Top ten property taxpayers in Lane County
The proposed Lane County budget makes cuts to contend with the loss of revenue from the Secure Rural Schools and Communities Act.
David Garnick, budget/financial planning manager for Lane County, said those cuts only get the country through fiscal year 2010/2011 without the need for further cuts.
Garnick said the county faces a "structural deficit" whereby costs associated with delivering government services outpace growth in property tax revenues. Expenses are growing at about 5 to 6 percent a year; revenues are only growing at 3 to 4 percent due to limits on property taxes enacted by Oregon voters.
But who are the top taxpayers and how much do they pay?
The Lane County budget overview details the top ten.
Hynix Semiconductor (high-tech manufacturing) $6,023,784
Weyerhaeuser Co. (wood products) $5,835,734
Qwest Corp. (utility) $2,097,528
Valley River Center (retail) $1,681,298
Symantec Corporation (customer care) $1,315,454
Northwest Natural Gas (utility) $1,251,096
PeaceHealth (health) $1,119,256
Gateway Mall Partnership (retail) $885,615
Verizon Wireless VAW (utility) $701,897
Molecular Probes, Inc. (high-tech manufacturing) $645,579
