Wednesday, June 21, 2017

City Council Approves Budget; Property Tax Rate Remains Unchanged for New Fiscal Year

CITY COUNCIL APPROVES BUDGET; PROPERTY TAX RATE REMAINS UNCHANGED FOR NEW FISCAL YEAR


News Release from City of Beaverton
Posted on FlashAlert: June 21st, 2017 4:22 PM
BEAVERTON, Ore. -- The Beaverton City Council last night unanimously approved the 2017-18 fiscal year budget, which holds the line, again, on the city's tax rate.


The city's property tax rate of $4.17 per $1,000 assessed value will remain the same for the next fiscal year, which begins July 1. The total proposed budget for FY 2017-18 is $287 million.


"It's important to me to proceed with caution, even in a boom economy," said Mayor Denny Doyle. "I am proud that we have been able to deliver a budget that meets our needs without asking for more from our taxpayers."


For more information and to view the complete budget, visit http://www.beavertonoregon.gov/1942/Adopted-Budget-Fiscal-Year-2017-2018.


The city of Beaverton is home to more than 95,000 residents and is Oregon's sixth largest city. We are a friendly, active, and responsible city well-known for our exceptional community services and amenities, helping Beaverton residents enjoy a high quality of life. Ranked in the top ten of Money magazine's 50 Best Small Cities in America for 2016, Beaverton truly is "The Best of Oregon."


For more information, reminders and community news, visit www.BeavertonOregon.gov. Also follow Beaverton on Facebook at www.facebook.com/CityofBeaverton or Twitter at www.twitter.com/CityofBeaverton.


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