Oregon Daily WEDNESDAY, JUNE 3, 1992 EUGENE, OREGON VOLUME 93. ISSUE 166 While you were in class... -ptmrbjmsi Hjjs*** S/'/an Hoeler spent Monday afternoon riding the waves of the Willamette River to Peat the heat Today's temperature m the Eugene-Sprmgfieid area is expected to reach up to 85 degrees Split-Roll tax initiative backed by ASUO, OSL j Student President Bobby Lee says split-roll property tax would reduce the need for fu ture cuts at the University By Tim Neff Emerald Associate E ditor An Initiative designed to restore much of the lav revenue cut by Measure '• drew the support of University student government Tuesday morning at a joint (tress confer ence ASUO, Student Senate and the Oregon Student hobby endorsed Oregon I air Share's Splil-Koll Initiative, which is aimed at increasing properly taxes for rent al-property owners and businesses but not homeowners That increase would restore an estimated 70 percent of thi- property tax revenue eliminated by the passage of Measure f> in 1‘i‘H) ASUO President Bobby late said lire ini tiative would provide much-needed relief to the University, which has compensated for the Measure fi budget crunch by raising tuition and cutting programs and services "This initiative is part of « solution that will play a significant rule in lowering lot lion and restoring services." Lee said The student groups portrayed the initia tive as a “bat k-up’ plan and urged the Leg isluturc to convene a special session id hammer out .1 tax reform proposal "If a sjnTi.il session is not culled by thu log is In tors, thu split-roll lax package would be tin' bark-up plan to give Oregonians tin* ojijHirtumlv to voir lor replm rinmil rrv nnun," l.rr said Tin* split-roll tax would generate rrjilut e menl revenue by taxing businrssrs and rrnlal jiropurtii’s at a blglirr rale than homeowner* Passagr of tbr split-roll miliallvr would jdai.r tbr upward limit on businrss |iro|>rr ly taxis at S 10 |>rr SI.000 of assrssrd val ur Krsidrntial property taxers would Im i.apfird at S1 S pur $ I .(too Under Measure ,r>, lax rales lor Isilli bus! ness and residential projierties will It re duced lo SIS |>er $t.0(H) ol assessed value by ItHlf) l ltr resulting dro|> in pro|>rrly lax revenue has reduced money available lor I cm ally funded programs Measure T> requires thill the the state compensate lor the shortfall, whit h il lias done by si|droning money from the slate general fund That re.dim alum lias cut money available lor stale programs and six vices, including universities Ort-g Parker, direi lor of communications for the Oregon State System ol Higher lain cation, said Measure f> resulted m on 11 percent system-wide budget cut When Turn to INITIATIVE. Pago 4 Course to address race issues □ Law School offers sum mer course on racial injus tice in the criminal system By Daralyn Trappe Emerald Associate Edita On thu hauls of the Kodnoy King vor dict awl subsequent riots. lh« Uni varsity School of Law is sponsoring a course this summer that will otidress thu on going problem of racial injustice "Facial Issues in the Criminal Sys tem" is being organized by several fac ulty and staff members In tbe law school but Is open to oil University students. Faculty from several disciplines on campus, including law. Knglish and cor rections, will lie on hand to offer per spectives Because the class Is being or ganized on short notice, some final doci Turn to COURSE. Page 5 Buy-back book prices subject to outside influences jThe bookstore strives to give stu dents a fair price, but lack of publish ing competition puts retailers in a bind By Mandy Baucum Fmeraid Reporter _ Although students may feci the bookstore Isn't giving them a good price for their used books, the buy-back price is subject to change because of influences outside the bookstore. In addition, publishers tend to jack up new book prices because they don’t make u profit on used books. Bookstore General Manager Jim Williams said. Williams added that fcWor course books are sold from publisher to bookstore because of the rise in used book sales over recent years Ten years ago, fewer user! books were offered and the prices were lower because of it, he said. Copyrights give publishers a lock on the market for their books. The lack of competition allows publishers to set their own prices, putting retail outlets in u bind. "Wo have no control over invoice prices." said Me linda Hochendoner. bookstore used book coordinator. Teachers who fail to submit their book orders early also have an effect on user) book prices "Teachers are more conscious of book order subrais slons now than they were fivo years ago." VViiliurns said. Hod) Wiiliums and Hor.hendoner said they try lo give students the best buy-back price they possibly can. Hut sometimes the prices vary because after the bookstore reaches its limit on a certain book, the buy-back price reverts back to the national wholesale price. The University bookstore has three nationwide wholesalers who buy and sell used books. The whole salers are located in Mississippi. Nebraska and Missou ri. The bookstore aims for 50 percent of the new hook price us their buy-back rate, until they fulfill their quota for that book. After that, the book returns to the nation al wholesale price For example, a student buying a new hook from the book store during fall term at S40 will usually receive S20 (if the bookstore quota has yet to be filled) as the buy-back profit That same book is resold for S30 as a used book The $10 difference is part of the bookstore's grt>ss profit which supplies ti with enough money to run itself if the hook was not going to he used for the next term, it would he bought back at a price determined by the wholesalers. In this case that would lx; an $H buy-back price. Of the SH buy-back price, SI.GO goes to the bookstore for operation costs. ‘Buy-back prices are not an arbitrary decision. The bookstore has a very systematic way of determining book prices. We try to be a resource for students and faculty members.’ Jim Williams, Bookstore general manager If a toucher turns in a book order lute, and the lx>ok sloris, not knowing the hook will be used, sells the book to one of its three wholesale companies, the buy-back price of the book will tie lower (SH) than it would if it hud never left the bookstore (S20). because the bixik store has to buy buck the book they just sold to the wholesale company, If the txxik is not solfl to the wholesalers it is, as stat ed earlier, sold to the student for $30 But the buy-back price will still be S20. bused on tin- original new hook price. New edition publishing is another factor affecting Turn to BUY-BACK, Page 4