Example of Tax for a New Library District¶
According to David Thunell, Grant County has not reached the Measure 5 limit on taxed millage. Thus, the existing millage will not be compressed, and voters must approve both the special library district and a likely $0.35 per $1,000 millage increase. Below is an example of what that would mean for a residential lot in Prairie City.
Assumptions¶
- Annual Library Budget: $250,000 (about $0.35 per $1,000 assessed value)
- Example Property:
- Assessed Value: $66,126
- Real Market Value (RMV): $120,000
- Taxes Paid in 2024: $983
- Typical lot in Prairie City with 1100 sq.ft home in good condition
Calculations¶
-
Millage is calculated on assessed value, not RMV:
-
Prairie City 2024 Tax Rate:
$983 / $66,126 × 1,000 = $14.87
per$1,000
assessed value
-
Library Millage Impact:
- New tax rate:
$14.87 + $0.35 = $15.22
per$1,000
- Percentage increase:
$0.35 / $15.22 = 2.3%
- New tax rate:
-
Estimated Tax Increase:
- 2024 taxes with library district:
$983 × 1.022 ≈ $1,005
(about$22
increase)
- 2024 taxes with library district:
County Assessor Response (David Thunell)¶
- Yes, property taxes are based on the assessed value of each property.
- Yes, the tax rate for Prairie City was
$14.8715
per1,000
of assessed value. - $0.35 is just an estimate for the Library at this time, but yes, the tax rate would have been
$15.2215
in 2024 if the library district was in place. - In 2024, your taxes would have been
$1,006.53
instead of$983.40
.
Comparison to a "Rich" District (Deschutes County & Baker County)¶
Per Capita Library Revenue Comparison¶
County | Deschutes County | Baker County | Grant County |
---|---|---|---|
Millage Rate | $0.55 | $0.60 | $0.35 |
Total Tax Revenue | $17.7 million | $1.44 million | $0.25 million |
Population | 211,535 | 16,484 | 7,093 |
Per Capita Revenue | $83.67 | $87.39 | $35.25 |