ORS § 297.230 — OR Code / Title 28 / Chapter 297 / Section 297.230
297.230 Estimate and payment of costs and expenses of audits
Status: in_force

(1) The Division of Audits shall estimate in advance the expenses that it will incur during the biennium in carrying out the provisions of ORS 297.030 (Audits, reviews and investigations) , 297.120 (Division of Audits investigation of state agency loss of public funds or property) and 297.210 (Audits of accounts of state agencies and state-aided institutions and agencies) , and shall charge officers, departments, boards and commissions of state government and other public bodies for their share of such expenses for periods within the biennium and in sufficient amounts to provide reasonable cash operating requirements for the Division of Audits within the biennial period. Each officer, department, board or commission or other public body shall pay to the credit of the Division of Audits Account such charge as an administrative expense from funds or appropriations available to it in the same manner as other claims against the state or public body are paid.

(2) Payments authorized under this section shall be consistent with ORS 171.580 (Joint Legislative Audit Committee) and 171.585 (Duties of committee) . The Division of Audits shall report to the Joint Legislative Audit Committee established under ORS 171.580 (Joint Legislative Audit Committee) when estimated expenses for an audit authorized under subsection (1) of this section exceed the estimated expenses for a biennium.

(3) All moneys received from the various state departments, boards, commissions, institutions and state-aided institutions and agencies of the state in the payment of the costs of audits and reviews under this section and ORS 297.210 (Audits of accounts of state agencies and state-aided institutions and agencies) shall be credited to the Division of Audits Account. [Amended by 1977 c.774 §20; 1987 c.143 §4; 1993 c.724 §24; 1999 c.324 §1]

Source: Section 297.230 — Estimate and payment of costs and expenses of audits; legislative report; crediting moneys to Division of Audits Account , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 292.044 — OR Code / Title 28 / Chapter 292 / Section 292.044
292.044 Deduction by employees of public universities for payment to nonprofit organization
Status: in_force

(1) As used in this section:

(a) “Employee” means officers, faculty, teachers, instructors and other employees of a public university listed in ORS 352.002 (Public universities) .

(b) “Nonprofit organization” means an organization described in section 501(c)(3) of the Internal Revenue Code that is exempt from income tax under section 501(a) of the Internal Revenue Code.

(2) The governing board of a public university listed in ORS 352.002 (Public universities) may approve a written request made by the university or office, department or activity under the governing board’s jurisdiction, in which an employee of the university or office, department or activity may designate an amount from the salary or wages of the employee for payment to a qualifying nonprofit organization. A request made under this section must identify the nonprofit organization to whom payments would be made.

(3) Upon written approval and a written request of an employee of the public university or office, department or activity to which the approval applies, the state official within the public university listed in ORS 352.002 (Public universities) authorized to disburse funds in payment of salaries or wages shall deduct from the salary or wages of the employee the amount of money designated by the employee for payment to the nonprofit organization.

(4) The moneys deducted from the salaries or wages under subsection (3) of this section shall be paid over promptly to the nonprofit organization.

(5) The governing board of a public university listed in ORS 352.002 (Public universities) shall prescribe procedures for determining whether an organization qualifies as a nonprofit organization under this section. [2009 c.251 §1; 2011 c.637 §100; 2013 c.768 §131; 2015 c.767 §95]

Note: 292.044 (Deduction by employees of public universities for payment to nonprofit organization) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 292 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 292.044 — Deduction by employees of public universities for payment to nonprofit organization; approval by governing board , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.403 — OR Code / Title 28 / Chapter 294 / Section 294.403
294.403 Budget message
Status: in_force

A budget message shall be prepared by or under the direction of the executive officer of the municipal corporation or, where no executive officer exists, by or under the direction of the presiding officer of the governing body. The budget message shall be delivered at a meeting of the budget committee as provided in ORS 294.426 (Budget committee meeting) (1). The budget message shall:

(1) Explain the budget document;

(2) Contain a brief description of the proposed financial policies of the municipal corporation for the ensuing year or ensuing budget period;

(3) Describe in connection with the financial policies of the municipal corporation, the important features of the budget document;

(4) Set forth the reason for salient changes from the previous year or budget period in appropriation and revenue items;

(5) Explain the major changes in financial policy; and

(6) Set forth any change contemplated in the municipal corporation’s basis of accounting and explain the reasons for the change and the effect of the change on the operations of the municipal corporation. [Formerly 294.391]

Source: Section 294.403 — Budget message , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.216 — OR Code / Title 28 / Chapter 291 / Section 291.216
291.216 Governor’s budget
Status: in_force

(1) The Governor’s budget shall include a budget message prepared by the Governor, including recommendations of the Governor with reference to the fiscal policy of the state government for the coming biennium, describing the important features of the budget, embracing a general budget summary setting forth the aggregate figures of the budget so as to show a balanced relation between the total proposed expenditures and the total anticipated income, with the basis and factors on which the estimates are made, the amount to be borrowed, and other means of financing the estimated expenditures for the ensuing biennium, compared with the corresponding figures for at least the last completed biennium and the current biennium.

(2) The Governor’s budget shall be supported by explanatory schedules or statements, classifying the expenditures reported in the budget, both past and proposed, by organization units, objects and funds, and the income by organization units, sources and funds, and the proposed amount of new borrowing as well as proposed new tax or revenue sources, including a single comprehensive list of all proposed increases in fees, licenses and assessments assumed in the budget.

(3) The Governor’s budget shall be submitted for all dedicated funds, as well as the state General Fund, and shall include the estimated amounts of federal and other aids or grants to state agencies or activities provided for any purpose whatever, together with estimated expenditures therefrom.

(4) The Governor’s budget shall embrace the detailed estimates of expenditures and revenues. It shall include:

(a) Statements of the bonded indebtedness of the state government, showing the actual amount of the debt service for at least the past biennium, and the estimated amount for the current biennium and the ensuing biennium, the debt authorized and unissued, the condition of the sinking funds and the borrowing capacity.

(b) The Governor’s recommendations concerning tax expenditures identified under ORS 291.214 (Governor to prepare recommendations regarding certain tax expenditures) .

(c) Any statements relative to the financial plan which the Governor may consider desirable or which may be required by the Legislative Assembly.

(5) The Governor’s budget shall use the estimated revenues under ORS 291.342 (Annual estimation of state revenues) for the fiscal year in which the budget is submitted as the basis for total anticipated income under subsection (1) of this section, subject to adjustment as may be necessary to reflect accurately projections for the next biennium.

(6) Intentionally left blank —Ed.

(a) The Governor’s budget shall present information regarding the expenses of the state in the following categories:

(A) Personnel expenses, including compensation and benefits for state employees, but excluding costs of services contracted out and temporary service costs.

(B) Supplies, equipment and the costs of services contracted out.

(C) Special payments.

(D) Capital construction.

(E) Capital outlay.

(F) Debt service.

(b) For each category described in paragraph (a) of this subsection, the budget shall show actual expenditures for the prior biennium and estimated expenditures for the current biennium.

(c) As supplemental information to the budget, the Governor shall include an estimate of the projected costs of continuing currently authorized programs in the next biennium. The estimate shall include, but is not limited to the projected costs of:

(A) Removing one-time expenditures;

(B) Program phase-ins and phase-outs;

(C) Personnel expenses compared to existing compensation plan agreements, including position vacancy experience calculations;

(D) Inflation for services, supplies and medical costs;

(E) Transfers between state funds or accounts;

(F) Mandated caseload changes; and

(G) Debt service for previously issued debt.

(d) The budget shall show the total increase in the cost of salaries and benefits for all state positions.

(7) The Governor’s budget shall include:

(a) The total number of positions and full-time equivalent positions included in the budget.

(b) The average vacancy rate in the present biennium.

(c) The number of permanent, full-time equivalent vacancies as of July 1 of even-numbered years.

(8) The Governor’s budget shall include computations showing budget figures as a percentage of the total General Fund, federal fund, fee or other source category, as may be appropriate.

(9) The Governor’s budget shall include, in a format that provides side-by-side comparison with the State Debt Policy Advisory Commission report of net debt capacity, a six-year forecast, by debt type and repayment source, of:

(a) That portion of the capital construction program required to be reported by ORS 291.224 (Inclusion of capital construction program in Governor’s budget) that will be financed by debt issuance.

(b) The acquisition of equipment or technology in excess of $500,000 that will be financed by debt issuance.

(c) Other state agency debt issuance for grant or loan purposes.

(10) The Governor’s budget shall include the outcomes-based budgeting information required by ORS 291.217 (Outcomes-based budget) (2) and (3).

(11) The Governor’s budget shall include recommendations regarding available funds that could be used to make lump sum payments to the Public Employees Retirement System under ORS 238.229 (Effect of lump sum payment to side account on contributions of pooled employer) .

(12) The Governor’s budget shall include a narrative summarizing the racial impact statements required under ORS 291.206 (Guidance of agencies in completing agency request budgets) . [Amended by 1985 c.270 §2; 1993 c.724 §9; 1995 c.746 §68; 1995 c.787 §1; 1997 c.49 §3; 1997 c.249 §88; 1999 c.1091 §1; 2011 c.563 §7; 2016 c.117 §19; 2017 c.746 §10; 2021 c.612 §5]

Source: Section 291.216 — Governor’s budget; when due; content , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.475 — OR Code / Title 28 / Chapter 293 / Section 293.475
293.475 Issuance of duplicate instrument
Status: in_force

(1) Upon satisfactory showing by the lawful owner of an instrument of the loss, destruction or theft of the instrument, the proper officer, board, department or commission that issued the original instrument, or the issuer’s duly authorized legal successor, may issue a duplicate in lieu thereof for the same amount as the original. The duplicate shall bear the signature of the officer charged with the duty of signing instruments as of the date of issuance of the duplicate.

(2) Before a duplicate instrument is issued, the person making application for its issue shall furnish to the issuing officer a written statement signed by the person specifically alleging that the person is the lawful owner, payee or legal representative of the lawful owner or payee of the original instrument giving the date of issue, the number, amount, for what services or claim the original instrument was issued and that the original instrument has been lost, destroyed or stolen, and has not been paid. A certificate may be furnished in lieu of an affidavit or affirmation if the lawful owner, payee or legal representative is:

(a) The federal government; or

(b) This state or any board, department, commission or subdivision of this state, or any officer thereof in official capacity.

(3) The officer, board, department or commission issuing the duplicate instrument shall search its records to determine whether the original instrument was paid. If the original instrument is found, it shall immediately be returned to the State Treasurer or, if a record of payment is found, the State Treasurer shall be notified immediately. The State Treasurer shall promptly return the instrument to the presenting or payer bank for credit or shall promptly notify the presenting or payer bank of the record of payment. The State Treasurer is not liable for inability to obtain credit from the presenting or payer bank for an instrument returned under this section or for an instrument for which the State Treasurer notifies the presenting or payer bank of a record of payment. [Formerly 291.520; 1969 c.142 §1; 1973 c.478 §2; 1979 c.763 §2; 1993 c.694 §43; 2005 c.22 §220; 2005 c.110 §3]

Source: Section 293.475 — Issuance of duplicate instrument; affidavit of owner, payee or representative , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.135 — OR Code / Title 28 / Chapter 294 / Section 294.135
294.135 Investment maturity dates
Status: in_force

(1) An investment made by a custodial officer under ORS 294.035 (Investment of funds of political subdivisions) (3)(a) to (f), (h) and (i) or 294.125 (Investment of funds authorized by order of governing body) may not exceed a maturity of 18 months or the date of anticipated use of the funds by the county, municipality, school district or other political subdivision to which the funds belong, whichever period is shorter. However:

(a) The custodial officer may make investments having a maturity longer than 18 months when the governing body of the county, municipality, school district or other political subdivision to which the funds belong has adopted a written investment policy that, prior to adoption, was submitted to the Oregon Short Term Fund Board for review and comment to the governing body, that includes guidelines concerning maximum investment maturity dates and that provides by its terms for readoption not less than annually; or

(b) When the funds in question are being accumulated for an anticipated use that will occur more than 18 months after the funds are invested, then, upon the approval of the governing body of the county, municipality, school district or other political subdivision, the maturity of the investment or investments made with the funds may occur when the funds are expected to be used.

