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Oregon Revised Statutes

Local Budget Law

Local Budget Law

294.305Sections constituting Local Budget Law 294.311Definitions for ORS 294.305 to 294.565 294.316Exclusions from scope 294.321Purposes 294.323Budget period 294.331Budget officer 294.333Basis of accounting used by municipal corporation; change of basis 294.338Compliance with Local Budget Law required prior to expenditure or tax certification; exceptions 294.343Internal service funds 294.346Reserve fund established without vote; review of need for reserve fund; unexpended balances; application to system development charges 294.353Elimination of unnecessary fund; disposition of balance 294.358Expenditure and resource estimate sheets; made part of budget document 294.361Contents of estimate of budget resources 294.368Determination of estimated tax revenues 294.373Reserving receipts from revenue-producing property or facility; deposit in special fund 294.378Certain interest to be included in budget; method 294.383Inclusions in accrued revenues of school, education service, community college and community college service districts using accrual basis of accounting; State School Fund grant calculations 294.388Estimates and reconciliation of expenditures and other requirements; form and contents 294.393Preparation of estimates by school, education service and community college districts and by municipal corporations operating public utility or hospital 294.398Estimate of unappropriated ending fund balance for each fund 294.403Budget message 294.408Time of making budget message and document 294.414Budget committee 294.423Governing body of certain municipal corporations to be budget committee; exception 294.426Budget committee meeting; notice; receipt of budget message and document; provision of copies of document 294.428Budget committee hearings; approval of budget document 294.431Submission of budget document to tax supervising and conservation commission before date of public hearing 294.433Format for notices and summaries 294.438Publication of notice of meeting, financial summary and budget summary; requirements of financial summary and notice of meeting; rules 294.441Requirements for financial summaries of school, education service and community college districts 294.444County budget summary of revenues and expenditures funded in part by state resources 294.448Manner of publication; alternative requirements in certain cases 294.451Sufficiency of publication of budget documents; notice to governing body and assessor of publication error 294.453Hearing by governing body on budget document as approved by budget committee; alternative procedure in certain cases 294.456Governing 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 or rates 294.458Filing copy of budget and certain documents with county assessor and Department of Revenue; records 294.461Tax certification contrary to law voidable by Oregon Tax Court; appeal procedure 294.463Transfers of appropriations within fund or between funds 294.466Appropriation of pass-through revenues 294.468Loans from one fund to another; commingling cash balances of funds 294.471Supplemental budget in certain cases; no increase in property taxes permitted 294.473Procedure when supplemental budget changes estimated expenditures by more than 10 percent 294.474Requirement to file materials related to measure proposing local option tax or general obligation bond 294.476Local option tax or bond measure approved after adoption of budget; supplemental budget 294.477Inclusion in budget of estimated requirements for bonds approved at May election 294.478School or community college district expending federal or state funds in emergency 294.481Authorization to receive grants or borrow or expend moneys to respond to public emergency 294.490Department of Revenue not to interfere with fiscal policy of municipal corporation 294.495Department of Revenue to construe Local Budget Law; rules 294.500Declaratory ruling by Department of Revenue as to its rules; rules 294.505Division of Audits to issue notification of budgetary irregularities; Department of Revenue to advise municipal corporation of correct procedures 294.510Order for revision of budgetary procedures; enforcement 294.515Appeal by municipal corporation from Department of Revenue order 294.520Priority of appeals under Local Budget Law 294.565Failure to file copy of required budget, reports or other documents; effect