Property Tax Rates and Amounts

ORS 310.090
Computation of rate for each item of tax

  • category rates
  • total rates

(1)

Subject to ORS 310.070 (Procedure when taxes exceed limitations or are incorrectly categorized), the county assessor shall compute the rate for each item of ad valorem property taxes, the category rate of ad valorem property taxes for each category described in ORS 310.150 (Segregation into categories) and the total rate of ad valorem property taxes for each taxing district as provided in this section.

(2)

If the item of tax that is reported on the notice filed under ORS 310.060 (Notice certifying taxes) is an amount, the rate of tax for that item shall be computed by dividing the amount by the assessed value used to compute the tax rate. The assessed value used to compute the tax rate is the tax levying district’s assessed value adjusted as otherwise provided by law.

(3)

The computed tax rates under subsection (2) of this section or as reported on the notice filed under ORS 310.060 (Notice certifying taxes) shall be carried to the number of decimal places specified by rule of the Department of Revenue and truncated. The truncated rate shall be expressed as a rate per thousand dollars of assessed value.

(4)

All of the taxing district’s taxes that are reported on the notice filed under ORS 310.060 (Notice certifying taxes) as rates and that are within the same category under ORS 310.150 (Segregation into categories) shall be added together and added to the rates computed under subsection (2) of this section that are within the same category to obtain the category rates for the taxing district.

(5)

The total tax rate of the district shall be the total of the truncated tax rates calculated for the taxing district for the year. [Amended by 1967 c.293 §11; 1991 c.459 §221; 1997 c.541 §248]

Notes of Decisions

As to rounding up so as not to lose any part of levy in arriving at statutorily required “even amount of dollars and cents”, tax rate is only way of expressing levy and calculating rate is part of levy process thus requiring that assessors provide procedure to ensure that excess is not assessed. Dennehy v. Dept. of Revenue, 305 Or 595, 756 P2d 13 (1988)

Source

Last accessed
May 26, 2023

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