(2) The maximum term of any repurchase agreement transaction may not exceed 90 days. [1981 c.880 §§6,8; 1987 c.389 §1; 1989 c.303 §1; 1995 c.245 §7; 2003 c.41 §1; 2005 c.443 §24; 2009 c.821 §30]

Source: Section 294.135 — Investment maturity dates , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.810 — OR Code / Title 28 / Chapter 294 / Section 294.810
294.810 Local and tribal governments authorized to place limited funds in pool
Status: in_force

(1) Intentionally left blank —Ed.

(a) Subject to paragraph (b) of this subsection, with the consent of the governing body, a local government official or tribal government official may place in the aggregate up to $30 million of the funds of the local government or tribal government in the investment pool, or, if the assets of the investment pool have been transferred pursuant to ORS 294.882 (Merger or subsequent separation of investment pool and Oregon Short Term Fund) , for investment and reinvestment by the investment officer as provided under ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) or 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) , as the case may be.

(b) The investment officer may require the governing body of the local government or tribal government to enter into an investment agreement as a condition of placing funds with the investment officer pursuant to this subsection.

(2) The $30 million limitation in this section does not apply either to funds of a governing body that are placed in the investment pool on a pass-through basis or to funds invested on behalf of another government unit. Local governments must remove pass-through funds that result in an account balance in the pool in excess of $30 million within 10 business days. County governments and tribal governments must remove such excess funds within 20 business days.

(3) The investment officer shall annually adjust the $30 million limitation in this section by multiplying $30 million by the percentage, if any, by which the monthly averaged U.S. City Average Consumer Price Index for the 12 consecutive months ending August 31 of the current calendar year exceeds the monthly averaged U.S. City Average Consumer Price Index for the 12 consecutive months ending August 31, 1995. [1973 c.748 §2; 1981 c.880 §15; 1987 c.381 §2; 1995 c.245 §10; 2009 c.11 §38; 2009 c.821 §26; 2013 c.338 §2; 2014 c.18 §2; 2015 c.33 §1]

Source: Section 294.810 — Local and tribal governments authorized to place limited funds in pool , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.476 — OR Code / Title 28 / Chapter 294 / Section 294.476
294.476 Local option tax or bond measure approved after adoption of budget
Status: in_force

(1) This subsection applies to the period following a municipal corporation’s adoption under ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) of a budget that does not include revenue from a proposed local option tax. If the municipal corporation places a local option tax measure on the ballot for an election held in August and the electors of the municipal corporation approve the measure, in order to impose the local option tax during the current fiscal year or current budget period, the governing body of the municipal corporation must:

(a) Adopt an ordinance or resolution to determine, make and declare the local option tax and to categorize the local option tax amount or rate as provided in ORS 310.060 (Notice certifying taxes) ;

(b) Receive from the assessor of the county in which the municipal corporation is located (or, if the municipal corporation is located in more than one county, from the assessor of each county in which the municipal corporation is located) written approval to file a supplemental notice of property tax as described in ORS 310.060 (Notice certifying taxes) (9); and

(c) File with the assessor of the county in which the municipal corporation is located (or, if the municipal corporation is located in more than one county, with the assessor of each county in which the municipal corporation is located) two copies of the ordinance or resolution described in paragraph (a) of this subsection, two copies of the supplemental notice of property tax required under ORS 310.060 (Notice certifying taxes) and two copies of the approved local option tax measure.

(2) This subsection applies to the period following a municipal corporation’s adoption under ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) of a budget that does not include revenue from a proposed local option tax or taxes to pay principal and interest on exempt bonded indebtedness. If the municipal corporation places a local option tax measure or a general obligation bond measure on the ballot for an election, other than an election held in August, next following adoption of the budget and the electors of the municipal corporation approve the measure, in order to impose the tax during the second fiscal year of a biennial budget period, the governing body of the municipal corporation must:

(a) Adopt an ordinance or resolution to determine, make and declare the tax and to categorize the tax amount or rate as provided in ORS 310.060 (Notice certifying taxes) ; and

(b) Include with the certification required under ORS 310.060 (Notice certifying taxes) for the second fiscal year of the biennial budget period two copies of the ordinance or resolution described in paragraph (a) of this subsection and two copies of the approved local option tax measure or general obligation bond measure.

(3) Funds raised by a local option tax described in this section may not be expended by the municipal corporation unless the municipal corporation has adopted a supplemental budget in accordance with ORS 294.471 (Supplemental budget in certain cases) . Funds may be expended only in accordance with the supplemental budget so adopted.

(4) As soon as received, the county assessor shall forward one copy of each of the documents described in subsection (1)(c) of this section to the Department of Revenue. [Formerly 294.437; 2017 c.26 §12; 2023 c.32 §1]

Source: Section 294.476 — Local option tax or bond measure approved after adoption of budget; supplemental budget , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.051 — OR Code / Title 28 / Chapter 292 / Section 292.051
292.051 Deduction of cost of group insurance and other services
Status: in_force

(1) Except as authority over contracts for health benefit plans described in ORS 243.135 (Health benefit plans for eligible employees) is vested in the Public Employees’ Benefit Board, upon receipt of the request in writing of an officer or employee so to do, the state official authorized to disburse funds in payment of the salary or wages of the officer or employee may deduct from the salary or wages of the officer or employee an amount of money indicated in the request for payment of the applicable amount set forth in benefit plans selected by the officers or employees or in their behalf for:

(a) Group life insurance, including life insurance for dependents of officers or employees.

(b) Group dental and related services and supplies, or any other remedial care recognized by state law and related services and supplies, other than medical, surgical or hospital care, recognized under state law, including such insurance for dependents of state officers or employees.

(c) Group indemnity insurance for accidental death and dismemberment and for loss of income due to accident, sickness or other disability, including such insurance for dependents of state officers or employees.

(d) Automobile casualty insurance under a monthly payroll deduction program endorsed or offered by an employee organization representing 500 or more state employees. Membership in the employee organization is not a requirement for participation in this program.

(e) Legal insurance under a monthly payroll deduction program endorsed or offered by an employee organization representing 500 or more state employees.

(f) Self-insurance programs that are approved and provided by the Public Employees’ Benefit Board.

(2) The Oregon Health Authority may establish and collect a fee to cover costs of administering this section.

(3) No state official authorized to disburse funds in payment of salaries or wages is required to make deductions as authorized by subsection (1) of this section for more than one benefit plan of the type referred to in each of the paragraphs in subsection (1) of this section per eligible employee.

(4) Moneys deducted under subsection (1) of this section shall be paid over promptly:

(a) To the insurance companies, agencies or hospital associations, or persons responsible for payment of premiums to the companies, agencies or associations, in accordance with the terms of the contracts made by the officers or employees or in their behalf; or

(b) With respect to self-insurance benefits, in accordance with rules, procedures and directions of the Public Employees’ Benefit Board.

(5) As used in this section, “officer or employee” means all persons who receive salaries or wages disbursed by any state official. [1965 c.23 §1; 1971 c.527 §12; 1975 c.475 §1; 1979 c.469 §1; 1979 c.717 §1; 1997 c.222 §43; 2003 c.640 §5; 2011 c.720 §74]

Source: Section 292.051 — Deduction of cost of group insurance and other services; fee; payment of moneys deducted , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.861 — OR Code / Title 28 / Chapter 293 / Section 293.861
293.861 Investment pools authorized
Status: in_force

The Legislative Assembly recognizes that changes in federal arbitrage regulations have imposed substantial additional financial and administrative burdens on state agencies and local governments which issue tax-exempt obligations. The impact of these burdens is exacerbated by the fiscal restrictions placed on these agencies and governments by section 11b, Article XI of the Oregon Constitution. The Legislative Assembly finds that it will benefit the citizens of the state to authorize the State Treasurer to create one or more investment pools which are designed to reduce these burdens of compliance with federal arbitrage rules. [Formerly 293.822]

Source: Section 293.861 — Investment pools authorized , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.252 — OR Code / Title 28 / Chapter 293 / Section 293.252
293.252 Duties of Oregon Department of Administrative Services relating to state agency debt collection
Status: in_force

(1) The Oregon Department of Administrative Services shall monitor state agency debt collection functions described by law and assist state agencies in efforts to improve the collection of delinquent debts owed to state agencies. The department’s duties under this subsection include, but are not limited to:

(a) Providing training to state agencies regarding processing and managing accounts receivable in compliance with applicable law and state policies.

(b) Providing technical assistance to state agencies in resolving challenges in processing and managing accounts receivable and developing financial administrative systems to improve the handling of liquidated and delinquent accounts.

(c) Developing performance standards for state debt collection, including but not limited to standards defining what constitutes liquidated and delinquent accounts and when debt may be written off pursuant to ORS 293.240 (Writing off uncollectible debts due state agency) .

(d) Working with state agencies to improve the quality and value of data that each state agency submits to the Legislative Fiscal Office for purposes of ORS 293.229 (Liquidated and delinquent accounts of state agency) .

(e) Submitting an annual management report to the Legislative Assembly not later than February 1 of each fiscal year, in conjunction with the report of the Legislative Fiscal Office produced under ORS 293.229 (Liquidated and delinquent accounts of state agency) , that identifies important issues and significant trends in state agency debt collection practices and describes and evaluates efforts by state agencies to improve the collection of delinquent debt.

(2) The department shall adopt policies:

(a) Providing guidance for the collection of liquidated and delinquent accounts owing to state agencies.

(b) Setting procedures for state agencies to account for and manage information regarding the agency’s liquidated and delinquent accounts.

(c) After consultation with the Attorney General, setting criteria for effective and efficient assignment of liquidated and delinquent accounts to the Department of Revenue or private collection agencies, and setting performance measurements to be used in the application of the criteria.

(d) For the allocation, form and amount of charges or fees added to liquidated and delinquent accounts under ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) , 293.250 (Collections Unit) and 697.105 (Fee for collection of debt owed public body) .

(e) Setting exemptions or adjustments for state agencies that are prohibited by law from adding or collecting fees under ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) , 293.250 (Collections Unit) or 697.105 (Fee for collection of debt owed public body) and for agencies for which the addition or collection of the fees is not feasible given the agency resources available for collection of accounts receivable.

(f) For the improvement of communications regarding liquidated and delinquent accounts among state agencies and between private collection agencies and the Department of Revenue.

(g) Describing conditions under which a state agency may request and collect Social Security numbers in accordance with state and federal law when it is reasonably foreseeable that a person may owe the state agency a liquidated and delinquent amount as a result of a transaction or activity.

(h) After consultation with the Attorney General, setting criteria under which state agencies, the Department of Revenue and private collection agencies may propose and accept offers of compromise as provided in ORS 293.240 (Writing off uncollectible debts due state agency) .

(3) As used in this section, “state agency” has the meaning given that term in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) , except that it does not include the judicial department as defined in ORS 174.113 (“Judicial department” defined) , the Secretary of State or the State Treasurer. [2015 c.766 §6; 2017 c.746 §21; 2019 c.278 §19; 2020 s.s.2 c.10 §2]

Note: 293.252 (Duties of Oregon Department of Administrative Services relating to state agency debt collection) to 293.258 (Delinquent Accounts Administration Fund) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.252 — Duties of Oregon Department of Administrative Services relating to state agency debt collection , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.214 — OR Code / Title 28 / Chapter 293 / Section 293.214
293.214 Lines of credit for state agency
Status: in_force

(1) Subject to the provisions of this section, a state agency may establish with the State Treasurer lines of credit for funds under its administration, upon a certificate by the agency’s department head and chief financial officer to the State Treasurer representing and satisfactorily demonstrating, for the period for which a line of credit is requested, that:

(a) There will be insufficient moneys to the credit of the funds for which the line of credit is requested to meet expenses as they arise; and

(b) The agency will be entitled for expenditure of agency funds to reimbursement from federal agencies or other sources sufficient to repay, when due, all draws against the line of credit, plus interest charged to the agency.

(2) No line of credit, based upon anticipated reimbursements, shall be established more than six months in advance of a draw on the credit and draws shall be repaid to the lending fund within six months. Reimbursements must be applied against any outstanding advances on the line of credit established under this section.

