tag:blogger.com,1999:blog-3471471289744825428.post5699458246045604511..comments2024-03-11T00:31:41.186-07:00Comments on The Oregon Economics Blog: Fred Thompson: Some Modest Suggestions For Fixing Oregon’s Property Tax SystemPatrick Emersonhttp://www.blogger.com/profile/17242234148546323374noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3471471289744825428.post-817007189815496882014-06-19T23:18:39.863-07:002014-06-19T23:18:39.863-07:00Thanks, Doug. I appreciate your comment.Thanks, Doug. I appreciate your comment.fthompsohttps://www.blogger.com/profile/13953605115587300660noreply@blogger.comtag:blogger.com,1999:blog-3471471289744825428.post-36597475331685849082014-06-17T18:07:19.480-07:002014-06-17T18:07:19.480-07:00I completely agree that the current property tax s...I completely agree that the current property tax system--even from a municipality's perspective--is not that bad. Like other municipal finance officers, I whined about the declining changed-property ratios around 2006 and 2007 and how my city's tax revenues were taking a big hit. But after the financial crisis hit, I began to appreciate the shock absorber effect of Measure 50.<br /><br />I don't doubt that some voter-approved reform is necessary. But while we're waiting for hell to freeze over, cities might want to consider revisiting their annexation, zoning, and development policies to make sure (1) that the land is bringing forth the maximum market value (and ultimately the maximum assessed value) that it can and (2) that investments in infrastructure yield a positive return.Doug Gabbardhttps://www.blogger.com/profile/08004276724238866340noreply@blogger.com