2021 Oregon Revised Statutes
Chapter 294 - County and Municipal Financial Administration
Section 294.333 - Basis of accounting used by municipal corporation; change of basis.

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 294.015 - Payment on lost, stolen or destroyed warrants upon affidavit of owner, payee or representative.

Section 294.027 - Provisions relating to warrants and payment of claims.

Section 294.030 - Deductions for bonds from compensation of municipal and other employees; purchasing bonds in advance.

Section 294.035 - Investment of funds of political subdivisions; approved investments.

Section 294.052 - Definitions; investment by municipality of proceeds of bonds.

Section 294.060 - Apportionment of moneys received by counties from federal forest reserves to road and school funds; alternative crediting of moneys.

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 294.100 - Public official expending money in excess of amount or for different purpose than provided by law unlawful; civil liability.

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 294.175 - Definitions; county expenditures for assessment; determination of adequacy; certification of adequacy; appeal of denial of certification; effect of certification.

Section 294.178 - Assessment grant to county; determination of grant amount; transfer to Assessment and Taxation County Account in certain circumstances.

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 294.250 - Publication by county governing body of schedule of expenditures and statement of proceedings; manner of publication; notice.

Section 294.311 - Definitions for ORS 294.305 to 294.565.

Section 294.316 - Exclusions from scope.

Section 294.321 - Purposes.

Section 294.323 - Budget period.

Section 294.333 - Basis of accounting used by municipal corporation; change of basis.

Section 294.338 - Compliance with Local Budget Law required prior to expenditure or tax certification; exceptions.

Section 294.343 - Internal service funds.

Section 294.346 - Reserve fund established without vote; review of need for reserve fund; unexpended balances; application to system development charges.

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 294.373 - Reserving receipts from revenue-producing property or facility; deposit in special fund.

Section 294.383 - Inclusions in accrued revenues of school, education service, community college and community college service districts using accrual basis of accounting; State School Fund grant calculations.

Section 294.388 - Estimates and reconciliation of expenditures and other requirements; form and contents.

Section 294.393 - Preparation of estimates by school, education service and community college districts and by municipal corporations operating public utility or hospital.

Section 294.403 - Budget message.

Section 294.414 - Budget committee.

Section 294.423 - Governing body of certain municipal corporations to be budget committee; exception.

Section 294.426 - Budget committee meeting; notice; receipt of budget message and document; provision of copies of document.

Section 294.428 - Budget committee hearings; approval of budget document.

Section 294.431 - Submission of budget document to tax supervising and conservation commission before date of public hearing.

Section 294.438 - Publication of notice of meeting, financial summary and budget summary; requirements of financial summary and notice of meeting; rules.

Section 294.441 - Requirements for financial summaries of school, education service and community college districts.

Section 294.448 - Manner of publication; alternative requirements in certain cases.

Section 294.451 - Sufficiency of publication of budget documents; notice to governing body and assessor of publication error.

Section 294.453 - Hearing by governing body on budget document as approved by budget committee; alternative procedure in certain cases.

Section 294.456 - Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate; amendment of budget estimates, appropriations and tax amounts or rates limited; requirements for appropriations and tax amounts...

Section 294.458 - Filing copy of budget and certain documents with county assessor and Department of Revenue; records.

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 294.473 - Procedure when supplemental budget changes estimated expenditures by more than 10 percent.

Section 294.476 - Local option tax or bond measure approved after adoption of budget; supplemental budget.

Section 294.477 - Inclusion in budget of estimated requirements for bonds approved at May election.

Section 294.478 - School or community college district expending federal or state funds in emergency.

Section 294.481 - Authorization to receive grants or borrow or expend moneys to respond to public emergency.

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 294.505 - Division of Audits to issue notification of budgetary irregularities; Department of Revenue to advise municipal corporation of correct procedures.

Section 294.510 - Order for revision of budgetary procedures; enforcement.

Section 294.605 - Definitions for ORS 294.605 to 294.705.

Section 294.608 - Populous counties; establishment of tax supervising and conservation commission or submission of financial summary.

Section 294.610 - Tax supervising and conservation commission; members; appointment; qualifications; term; removal; filling vacancies.

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 294.632 - Commission calculation and report of costs; municipal corporation reimbursement of commission costs.

Section 294.635 - Submission of budget estimates by levying boards.

Section 294.645 - Consideration of budget by commission; certifying objections or recommendations to levying board; procedure where municipality holds hearing in place of commission.

Section 294.650 - Striking unauthorized items from budget; reducing total amount to within limits permitted by law and Constitution.

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 294.730 - Fund created; State Treasurer as custodian; use of moneys; distribution of earnings.

Section 294.735 - Payments to fund by political subdivisions; benefit cost rate, account reserve ratio and percentage rate determinations and redeterminations; effect of negative balance; refunds; extended plans of additional payments.

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 294.860 - Custody of investment documents; collection and distribution of income; calculation and allocation of profit and loss; defaulted payments of principal and interest, collection, compromise.

Section 294.870 - Separate accounts for public bodies; reports on investment changes and monthly financial statements required.

Section 294.882 - Merger or subsequent separation of investment pool and Oregon Short Term Fund; preconditions.

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 294.930 - Authority of Department of Revenue; budget records maintained by council of governments.

Section 294.950 - County revenue sharing with cities.

Section 294.960 - Collection and disposition of amounts due counties.

Section 294.990 - Penalties.