Lincoln County Library District
Local Option Tax for Library Funding.
Shall the Library district renew the levy of 9¢ per $1000 assessed value for five years, beginning 2010 to 2011, to fund your library?
This measure will renew the expiring local option tax. Approval of this measure continues providing funding at its present level for the Lincoln County Library District and the funding it provides to libraries in Lincoln City, Newport, Siletz, Toledo, and Waldport.
It is estimated that this measure would raise approximately $313,285 in tax revenues for 2010 to 2011, $322,684 in tax revenues for 2011 to 2012, $332,364 in tax revenues for 2012 to 2013, $342,355 in tax revenues for 2013 to 2014 and $352,605 in tax revenues for 2014 to 2015. The estimated tax cost for this measure is an estimate only based on the best information available from the county assessor at the time of the estimate.