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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 that vehicles valued at $1,000 or less receive 100% relief and vehicles between $1,000 and $20,000 receive partial relief based on the allocation percentage; the calculated rate for the current year is 43.5%. Council adopted Resolution 1524 to implement the rate in the tax billing system (motion by Byron "Randy" Foley; seconded by Hunter Holliday). The vote was unanimous.
Councilman Randy Foley described the stadium lighting replacement as replacing fixtures installed in 1985 (modified in 1999) and said procuring lights now rather than in July would avoid renting truck-mounted lights for the 2027 Stagg Bowl. He noted LED fixtures offer lower energy use and a 10-year warranty covering maintenance. Council approved transferring $750,000 from the Capital Reserve account to the Salem Stadium LED Lighting expenditure account (motion by Randy Foley; seconded by John Saunders); the council voted unanimously to approve the transfer and specified unused funds will be returned to the Capital Reserve upon project completion.
Both measures passed without recorded opposition.
