Oregon § 320.183 Long-term facilities plan for capital improvements

Oregon Statutes

§ 320.183 — Long-term facilities plan for capital improvements

Oregon § 320.183

Vol.8

Title 29Revenue and Taxation

Ch. 320Miscellaneous Taxes

This text of Oregon § 320.183 (Long-term facilities plan for capital improvements) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 320.183 (2026).

Text

(1)After deducting the costs of administering a construction tax and payment of refunds of such taxes, a school district shall use net revenues only for capital improvements.

(2)A construction tax may not be imposed under ORS 320.170 to 320.195 unless the school district imposing the tax develops a long-term facilities plan for making capital improvements. The plan shall be adopted by resolution of the district board of the school district.

(3)As used in this section, “capital improvements”:

(a)Means:

(A)The acquisition of land;

(B)The construction, reconstruction or improvement of school facilities;

(C)The acquisition or installation of equipment, furnishings or other tangible property;

(D)The expenditure of funds for architectural, engineering, legal or similar costs related to c

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(1) After deducting the costs of administering a construction tax and payment of refunds of such taxes, a school district shall use net revenues only for capital improvements.
(2) A construction tax may not be imposed under ORS 320.170 to 320.195 unless the school district imposing the tax develops a long-term facilities plan for making capital improvements. The plan shall be adopted by resolution of the district board of the school district.
(3) As used in this section, “capital improvements”:
(a) Means:
(A) The acquisition of land;
(B) The construction, reconstruction or improvement of school facilities;
(C) The acquisition or installation of equipment, furnishings or other tangible property;
(D) The expenditure of funds for architectural, engineering, legal or similar costs related to capital improvements and any other expenditures for assets that have a useful life of more than one year; or
(E) The payment of obligations and related costs of issuance that are issued to finance or refinance capital improvements.
(b) Does not include operating costs or costs of routine maintenance.