Or. Admin. R. 150-311-0100

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

Section 150-311-0100 - Applying Offsets to Ad Valorem Tax Levies

Offsets due to a district shall be deducted from the total of all ad valorem levies within each category certified by the district on the basis of the ratio that each category of levy bears to the total amount of all levies of the district.

Example: A county levies for general government, school operations (county school fund), and exempt debt service. This illustrates allocation of an offset of taxes paid under ORS 311.160 (1/4 of 1% offset). [Formula not included. See ED. NOTE.]

RD 8-1991, f. 12-30-91, cert. ef. 12-31-91; Renumbered from 150-311.105(1)(b), REV 28-2016, f. 8-12-16, cert. ef. 9/1/2016; REV 15-2017, f. & cert. ef. 6/15/2017

Formula referenced is not included in rule text. Click here for PDF copy of formula.

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 311.105