City of Portland v. Smith

*182PETERSON, J.

In November 1990, as the result of an initiative, Oregon voters passed a constitutional amendment relating to property taxation and public school financing, commonly referred to, then and now, as Measure 5. Or Const, Art XI, § lib. Measure 5 “limits the taxes that may be imposed on any property by limiting tax rates.” Coalition for Equit. School Fund. v. State of Oregon, 311 Or 300, 310, 811 P2d 116 (1991). Measure 5 also provided that certain property taxes be exempt from its limitations:

“(3) The [property tax rate] limitations of subsection (1) of this section apply to all taxes…