County Assessor Certifies 2025-26 Tax Roll
The Polk County Assessor's Office has certified the 2025-26 Tax Roll to the county clerk, authorizing county tax collector Katlyn D' Agostini to begin mailing tax statements.
Measure 5 and Its Impact
Measure 5, a constitutional amendment approved by Oregon voters in 1990, remains in effect, limiting property taxes to $10 per $1,000 of real market value for general government services and $5 per $1,000 for education services.
- Measure 5 reductions resulted in a $271,440 loss in property tax revenues for taxing districts this year, primarily affecting education services.
- Total compression loss increased by 25% compared to last year's revenue loss of $216,483.
Understanding Tax Statements
On the tax statement, the real market value represents the assessor's estimated sale price of a property on the open market as of January, while the assessed value is used to calculate taxes.
Author's summary: Tax roll certified with significant revenue loss.
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