(3) The State Treasurer may fund lines of credit established pursuant to this section from money to the credit of other state funds which will not be required to meet the respective obligations of the funds during the period for which a draw under a line of credit is not repaid, as provided in ORS 293.210 (Transfer and retransfer of money and credit among state funds) .

(4) A line of credit may operate as a revolving fund, so that draws shall proportionately reduce and repayments shall proportionately increase the credit remaining under the line of credit, but at no time shall the total amount of draws against the line of credit exceed the credit limit.

(5) Every state agency for which a line of credit is established shall report promptly in writing to the State Treasurer any change in information furnished in support of the request for a line of credit.

(6) The State Treasurer may grant or deny, modify or terminate a line of credit when in the judgment of the State Treasurer it is in the best interest of the state. [1993 c.68 §2; 2003 c.16 §3]

Note: 293.214 (Lines of credit for state agency) was added to and made a part of 293.205 (Definitions for ORS 293.205 to 293.225) to 293.225 (Construction of ORS 293.205 to 293.220) by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.214 — Lines of credit for state agency; duration; source of funding , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.447 — OR Code / Title 28 / Chapter 293 / Section 293.447
293.447 Establishment of accounts for purposes other than those in ORS 293.445 authorized
Status: in_force

(1) With the consent of and in accordance with rules prescribed by the State Treasurer, agencies may establish accounts with the State Treasurer for purposes other than those described in ORS 293.445 (Definition for ORS 293.445 to 293.460) (3). These accounts may be established when required by federal law or regulation or when it is impractical for the agency to use funds established with the Oregon Department of Administrative Services.

(2) Unless approved by the department, accounts established under this section shall be for deposit purposes only and the agencies shall not have authority to order disbursements from the accounts by check or order. Disbursements from these accounts for which the department has not approved check or order authority shall be made by the transfer of moneys in the account to funds for which the department may draw warrants. [1989 c.569 §2]

Source: Section 293.447 — Establishment of accounts for purposes other than those in ORS 293.445 authorized; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.819 — OR Code / Title 28 / Chapter 293 / Section 293.819
293.819 Investment in scrutinized companies
Status: in_force

(1) The Oregon Investment Council and the State Treasurer, in the State Treasurer’s role as investment officer for the council, shall act reasonably and in a manner consistent with fiduciary standards, including the provisions of ORS 293.721 (General objective of investments) and 293.726 (Standard of judgment and care in investments) , to try to ensure that managers who are engaged by the council or the State Treasurer for the active management of investment funds consisting of the Public Employees Retirement Fund referred to in ORS 238.660 (Fund generally) , through the purchase and sale of publicly traded equities, are not investing in publicly traded equities of any scrutinized company.

(2) Subsection (1) of this section does not apply to investment indirectly made through index funds, fund of funds or privately placed investments. [2013 c.722 §69]

Source: Section 293.819 — Investment in scrutinized companies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.307 — OR Code / Title 28 / Chapter 291 / Section 291.307
291.307 Appropriation from General Fund to constitute a credit only
Status: in_force

An appropriation of any sum of money from the General Fund by any law shall not be considered as segregating or setting aside the amount of such appropriation from the moneys constituting the General Fund, but shall be considered and construed as constituting a credit in favor of the appropriation for the amount stated in the law making the appropriation, subject to allotment as provided in ORS 291.232 (Declaration of policy) to 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) . [Formerly 291.376]

EMERGENCY EXPENDITURES; EMERGENCY BOARD

Source: Section 291.307 — Appropriation from General Fund to constitute a credit only , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.406 — OR Code / Title 28 / Chapter 293 / Section 293.406
293.406 Payment by State Treasurer
Status: in_force

(1) The State Treasurer shall pay on demand all items presented to the State Treasurer for payment if there are appropriate and sufficient funds in the State Treasury, as provided by law, to make the payments. If a law requires that an item be paid from a particular fund, the State Treasurer must make the payment from that fund only.

(2) When a state officer authorizes issuance of, or signs, a check, warrant or electronic funds transfer on behalf of an agency, the officer is certifying that the expenditure of moneys represented by the check, warrant or request for electronic funds transfer is authorized by law. For purposes of this subsection, an expenditure is authorized by law if:

(a) There is an appropriation, whether annual, biennial or continuous, of the moneys represented by the check, warrant or request for electronic funds transfer;

(b) When applicable, there is an expenditure limitation for the moneys represented by the check, warrant or request for electronic funds transfer;

(c) When applicable, there is an allotment from the Oregon Department of Administrative Services under ORS 291.232 (Declaration of policy) to 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) for the moneys represented by the check, warrant or request for electronic funds transfer; and

(d) The officer or agency has received any other approvals necessary to authorize issuance of the check, warrant or request for electronic funds transfer.

(3) The State Treasurer may rely on the certification described in subsection (2) of this section and need not investigate or inquire whether a check, warrant or request for electronic funds transfer is authorized by law before paying the check, warrant or electronic funds transfer.

(4) As used in this section, “state officer” means any person acting on behalf of a board, commission, department, institution, branch or agency the costs of which are paid in whole or in part from funds held in the State Treasury. [2003 c.81 §8]

Note: 293.406 (Payment by State Treasurer) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.406 — Payment by State Treasurer; effect of issuance of check or warrant or initiation of electronic funds transfer by state officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.171 — OR Code / Title 28 / Chapter 293 / Section 293.171
293.171 State agency overdrafts
Status: in_force

(1) If a check, warrant or demand for payment by electronic funds transfer is presented to the State Treasurer for payment and at the time of presentment the account or fund from which payment should be drawn has insufficient moneys to pay in full the amount presented, the State Treasurer may transfer the overdraft amount from other moneys deposited in the State Treasury by the state agency from whose account or fund the payment is required. The State Treasurer may charge interest at a rate determined by the State Treasurer on any negative account or fund balance that results from the overdraft. The interest shall be paid to the account or fund from which moneys were transferred to pay the overdraft. The State Treasurer may also charge fees for the transfer, in amounts determined by the State Treasurer.

(2) The authority given the State Treasurer in this section is in addition to, and not in lieu of, authority given the treasurer in ORS 293.205 (Definitions for ORS 293.205 to 293.225) to 293.225 (Construction of ORS 293.205 to 293.220) .

(3) As used in this section, “state agency” means any board, commission, department, institution, branch or agency, the costs of which are paid in whole or in part from funds held in the State Treasury. [2003 c.81 §10]

Note: 293.171 (State agency overdrafts) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.171 — State agency overdrafts; interest , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.706 — OR Code / Title 28 / Chapter 293 / Section 293.706
293.706 Oregon Investment Council
Status: in_force

(1) There is created the Oregon Investment Council, consisting of five voting members and one nonvoting member.

(2) The Governor shall appoint four voting members, subject to Senate confirmation in the manner provided in ORS 171.562 (Procedures for confirmation) and 171.565 (Vote required for confirmation) . The members appointed by the Governor must be qualified by training and experience in the field of investment or finance.

(3) The Governor may appoint a member of the council under subsection (2) of this section who is also a member of the Public Employees Retirement Board appointed under ORS 238.640 (Qualifications of board members) (4). Except as provided in this subsection, members appointed by the Governor may not hold any other public office or public employment.

(4) The State Treasurer shall be a voting member.

(5) The Director of the Public Employees Retirement System shall be an ex officio member of the council with no voting power.

(6) The term of office of each appointed member of the council is four years, but each appointed member serves at the pleasure of the Governor. A vacancy in the appointed membership occurring other than by expiration of term shall be filled in the same manner as the original appointment, but for the unexpired term only. [1967 c.335 §2; 1987 c.877 §1; 2001 c.217 §1; 2003 c.69 §3; 2003 c.625 §§24,25; 2005 c.180 §§1,2; 2007 c.623 §2; 2013 c.468 §1]

Source: Section 293.706 — Oregon Investment Council; appointment; term; vacancies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.018 — OR Code / Title 28 / Chapter 291 / Section 291.018
291.018 Conducting research
Status: in_force

The Oregon Department of Administrative Services, or the State Chief Information Officer for purposes related to information and telecommunications technology, shall conduct research for use in administrative planning, policy review and organization and methods improvement. Periodic administrative reports to the department, the State Chief Information Officer and the Governor that are designed to outline factually the quantitative and qualitative aspects of work performance by operating units may be required of state agencies. The department and the State Chief Information Officer may require state agencies to submit information in reports that will permit sound analysis and will provide the basis for detecting administrative weaknesses, correcting performance difficulties and permitting better planning and management of state services. [Amended by 2015 c.807 §38]

Source: Section 291.018 — Conducting research; requiring administrative reports from agencies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.004 — OR Code / Title 28 / Chapter 295 / Section 295.004
295.004 Conditions for deposit of funds in excess of specified amounts
Status: in_force

(1) A public official may deposit public funds in a depository that is not a qualified depository in an amount in excess of the amount allowed in ORS 295.002 (Deposit of public funds) (1)(b) if the depository participates in a program through which:

(a) The depository arranges to deposit the funds into one or more certificates of deposit or time deposits issued by other financial institutions in the United States;

(b) Each certificate of deposit or time deposit is fully insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration;

(c) The depository administers the funds on behalf of the public official; and

(d) Other financial institutions that participate in the program place funds into the depository in an amount at least equal to the amount the public official deposited into the depository for purposes of the program.

(2) A public official may deposit public funds in a depository that is not a qualified depository in an amount in excess of the amount allowed in ORS 295.002 (Deposit of public funds) (1)(b) if the depository participates in a program that meets the following conditions:

(a) On or after the date that the funds are received, the depository:

(A) Arranges for the redeposit of the funds into one or more insured deposit accounts in other financial institutions in the United States; and

(B) Administers the funds on behalf of the public official;

(b) The full amount of the funds redeposited by the depository into deposit accounts in other financial institutions, together with any interest accrued on deposited funds, is insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration; and

(c) On the same date that the funds are redeposited under this subsection, the depository receives an amount of deposits from customers of other financial institutions that are at least equal to the amount of the funds redeposited by the depository.

(3) Until the depository places public funds into one or more certificates of deposit or time deposits as provided in subsection (1) of this section or places public funds into insured deposit accounts as provided in subsection (2) of this section, any uninsured public funds that the depository holds pending placement must be collateralized as provided in ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) for other uninsured public funds deposits.

(4) Intentionally left blank —Ed.

(a) The provisions of ORS 295.006 (Public official filings with State Treasurer) , 295.013 (Custodian’s receipt) , 295.015 (Maintenance of securities by qualified depository) , 295.018 (Increase in required collateral of qualified depository) , 295.037 (Distribution of collateral after loss in qualified depository) and 295.038 (Assessment against collateral of qualified depositories) do not apply to depositories that arrange to deposit public funds in accordance with the programs described in subsections (1) and (2) of this section.

(b) The certificate of deposit, time deposit or insured deposit in which a public official placed public funds under this section may be issued by a financial institution outside this state. [Formerly 295.027; 2009 c.821 §2; 2010 c.101 §3; 2011 c.477 §§1,2; 2019 c.587 §3]

Source: Section 295.004 — Conditions for deposit of funds in excess of specified amounts , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.700 — OR Code / Title 28 / Chapter 294 / Section 294.700
294.700 Proceedings to collect penalties
Status: in_force

The penalties provided for in ORS 294.990 (Penalties) (2) and (3) shall be recovered by actions at law instituted in the name of the commission by the district attorney. Any proceedings against a municipal corporation shall be taken against the municipal corporation, as such, and the penalty when recovered shall be deducted from any money in the county treasury to the credit of the municipal corporation. Any proceeding against a levying board shall be taken against the individual members of the levying board who are responsible for the failure, neglect or refusal to comply. [Amended by 1971 c.267 §14]

Source: Section 294.700 — Proceedings to collect penalties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.015 — OR Code / Title 28 / Chapter 295 / Section 295.015
295.015 Maintenance of securities by qualified depository
Status: in_force

Except as provided in ORS 295.018 (Increase in required collateral of qualified depository) :

(1) Intentionally left blank —Ed.

