The New Era - All about Sweet Home since 1929

Real market property values rise 8.9 percent

 

October 23, 2019



At this point, property owners should have or soon will have received property tax statements, most of them showing increases in property tax bills.

Property values across Linn County increased by 8.9 percent for real market and 4.6 percent for assessed, driving up property tax bills and decreasing property tax compression, according to Linn County property tax assessments released this month.

For the city of Sweet Home, real market value increases drove up property taxes imposed by local option levies by 7 percent, while taxes imposed by the permanent rate increased by about 1.8 percent....



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