Tax income for city above budget levels

Sean C. Morgan

With tax bills in property owners’ hands, a boost in assessed values has increased revenue for the city and other taxing districts.

Linn County billed property owners $146 million in taxes this year on $9 billion in taxable property value.

The county has a total real market value of $12.1 billion, according to assessor’s office estimates. Taxes are imposed based on assessed value, $9 billion. Property tax assessments are limited to $10…

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