(a) Throughout the period that a qualified depository possesses uninsured public funds deposits, the depository shall maintain collateral, at the depository’s own expense, that has a value at least equal to the depository’s minimum collateral requirement and as otherwise prescribed in ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) . If the collateral consists of securities, the depository shall deposit the securities with the depository’s custodian. The depository and custodian shall identify the securities in their respective records as security for public funds deposited in accordance with ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) .

(b) For purposes of this section, when pledged as collateral for public funds deposits, loans described in ORS 295.001 (Definitions for ORS 295.001 to 295.108) (23)(f) must be discounted to 75 percent of the unpaid principal balance owing on the loan from time to time, or to a lower value that the State Treasurer determines from time to time.

(c) A bond anticipation note that is pledged as collateral for public funds deposits and for which there is no readily determinable market value must be discounted to 75 percent of the unpaid principal balance owing on the note from time to time, or to a lower value that the State Treasurer determines from time to time.

(2) A qualified depository may deposit other eligible securities with the depository’s custodian and release from deposit securities that the depository pledged to secure deposits of public funds if the remaining securities have a value not less than the depository’s minimum collateral requirement. The State Treasurer shall execute releases and surrender custodian’s receipts that are appropriate to effect pledges and releases of matured and excess pledged securities.

(3) If a qualified depository’s minimum collateral requirement increases because the depository ceases to be a well capitalized depository as reflected in the depository’s last treasurer report, call report or other public filing, or if the depository receives notice from the State Treasurer that its minimum collateral requirement is increased, the depository shall:

(a) Within three business days after the date on which the qualified depository’s minimum collateral requirement increases, the depository shall notify the depository’s custodian and the State Treasurer in writing that the depository’s minimum collateral requirement has increased, setting forth the depository’s new minimum collateral requirement and the depository’s plan for increasing the depository’s pledged collateral to the minimum collateral requirement; and

(b) Within five business days after the date on which the qualified depository’s minimum collateral requirement increases, or within a longer period approved by the State Treasurer in coordination with the Department of Consumer and Business Services, the depository shall, in accordance with the plan approved by the State Treasurer, provide additional collateral sufficient to increase the total value of the depository’s securities pledged as collateral for public funds deposits to the depository’s new minimum collateral requirement.

(4) If a qualified depository’s minimum collateral requirement decreases because the depository becomes well capitalized, or because the State Treasurer no longer requires the depository to pledge additional collateral under ORS 295.018 (Increase in required collateral of qualified depository) , the depository may:

(a) Notify the qualified depository’s custodian, if any, and the State Treasurer in writing that the depository’s minimum collateral requirement has decreased, setting forth the depository’s new minimum collateral requirement; and

(b) With the written approval of the State Treasurer, reduce the value of the qualified depository’s collateral including a release from the depository’s custodian of those securities that exceed the depository’s new minimum collateral requirement.

(5) The State Treasurer shall act upon requests for releases of securities under subsections (2) and (4)(b) of this section within three business days after receiving each request. [1967 c.451 §2; 1975 c.515 §3; 2007 c.871 §17; 2009 c.821 §6; 2010 c.101 §7; 2017 c.500 §3; 2019 c.587 §10]

Source: Section 295.015 — Maintenance of securities by qualified depository , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 293.212 — OR Code / Title 28 / Chapter 293 / Section 293.212
293.212 Transfers to funds of Department of Transportation with insufficient moneys
Status: in_force

(1) If the Department of Transportation determines that there is insufficient money in any of its funds to pay the obligations against that fund, the department may request the State Treasurer to transfer money from one or more other funds to the fund that has insufficient money. The treasurer shall transfer the money if:

(a) The lending fund has money that is not required at the time of the transfer to meet the obligations against the fund; and

(b) The treasurer determines that there are or will be enough moneys accruing to the borrowing fund, or that can be transferred to it, to enable a retransfer of the money to the lending fund in time to meet the requirements of the lending fund.

(2) All moneys transferred under this section to a borrowing fund shall be retransferred to the lending funds when or before they are needed.

(3) The department may request transfers of money under this section regardless of whether or not the insufficiency in a fund that triggers the request was anticipated by the department. [1991 c.793 §2; 2005 c.22 §218]

Note: 293.212 (Transfers to funds of Department of Transportation with insufficient moneys) was added to and made a part of 293.205 (Definitions for ORS 293.205 to 293.225) to 293.225 (Construction of ORS 293.205 to 293.220) by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.212 — Transfers to funds of Department of Transportation with insufficient moneys , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.766 — OR Code / Title 28 / Chapter 293 / Section 293.766
293.766 Monthly reports by investment officer to council
Status: in_force

Not later than 15 days after the last day of each month, the investment officer shall submit to the Oregon Investment Council a report of the investments made during the preceding month. The report shall include a detailed summary of investment, reinvestment, purchase, sale and exchange transactions, setting forth, among other matters, the investments bought, sold and exchanged, the dates thereof, the prices paid and obtained, the names of the dealers involved and a statement of the accounts referred to in ORS 293.756 (Separate accounting for funds) . The investment officer may send copies of the report to investment bankers and brokers recommended by the council. [1967 c.335 §15]

Source: Section 293.766 — Monthly reports by investment officer to council , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.882 — OR Code / Title 28 / Chapter 294 / Section 294.882
294.882 Merger or subsequent separation of investment pool and Oregon Short Term Fund
Status: in_force

(1) It is recognized that a time may come when the interest of local governments and tribal governments diminishes to the extent that participation in the investment pool no longer warrants its operation as a separate fund. If the investment pool decreases to a level below $125 million, the State Treasurer may transfer the assets of the pool to the Oregon Short Term Fund established under ORS 293.728 (Oregon Short Term Fund) . In that event, the investment pool participant accounts will be treated as are other state funds and accounts in receiving a proportionate share of the earnings of the Oregon Short Term Fund. Notwithstanding ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) , but subject to ORS 294.810 (Local and tribal governments authorized to place limited funds in pool) , when the State Treasurer transfers the assets of the investment pool to the Oregon Short Term Fund, the distributions of income to local governments and tribal governments, payment of related expenses and the reporting, program examination and audit functions with respect to the investment pool participant accounts shall be administered in accordance with ORS 293.353 (Payment for expense of processing banking-related transactions) and 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) .

(2) The State Treasurer, at the discretion of the treasurer, may reestablish the investment pool as a separate fund if the participant accounts increase to over $125 million and, in the State Treasurer’s judgment, sufficient interest by local government and tribal government exists to ensure the investment pool will remain over $125 million. Prior to reestablishing the pool as a separate fund, the State Treasurer shall first present a plan for operation, including the reasons for such action, to the Oregon Investment Council at a regularly scheduled meeting for its review and comment. The State Treasurer shall publish notice in the Secretary of State’s administrative rules bulletin of the treasurer’s intent to reestablish the pool as a separate fund at least 30 days prior to the meeting at which the Oregon Investment Council shall review the proposal, and notice of the meeting time and location of the Oregon Investment Council at which the proposal will be discussed. [1979 c.608 §9; 1980 c.19 §7; 1983 c.456 §3; 1993 c.18 §62; 1997 c.129 §1; 1999 c.1043 §7; 2009 c.541 §15; 2009 c.821 §27; 2013 c.338 §10]

Source: Section 294.882 — Merger or subsequent separation of investment pool and Oregon Short Term Fund; preconditions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.002 — OR Code / Title 28 / Chapter 295 / Section 295.002
295.002 Deposit of public funds
Status: in_force

(1) A public official shall deposit, or require the deposit of, all public funds in the public official’s custody or control in one or more qualified depositories, except as follows:

(a) A public official may retain undeposited such reasonable cash working fund as is fixed by the public body for which the public official acts.

(b) A public official may deposit public funds in a depository that is not a qualified depository if the amount of public funds deposited is fully insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration and, for any amount deposited in excess of the insured amount, the excess amount is insured or guaranteed by private deposit insurance or a deposit guaranty bond issued by an insurance company rated A- or better by a recognized insurance rating service.

(2) Compliance with ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) relieves the public official of personal liability for the loss of the public funds in the public official’s custody or control. [Formerly 295.025; 2010 c.101 §2; 2019 c.587 §2]

Source: Section 295.002 — Deposit of public funds; exceptions; limitation on personal liability , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 297.555 — OR Code / Title 28 / Chapter 297 / Section 297.555
297.555 Short title
Status: in_force

ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) and 297.990 (Penalties) may be cited as the Municipal Audit Law. [1977 c.774 §1; 1979 c.286 §12]

Source: Section 297.555 — Short title , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 292.026 — OR Code / Title 28 / Chapter 292 / Section 292.026
292.026 Payroll payments
Status: in_force

(1) After preparation of the payroll, the aggregate amount as prescribed by ORS 292.024 (Warrant for aggregate amount allowed plus assessments) shall be deposited in the Joint Payroll Account. The Oregon Department of Administrative Services may issue payment in the proper amount even though reimbursement funds payable to the Joint Payroll Account are not available on the date of issuance. The payments shall be drawn on the State Treasurer and be payable from the Joint Payroll Account. The payments shall be issued to:

(a) The officers and employees of the state agency who are entitled to receive payments under the payroll as allowed by the department.

(b) The persons, public or private, including persons responsible for holding or investing an officer or employee’s individual retirement account, section 408, Internal Revenue Code of 1954, in effect on January 1, 1987, entitled to receive the authorized employee deductions under the payroll as allowed by the department.

(c) Banks, savings and loan associations or credit unions, including persons responsible for holding or investing an officer or employee’s individual retirement account entitled to receive direct deposit of payroll payments as preauthorized by the officer or employee.

(2) Intentionally left blank —Ed.

(a) An officer or employee paid under the state payroll system shall receive payment of net salary and wages through direct electronic deposit to a financial institution specified by the officer or employee.

(b) The department shall electronically provide itemized statements of payroll deductions to the recipient.

(c) If the department determines that the electronic payment of net salary and wages is not practicable or efficient, payment may be made by:

(A) Paper check; or

(B) A credit to a bank-issued payroll card if the employee consents to payment by a bank-issued payroll card that is made in accordance with 12 C.F.R. 1005.5 as in effect on June 13, 2013.

(d) Notwithstanding paragraph (b) of this subsection, if an officer or employee wants to receive payment of net salary and wages by check or to receive a paper statement of itemized payroll deductions, the officer or employee shall request paper statements or payment by check in accordance with the procedures adopted by rule by the department.

(3) Payments issued under subsection (1)(b) or (c) of this section may be for the aggregate amount due under the payroll to the person, public or private, entitled to receive the money. The department may, where monthly payments are not required, issue payments less frequently than monthly to the persons, public or private, entitled to receive payments under subsection (1)(b) of this section. [1955 c.495 §6; 1967 c.454 §82; 1969 c.378 §5; 1979 c.718 §1; 1981 c.567 §1; 1985 c.355 §1; 2013 c.369 §1]

Source: Section 292.026 — Payroll payments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 292.070 — OR Code / Title 28 / Chapter 292 / Section 292.070
292.070 Withholding compensation to purchase United States Savings Bonds or other obligations
Status: in_force

(1) As used in ORS 292.070 (Withholding compensation to purchase United States Savings Bonds or other obligations) to 292.110 (Procedure where employee dies having credit in account) :

(a) “Compensation” means salaries and wages.

(b) “State employees” means state officers and employees, including minors.

(2) The Oregon Department of Administrative Services, pursuant to such rules as it may adopt, is authorized, with the approval of state employees, to withhold from their compensation sums with which to purchase for them United States Savings Bonds or other obligations of the United States of America and to deposit such sums with the State Treasurer in a trust account entitled Employes’ Bond Savings Account. The account shall be subject to withdrawal, in whole or in part, upon the check or written order of the department, or of such persons as may be deputized by it, for the purposes provided in ORS 292.070 (Withholding compensation to purchase United States Savings Bonds or other obligations) to 292.110 (Procedure where employee dies having credit in account) . The account, with its component items, shall be exempt from garnishment, attachment or execution under the laws of this state. [Amended by 1981 c.567 §3]

Source: Section 292.070 — Withholding compensation to purchase United States Savings Bonds or other obligations; Employes’ Bond Savings Account; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.353 — OR Code / Title 28 / Chapter 293 / Section 293.353
293.353 Payment for expense of processing banking-related transactions
Status: in_force

(1) As payment for expenses of processing banking-related transactions, the State Treasurer may charge each state agency having such transactions involving the State Treasury. The amount so charged shall be determined by the number of transactions processed by the State Treasurer and shall be paid in the manner determined by the State Treasurer to be most efficient and cost effective. The proceeds from such charges shall be deposited in the Miscellaneous Receipts Account established in the General Fund for the State Treasurer, and such proceeds are continuously appropriated for payment of expenses of the office of the State Treasurer in processing banking-related transactions.

