Offsets due to a district shall be deducted from the total of all ad valorem levies within each category certified by the district on the basis of the ratio that each category of levy bears to the total amount of all levies of the district.

Example: A county levies for general government, school operations (county school fund), and exempt debt service. This illustrates allocation of an offset of taxes paid under ORS 311.160 (1⁄4 of 1% offset).

Offset allocation formula: [Formula not included. See ED. NOTE.]

[ED. NOTE: To view attachments referenced in rule text, click here for PDF copy.]

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 311.105

History

REV 15-2017, f. & cert. ef. 6-15-17
Renumbered from 150-311.105(1)(b), REV 28-2016, f. 8-12-16, cert. ef. 9-1-16
RD 8-1991, f. 12-30-91, cert. ef. 12-31-91