Property tax categories; limitation on categories; exceptions

• Currency: Current through 2021 ballot measures
• Citation: Or. Const. art. XI § 11b

(1) During and after the fiscal year 1991-92, taxes imposed upon any property shall be separated into two categories: One which dedicates revenues raised specifically to fund the public school system and one which dedicates revenues raised to fund government operations other than the public school system. The taxes in each category shall be limited as set forth in the table which follows and these limits shall apply whether the taxes imposed on property are calculated on the basis of the value of that property or on some other basis:

MAXIMUM ALLOWABLE TAXES

For Each $1000.00 of

Property's Real Market Value

<TABLE><TBODY> <TR> <TD> <para><underscore>Fiscal Year</underscore></para> </TD> <TD> <para><underscore>School System</underscore></para> </TD> <TD> <para><underscore>Other than Schools</underscore></para> </TD> </TR> <TR> <TD> <para>1991-1992</para> </TD> <TD> <para>$15.00</para> </TD> <TD> <para>$10.00</para> </TD> </TR> <TR> <TD> <para>1992-1993</para> </TD> <TD> <para>$12.50</para> </TD> <TD> <para>$10.00</para> </TD> </TR> <TR> <TD> <para>1993-1994</para> </TD> <TD> <para>$10.00</para> </TD> <TD> <para>$10.00</para> </TD> </TR> <TR> <TD> <para>1994-1995</para> </TD> <TD> <para>$ 7.50</para> </TD> <TD> <para>$10.00</para> </TD> </TR> <TR> <TD> <para>1995-1996</para> </TD> <TD> <para>$ 5.00</para> </TD> <TD> <para>$10.00</para> </TD> </TR> <TR> <TD> <para>and thereafter</para> </TD> </TR> </TBODY> </TABLE>

Property tax revenues are deemed to be dedicated to funding the public school system if the revenues are to be used exclusively for educational services, including support services, provided by some unit of government, at any level from pre-kindergarten through post-graduate training.

(2) The following definitions shall apply to this section:

(a) "Real market value" is the minimum amount in cash which could reasonably be expected by an informed seller acting without compulsion, from an informed buyer acting without compulsion, in an "arms-length" transaction during the period for which the property is taxed.

(b) A "tax" is any charge imposed by a governmental unit upon property or upon a property owner as a direct consequence of ownership of that property except incurred charges and assessments for local improvements.

(c) "Incurred charges" include and are specifically limited to those charges by government which can be controlled or avoided by the property owner.

(i) because the charges are based on the quantity of the goods or services used and the owner has direct control over the quantity; or