Current through Register Vol. 61, No. 4, April 1, 2022
Cities that use the provisions of ORS
222.111 shall certify their ad
valorem property taxes as outlined in this rule.
(2) When a city certifies taxes under ORS
310.060 it shall include an
additional schedule setting forth the ratio of the rate in the annexed area to
the highest rate of taxation for city purposes to other property in the city as
provided in the annexing ordinance. It is the responsibility of the city to
inform the assessor of the ratio to be applied in each portion of the city
according to the phase in provisions.
(3) When final value for the tax year is
known, the assessor shall calculate the city tax rates based on the ratio
schedule included with the city notice of property tax certification.
(4) At the time of adoption of the
ordinance that will phase-in the tax rate, the city shall notify the assessor's
office and the assessor shall establish separate code areas for each territory
subject to phase-in.
Admin. R. 150-222-0100
f. 12-18-87, cert. ef. 12-31-87; REV 4-1999, f. 12-1-99, cert. ef. 12-31-99;
Renumbered from 150-222.111,
15-2016, f. 8-10-16, cert. ef.
Stat. Auth.: ORS
Stats. Implemented: ORS