Assessor Department - Measure 5 & Measure 50

Measure 5

The constitutional tax rate limitation passed by voters in November 1990 which initially limited school taxes to $15 per $1,000 of assessed value and non school taxes to $10 per $1,000 of assessed value starting in the 1991-92 tax year. The school limit fell by $2.50 per $1,000 each year until it reached $5 per $1,000 in 1995-96. The non school limit remains at $10 per $1,000. Levies to pay bond principal and interest for capital construction projects are outside of the limitation. The Measure 5 rate limits still apply under the provisions of Measure 50 but apply to RMV only. 

Measure 50

Approved by Oregon voters in 1997 this measure contains a mathematical calculation used to establish the current AV using the 1995-96 real market value less 10% for the 1997-98 tax year. For tax years after 1997-98, MAV is the greater of 103% of the properties AV from the prior year or 100% of the properties MAV from the prior year.

For more information refer to the Oregon Department of Revenue website.

Oregon Department of Revenue (Property Tax)

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