Coos County taxpayers will have an opportunity to meet with the assessor, Adam Colby, during scheduled town hall property tax meetings. Colby will provide a power point presentation, which overviews the Oregon property tax system, and answer taxpayer questions regarding assessments in the Coos County real estate market.
Oregon's constitution limits the increase in taxable assessed value for each property to 3% per year, unless there have been changes made to the property such as new construction or additions, new partitions, or removal from special assessment or exemption programs. The majority of property owners in Coos County have a taxable assessed value much lower than their real market value and will see the required 3% increase in their taxable value.
It is important to note that even though the real estate market for residential properties continues to decline, the assessed value of most properties will still see a 3% increase this year as required under the constitution because the assessed value is still lower than the real market value.
The Bandon presentation will be on Tuesday Sept 15th from 6:00 to 8:00 PM in the City Council chambers
Additional questions or comments can be sent directly to the assessor at:
Work: 541-396-3121 Ext. 275
Cell: 541-404-5159
E-Mail: ccaoassr@co.coos.or.us
Blog: www.cooscountyassessor.com
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