Oregon Code § 264.382·Enacted ·Last updated March 01, 2026
Statute Text
Deficit assessment.
In the event that an assessment is made before the total cost of the
improvement is ascertained, and if it is found that the amount of the
assessment is insufficient to defray the expenses of the improvement, the
district board may, by motion, declare such deficit and prepare a proposed
deficit assessment. The board shall set a time for a hearing of objections to
such deficit assessment and shall direct the secretary to publish one notice
thereof in a newspaper of general circulation in the district. After the
hearing the board shall make a just and equitable deficit assessment by
ordinance, which shall be entered in the lien docket as provided by ORS 264.362
to 264.394. Notices of the deficit assessment shall be published and mailed and
the collection of the assessment shall be made in accordance with ORS 264.376
and 264.378. [1969 c.686 §13]
Plain English Explanation
This Oregon statute addresses Deficit assessment. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 264.382
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Deficit assessment. Read the full statute text above for details.
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