July 11, 2014 | Oregonlive.com-- Portland Mayor Charlie Hales says "nothing is off the table" in the search for an immediate infusion of cash to fix the city's roads.
Hales' comments came in a wide-ranging Monday discussion with The Oregonian's Editorial Board. Hales and Commissioner Steve Novick, who runs the city's Bureau of Transportation, want to raise up to $53 million annually to pay for road safety and maintenance projects.
The current plan, tabled in early June and scheduled to return for a City Council vote in November, calls for monthly fees on both residents and businesses. For a typical homeowner, the annual cost would reach $144.
Hales and Novick said that regardless of the form, the city needs to collect roughly the same amount of revenue -- approximately $50 million -- each year. Other proposals introduced at recent city town halls include increasing the city's business income tax, instituting a progressive income tax or establishing a sales tax. READ FULL ARTICLE