Comment 30129

By A Smith (anonymous) | Posted April 14, 2009 at 21:16:54

Ryan >> LRT is not exclusively or even mostly about moving people across the city per se. It's primarily an engine of economic development

For those who love to cite Portland as a reason for embracing LRT, perhaps Hamilton should also follow their lead on property taxes.

"Welcome to the wacky world of Oregon's tax system.

Voter-approved property tax limitations in 1996 and 1997 set a 3 percent cap on annual increases in assessed property value, which are used to determine a homeowner's property tax bill. But real market values have risen much faster since then."

Here is the full article...

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