Clackamas County Education Service District v. Clackamas County

The question in this class action is whether plaintiffs, local governments with territory in Clackamas County,1 are entitled to share in the interest earned from the county’s investment of property tax receipts which were deposited in the county treasurer’s unsegregated tax collections account (unsegregated account) pursuant to ORS 311.385 between July 1, 1984, and September 19, 1985. The trial court answered the question affirmatively and entered judgment for plaintiffs. Defendants appeal, and we affirm.

The analysis turns in the main on four statutes. ORS 294.080(3) provides:

“Interest earned…