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Council sets 43.5% PPTRA allocation and transfers $750,000 for stadium LED lighting
Summary
Salem City Council adopted Resolution 1524 setting the 2026 Personal Property Tax Relief Act allocation at 43.5% and approved a $750,000 transfer from capital reserve to fund LED lighting at Salem Stadium, both by unanimous votes.
On April 13, Salem City Council adopted two financial measures: a resolution setting the allocation percentage for the Personal Property Tax Relief Act (PPTRA) at 43.5% for tax year 2026, and a $750,000 appropriation from the Capital Reserve to fund replacement of field lighting at Salem Stadium with LED fixtures.
Finance Director Rosie Jordan explained…
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