(2) When the State Treasurer transfers the assets of the investment pool to the Oregon Short Term Fund established under ORS 293.728 (Oregon Short Term Fund) as authorized by ORS 294.882 (Merger or subsequent separation of investment pool and Oregon Short Term Fund) , “state agency,” as used in this section, includes local government and tribal government participants in the state investment fund. [1971 c.161 §2; 1975 c.410 §1; 1989 c.569 §3; 1999 c.1043 §1; 2009 c.541 §10; 2013 c.338 §12]

Source: Section 293.353 — Payment for expense of processing banking-related transactions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.034 — OR Code / Title 28 / Chapter 292 / Section 292.034
292.034 Payment for use of centralized payroll services
Status: in_force

(1) A state agency using the procedure provided by ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) shall pay for the expense of the services (including labor), facilities and materials furnished by the Oregon Department of Administrative Services under ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) .

(2) All moneys received by the department under the provisions of this section shall be deposited in the State Treasury to the credit of the Oregon Department of Administrative Services Operating Fund. [1955 c.495 §9; 1961 c.108 §12; 1967 c.454 §83; 1969 c.378 §7; 1993 c.500 §44a]

Source: Section 292.034 — Payment for use of centralized payroll services , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.240 — OR Code / Title 28 / Chapter 293 / Section 293.240
293.240 Writing off uncollectible debts due state agency
Status: in_force

(1) If a state agency has made all reasonable efforts to collect money owed to the agency and has determined that the money and any interest or penalties on the money are uncollectible, the agency may write off the debt on its accounts.

(2) Before determining that money is uncollectible under subsection (1) of this section, a state agency must adopt criteria for determining when money is uncollectible. The criteria must include the right of offset and must be approved by the Attorney General.

(3) Intentionally left blank —Ed.

(a) A state agency, the Department of Revenue collecting on an account under ORS 293.250 (Collections Unit) or a private collection agency collecting on an account under ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) may propose and accept offers of compromise for settlement of a debt owed to a state agency. Before proposing or accepting an offer of compromise, a state agency must adopt criteria for determining when offers of compromise may be made. The criteria must be approved by:

(A) The Attorney General in the case of the Secretary of State and State Treasurer;

(B) The Chief Justice in the case of all state courts and all commissions, departments and divisions in the judicial branch of state government; or

(C) The Oregon Department of Administrative Services and the Attorney General in the case of other state agencies.

(b) A private collection agency or the Department of Revenue shall accept an offer of compromise for settlement of a debt owed to a state agency:

(A) In accordance with the criteria adopted by the state agency to which the debt is owed; and

(B) With the authorization of the state agency to which the debt is owed.

(c) This subsection does not allow the compromise of the amount of restitution or a compensatory fine in a criminal money judgment.

(4) This section does not apply to debts owed to a state agency for which a procedure for compromise, release, discharge, waiver, cancellation or other form of settlement for the debt for reasons other than uncollectibility is by law made specially applicable to the state agency. [1965 c.448 §2; 1971 c.604 §3; 1991 c.567 §3; 1999 c.1092 §5; 2011 c.223 §1; 2015 c.766 §4; 2017 c.746 §20; 2021 c.215 §2]

Source: Section 293.240 — Writing off uncollectible debts due state agency; offers of compromise , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.625 — OR Code / Title 28 / Chapter 294 / Section 294.625
294.625 Jurisdiction of commission
Status: in_force

(1) The tax supervising and conservation commission has jurisdiction over all municipal corporations that have a population exceeding 200,000 and that are subject to the provisions of the Local Budget Law. If the territory of the municipal corporation lies in two or more counties, the municipal corporation shall be within the jurisdiction of the commission if the real market value of all property subject to taxation by the municipal corporation in a county having a commission is greater than the real market value of property subject to taxation by the municipal corporation in any other county. Real market value is the real market value computed according to ORS 308.207 (Computation of real market value for taxing or bonding limitations) from the assessment rolls last in the process of collection.

(2) Intentionally left blank —Ed.

(a) The commission has jurisdiction over a municipal corporation with a population not exceeding 200,000 unless an election is made under this subsection.

(b) The governing body of a municipal corporation electing not to be under the jurisdiction of the commission must make the election and communicate its intention to the commission not later than January 1 of the calendar year in which the fiscal year for which the budget is proposed will begin.

(c) An election under this subsection is effective for a period of not less than three years. [Amended by 1961 c.678 §3; 1965 c.451 §12; 1969 c.155 §4; 1981 c.623 §1; 1991 c.459 §10; 2009 c.596 §6]

Source: Section 294.625 — Jurisdiction of commission , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.324 — OR Code / Title 28 / Chapter 291 / Section 291.324
291.324 Emergency Board created
Status: in_force

There hereby is created a joint committee composed of members of both houses of the Legislative Assembly, to be known as the Emergency Board. [1953 c.386 §2]

Source: Section 291.324 — Emergency Board created , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.248 — OR Code / Title 28 / Chapter 291 / Section 291.248
291.248 Notice of allotment
Status: in_force

Upon the granting of any allotment, the Oregon Department of Administrative Services shall transmit a notice of the allotment to the agency concerned.

Source: Section 291.248 — Notice of allotment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.328 — OR Code / Title 28 / Chapter 291 / Section 291.328
291.328 Board may require presentation of evidence to support requests for action
Status: in_force

(1) Before the Emergency Board makes any allocation, grants any authorization or approves any budget under ORS 291.326 (Powers of board concerning expenditures by state agencies) , the board may require a state agency to submit written evidence to justify the allocation, authorization or approval or may require the head of the agency to appear before it in support thereof.

(2) The Emergency Board may require the Director of the Oregon Department of Administrative Services to submit a written report regarding the need and justification for the allocation, authorization or approval.

(3) Upon making an allocation, granting an authorization or approving a budget, the Emergency Board shall file with the department and the Secretary of State a copy of the order of allocation, grant of authorization or approved budget. [1953 c.386 §4; 2016 c.117 §30]

Source: Section 291.328 — Board may require presentation of evidence to support requests for action; filing of orders , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.433 — OR Code / Title 28 / Chapter 294 / Section 294.433
294.433 Format for notices and summaries
Status: in_force

Format for publication of notices and summaries required by ORS 294.438 (Publication of notice of meeting, financial summary and budget summary) shall be prescribed by the Department of Revenue. [Formerly 294.413]

Source: Section 294.433 — Format for notices and summaries , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.030 — OR Code / Title 28 / Chapter 297 / Section 297.030
297.030 Audits, reviews and investigations
Status: in_force

(1) The audits, reviews or investigations authorized to be made by the Secretary of State may be assigned to the Division of Audits as a part of its functions and duties.

(2) The Secretary of State may adopt rules, standards and criteria relating to audits conducted by the Division of Audits as the Secretary of State deems necessary or advisable. [Amended by 1955 c.287 §18; 1987 c.143 §1; 2019 c.567 §4]

Source: Section 297.030 — Audits, reviews and investigations; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.610 — OR Code / Title 28 / Chapter 294 / Section 294.610
294.610 Tax supervising and conservation commission
Status: in_force

(1) A tax supervising and conservation commission shall consist of five members appointed by the Governor. The commissioners appointed shall be citizens of the United States and of Oregon and residents in the county for which they are appointed and shall be electors therein. The commissioners shall serve wholly without compensation.

(2) Unless sooner removed by the Governor, as provided in this section, the commissioners shall hold office for a term of four years and until their successors are appointed and qualified. The term of office of the members of the commission shall commence on January 1.

(3) The Governor may, for good and sufficient cause, remove any commissioner at any time and appoint a successor.

(4) In case of death, resignation or inability of any member of the commission to serve, or of removal of any member of the commission from office, the Governor shall make an appointment to fill the balance of the unexpired term of that commissioner. [Amended by 1961 c.644 §2; 1973 c.61 §2; 1991 c.80 §1; 2005 c.750 §3]

Source: Section 294.610 — Tax supervising and conservation commission; members; appointment; qualifications; term; removal; filling vacancies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.120 — OR Code / Title 28 / Chapter 294 / Section 294.120
294.120 Use of facsimile signatures
Status: in_force

(1) When authorized to use facsimile signatures by the governing body of any county, city, district organized for public purposes or any other public corporation or political subdivision of the state, any person authorized to sign any check, warrant or other instrument on behalf of the county, city, district, public corporation or political subdivision may, in the discretion of the person, sign the check, warrant or other instrument by facsimile signature affixed by rubber stamp or by any mechanical equipment or device.

(2) Where the use of facsimile signatures is authorized under this section, the holder or drawee of any check, warrant or other instrument bearing or purporting to bear a facsimile signature shall be under no duty to determine the authority of the person who affixed the facsimile signature to use facsimile signatures. [1955 c.261 §1]

Source: Section 294.120 — Use of facsimile signatures , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.405 — OR Code / Title 28 / Chapter 291 / Section 291.405
291.405 Assessment of state agencies for mass transit purposes
Status: in_force

(1) This section and ORS 291.407 (Mass Transit Assistance Account) allow the Oregon Department of Administrative Services to assess state agencies and to provide moneys from the assessments to mass transit districts, established under ORS 267.010 (Definitions for ORS 267.010 to 267.394) to 267.394 (Investment of certain funds held by TriMet) , transportation districts, established under ORS 267.510 (Definitions for ORS 267.510 to 267.650) to 267.650 (Finance elections) , and service districts, established under ORS 451.410 (Definitions for ORS 451.410 to 451.610) to 451.610 (Advisory committee for emergency communications system) to provide public transportation services, as reimbursement for the benefit that state government receives from the districts.

(2) State agencies subject to assessment under this section include every state officer, board, commission, department, institution, branch or agency of the state whose costs are paid wholly or in part from funds held in the State Treasury, and include the Legislative Assembly, the state courts and their officers and committees.

(3) If the Oregon Department of Administrative Services elects to pay moneys to districts under this section and ORS 291.407 (Mass Transit Assistance Account) , the department shall do the following:

(a) Determine what services performed for subject state agencies will be subject to assessment under this section;

(b) Determine which subject agencies have employees within each district who are performing the subject services;

(c) Determine the amount of wages paid to the agency employees for performing the subject services within each district; and

(d) Establish a rate of assessment of not more than six-tenths of one percent of the total amount of the wages determined under this subsection.

(4) When determining under subsection (3)(c) of this section the total amount of wages paid to agency employees for performing subject services within each district, the Oregon Department of Administrative Services shall include wages that are paid from federal funds only to the extent the assessment on those wages is authorized to be paid under federal regulations.

(5) Notwithstanding any other provision of this section, the Oregon Department of Administrative Services shall not establish rates or impose assessments under this section that exceed the following:

(a) The Oregon Department of Administrative Services shall not assess more from an agency than the Legislative Assembly provides the agency for purposes of this section, either directly or indirectly through its approval of budgets or through the Emergency Board, if the agency budget is approved by the Legislative Assembly from General Fund moneys.

(b) If an agency is an agency other than one described in paragraph (a) of this subsection, the Oregon Department of Administrative Services shall not assess moneys from the agency at a greater rate than the rate applicable to an agency described in paragraph (a) of this subsection.

(6) At any time it determines appropriate, the Oregon Department of Administrative Services may:

(a) Redetermine any factors necessary to perform its duties under this section; or

(b) Vary the rate under this section within the limits established under this section.

(7) After making determinations and establishing a rate under this section, the Oregon Department of Administrative Services may direct the assessment against the payrolls of subject agencies at the rate established by the department. All moneys assessed under this section shall be promptly forwarded to the Oregon Department of Administrative Services.

