silver falls school district handout explaining the construction excise tax imposed by the school district

silver falls school district handout explaining the construction excise tax imposed by the school district
SILVER FALLS SCHOOL DISTRICT
CONSTRUCTION EXCISE TAX
What is the Construction Excise Tax for the Silver Falls School District?
The Oregon Legislature passed a law (SB 1036) that provides a financial tool to help school
districts pay for a portion of the cost for new or expanded facilities needed due to growth in the
community. The law authorizes a school district, in cooperation with cities and counties, to tax
new residential and non-residential development. Specifically, the tax applies to improvements
to real property that result in a new structure or additional square footage in an existing
structure.
What does the tax pay for?
The excise tax revenue can be used for capital improvements such as acquiring property,
construction of and improvements to facilities, related architect and engineering expenses, and
for additional fixtures, furnishings and equipment. The excise revenue allows the district to
purchase and prepare sites for future school facilities, and/or to help defray the cost of new
school facilities.
Who has to pay and when?
The tax is required to be paid by the developer or property owner who is developing property in
the Silver Falls School District at the time when they wish to have a permit issued. A permit
will not be issued unless the tax is paid or unless an approved exemption is submitted on the
Exemption Form.
Who is exempt from paying the tax?
The following are exempt from the Construction Excise Tax: (1) Private school improvements;
(2) Public improvements as defined in ORS 279A.010; (3) Residential housing that is
guaranteed to be affordable (under guidelines established by the United States Department of
Housing and Urban Development, to households that earn no more than 80% of the median
household income for the area in which the construction tax is imposed, for a period of at least
60 years following the date of construction of residential housing); (4) Public or private hospital
improvements; (5) Improvements to religious facilities primarily used for worship or education
associated with worship.(6) Agricultural buildings, as defined in ORS 455.315(2)(a).
Who may seek a refund of the tax?
Those developers or property owners who have paid the tax for new commercial or industrial
construction of 7,500 square feet or less, or for an expansion to an existing single family
residence, may request a refund of the tax from Silver Falls School District. Refunds must be
requested within 90 days of the payment of the tax. Call or e-mail the Director of Finance at
the bottom of the page if you think you qualify.
How much is the tax?
The tax is $1 per square foot on residential construction and 50 cents per square foot on nonresidential construction. For non-residential construction only, the excise tax is limited to
$25,000 per building permit or $25,000 per structure, whichever is less.
Who can I contact for more information?
If you have additional questions, you may contact the Silver Falls School District’s Director of
Finance via e-mail at hoffman_jan @silverfalls.k12.or.us or by phone: (503) 873-5303.
3/06/09 (Marion County)
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