What is the special assessment program?
The Oregon Legislature established the program allowing qualifying citizens to delay paying improvements that are charged against their property. Types of assessment include street paving, sidewalks, and sewer assessments. If you qualify for program, the state will pay your installment payments to the taxing districts for you. A lien will be placed on your property. You will be charged lien fees, which are deferred. Interest on the deferred taxes, at 6 percent per year, also is deferred.
Related Questions
- I just purchased property under a special assessment program. If I fail to meet the requirements for the special assessment, am I responsible for prior years taxes if the property is disqualified?
- What is Oregons "Special Assessment for Historic Properties" program?
- What is the special assessment program?
