ORS 334.293¹
Direct ad valorem tax required to pay bonds

Notwithstanding ORS 334.240 (District budget) and 334.285 (Apportionment of taxes), each education service district shall ascertain and levy annually, in addition to all other taxes, a direct ad valorem tax on all taxable property in the education service district sufficient to pay the maturing interest and principal of all education service district bonds promptly when and as the payments become due. The board in each year shall include the taxes in the education service district budget for that year. [1995 c.333 §13; 2005 c.209 §20]

Atty. Gen. Opinions

District financing of operating budget and equaliza­tion, (1975) Vol 37, p 401

1 Legislative Counsel Committee, CHAPTER 334—Education Service Districts, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors334.­html (2019) (last ac­cessed May 16, 2020).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2019, Chapter 334, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano334.­html (2019) (last ac­cessed May 16, 2020).
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information