Oregon Code § 452.153·Enacted ·Last updated March 01, 2026
Statute Text
Budget; taxing authority; rate limitation.
(1) The board of trustees of any district, annually
as provided in this section, may levy a tax on all the property in the district
to provide moneys for all purposes required under ORS 452.020 to 452.170 during
the next succeeding fiscal year. However, the taxes levied under this section
may not exceed two-tenths of one percent (0.002) of the real market value of
all taxable property within the district, computed in accordance with ORS
308.207.
(2) Each year,
immediately after necessary records are made, the county assessor of the county
in which the district is situated shall transmit to the board of trustees a
statement in writing, showing the total value of all property within the
district as ascertained for that year from the assessment rolls of the county.
(3) The board of
trustees shall prepare a budget in the form, manner and time prescribed in the
Local Budget Law and in accordance therewith fix the amount of money to be
raised by taxation for carrying out its functions and activities. In the manner
and time prescribed by law, the board shall transmit to the county assessor a
statement of taxes that are to be collected. Assessment and collection of taxes
levied on property within the district shall be made by the county officers
charged with assessment and collection of other property taxes in the county in
which the district is situated. [1965 c.609 §2; 1967 c.205 §1; 1973 c.256 §1;
1981 c.640 §10; 1991 c.459 §407]