(8) The Oregon Department of Administrative Services shall pay any moneys it receives under this section to the State Treasurer for deposit in the account established under ORS 291.407 (Mass Transit Assistance Account) for use as provided in that section. [1981 c.788 §1; 1997 c.60 §1; 2003 c.51 §1; 2016 c.117 §36]

Note: 291.405 (Assessment of state agencies for mass transit purposes) and 291.407 (Mass Transit Assistance Account) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.405 — Assessment of state agencies for mass transit purposes; rates , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.346 — OR Code / Title 28 / Chapter 293 / Section 293.346
293.346 Drawing warrants
Status: in_force

Warrants shall be drawn in payment of claims for payment from any moneys in the State Treasury. All warrants shall be drawn by the Oregon Department of Administrative Services, and ORS 291.015 (Fiscal responsibilities of department) (2) does not apply to the drawing of warrants by the department. [1967 c.454 §20; 1971 c.80 §1; 1993 c.741 §27]

Source: Section 293.346 — Drawing warrants , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.461 — OR Code / Title 28 / Chapter 294 / Section 294.461
294.461 Tax certification contrary to law voidable by Oregon Tax Court
Status: in_force

(1) Any ad valorem property tax made contrary to the provisions of ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) or any other law relating to the making of tax levies shall be voidable as provided in subsection (2) of this section and ORS 310.070 (Procedure when taxes exceed limitations or are incorrectly categorized) .

(2) The county assessor, county court, board of county commissioners, the Department of Revenue, tax supervising and conservation commission or 10 or more interested taxpayers may appeal to the regular division of the Oregon Tax Court and such appeal shall be perfected in the following manner only:

(a) Within 30 days after the certification of ad valorem property taxes is filed with the county assessor under ORS 310.060 (Notice certifying taxes) , the appealing party shall file a complaint with the clerk of the tax court at its principal office in Salem, Oregon. Such filing in the tax court shall constitute the perfection of the appeal. Service upon the Department of Revenue shall be accomplished by the clerk of the tax court filing a copy of the complaint with the Director of the Department of Revenue and with the secretary or clerk of the municipal corporation. When a complaint is filed under this section by 10 or more interested taxpayers, if following perfection of the court’s jurisdiction to hear the case:

(A) One or more of the taxpayers withdraws from the proceedings, and five or more of the taxpayers do not withdraw, the court shall nevertheless retain jurisdiction to hear the matter; or

(B) One or more of the taxpayers withdraws from the proceedings, and fewer than five of the taxpayers remain parties and do not withdraw, the court shall not retain jurisdiction to hear the matter but shall dismiss the case with prejudice.

(b) The complaint shall state the facts and the grounds upon which the plaintiff contends the tax should be voided or modified. The case shall proceed thereafter in the manner provided in ORS 305.405 (Oregon Tax Court) to 305.494 (When shareholder may represent corporation in tax court proceedings) .

(3) If the tax court finds that the budget and the tax certification in question were not prepared and made in substantial compliance with ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) and any other applicable law relating to the making of ad valorem property taxes, it shall declare void or modify any such tax and shall direct that such action be taken, all as in the circumstances it shall deem appropriate. [Formerly 294.485]

Source: Section 294.461 — Tax certification contrary to law voidable by Oregon Tax Court; appeal procedure , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.146 — OR Code / Title 28 / Chapter 293 / Section 293.146
293.146 Transfer of moneys to Rainy Day Fund
Status: in_force

(1) As used in this section:

(a) “Ending balance” means the difference between the amount of General Fund revenues collected during a biennium and the amount of General Fund appropriations for the biennium.

(b) “General Fund appropriations” means the amount of moneys appropriated from the General Fund for a biennium in the legislatively approved budget for the biennium, minus the amount of any General Fund appropriation balances for that biennium that revert to the General Fund under ORS 293.190 (Reversion of appropriations to General Fund) .

(c) “Legislatively approved budget” has the meaning given that term in ORS 291.002 (Definitions) .

(2) Except as provided in ORS 293.148 (Cap on amount) , as soon as possible after the ending balance for a biennium is determined, an amount equal to one percent of the amount of General Fund appropriations for that biennium shall be transferred to the Oregon Rainy Day Fund established by ORS 293.144 (Oregon Rainy Day Fund) . If the ending balance does not equal or exceed one percent of the amount of General Fund appropriations, an amount equal to the ending balance shall be transferred to the Oregon Rainy Day Fund. [2007 c.5 §4]

Note: See note under 293.144 (Oregon Rainy Day Fund) .

Source: Section 293.146 — Transfer of moneys to Rainy Day Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.855 — OR Code / Title 28 / Chapter 294 / Section 294.855
294.855 Legal opinions
Status: in_force

(1) In the acquisition or disposition of bonds with which approving legal opinions ordinarily are furnished, the investment officer may require an original or certified copy of the written opinion of a reputable bond attorney or attorneys, or the written opinion of the Attorney General, certifying to the legality of the bonds.

(2) The Oregon Investment Council may arrange for the furnishing to the investment officer of investment counseling services. The furnishing and acquisition of those services are not subject to the State Personnel Relations Law or ORS 279A.140 (State procurement of goods and services) .

(3) The investment officer, with the approval of the council, may arrange for services with respect to mortgages in which moneys in the investment pool are invested. Those services shall be paid for out of the gross interest of the mortgages with respect to which the services are furnished, and the net interest of the mortgages after that payment shall be considered income of the investment pool. The furnishing and acquisition of those services are not subject to the State Personnel Relations Law or ORS 279A.140 (State procurement of goods and services) . [1973 c.748 §12; 2003 c.794 §252]

Source: Section 294.855 — Legal opinions; investment counseling services; mortgage services , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.438 — OR Code / Title 28 / Chapter 294 / Section 294.438
294.438 Publication of notice of meeting, financial summary and budget summary
Status: in_force

(1) Not more than 30 days and not less than five days before the meeting of the governing body of a municipal corporation under ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) , a notice of the meeting and a financial summary of the budget as approved by the budget committee and compared with the actual expenditures and budget resources of the preceding year or preceding budget period and the budget summary of the current year or current budget period must be published by one or more of the methods described in ORS 294.311 (Definitions for ORS 294.305 to 294.565) (35) at least once. The notice and financial summary may be published in accordance with forms prescribed by the Department of Revenue or in a narrative format that includes all the information required under subsections (2) to (8) of this section.

(2) Except as provided in ORS 294.441 (Requirements for financial summaries of school, education service and community college districts) , the financial summary required under subsection (1) of this section must state separately the total amount of resources included in the budget in each of the following categories:

(a) Beginning fund balance or net working capital;

(b) Income from fees, licenses, permits, fines, assessments and all other service charges imposed by the municipal corporation;

(c) Property taxes approved by the budget committee for the ensuing year, or as increased by the governing body of the municipal corporation as provided in ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) ;

(d) Federal, state and other grants, gifts, allocations and donations;

(e) Proceeds from bonds and other borrowings;

(f) Interfund revenue transfers and reimbursements for internal services; and

(g) The total of all other budget resources.

(3) Except as provided in ORS 294.441 (Requirements for financial summaries of school, education service and community college districts) , the financial summary required under subsection (1) of this section must state separately the total amount of expenditures and other requirements included in the budget in each of the following categories:

(a) Personnel services;

(b) Materials and services;

(c) Capital outlay;

(d) Debt service;

(e) Special payments;

(f) Interfund revenue transfers;

(g) Operating contingencies; and

(h) Unappropriated ending fund balance and reserves.

(4) Intentionally left blank —Ed.

(a) Except as provided in ORS 294.441 (Requirements for financial summaries of school, education service and community college districts) , the financial summary required under subsection (1) of this section must state the estimated total amount of expenditures and other requirements and the estimated total number of employees stated in full-time equivalent positions for the ensuing year or ensuing budget period for each organizational unit or program of the municipal corporation.

(b) For purposes of this subsection, “organizational unit” does not apply to hospitals.

(5) Intentionally left blank —Ed.

(a) The financial summary required under subsection (1) of this section must describe in narrative format the prominent changes from the current year or current budget period in the activities and financing of the major organizational units or major programs.

(b) For purposes of this subsection, “organizational unit” does not apply to hospitals.

(6) The financial summary required under subsection (1) of this section must state the municipal corporation’s operating tax rate or amount and the rate or amount of all other ad valorem property taxes to be certified to the assessor, including separate rates or amounts for local option taxes and ad valorem property taxes for meeting payments on bond principal and interest and for meeting other obligations of the municipal corporation described in section 11 (5), Article XI of the Oregon Constitution. Tax rates must be stated as a rate per thousand dollars of assessed value.

(7) The following statements must be published with the financial summary required under subsection (1) of this section:

(a) A classified statement of outstanding indebtedness excluding indebtedness that has been defeased as provided in ORS 287A.195 (Compliance with constitutional or statutory debt limits) ; and

(b) A classified statement of all indebtedness authorized but not incurred.

(8) The meeting notice required under subsection (1) of this section must:

(a) State the time and place of the budget hearing at which the approved budget document may be discussed with the governing body of the municipal corporation;

(b) State the place where the complete budget document is available during regular business hours for inspection by the general public and where and when copies of the complete budget document may be obtained;

(c) State that the budget has been prepared in accordance with the basis of accounting used in the preceding year or preceding budget period unless a change in the basis of accounting is anticipated; and

(d) If a change in the basis of accounting is to be made, explain the change and the effects of the change.

(9) The Department of Revenue may adopt rules to implement the provisions of this section. [Formerly 294.416; 2013 c.420 §1]

Source: Section 294.438 — Publication of notice of meeting, financial summary and budget summary; requirements of financial summary and notice of meeting; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.045 — OR Code / Title 28 / Chapter 291 / Section 291.045
291.045 Definitions for ORS 291.045 and 291.047
Status: in_force

As used in this section and ORS 291.047 (Public contract approval by Attorney General) :

(1) “Information technology” includes, but is not limited to, all present and future forms of hardware, software and services for data processing, office automation and telecommunications.

(2) “State agency” includes every state officer, board, commission, department, institution, branch or agency of the state government, whose costs are paid wholly or in part from funds held in the State Treasury, except:

(a) The Legislative Assembly, the courts and their officers and committees; and

(b) The Oregon Public Defense Commission.

(3) “Public contract” means any acquisition, disposition, purchase, lease, sale or transfer of rights by a state agency of real or personal property, public improvements or services.

(4) “Public improvement” means projects for construction, reconstruction or renovation on real property by or for a state agency. [1997 c.869 §4; 2003 c.449 §22; 2023 c.281 §53]

Note: The amendments to 291.045 (Definitions for ORS 291.045 and 291.047) by section 87, chapter 281, Oregon Laws 2023, become operative January 1, 2025. See section 92, chapter 281, Oregon Laws 2023. The text that is operative on and after January 1, 2025, is set forth for the user’s convenience.

291.045 (Definitions for ORS 291.045 and 291.047) . As used in this section and ORS 291.047 (Public contract approval by Attorney General) :

(1) “Information technology” includes, but is not limited to, all present and future forms of hardware, software and services for data processing, office automation and telecommunications.

(2) “State agency” includes every state officer, board, commission, department, institution, branch or agency of the state government, whose costs are paid wholly or in part from funds held in the State Treasury, except the Legislative Assembly, the courts and their officers and committees.

(3) “Public contract” means any acquisition, disposition, purchase, lease, sale or transfer of rights by a state agency of real or personal property, public improvements or services.

(4) “Public improvement” means projects for construction, reconstruction or renovation on real property by or for a state agency.

Source: Section 291.045 — Definitions for ORS 291.045 and 291.047 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.073 — OR Code / Title 28 / Chapter 295 / Section 295.073
295.073 Report to State Treasurer of actions that reduce net worth of depository
Status: in_force

The Director of the Department of Consumer and Business Services shall advise the State Treasurer in writing of any action the director takes or directs a qualified depository to take that will reduce the depository’s net worth by more than 10 percent as shown on the most recent treasurer report submitted pursuant to ORS 295.061 (Treasurer reports) . [2007 c.871 §9; 2009 c.821 §16; 2010 c.101 §20; 2019 c.587 §25]

Source: Section 295.073 — Report to State Treasurer of actions that reduce net worth of depository , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.100 — OR Code / Title 28 / Chapter 294 / Section 294.100
294.100 Public official expending money in excess of amount or for different purpose than provided by law unlawful
Status: in_force

(1) It is unlawful for any public official to expend any moneys in excess of the amounts provided by law, or for any other or different purpose than provided by law.

