Section 310.216 – Pre-reduction Measure 50 taxes.
(1) The assessor shall determine pre-reduction Measure 50 taxes under this section. (2) For each taxing district in the county, the assessor shall subtract from the taxing district’s Measure 5 imposed tax estimate all of the following: (a) The total amount imposed to pay principal and interest on exempt bonded indebtedness; (b) The amount certified […]
Section 310.218 – Preliminary reduction percentages.
(1) The assessor shall compare the pre-reduction Measure 50 tax for the district with the Measure 47 comparison tax for the district, and determine the percentage by which the Measure 47 comparison tax is less than the pre-reduction Measure 50 tax for the district. (2) The percentage determined under this section shall be the preliminary […]
Section 310.220 – Assessor certification to Department of Revenue; contents.
The assessor shall certify to the Department of Revenue for each taxing district and code area in the county: (1) A preliminary reduction percentage determined under ORS 310.218; (2) The pre-reduction Measure 50 tax applicable to the district, as determined under ORS 310.216; (3) The Measure 47 comparison tax applicable to the district, as determined […]
Section 310.222 – Computation of 1997 Measure 50 reduction and supplemental statutory reduction; certification to assessor.
(1) Upon receipt of all certifications made under ORS 310.220, the Department of Revenue shall compute: (a) A statewide constitutional reduction percentage for pre-reduction Measure 50 taxes so as to achieve a statewide average reduction in Measure 50 taxes of 17 percent; and (b) A supplemental statutory reduction percentage so as to achieve a statewide […]
Section 310.228 – Determination of state replacement obligation.
(1) Based on the constitutional reduction amounts computed under ORS 310.222, the Department of Revenue shall determine the statewide total amount of constitutionally required reduction certified under ORS 310.222 (8), excluding statutory reduction amounts, for: (a) School districts; (b) Education service districts; (c) Community college districts; and (d) Community college service districts. (2) Amounts appropriated […]
Section 310.230 – Adjustment of Measure 47 comparison taxes and supplemental statutory reduction to account for certain additions of value.
(1) If the total statewide amount of additions of value certified to the Department of Revenue under ORS 310.220 (4) exceeds four percent of the assessed value of taxable property in this state for the tax year beginning July 1, 1997 (not taking into account the additions of value certified under ORS 310.220), the department […]
Section 310.232 – Subtraction of urban renewal increment from assessed value.
The assessed value of taxable property of a taxing district shall be further adjusted by the assessor for purposes of determining the district’s amount of taxes before compression under ORS 310.242 by subtracting any assessed value in the district attributable to an urban renewal increment in the district. [1997 c.541 §31]
Section 310.234 – Nonschool taxing district 1997-1998 operating tax adjustment for timber offsets.
If the taxing district is a district other than a school district, education service district, community college district or community college service district and is a district for which the assessor is directed to offset timber harvest privilege tax revenues against the district’s ad valorem property taxes under ORS 321.312 or 321.515 (1997 Edition), the […]
Section 310.105 – Rate adjustments to reflect nontimber offsets; no effect on permanent or statutory rate limits.
(1) If a taxing district lying in two or more counties is entitled to offsets which have been provided by statute, the rates determined under ORS 310.090 shall be further adjusted to reflect the offsets. (2) Adjustments under this section shall be made to ensure that the rate of taxation is uniform throughout the taxing […]
Section 310.200 – Purpose.
The purpose of ORS 310.200 to 310.242 is to set forth the procedure by which tax reductions caused by implementation of section 11, Article XI of the Oregon Constitution, and caused by additional statutory reductions, for the tax year beginning July 1, 1997, are to be distributed to the property taxpayers and taxing districts of […]