Oregon Code § 222.225·Enacted ·Last updated March 01, 2026
Statute Text
Economic feasibility statement required; contents.
When a petition to create a city
under ORS 222.210 to 222.310 is filed with the clerk or recorder of a city
under ORS 222.230, an economic feasibility statement concerning the proposed
city described in the petition shall also be filed with the clerk or recorder.
The economic feasibility statement shall be prepared by the petitioners and, if
applicable, shall form the basis for the proposed permanent rate limit for
operating taxes required by ORS 222.230 (2). The economic feasibility statement
shall contain:
(1) A description
of the services and functions to be performed or provided by the proposed city;
(2) An analysis
of the relationship between those services and functions and other existing or
needed government services; and
(3) A proposed
first year line item operation budget and a projected third year line item
operating budget for the new city that demonstrate its economic feasibility. [1989
c.92 §33; 1997 c.541 §355]