(2) Any public official who expends any public moneys in excess of the amounts or for any other or different purpose than authorized by law shall be civilly liable for the return of the money by suit of the district attorney of the district in which the offense is committed, or at the suit of any taxpayer of such district, if the expenditure constitutes malfeasance in office or willful or wanton neglect of duty.

(3) On the demand in writing of 10 taxpayers of any municipal corporation with a population exceeding 100,000 inhabitants, filed with the tax supervising and conservation commission in the county in which the municipal corporation is situated, which demand sets forth that a public official has unlawfully expended public moneys in excess of the amount or for any other or different purpose than provided by law and that the expenditure constitutes malfeasance in office or willful or wanton neglect of duty, the tax supervising and conservation commission shall make an investigation of the facts as to the expenditure. If the tax supervising and conservation commission finds that public moneys have been unlawfully expended and that the expenditure constitutes malfeasance in office or willful or wanton neglect of duty, the commission shall proceed at law in the courts against the public official who has unlawfully expended the moneys for the return of the moneys unlawfully expended to the treasury of the municipal corporation. A right of action hereby is granted to the tax supervising and conservation commission for the purposes of this section.

(4) This section does not apply to the expenditure of revenues that are allowed to be accrued from a fiscal year to the prior fiscal year under ORS 294.383 (Inclusions in accrued revenues of school, education service, community college and community college service districts using accrual basis of accounting) . [Amended by 2001 c.399 §1; 2002 s.s.4 c.1 §§9,10]

Source: Section 294.100 — Public official expending money in excess of amount or for different purpose than provided by law unlawful; civil liability , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.885 — OR Code / Title 28 / Chapter 294 / Section 294.885
294.885 Oregon Short Term Fund Board
Status: in_force

(1) There is created the Oregon Short Term Fund Board consisting of seven members.

(2) One member shall be the State Treasurer or the treasurer’s designated representative. Three members, who are qualified by training and experience in the field of investment or finance and who do not hold any other public office or employment, shall be appointed by the State Treasurer. Three members, who are treasurers, finance or fiscal officers or business managers of any county, city or school district, shall be appointed by the Governor. In making the appointment, the Governor may consider persons recommended by:

(a) The Association of Oregon Counties.

(b) The League of Oregon Cities.

(c) The Oregon School Boards Association.

(d) One or more tribal governments with tribal government officials.

(3) The term of office of each appointed member of the board is four years, but each appointed member serves at the pleasure of the appointing authority. A vacancy in the appointed membership occurring other than by expiration of term shall be filled in the same manner as the original appointment, but for the unexpired term only. [1973 c.748 §19; 1979 c.608 §7; 1981 c.880 §18; 1989 c.1006 §2; 2013 c.338 §11]

Source: Section 294.885 — Oregon Short Term Fund Board; members; appointment; term; vacancies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.756 — OR Code / Title 28 / Chapter 293 / Section 293.756
293.756 Separate accounting for funds
Status: in_force

The investment officer shall keep, for each fund included in the investment funds for which investments are made, a separate account, which shall record the individual amounts and the totals of all investments of moneys in the fund. [1967 c.335 §13]

Source: Section 293.756 — Separate accounting for funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.450 — OR Code / Title 28 / Chapter 293 / Section 293.450
293.450 Report of checks outstanding more than two years
Status: in_force

(1) Before October 1 of each year, an agency that maintains an account pursuant to ORS 293.445 (Definition for ORS 293.445 to 293.460) shall prepare a report pursuant to ORS 98.352 (Report of abandoned property) of all checks or orders drawn by it that have been outstanding for a period of more than two years prior to July 1, and that have not been paid by the State Treasurer.

(2) The report shall not include checks or orders that have already been paid pursuant to indemnity bonds.

(3) The agency shall forward the report to the State Treasurer before November 1.

(4) The State Treasurer may not require the Department of Revenue to remit funds being held by the department prior to January 1, 1994. [Formerly 291.510; 1967 c.454 §63; 1977 c.126 §4; 1993 c.500 §62; 1993 c.694 §30; 1997 c.86 §2; 2019 c.678 §61]

Source: Section 293.450 — Report of checks outstanding more than two years , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.731 — OR Code / Title 28 / Chapter 293 / Section 293.731
293.731 Council to formulate and review investment policies
Status: in_force

Subject to the objective set forth in ORS 293.721 (General objective of investments) and the standards set forth in ORS 293.726 (Standard of judgment and care in investments) , the Oregon Investment Council shall formulate policies for the investment and reinvestment of moneys in the investment funds and the acquisition, retention, management and disposition of investments of the investment funds. The council, from time to time, shall review those policies and make changes therein as it considers necessary or desirable. The council may formulate separate policies for any fund included in the investment funds. This section does not apply to the Oregon Growth Account, the Oregon Growth Fund, the Oregon Growth Board, the Oregon Innovation Fund or the Oregon Innovation Council. [1967 c.335 §8; 1993 c.210 §20; 1999 c.42 §1; 1999 c.274 §18; 2001 c.835 §9; 2001 c.922 §§15a,15b; 2005 c.748 §§15,16; 2012 c.90 §§22,32; 2013 c.732 §8; 2019 c.131 §10]

Source: Section 293.731 — Council to formulate and review investment policies; exception , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.463 — OR Code / Title 28 / Chapter 294 / Section 294.463
294.463 Transfers of appropriations within fund or between funds
Status: in_force

Subject to the provisions of the charter of a city or county or a law relating to municipal corporations:

(1) Except as provided in subsection (2) of this section, transfers of appropriations may be made within a fund when authorized by ordinance or resolution of the governing body of a municipal corporation. The ordinance or resolution must state the need for the transfer, the purpose for the authorized expenditure and the amount transferred.

(2) Transfers of general operating contingency appropriations that in aggregate during a fiscal year or budget period exceed 15 percent of the total appropriations of the fund contained in the original budget adopted by the governing body of the municipal corporation for the fiscal year or budget period may be made only after adoption of a supplemental budget prepared for the purpose.

(3) Transfers of appropriations or of appropriations and an equal amount of budget resources may be made between funds of the municipal corporation when authorized by ordinance or resolution of the governing body. The ordinance or resolution must state the need for the transfer, the purpose for the authorized expenditures in the appropriation and the amount transferred.

(4) This section applies only to transfers made after a budget has been approved and during the fiscal year or budget period for which the appropriations are made. [Formerly 294.450]

Source: Section 294.463 — Transfers of appropriations within fund or between funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.169 — OR Code / Title 28 / Chapter 293 / Section 293.169
293.169 Notification to agency to stop issuing checks or warrants or initiating electronic funds transfers
Status: in_force

(1) The State Treasurer may notify a state agency that it must stop issuing checks or warrants on, or initiating electronic funds transfers from, a specified fund or account if:

(a) The General Fund is exhausted as described in ORS 293.165 (Borrowing to pay warrants against General Fund) (2);

(b) Warrants drawn on the General Fund are being registered under ORS 293.167 (Proceeding when warrants not paid for want of funds) ;

(c) An appropriation or other authorization to expend moneys has not been approved for the state agency; or

(d) There are no moneys in the fund or account on or from which the state agency proposes to issue checks or warrants or to initiate electronic funds transfers.

(2) A notice issued by the State Treasurer under this section must specify the fund or account on or from which the state agency may no longer issue checks or warrants or initiate electronic funds transfers. When the conditions described in subsection (1) of this section that led to the notice from the State Treasurer are no longer in effect, the State Treasurer shall notify the state agency that it may resume issuance of checks or warrants or initiation of electronic funds transfers.

(3) A state agency that receives a notice from the State Treasurer under subsection (1) of this section must cease issuing checks or warrants drawn on, or initiating electronic funds transfers from, the specified fund or account. If authorized to do so by the State Treasurer, a state agency that ceases issuance of checks or warrants or initiation of electronic funds transfers under this section may pay obligations by warrants that may be registered under ORS 293.167 (Proceeding when warrants not paid for want of funds) if the checks or warrants are drawn on, or the electronic funds transfers are from, moneys in the General Fund.

(4) As used in this section, “state agency” means any board, commission, department, institution, branch or agency the costs of which are paid in whole or in part from funds held in the State Treasury. [2003 c.81 §9]

Note: 293.169 (Notification to agency to stop issuing checks or warrants or initiating electronic funds transfers) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.169 — Notification to agency to stop issuing checks or warrants or initiating electronic funds transfers; resumption of checks, warrants or electronic funds transfers , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 295.091 — OR Code / Title 28 / Chapter 295 / Section 295.091
295.091 Geographic preference in selecting depositories
Status: in_force

(1) A public official need not deposit public funds in a depository in a particular locality, but the public official shall give preference to a depository that is engaged in business at an office within the corporate limits of the public official’s public body. If more than one local depository exists, the public official shall apportion the public funds among the local depositories in a manner that is equitable and in the best interests of the public body.

(2) The depositories shall pay interest to the public body for deposits evidenced by certificates of deposit or deposits that by agreement may not be withdrawn on less than 30 days’ notice, at the rate or rates upon which the public body and the depository agree.

(3) Interest received on deposits of moneys under this section accrues to and becomes a part of the fund the moneys of which were deposited.

(4) This section does not apply to the State Treasurer. [Formerly 295.155; 2010 c.101 §23; 2019 c.587 §27]

Source: Section 295.091 — Geographic preference in selecting depositories; apportioning funds; interest , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.695 — OR Code / Title 28 / Chapter 294 / Section 294.695
294.695 Attorney General as legal advisor and counsel to commission
Status: in_force

The Attorney General shall be the legal advisor and counsel of the commission and shall represent it in all suits and actions and other legal proceedings in any court in this state. The Attorney General shall receive compensation for any services rendered in such capacity. [Amended by 1969 c.363 §2; 1973 c.775 §6]

Source: Section 294.695 — Attorney General as legal advisor and counsel to commission , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.003 — OR Code / Title 28 / Chapter 291 / Section 291.003
291.003 Federal laws and rules govern use of federal funds
Status: in_force

Notwithstanding any provision of ORS 291.001 (Use of accounting terms) to 291.034 (Providing technical services involving data processing) , 291.201 (“Tax expenditure” defined for ORS 291.201 to 291.222) to 291.222 (Furnishing information and assistance to Governor-elect) , 291.232 (Declaration of policy) to 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) , 291.261 (Reducing allotment to prevent deficit) , 291.307 (Appropriation from General Fund to constitute a credit only) and 291.990 (Penalties) , but subject to any applicable judgment or settlement agreement, in all cases where federal funds are involved, the federal laws, rules and regulations applicable to the federal funds shall govern. [Amended by 1967 c.419 §3; 2003 c.734 §14; 2009 c.821 §24]

Source: Section 291.003 — Federal laws and rules govern use of federal funds; exceptions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.184 — OR Code / Title 28 / Chapter 294 / Section 294.184
294.184 County Assessment Function Funding Assistance Account
Status: in_force

(1) There is created under ORS 293.445 (Definition for ORS 293.445 to 293.460) a suspense account to be known as the County Assessment Function Funding Assistance Account. The account shall consist of:

(a) All moneys paid over by the county treasurers as provided under ORS 294.187 (County Assessment and Taxation Fund) (2)(a); and

(b) All interest earned upon any moneys in the account.

