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HomeMy WebLinkAbout2011-062 Sr Tax Deferral LtrC1TY OF �SHLAND May 11, 2011 To: Senator Alan Bates and Representative Peter Buckley From: City of Ashland Re: Support for Senior Citizens' Tax Deferral Program Sent via email Dear Senator Bates and Representative Buckley: On behalf of the Ashland City Council, I am writing to express our support of the continuation of the State of Oregon Senior Citizens' Tax Deferral Program. As you know, this program has been in place since 1963 and assists senior citizens to stay in their homes with money saved from deferral of real property taxes. This is a revenue neutral program and accomplishes a positive social purpose benefitting seniors. The program guarantees the payment of an eligible senior's property taxes to the County and City. Deferred property taxes plus 6% interest are re-paid by the estate of the deceased senior. The Ashland City Council requests the State Legislature to advance the funds necessary to continue this program in its current state. Thank you for your work on behalf of Oregon. Sincerely, o Stromberg, Mayor City of Ashland