(Tlje ^ o rtla n h (Obscrucr October 01. 2003 Is this really the right time to raise property taxes? Before you vote on a government takeover of Pacific Power and PGE, stop and consider how much it would cost you. New Property Taxes Higher Rates? This fall, we'll be asked to vote on forming a new How high would electric rates go? No one knows. layer of government to take over the reliable electric However, the Oregon Office of Energy concluded service we've already got. And this new government that there is no way this new government owned utility is already asking for new property taxes. utility can guarantee lower rates than what customers According to Multnomah County, a yes vote may cause property taxes to increase more than 3 percent. are already paying. Less Reliable Power And who knows how much they'll ask for in the future. The boundary lines of this new government owned We’d Pay More than $1 Billion This new government owned utility would have to pay more than $ l billion to take over the poles, wires and substations of PGE and Pacific Power. Where would utility are poorly thought out and make no sense. They would cut the existing service territory to pieces. The new service territory could be full ol holes. It would cost millions of extra dollars to serve this they get the money? From us —the ratepayers. We'd all fractured territory—with less reliability. Why pay more pay for it through higher electric rates. for lower quality service? The answ er is clear: Vote NO NO on both Measures 26-51 & 52. Stop the Costly Government Takeover. Citizens Against the Government Takeover PO. Box 40261 • Portland, OR 97240-0261 • 503-552-5015 • www.CitizensAgainstTheGovemmentTakcover.com Page A3