PROPERTY TAX FAIRNESS IN MULTNOMAH COUNTY, OREGON

منو

" PROPERTY TAX FAIRNESS IN MULTNOMAH COUNTY, OREGON "
Pierson, Kawika; Thompson, Fred; Walker, Robert W

Document Type	:	AL
Record Number	:	923326
Doc. No	:	LA6469r55r
Language of Document	:	English
Main Entry	:	Pierson, Kawika; Thompson, Fred; Walker, Robert W
Title & Author	:	PROPERTY TAX FAIRNESS IN MULTNOMAH COUNTY, OREGON [Article]\ Pierson, Kawika; Thompson, Fred; Walker, Robert W
Title of Periodical	:	California Journal of Politics and Policy
Volume/ Issue Number	:	8/2
Date	:	2016
Abstract	:	This article evaluates two alternative standards for resetting property assessments on title transfer in property tax systems like Oregon’s and California’s that are explicitly designed to protect property owners against rapid, unanticipated increases in their tax bills, California’s reset to market and one in which the property is given a new assessed value based on its market value multiplied by a ratio that reflects the average relationship between assessed value and market value within a jurisdiction. We find that the latter promotes assessment quality better than the former and probably mitigates lock-in.