(2) The moneys apportioned to the county road fund may be applied in payment of any outstanding road bonds or may be placed in any county road bond sinking fund for the purpose of being so applied.
(3) Notwithstanding the division of receipts specified in subsection (1) of this section, in any county east of the summit of the Cascade Mountains with a population of less than 9,000 and more than 6,500, according to the 1990 federal decennial census, moneys from the road fund in excess of $2 million may be transferred to the school fund when the amount of moneys credited to the road fund under subsection (1) of this section exceeds the amount needed for county roads, as determined by the board of county commissioners. Any amount received by a school district from the school fund of the county that is in excess of the 25 percent required under subsection (1) of this section may not be considered as a receipt that would reduce the district’s apportionments from the State School Fund.
(4) Notwithstanding the division of receipts specified in subsection (1) of this section, in any county east of the summit of the Cascade Mountains with a population of less than 58,000 and more than 55,000, according to the 1990 federal decennial census, if the moneys credited to the road fund under subsection (1) of this section exceed the amount needed for county roads, as determined by the county governing body, the portion of such moneys in excess of an amount specified by the county governing body may be transferred to the school fund of the county or may be transferred directly to the school districts of the county in accordance with procedures established by the county governing body. The county governing body may distribute moneys under this subsection among the several school districts without regard to the percentage of the resident average daily membership in each school district. Moneys transferred under this subsection may be transferred upon the condition that any school district receiving a share of such moneys must use the moneys only for a purpose described in ORS 328.205 (1)(a) or (c). Any amount received by a school district from the county under this subsection that is in excess of the 25 percent required under subsection (1) of this section may not be considered as a receipt that would reduce the district’s apportionments from the State School Fund.
(5) Notwithstanding the division of receipts specified in subsection (1) of this section, in any county east of the summit of the Cascade Mountains with a population of less than 6,500, according to the 1990 federal decennial census, moneys received by the county under ORS 293.560 may be divided between the road fund and the school fund of the county as specified under an agreement between the county governing body and the education service district board of the county that provides for a different apportionment of those moneys. Any amount received by a school district from the school fund of the county that is in excess of the 25 percent required under subsection (1) of this section may not be considered as a receipt that would reduce the district’s apportionments from the State School Fund.
(6) Notwithstanding the division of receipts specified in subsection (1) of this section, in any county west of the summit of the Cascade Mountains with a population of less than 19,500 and more than 6,500, according to the 1990 federal decennial census, moneys from the road fund in excess of $1 million may be transferred to the school fund when the amount of moneys credited to the road fund under subsection (1) of this section exceeds the amount needed for county roads, as determined by the board of county commissioners. Any amount received by a school district from the school fund of the county that is in excess of the 25 percent required under subsection (1) of this section may not be considered as a receipt that would reduce the district’s apportionments from the State School Fund.
(7) As used in subsections (3) to (6) of this section, "summit of the Cascade Mountains" has the meaning given that term in ORS 477.001.
(8)(a) Notwithstanding the division of receipts specified in subsection (1) of this section, the moneys that would otherwise be credited to the road fund of a county under subsection (1) of this section may instead be credited in accordance with this subsection.
(b) Upon request of the governing body of a county, the Oregon Department of Administrative Services shall credit the moneys described in paragraph (a) of this subsection to one of the following public bodies, provided the service territory of the public body includes the entire county:
(A) An intergovernmental entity created by agreement under ORS 190.003 to 190.130;
(B) A county road district formed under ORS 371.055 to 371.110; or
(C) A service district for roads established under ORS chapter 451.
(c) Moneys credited to a public body under this subsection shall be used in the same manner and subject to the same restrictions as would have applied to the moneys in the hands of the county that made the request under paragraph (b) of this subsection, including, but not limited to, the requirements of ORS chapter 368 related to the use of moneys in a county road fund.
(d) The governing body of the county may request that the department discontinue crediting the moneys to the public body at any time. Not later than 30 days after receiving a request under this paragraph, the department shall resume crediting the moneys in accordance with subsection (1) of this section. [Amended by 1969 c.327 §1; 1971 c.539 §1; 1977 c.776 §1; 1981 c.342 §1; 1987 c.315 §1; 1989 c.579 §1; 1991 c.309 §1; 2003 c.226 §21; 2021 c.113 §1]
Structure 2021 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 294 - County and Municipal Financial Administration
Section 294.004 - Definitions.
