2011 ORS § 357.266¹
Financing district activities
  • limitation on assessment

Each year the district board shall determine and fix the amount of money to be levied and raised by taxation, for the purposes of the district. The total amount in dollars and cents shall not exceed one-fourth of one percent (0.0025) of the real market value of all taxable property within the district computed in accordance with ORS 308.207 (Computation of real market value for taxing or bonding limitations). [1981 c.226 §11; 1991 c.459 §387]