2020/21 property tax statements for Lincoln County are expected to be mailed out on October 23rd, with initial payment due by November 16th. Full payments made by November 16th will receive a 3% discount and two-thirds payments will receive a 2% discount. At least one-third payment must be received by November 16th to avoid delinquent interest charges. For those making one-third payments, the second payment will be due by February 15th, 2021, and the third payment will be due by May 15th, 2021.
To observe social distancing guidelines, payments made in person at the County Tax Office require an appointment and are limited to cash only. Please consider the following payment options as alternatives to coming to the Courthouse:
– Pay online via the County website at: county website
– Pay online using ‘bill pay’ through your banking institution
– Mail check or money order payments to the Lincoln County Tax Collector located at: 225 W Olive Street, Room 205, Newport OR 97365.
– Drop off check or money order payments at a secure payment drop box located in the county courthouse parking lot.
Overall, real market value in Lincoln County is up approximately 6% from 2019, while countywide assessed (taxable) value has increased nearly 4%. These percentages include the value of new construction and development.
Most property owners will see a typical 3% increase in their assessed value due to Measure 50 – a constitutional amendment approved by Oregon voters in 1997. When Measure 50 was first implemented, a “maximum assessed value” was assigned to each property which equaled the 1995 value minus 10%. For the years following, each property is assessed on the lesser of its maximum assessed value from the previous year plus 3%, or its real market value. So long as the real market value remains higher than the maximum assessed value, the assessed value can increase up to 3%. This is the most common scenario. However, there are situations where a property’s assessed value may increase more or less than 3%. Following are two primary reasons:
1.) New construction, development or other changes to property considered an “exception” event may add to or lower the property’s assessed value.
2.) If, following a market downturn, a property’s real market value falls below its maximum assessed value, the property is assessed at its real market value. The assessed value may fluctuate up or down annually with the market, with no limitation, until it returns to or above the maximum assessed value. At that point, the assessed value will once again be restricted to 3% annual growth under Measure 50.
For 2020, approximately 16% of properties in Lincoln County are assessed at their real market value. With increasing market values, these properties may see assessed value growth of more than 3%.
Total property taxes, fees and special assessments are up approximately 5.25% over last year. Most property taxes are a product of assessed values and underlying district tax rates. Along with changes in assessed values, new voter-approved levies may impact total taxes in certain areas of the county. This year, two new levies were approved resulting in increased tax rates.
– Formation of the new SE Nelson Wayside Special Road District was approved by voters to maintain public roads within the district’s established boundaries. This creates a new permanent tax rate of $0.50 per thousand assessed value for properties within the district’s service area.
– Depoe Bay Rural Fire Protection District was approved for a new five-year local option levy of $1.09 per $1,000 assessed value for properties within the district’s service area. This replaces the previous local option levy of $0.61, resulting in a net tax rate increase of $0.48 per thousand assessed value for properties within the district’s service area.
Within Lincoln County there are 76 local taxing districts, including education districts, health districts, city, county, port, local fire, water, road, special assessment districts and urban renewal. All of these have distinct tax rates, and most have different geographic boundaries, so overall tax rates for individual properties vary by location.
|BREAKDOWN OF COUNTYWIDE PROPERTY TAXES IMPOSED|
|Operating Levies & Bonds||$117,656,901.87||$123,696,208.05||$6,039,306.18|
|Add Tax & Penalties||$105,753.52||$101,229.46||-$4,524.06|
Tax statements will display total amounts imposed by individual districts, along with current and prior year property values. Values for both years are categorized by land, structure, total real market value and total assessed value. Taxpayers disputing their property values are encouraged to contact the Assessor’s office. Appraisal staff will be available to answer questions and review properties for value adjustments up to December 31st, 2020. Taxpayers also have the option to file petitions with the Board of Property Tax Appeals until December 31st, 2020. Appeal rights are described in detail on the back of the tax statement.
The Lincoln County Assessor and Tax Collector’s
– Offices would like to remind property owners who are survivors of recent fire damage that adjustments may be made to your property taxes to reflect loss in assessed value. If your property has been damaged or destroyed by fire, please contact us for review.
Additional information and forms on Fire or Act of God Tax Proration can be found here:
Lincoln County Assessor’s and Tax Collector’s offices are currently open by appointment only. Generally, value and tax-related questions can be answered by phone or email, however, if you’d like to speak to someone in person you may contact us to schedule an appointment:
Assessor’s Office: (541) 265-4102 firstname.lastname@example.org
Tax Office: (541) 265-4139 email@example.com
Joe Davidson – Regarding Tax Rates and Values
225 W. Olive Street, Room 207
Newport, OR 97365
Jayne Welch – Regarding Tax Collection
225 W. Olive Street, Room 205
Newport, OR 97365