Section 294.005 - Definitions for ORS 294.005 to 294.025.
Section 294.027 - Provisions relating to warrants and payment of claims.
Section 294.035 - Investment of funds of political subdivisions; approved investments.
Section 294.052 - Definitions; investment by municipality of proceeds of bonds.
Section 294.070 - Expenditure of Taylor Grazing Act funds; advisory board.
Section 294.080 - Disposition of interest earned on funds held by county treasurer.
Section 294.120 - Use of facsimile signatures.
Section 294.125 - Investment of funds authorized by order of governing body; limitations.
Section 294.135 - Investment maturity dates.
Section 294.145 - Prohibited conduct for custodial officer.
Section 294.155 - Annual audit report; monthly report.
Section 294.160 - Opportunity for public comment on new fee or fee increase.
Section 294.181 - Alternative method for certification.
Section 294.184 - County Assessment Function Funding Assistance Account; sources; purpose.
Section 294.187 - County Assessment and Taxation Fund; sources; purpose.
Section 294.311 - Definitions for ORS 294.305 to 294.565.
Section 294.316 - Exclusions from scope.
Section 294.323 - Budget period.
Section 294.333 - Basis of accounting used by municipal corporation; change of basis.
Section 294.343 - Internal service funds.
Section 294.358 - Expenditure and resource estimate sheets; made part of budget document.
Section 294.361 - Contents of estimate of budget resources.
Section 294.368 - Determination of estimated tax revenues.
Section 294.403 - Budget message.
Section 294.414 - Budget committee.
Section 294.428 - Budget committee hearings; approval of budget document.
Section 294.448 - Manner of publication; alternative requirements in certain cases.
Section 294.461 - Tax certification contrary to law voidable by Oregon Tax Court; appeal procedure.
Section 294.463 - Transfers of appropriations within fund or between funds.
Section 294.466 - Appropriation of pass-through revenues.
Section 294.468 - Loans from one fund to another; commingling cash balances of funds.
Section 294.471 - Supplemental budget in certain cases; no increase in property taxes permitted.
Section 294.477 - Inclusion in budget of estimated requirements for bonds approved at May election.
Section 294.495 - Department of Revenue to construe Local Budget Law; rules.
Section 294.500 - Declaratory ruling by Department of Revenue as to its rules; rules.
Section 294.510 - Order for revision of budgetary procedures; enforcement.
Section 294.605 - Definitions for ORS 294.605 to 294.705.
Section 294.615 - Oath of commissioner.
Section 294.620 - Office of commission; employment and compensation of assistants.
Section 294.625 - Jurisdiction of commission.
Section 294.630 - Tax supervising and conservation commission account; additional sources of moneys.
Section 294.635 - Submission of budget estimates by levying boards.
Section 294.670 - Commission may inquire into management, books and systems; rules.
Section 294.710 - Procedures for establishing commission; annual appropriations.
Section 294.725 - Definitions for ORS 294.725 to 294.755.
Section 294.740 - Refund of account balances; payment of deficits; erroneous benefit payments.
Section 294.750 - Experience and liability of successor political subdivisions; unpaid assessment.
Section 294.805 - Definitions for ORS 294.805 to 294.895.
Section 294.810 - Local and tribal governments authorized to place limited funds in pool.
Section 294.825 - State Treasurer as investment officer; bond; employment of personnel; rules.
Section 294.831 - Investment objective; limit on maturity dates.
Section 294.835 - Standard of care; investment in certain stocks prohibited.
Section 294.847 - Prohibited conduct for investment officer.
Section 294.855 - Legal opinions; investment counseling services; mortgage services.
Section 294.885 - Oregon Short Term Fund Board; members; appointment; term; vacancies.
Section 294.890 - Board members serve without compensation; selection of chairperson.
Section 294.895 - Board duties, generally.
Section 294.900 - "Council of governments" defined.
Section 294.905 - Budget committee; membership; term; vacancies; officers; meetings to be public.
Section 294.910 - Estimates of expenditures; organization and format; matters to be included.
Section 294.915 - Notice of budget committee meeting; public availability of documents.
Section 294.920 - Hearing on budget document.
Section 294.925 - Supplemental budget; conditions; term; publication.
Section 294.950 - County revenue sharing with cities.
Section 294.960 - Collection and disposition of amounts due counties.