Banks Urban Renewal Agency FY Annual Report

Public Notice The Banks Urban Renewal Agency (Agency) has published the FY 2021/2022 Banks Urban Renewal Plan annual report. It is on file at City Hall and with the Agency. The full information is available to all interested persons. In FY 2021/2022, the Agency received $71,020 in property tax revenue. They expended $2,075. The estimated tax revenues for FY 2022/2023 are $60,000. The 2022/2023 budget includes $226,700 in revenues and expenditures. The amount of maximum indebtedness remaining for the Plan Area is $29,982,591. The impacts on taxing districts due to the Banks Urban Renewal Plan in FY 2021/2022 are shown below. Taxing District Impact Washington County 15,237 Banks School District 34,007 SWC Tualatin 545 Port of Portland 467 Banks RFPD 7,341 City of Banks 13,350 Portland Community College 1,914 NW Regional Education Service Dist. 1,043 TOTAL: $73,904 Publish February 1st & 8th, 2023 FGNT271057

ad: 271057

Publication: OPC Legals 2

Section: Legals

Start Date: 2023/02/01

End Date: 2023/02/09

Owner: City of Banks


County: Washington