Medford budget details PERS increases, property tax reductions

Medford, Ore. — The city budget committee got it’s first look at Medford’s upcoming budget for 2017 -2019. The nearly $295-million dollar budget accounts for increases in PERS payments and healthcare costs, as well as a decrease of about $3-million dollars in property taxes.

That property tax reduction is a result of a debt repayment by the Medford Urban Renewal Agency, meaning homeowners will see a reduction in their property taxes this fall.

The city’s finance director says the budget was balanced without making any cuts to personnel while maintaining services. However, the proposed budget doesn’t include any of the anticipated  revenue from marijuana sales.

“We did not want to budget a revenue source we didn’t know what it was going to be because then you have expenses that you offset with that,” Medford City Manager Brian Sjothun says, “so we’ll come back in the second year of the biennium and meet with the budget committee again and we’ll have a real sense of what we feel we’re going to collect and then let them set the priorities on where they want to spend that money.”

The first public meeting regarding the budget will be held Monday, April 24th, at the Medford Police Department at 6 p.m. The committee is set to vote on the budget in June.

Kristin Hosfelt anchors NBC5 News at 6 with NBC5 News Director Craig Smullin. Kristin is originally from the Bay Area. She earned her Bachelor of Science degree in Broadcast Journalism from San Jose State University.

She comes to KOBI-TV/NBC5 from Bangor, Maine where she was the evening news anchor. Kristin has won multiple journalism awards including Best Feature Reporting in the State of Maine.

When Kristin is not sharing the news she's hunting down the best burrito, hiking a local trail or buried in a Jodi Picoult novel. She's also a Green Bay Packers shareholder! If you see her out and about she'd be happy to tell you how a California girl became a Cheesehead.

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