Instructions For Form Ed-50 Notice Of Property Tax And Certification Of Intent To Impose A Tax

Part II: Rate limit certification

Part III: Schedule of local option

taxes

Most districts had a permanent rate limit established

in 1997–98 for operating taxes. Other districts will

Complete this schedule if you have one or more

have new permanent rates because of a merger or

voter-approved local option taxes. For each local

consolidation. Some taxing districts in Deschutes and

option tax, list the purpose of the tax (operating or

Linn Counties had their permanent rate authority

capital project), the date voters approved it, the first

reduced by the 1999 legislature. The reduced rates

year the tax can be imposed, the final year the tax

were effective beginning in 2000–01.

will be imposed and the dollar amount or rate autho-

rized to be imposed each year.

Part II of this form is designed to notify the asses-

sor of your limit.

The information you provide in this schedule sup-

ports the local option tax amounts on lines 2 and 3

Line 6. Enter in box 6 the district’s permanent rate

in Part I.

limit per $1,000 of assessed value. The rate should

be carried four places to the right of the decimal

Submission to assessor

point. If you do not know your permanent rate limit,

contact your county assessor, or the Department of

If you are imposing a property tax, you must sub-

Revenue, Finance and Taxation Unit.

mit the following documents to the county assessor

Line 7. If you are a new district enter the date of

in each county in which this tax is imposed by July

the election in which the voters approved your rate

15, or the date of extension granted by the assessor:

limit. You only need to complete this line for the first

• Two copies of the resolution statements that adopt

year your new permanent rate is certified. If you use

the budget, make appropriations, levy taxes, and

line 7, include a copy of the ballot measure with

categorize the taxes.

your certification documents.

• Two copies of a complete ED-50.

Line 8. If your district went through a merger or

• Copies of any newly approved local option ballot

consolidation in 2000–01, show your estimated per-

measures.

manent rate limit on this line. Before taxes are ex-

The assessor may request additional documents.

tended on the roll for 2001–02, the assessor will

Note: Submit complete budget documents to your

calculate a permanent rate limit for your district us-

ESD, the Department of Education, and the county

ing actual values. You will be notified of the actual

clerk [ORS 326.310(4)]. The county clerk must re-

new permanent rate limit. If your estimated rate is

ceive your complete budget document by Septem-

higher than the actual permanent rate limit, the as-

ber 30 [310.060(7)]

sessor will use the actual rate. If your estimated rate

is less than the actual permanent rate limit, the as-

sessor will use the estimated rate.

Instructions For Form Ed-50 Notice Of Property Tax And Certification Of Intent To Impose A Tax - 2001-2002 Page 2

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