ORS 550.300
Financing construction, operation or maintenance of district works

  • local option taxes prohibited

(1)

The board of directors may finance the construction, operation or maintenance of district works by the following means:

(a)

Assessments made under ORS 550.310 (Assessments against benefited lands for district works) against the benefited lands in the district, with or without the issuance of works bonds.

(b)

Service and user charges imposed under ORS 550.330 (Service and user charges for district works), with or without the issuance of revenue bonds.

(c)

Issuance of general obligation bonds under ORS 550.340 (General obligation bonds).

(d)

Any other means authorized by law.

(e)

Any combination of the means described in this section.

(2)

Notwithstanding subsection (1) of this section, the board of directors may not levy local option taxes under ORS 280.040 (Definitions for ORS 280.040 to 280.145) to 280.145 (Serial levy under former law). [2019 c.621 §16; 2022 c.16 §13]

Source: Section 550.300 — Financing construction, operation or maintenance of district works; local option taxes prohibited, https://www.­oregonlegislature.­gov/bills_laws/ors/ors550.­html (accessed May 26, 2025).

Current through early 2026

§ 550.300. Financing construction, operation or maintenance of district works's source at oregon​.gov