ORS Chapter 294

Chapter 294 — Countyand Municipal Financial Administration

2009 EDITION

MUNICIPALFINANCIAL ADMINISTRATION

PUBLICFINANCIAL ADMINISTRATION

GENERALPROVISIONS

294.004 Definitions

COUNTYAND MUNICIPAL FINANCIAL ADMINISTRATION

(Generally)

294.005 Definitionsfor ORS 294.005 to 294.025

294.010 Surrenderof warrants upon payment

294.015 Paymenton lost, stolen or destroyed warrants upon affidavit of owner, payee orrepresentative

294.025 Effectof wrongful payment; liability of officer

294.027 Provisionsrelating to warrants and payment of claims

294.028 Paymentof warrants by depository

294.029 Provisionsof ORS 294.027 and 294.028 not mandatory

294.030 Deductionsfor bonds from compensation of municipal and other employees; purchasing bondsin advance

294.033 Investmentof deferred compensation funds

294.035 Investmentof surplus funds of political subdivisions; approved investments

294.040 Restrictionon investments under ORS 294.035

294.046 Listof approved securities for investment under ORS 294.035; distribution

294.047 Lossof principal on liquidation of investments

294.048 Borrowingmoney when premature withdrawal or liquidation of certain investments wouldcause loss

294.050 Countyborrowing money from county general road fund

294.052 Definitions;investment by municipality of proceeds of bonds

294.053 Investmentby county in master warrants of county

294.055 Useby counties of moneys received from federal government under the MineralLeasing Act

294.060 Apportionmentof moneys received by counties from federal forest reserves to road and schoolfunds

294.065 Useby counties of moneys received from federal government under the federal FloodControl Act

294.070 Expenditureof Taylor Grazing Act funds; advisory board

294.080 Dispositionof interest earned on funds held by county treasurer

294.085 Examiningbooks and papers of county officers

294.090 Countyorders and vouchers to be numbered to correspond to warrants drawn

294.095 Actionor proceeding with respect to budget or levy; fiscal year with respect to whichtaken

294.100 Publicofficial expending money in excess of amount or for different purpose thanprovided by law unlawful; civil liability

294.120 Useof facsimile signatures

294.125 Investmentof funds authorized by order of governing body; limitations

294.135 Investmentmaturity dates

294.145 Prohibitedconduct for custodial officer

294.155 Annualaudit report; monthly report

294.160 Opportunityfor public comment on new fee or fee increase

COUNTYASSESSMENT FUNDING ASSISTANCE PROGRAM

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

294.178 Assessmentgrant to county; determination of grant amount

294.181 Alternativemethod for certification

294.184 CountyAssessment Function Funding Assistance Account; sources; purpose

294.187 CountyAssessment and Taxation Fund; sources; purpose

PUBLICATIONOF FINANCIAL REPORTS

294.250 Publicationby county governing body of schedule of expenditures and statement ofproceedings; manner of publication; notice

LOCALBUDGET LAW

294.305 Sectionsconstituting Local Budget Law

294.311 Definitionsfor ORS 294.305 to 294.565

294.316 Application

294.321 Purposes

294.323 Budgetperiod

294.326 Compliancewith Local Budget Law required prior to expenditure or tax certification;exceptions

294.331 Budgetofficer

294.336 Budgetcommittee

294.341 Governingbody of certain municipal corporations to be budget committee; exception

294.352 Estimatesof expenditures required; form and contents

294.356 Preparationof estimates by school, education service and community college districts andby municipal corporations operating public utility or hospital

294.361 Contentsof estimate of budget resources

294.366 Reservingreceipts from revenue-producing property or facility; deposit in special fund

294.371 Estimateof unappropriated ending fund balance for each fund

294.376 Expenditureand resource estimate sheets; made part of budget document

294.381 Determinationof estimated tax revenues

294.386 Financialsummary

294.391 Budgetmessage

294.396 Timeof making budget message and document

294.401 Budgetcommittee meeting; distribution of budget message and document; copies ofdocument to be available

294.406 Budgetcommittee hearings; approval of budget document

294.411 Submissionof budget document to tax supervising and conservation commission in certaincases prior to publication and approval by budget committee

294.413 Formatfor notices and summaries

294.416 Publicationof budget summary, financial summary, statement of accounting basis and noticesof meeting and availability of budget document

294.418 Alternativebudget publication procedure

294.419 Countybudget summary of revenues and expenditures funded in part by state resources

294.421 Mannerof publication; alternative requirements in certain cases

294.425 Sufficiencyof publication of budget documents; notice to governing body and assessor of publicationerror

294.430 Hearingby governing body on budget document as approved by budget committee;alternative procedure in certain cases

294.435 Governingbody to adopt budget, make appropriations, declare and categorize property taxamount or rate; greater tax, encumbrance or expenditure limited; exception

294.437 Localoption tax approved after adoption of budget; supplemental budget

294.440 Schoolor community college district expending federal or state funds in emergency

294.443 Certaininterest to be included in budget; method

294.445 Basisof accounting used by municipal corporation; change of basis

294.447 Inclusionsin accrued revenues of school districts, education service districts, communitycollege districts and community college service districts using accrual basisof accounting; State School Fund grant calculations

294.450 Transfersof appropriations within fund or from one fund to another; appropriation ofpass-through revenues

294.455 Authorizationto expend or borrow moneys after destruction of property or natural disaster;authorization by chief executive officer to protect public health or safety

294.460 Loansfrom one fund to another; commingling cash balances of funds

294.470 Internalservice funds

294.475 Eliminationof unnecessary fund; disposition of balance

294.480 Supplementalbudget in certain cases; no increase in property taxes permitted

294.483 Supplementalbudget not required in certain cases

294.485 Taxcertification contrary to law voidable by Oregon Tax Court; appeal procedure

294.490 Departmentof Revenue not to interfere with fiscal policy of municipal corporation

294.495 Departmentof Revenue to construe Local Budget Law; rules

294.500 Declaratoryruling by Department of Revenue as to its rules under Local Budget Law

294.505 Divisionof Audits to issue notification of budgetary irregularities; Department ofRevenue to advise municipal corporation of correct procedures

294.510 Orderfor revision of budgetary procedures; enforcement

294.515 Appealby municipal corporation from Department of Revenue order

294.520 Priorityof appeals under Local Budget Law

294.525 Reservefund established without vote; review of need for reserve fund; unexpendedbalances; application to system development charges