Property tax reform took center stage during the Oregon Senate Committee on Finance and Revenue meeting on June 23, 2025, as lawmakers grappled with the pressing need for funding public safety services. Representative Walters, a former mayor of West Linn, emphasized the critical nature of the issue, stating that the recent bill aimed at property tax reform is essential for ensuring adequate resources for local governments.

Walters pointed out that the current property tax system, shaped by Measures 5 and 50, has created significant challenges for cities and counties in meeting the needs of their residents. He described the ongoing legislative efforts as "band-aids" that have failed to address the root problems, making comprehensive reform necessary. "Unwinding all of that is gonna be a bit of a morass," he noted, highlighting the complexity of the situation.

The discussion underscored the urgency of reforming property taxes to bolster public safety funding and support local economies, including tourism. Walters concluded by stressing the importance of immediate action to keep Oregonians safe while also providing necessary financial support to promote local tourism.

As the meeting progressed, the committee welcomed representatives from the Oregon Restaurant and Lodging Association, signaling a broader conversation about the intersection of taxation, public safety, and economic vitality in Oregon. The outcomes of these discussions could shape the future of local governance and community safety across the state.