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    Lawsuits against realtor association threaten agent commission model

    Lawsuits against realtor association threaten agent commission model

    Higher home prices, mortgage rates means sharp increases for home buyers

    State audit calls Oregon’s mortgage interest deduction ‘regressive and inequitable’

    Measure 6-196: Coos Bay voters asked to fund new library and communications center

    Measure 6-196: Coos Bay voters asked to fund new library and communications center

    Oregon real estate love letter ban hit with an injunction

    Measure 6-196: Coos Bay voters asked to fund new library and communications center

    Measure 6-195: North Bend voters asked for $22.6 million for school improvements

    Measure 6-194: Coos County voters to decide on Charleston area lodging tax

    Coos Bay Council considers property tax exemptions for new multi-unit dwellings

    Coos Bay Council discusses proposed library tax rates

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          Lawsuits against realtor association threaten agent commission model

          Lawsuits against realtor association threaten agent commission model

          Higher home prices, mortgage rates means sharp increases for home buyers

          State audit calls Oregon’s mortgage interest deduction ‘regressive and inequitable’

          Oregon real estate love letter ban hit with an injunction

          Coos Bay Council considers property tax exemptions for new multi-unit dwellings

          Two Oregon bills take aim at air conditioning access

          Oregon bans certain real estate communications

          Real estate “love letter” ban faces lawsuit

          North Bend City Council allows for more middle housing

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            Lawsuits against realtor association threaten agent commission model

            Lawsuits against realtor association threaten agent commission model

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            State audit calls Oregon’s mortgage interest deduction ‘regressive and inequitable’

            Measure 6-196: Coos Bay voters asked to fund new library and communications center

            Measure 6-196: Coos Bay voters asked to fund new library and communications center

            Oregon real estate love letter ban hit with an injunction

            Measure 6-196: Coos Bay voters asked to fund new library and communications center

            Measure 6-195: North Bend voters asked for $22.6 million for school improvements

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                  Lawsuits against realtor association threaten agent commission model

                  Lawsuits against realtor association threaten agent commission model

                  Higher home prices, mortgage rates means sharp increases for home buyers

                  State audit calls Oregon’s mortgage interest deduction ‘regressive and inequitable’

                  Oregon real estate love letter ban hit with an injunction

                  Coos Bay Council considers property tax exemptions for new multi-unit dwellings

                  Two Oregon bills take aim at air conditioning access

                  Oregon bans certain real estate communications

                  Real estate “love letter” ban faces lawsuit

                  North Bend City Council allows for more middle housing

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                  Measure 6-195: North Bend voters asked for $22.6 million for school improvements

                  jrangel by jrangel
                  May 19, 2022
                  in Local News, Politics
                  0
                  Measure 6-196: Coos Bay voters asked to fund new library and communications center

                  During the May election, North Bend School District voters will be asked if they should subject themselves to a tax on property within the district to finance the capital costs of various improvements throughout the district. The total amount that would be issued under the bond is over $22 million. Funds collected are earmarked for various capital improvements on the district’s buildings.

                  The amount

                  If Measure 6-195 passes, the North Bend School District would be authorized to issue $22.695 million worth of bonds. The tax would be implemented as a property tax. Properties within the district will be subject to an (estimated) tax of $0.88 per $1,000 of assessed property value. As an example, a $200,000 home would be subject to an additional $176 in taxes per year. Per the measure, the bond would not mature in 20 years or less.

                  District improvements

                  Numerous capital improvements are mentioned in the measure, including:

                  • New entrances with intruder locks, and secure access systems
                  • Asbestos abatement, filtration, heating, and air quality improvements
                  • Roofing, plumbing, electrical and window repairs
                  • Americans with Disabilities Act-related improvements
                  • Addition costs such as equipment, furnishings, and bond issuance costs

                  Political considerations

                  This won’t be North Bend’s first attempt at raising money for district improvements. A similar measure was placed on the special election ballot last November. That measure asked voters for over $48 million, and it failed by a pretty wide margin, with 58% of voters casting votes against the bond. Bond measures are likely going to be facing an uphill battle, as the entire nation is facing high inflation, record-high gas prices, and a marked increase in the price of the area’s housing stock.

                  In short, it’s a pretty bad time to be asking voters for money, though, there’s nothing stopping the district from asking voters again during the next election.

                  The election and other measures

                  Election day is May 17, 2022. Other measures on the ballot include: Measure 6-194, a Coos County measure which would create a lodging tax in the Charleston area, and Measure 6-196, a Coos Bay measure which would create a tax bond to create a new library and 9/11 communications center.

                  Tags: North Bend School District
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