February 08, 2003

Catching Up on the Tax Proposals

Yesterday's Oregonian provided the first details of Commissioner Jim Francesoni's proposal:

Francesconi's proposal would not provide help this school year. It aims to generate $35 million annually for the next three years for the five school districts entirely or partially within Portland.
...
Francesconi's proposal comes with a commitment to dedicate city money to lessen the ultimate blow to business. And it offers a promise of accountability to ease concerns about wasted money, as well as a pledge that the money not be used for administration or benefits.

Which they followed up today, the day after his City Club speech (which you can read here):

Francesconi wants to court business as part of a 2004 run for mayor. He proposed the lowest temporary tax increase, along with accountability measures and a long-sought reform of a local business income tax.

Today's article also details all of the other plans and proposals being floated by city and county officials.

And yesterday's Portland Tribune provided the general background on all the plans which are trying to make up for the loss of Measure 28 and other state cutbacks -- and also offers a breakdown of each proposal, who is proposing it, the method of raising funds, how much it would raise, why it's being proposed, some background, and information on who would pay.

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