Instructions For Form Ed-50 - Notice Of Property Tax And Certification Of Intent To Impose A Tax, Fee, Assessment Or Charge On Property - 1999-2000

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Instructions for Form ED-50
Notice of Property Tax and Certification of Intent to
Impose a Tax, Fee, Assessment or Charge on Property
Form ED-50 is used by school districts, ESDs, and
amount can not exceed the amount raised within
community colleges to certify the taxing district’s
the rate limit.
property tax levy to the county assessor. Notice
Line 2. Community college districts may have a
of levy is due to the county assessor by July 15,
local option levy (ORS 280.040(2)). If the commu-
unless a written extension has been granted.
nity college is certifying a local option tax for
operations, enter an amount or rate in box 2. If
General instructions
you certify a rate, enter the rate per $1,000 to be
In the spaces at the top of this form, fill in:
used by the assessor in extending your 1999–00
local option rate tax for purposes other than capi-
• The name of the county being sent the certification.
tal projects. The rate entered may be up to the
• The name of the district and the name of the
maximum rate approved by the voters. The rate
county where the district is located,
can not exceed the rate the budget committee ap-
• Mailing address of the district, including city,
proved for budget year 1999–00. The amount of
ZIP code, and
a local option tax imposed by a community col-
• The name, title, and daytime telephone number
lege may not exceed the reduction caused by the
of a budget contact person. This person should
implementation of Measure 50 (ORS 280.057).
be someone who is available for contact after
the budget document is submitted to the asses-
You may enter an amount to be levied if the vot-
sor and the Department of Revenue.
ers approved a fixed amount levy. The amount
Note: Oregon law (ORS 310.060) allows tax-
can not exceed the amount approved by the vot-
ing districts to request an extension in writing
ers, and the budget committee.
for good and sufficient reasons. This request should
Line 3. If you are certifying a local option levy
indicate if the district has bonded debt for which it
for capital projects, you may enter an amount or
will be levying. The written request for extension
rate in box 3. If you certify a rate, enter the rate
must be given to the county assessor by July 15.
per $1,000 to be used by the assessor in extend-
ing your 1999–00 local option rate tax for capital
Part I: Total property tax levy
projects. The rate entered may be up to the maxi-
Checkboxes. ORS 294.435 does not allow a dis-
mum rate approved by the voters. The rate can
trict to certify ad valorem property taxes at an
not exceed the rate the budget committee ap-
amount or rate greater than that approved by the
proved for budget year 1999–00. The amount of
budget committee, unless an amended budget
a local option tax imposed by a community col-
summary is republished by the governing body.
lege may not exceed the reduction caused by the
One of these boxes must be checked. If the
implementation of Measure 50 (ORS 280.057).
amount or rate being certified is not greater than
You may enter an amount to be levied if the vot-
that approved by the budget committee check that
ers approved a fixed amount levy. The amount
box. If the budget was republished, and the
can not exceed the amount approved by the vot-
amount or rate is within the amount republished
ers, and the budget committee.
check that box.
Line 4. Enter the amount being levied for 1999–00
Line 1. You may enter an amount or rate in box
to pay for “Gap Bonds” in box 4. The district
1. If you certify a rate, enter the rate per $1,000
must have reported a “Gap Bond” levy on the 1998–
to be used by the assessor in extending your tax
99 Form M-50 to use this line. “Gap Bonds” are:
levy in 1999–00. The rate entered may be up to
your maximum rate limit. The rate can not exceed
• Amounts used to repay principal and interest on
the rate the budget committee approved for bud-
any bond issued before December 5, 1996 and
get year 1999–00.
secured by a pledge or explicit commitment of
Or you may enter the amount to be raised by
ad valorem property taxes or a covenant to levy
ad valorem property taxes for 1999–00. This
or collect ad valorem property taxes, or
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