PORTLAND VOTERS TO DECIDE FATE OF OREGON ZOO WITH $380 MILLION BOND MEASURE IN MAY BALLOT

The fate of furry and feathered residents at the Oregon Zoo is hanging in the balance as a hefty $380 million bond measure is set to appear on the May ballot for Portland-area voters.

The proposal, which was given the green light by the Metro Council this February, marks the institution's first financial ask from the public purse since 2008 when a $125 million bond was heartily endorsed by 60% of voters, as reported by OPB.

If voters decide to optimistically give the thumbs up to this move, the bond would carry on to impose a tax rate of 8.5 cents per $1,000 of taxable property value, without bringing any additional burden to the property owners in Multnomah, Washington, and Clackamas counties.

In fact, for homes assessed at $400,000, this translates to an annual tax hit of $34 – precisely no more than what they're currently paying, provided that the bond skates through the approval process.





https://hoodline.com/2024/04/portland-voters-to-decide-fate-of-oregon-zoo-with-380-million-bond-measure-in-may-ballot/