Or. Admin. R. 150-308-0570

Current through Register Vol. 63, No. 6, June 1, 2024

Section 150-308-0570 - Computation of Changed Property Ratio for Centrally Assessed Property

The ratio of average maximum assessed value to real market value, also known as the changed property ratio, shall be rounded to two decimal places for purposes of assessed value calculation. See OAR 150-308.149(3).

Or. Admin. R. 150-308-0570

REV 8-1998, f. 11-13-98, cert. ef. 12-31-98; Renumbered from 150-308-540, REV 56-2016, f. 8-13-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 308.540