Will My Property Taxes Be Increasing This Year?

by | Nov 3, 2015 | How to Guides, Market Reports, Video

It’s property tax time again, so you should start receiving your property tax statement in the mail here in the coming days and weeks. And don’t be surprised to see a hike in your tax bill.

If you are wondering how to go about appealing your property taxes, find links provided below for how to appeal in each county:

Multnomah County

Clackamas County

Washington County

Based on ballot measures that were passed almost 20 years ago, property tax bills are allowed to increase up to 3%, plus any additional increase due to the cost of bond measures that voters approve, such as the Parks and Library bonds passed two years ago. However, Portlanders can receive up to a 3% discount on their tax bills if the full property tax amount is paid by Monday, November 16, 2015.

Total property tax collections in Multnomah County are projected to top $1.5 billion in 2015-16, about 4.8 percent more than the prior year, according to new calculations by County Assessor Randy Walruff.

For a quick tutorial on how property taxes are assessed and further information on the appeals process, check out this post Nick authored!



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