The ratio of average maximum assessed value to real market value, also known as the changed property ratio, shall be rounded to two decimal places for purposes of assessed value calculation. See OAR 150-308-0140.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 308.540

History

Renumbered from 150-308-0540, REV 56-2016, f. 8-13-16, cert. ef. 9-1-16
REV 8-1998, f. 11-13-98, cert. ef. 12-31-98