Levy (if dollar amount) 6 Local Option Levy (if dollar amount)* 9,500, ,500, "GAP" Bond Levy 8 Urban Renewal Special Levy 9 Bond Levy* 10 TOTAL DOLLAR LEVY (add lines 5 thru 9) 9,500, ,500, Adjustments 11 Amount Raised in Other Counties 12 NET DOLLAR LEVY FOR TAX RATE (line 10 minus line 11) 9,500, ,500, Taxable Property Value (if an urban renewal plan is involved, report reduced rate levies separately) 13 Total Assessed Value 15,089,340, Add: NonProfit Housing Value 15 Add: Fish and Wildlife Value 16 Subtract: Urban Renewal Excess (amt. used only)** 17 VALUE TO COMPUTE THE TAX RATE 15,089,340,172 Tax Computations 18 Tax Rate (for dollar levies, line 12 divided by line 17)*** Amount Tax Rate Will Raise (line 17 times line 18) 9,604, ,498, ,103, Truncation Loss (for dollar levies only) (line 19 minus line 12) (1,260.36) (1,260.36) 21 Total Timber Offset Amount (county district only) 22 Timber Tax Rate (line 21 divided by line 17) 23 Billing Rate (line 18 minus line 22) 24 Calculated Tax for Extension for District (line 23 times line 17) 24a Gain from UR Division of Tax Rate Truncation 24b Gain or Loss from UR Division of Tax Across Counties 24c Net Tax for Extension ( a + 24b) 9,604, ,498, ,103, Actual Tax Extended for District 9,604, ,498, ,103, District's Gain or Loss from Individual Extension (25 24c) District's Compression Loss (Enter as a negative number)**** (0.92) (12.68) (13.60) 28 DISTRICT TAXES IMPOSED (line 24c+line 26+line 27) 9,604, ,498, ,103, Additional Taxes/Penalties 29 Farmland (ORS 308A.703) 30 Forestland (ORS 308A.703) 1, , Small Tract Forestland (STF) (ORS 308A.703) 32 Open Space (ORS ) Historic Property (ORS ) 35 Other 36 Late Filing Fee County Only (ORS ) 37 Roll Corrections (ORS ), 5, , incl. omitted property/other roll corrections, but excl. roll corrections under ORS TOTAL ADDITIONAL TAXES/PENALTIES (lines 29 thru 37) 7, , TOTAL TO BE RECEIVED (line 28 plus line 38) 9,604, ,498, , ,110, Percentage Schedule (ORS ) [OPTIONAL] * If district has multiple Local Option or Bond levies, please show each levy on a separate 4a page (see instructions about combining in some cases). ** For urban renewal special levies, enter zero on this line: excess value is not subtracted. *** Line 12/Line 17 computation applies ONLY to dollar levies; if district has a rate levy, enter the tax rate used. **** Enter only the district or U.R. special levy compression loss. Urban renewal division of tax compression loss is reported on table 4e. See instructions. Page 23

27 Table 4a Detail of Taxing District Levies Tax Year NOTE: Where urban renewal excess value impacts the district, report any reduced rate levies on a separate table 4a. County: Washington 1 Taxing District Code Taxing District Name (Co. No.) Urban Road Maintenance District (75) 3 Counties in which District lies "GAP" BONDS OR PERMANENT LOCAL OPTION UR SPECIAL LEVY BONDS 4 Levy Approved Before or After 10/6/01 Inside M5 Limit Inside M5 Limit Inside M5 Limit Outside M5 Limit TOTAL Ad Valorem Tax Levies 5 Permanent Levy (if dollar amount) 6 Local Option Levy (if dollar amount)* 7 "GAP" Bond Levy 8 Urban Renewal Special Levy 9 Bond Levy* 10 TOTAL DOLLAR LEVY (add lines 5 thru 9) Adjustments 11 Amount Raised in Other Counties 12 NET DOLLAR LEVY FOR TAX RATE (line 10 minus line 11) Taxable Property Value (if an urban renewal plan is involved, report reduced rate levies separately) 13 Total Assessed Value 15,089,340, Add: NonProfit Housing Value 15 Add: Fish and Wildlife Value 16 Subtract: Urban Renewal Excess (amt. used only)** 17 VALUE TO COMPUTE THE TAX RATE 15,089,340,172 Tax Computations 18 Tax Rate (for dollar levies, line 12 divided by line 17)*** Amount Tax Rate Will Raise (line 17 times line 18) 3,705, ,705, Truncation Loss (for dollar levies only) (line 19 minus line 12) 21 Total Timber Offset Amount (county district only) 22 Timber Tax Rate (line 21 divided by line 17) 23 Billing Rate (line 18 minus line 22) 24 Calculated Tax for Extension for District (line 23 times line 17) 24a Gain from UR Division of Tax Rate Truncation 24b Gain or Loss from UR Division of Tax Across Counties 24c Net Tax for Extension ( a + 24b) 3,705, ,705, Actual Tax Extended for District 3,705, ,705, District's Gain or Loss from Individual Extension (25 24c) District's Compression Loss (Enter as a negative number)**** (0.35) (0.35) 28 DISTRICT TAXES IMPOSED (line 24c+line 26+line 27) 3,705, ,705, Additional Taxes/Penalties 29 Farmland (ORS 308A.703) 30 Forestland (ORS 308A.703) Small Tract Forestland (STF) (ORS 308A.703) 32 Open Space (ORS ) Historic Property (ORS ) 35 Other 36 Late Filing Fee County Only (ORS ) 37 Roll Corrections (ORS ), 1, , incl. omitted property/other roll corrections, but excl. roll corrections under ORS TOTAL ADDITIONAL TAXES/PENALTIES (lines 29 thru 37) 1, , TOTAL TO BE RECEIVED (line 28 plus line 38) 3,705, , ,707, Percentage Schedule (ORS ) [OPTIONAL] * If district has multiple Local Option or Bond levies, please show each levy on a separate 4a page (see instructions about combining in some cases). ** For urban renewal special levies, enter zero on this line: excess value is not subtracted. *** Line 12/Line 17 computation applies ONLY to dollar levies; if district has a rate levy, enter the tax rate used. **** Enter only the district or U.R. special levy compression loss. Urban renewal division of tax compression loss is reported on table 4e. See instructions. Page 24