(2) Prior to each quarterly distribution of the moneys in the account under ORS 294.178 (Assessment grant to county) , the moneys necessary to pay the following Department of Revenue expenses shall be transferred to a suspense account of the department created under ORS 293.445 (Definition for ORS 293.445 to 293.460) and are continuously appropriated to the department for:

(a) Expenses incurred in carrying out the purposes of ORS 294.175 (Definitions) to 294.184 (County Assessment Function Funding Assistance Account) ; and

(b) Appraisal expenses incurred by the department in appraising state-appraised industrial properties as defined in ORS 306.126 (Appraisal of industrial property by department) and property of centrally assessed companies under ORS 308.505 (Definitions for ORS 308.505 to 308.674) to 308.674 (Exemption equal to difference between real market value of company’s centrally assessable property and 130 percent of cost of company’s centrally assessable real and tangible personal property) .

(3) The amount of moneys transferred to the suspense account of the department under subsection (2) of this section each quarter may not exceed 10 percent of the moneys in the account.

(4) The remainder of the moneys in the account after the transfer made under subsection (2) of this section shall be used for the purpose of making the grant payments to counties as required under ORS 294.178 (Assessment grant to county) and are continuously appropriated to the department for that purpose. [1989 c.796 §6; 1999 c.701 §2a; 2001 c.303 §13; 2009 c.18 §3; 2011 c.83 §6; 2015 c.36 §3]

Source: Section 294.184 — County Assessment Function Funding Assistance Account; sources; purpose , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.505 — OR Code / Title 28 / Chapter 294 / Section 294.505
294.505 Division of Audits to issue notification of budgetary irregularities
Status: in_force

(1) The Division of Audits created by ORS 297.020 (Functions and duties of Division of Audits) shall notify the municipal corporation and Department of Revenue of any irregularities in the budget procedure of the municipal corporation which is brought to its attention in the audits prepared by the division or brought to its attention in audits which are required to be filed with the division.

(2) If the Department of Revenue finds from the information submitted by the Division of Audits pursuant to subsection (1) of this section that ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) have not been followed, the Department of Revenue shall order the municipal corporation to correct its procedures in the preparation of its subsequent budgets. The order shall set forth the irregularities and the steps necessary to prevent such irregularities from happening in the future. Such order shall be a public record. [1963 c.576 §34a]

Source: Section 294.505 — Division of Audits to issue notification of budgetary irregularities; Department of Revenue to advise municipal corporation of correct procedures , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.075 — OR Code / Title 28 / Chapter 293 / Section 293.075
293.075 Encumbrances
Status: in_force

The Oregon Department of Administrative Services may adopt rules and regulations defining “encumbrances” as used in ORS chapters 291, 292 and 293 and the manner in which they are to be charged to appropriations and expenditure limitations. [1971 c.341 §2]

GIFTS, DEVISES AND BEQUESTS

Source: Section 293.075 — Encumbrances; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.776 — OR Code / Title 28 / Chapter 293 / Section 293.776
293.776 Examination and audit of investment program
Status: in_force

The Oregon Investment Council shall provide for an examination and audit of the investment funds investment program, and for submission to the council of a report based on the examination and audit, at least once every four years and at other times as the council may require. The examination and audit, and the report based thereon, shall include an evaluation of current investment funds investment policies and practices and of specific investments of the investment funds in relation to the objective set forth in ORS 293.721 (General objective of investments) , the standard set forth in ORS 293.726 (Standard of judgment and care in investments) and other criteria as may be appropriate, and recommendations relating to the investment funds investment policies and practices and to specific investments of the investment funds as are considered necessary or desirable. The council shall make copies of the report or a summary thereof available for distribution to interested persons. [1967 c.335 §17]

Source: Section 293.776 — Examination and audit of investment program; report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.675 — OR Code / Title 28 / Chapter 294 / Section 294.675
294.675 Calling joint meetings of levying boards
Status: in_force

The commission may call joint meetings of the levying boards subject to ORS 294.605 (Definitions for ORS 294.605 to 294.705) to 294.705 (Tax supervising and conservation commission fund) and may require their attendance for the purpose of discussing problems common to two or more municipal corporations under the jurisdiction of the commission, including long range financial planning, building programs, special levies, bond issues and cooperative ventures such as joint purchasing.

Source: Section 294.675 — Calling joint meetings of levying boards , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.326 — OR Code / Title 28 / Chapter 291 / Section 291.326
291.326 Powers of board concerning expenditures by state agencies
Status: in_force

(1) The Emergency Board, during the interim between sessions of the Legislative Assembly, may exercise the following powers:

(a) Where an emergency exists, to allocate to any state agency, out of any emergency fund that may be appropriated to the Emergency Board for that purpose, additional funds beyond the amount appropriated to the agency by the Legislative Assembly, or funds to carry on an activity required by law for which an appropriation was not made.

(b) Where an emergency exists, to authorize any state agency to expend, from funds dedicated or continuously appropriated for the uses and purposes of the agency, sums in excess of the amount of the budget of the agency as approved in accordance with law.

(c) In the case of a new activity coming into existence at such a time as to preclude the possibility of submitting a budget to the Legislative Assembly for approval, to approve, or revise and approve, a budget of the money appropriated for such new activity.

(d) Where an emergency exists, to revise or amend the budgets of state agencies to the extent of authorizing transfers between expenditure classifications within the budget of an agency.

(2) No allocation, authorization or approval under subsection (1)(a), (b) or (c) of this section shall be effective unless made at a meeting at which 10 members of the board were present.

(3) The laws enacted by the Legislative Assembly making appropriations and limiting expenditures, or either, are not intended to limit the powers of the Emergency Board. [1953 c.386 §3; subsection (3) enacted as 1963 c.182 §2; 1973 c.201 §2]

Source: Section 291.326 — Powers of board concerning expenditures by state agencies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.875 — OR Code / Title 28 / Chapter 294 / Section 294.875
294.875 Monthly report of investments of pool funds
Status: in_force

Not later than 15 days after the last day of each month, the investment officer shall submit to the Oregon Investment Council and the Oregon Short Term Fund Board a report of the investments made during the preceding month. The report shall include a detailed summary of investment, reinvestment, purchase, sale and exchange transactions, setting forth, among other matters, the investments bought, sold and exchanged, the dates thereof, the prices paid and obtained, the names of the dealers involved and a statement of the accounts referred to in ORS 294.870 (Separate accounts for public bodies) (1). The reports shall include a description of every investment in the portfolio of assets in the investment pool showing issuer, coupon, purchase date, maturity date, yield to maturity, book value, market value as of the end of the month for which the report is rendered and the method used to value pool investments; a computation of the average life of the portfolio of assets in the investment pool weighted according to the market value of each investment that matures more than 270 days from the report date as of the end of the month for which the report is rendered; and a computation of the annualized rate of return of the investment pool portfolio, net of expense. A copy of the reports shall be made available to each county, municipality, school district and other political subdivision and tribal government the funds of which are then being invested by the investment officer. The investment officer may send copies of the report to investment bankers and brokers recommended by the council. [1973 c.748 §16; 1981 c.880 §17; 1987 c.381 §5; 2013 c.338 §8]

Source: Section 294.875 — Monthly report of investments of pool funds; distribution , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.076 — OR Code / Title 28 / Chapter 297 / Section 297.076
297.076 Audit plans
Status: in_force

(1) The Secretary of State shall, on a fiscal year basis, prepare an annual audit plan for performance audits, as defined in ORS 297.070 (Performance audits) , of state departments, boards, commissions, institutions and state-aided institutions and agencies. The audit plan must be based on a risk assessment methodology. The Secretary of State shall seek, in the audit plan, to prioritize audits recommended by the Joint Legislative Audit Committee.

(2) The Division of Audits shall provide a draft of the audit plan and the risk assessment methodology used to prepare the plan to the committee for review and comment no later than February 1 of the fiscal year preceding the fiscal year to which the audit plan applies. No later than 90 days after the close of each regular session of the Legislative Assembly, the Division of Audits shall prepare and provide to the committee an amended audit plan that reflects changes, if any, resulting from legislation.

(3) The Division of Audits shall publish the audit plan no later than 30 days prior to its implementation. After publication of the audit plan, the Division of Audits shall notify the committee of any substantive changes to the audit plan.

(4) If the committee recommends an audit not included in the published audit plan, the committee shall provide the Secretary of State with the subject of the audit and available relevant information regarding the subject.

(5) If the Secretary of State intends to conduct an audit not included in the published audit plan, the Secretary of State shall notify the committee prior to the initiation of the audit. Such notification must include any anticipated change to the published audit plan. If the Secretary of State determines that an additional audit, as well as all audits in the published audit plan, cannot be completed with available resources, the Legislative Assembly may provide funding to the Division of Audits for expenses incurred for the audit. If the Legislative Assembly does not provide such funding, the Secretary of State shall amend the audit plan. [2019 c.567 §8]

Note: 297.076 (Audit plans) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 297 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 297.076 — Audit plans , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.252 — OR Code / Title 28 / Chapter 291 / Section 291.252
291.252 Modification of allotment previously made
Status: in_force

(1) Upon application of or upon notice to the agency concerned, the Oregon Department of Administrative Services may at any time modify or amend any allotment previously made by the department.

(2) A modification or amendment of an allotment made under subsection (1) of this section may not reduce an allotment below the amount required to meet valid obligations or commitments previously incurred against the allotted funds, including, but not limited to, commitments for the payment of debt service as defined in ORS 291.261 (Reducing allotment to prevent deficit) .

(3) Intentionally left blank —Ed.

(a) An agency that applies for modification or amendment of an allotment as authorized by subsection (1) of this section shall submit a copy of the application to the Legislative Fiscal Office at the same time it submits the application to the department.

(b) If the department modifies or amends an allotment upon notice to an agency as authorized by subsection (1) of this section, the department shall notify the Legislative Fiscal Office of the modification or amendment at the same time it notifies the agency. [Amended by 2009 c.1 §1; 2009 c.885 §3]

Source: Section 291.252 — Modification of allotment previously made; notice to Legislative Fiscal Office , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.022 — OR Code / Title 28 / Chapter 292 / Section 292.022
292.022 Preparation of payroll
Status: in_force

(1) The chief administrative officer of the state agency using the procedure provided in ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) shall cause to be prepared payrolls in the form prescribed by the Oregon Department of Administrative Services.

(2) The payroll shall be certified as correct by the chief administrative officer of the state agency or by the officer designated pursuant to ORS 293.330 (Designation of officer by state agency to approve disbursements) to approve disbursements for the state agency.

(3) The payroll in a form acceptable to the department shall be transmitted to the department. [1955 c.495 §4; 1967 c.454 §80; 1969 c.378 §3; 1979 c.468 §32]

Source: Section 292.022 — Preparation of payroll , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 297.680 — OR Code / Title 28 / Chapter 297 / Section 297.680
297.680 Rules for establishing and maintaining roster
Status: in_force

The Oregon Board of Accountancy shall adopt by rule:

(1) Procedures and qualifications for admitting applicants to the roster of authorized accountants referred to in ORS 297.670 (Board of Accountancy to prepare and maintain roster) ;

(2) Procedures for reviewing the qualifications of accountants admitted to the roster for continuance on the roster;

(3) Fees payable upon application for admission to the roster; and

(4) Procedures for making the roster available to municipal corporations described in ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) (5) which are subject to the Municipal Audit Law. [Amended by 1959 c.238 §2; 1965 c.332 §3; 1987 c.455 §1; 1999 c.309 §1; 1999 c.322 §34]

Source: Section 297.680 — Rules for establishing and maintaining roster , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.630 — OR Code / Title 28 / Chapter 293 / Section 293.630
293.630 Date for closing accounts by persons who must make annual accounts
Status: in_force

All officers and persons required to render annual accounts to the Secretary of State or State Treasurer shall close these accounts on June 30 of each year. [Formerly 291.568]

Source: Section 293.630 — Date for closing accounts by persons who must make annual accounts , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.490 — OR Code / Title 28 / Chapter 293 / Section 293.490
293.490 Payment upon death of person entitled to money from state if estate not in probate
Status: in_force

(1) Except for property described under ORS 98.302 (Definitions for ORS 98.302 to 98.436) to 98.436 (Short title) , and as otherwise directed by law, upon the death of any person entitled to payment of money in the State Treasury or on deposit with a state agency or officer, if the estate is not to be administered in a court having probate jurisdiction, the State Treasurer or the state agency or officer authorized to disburse the funds may pay or cause to be paid the money due, as provided in subsection (3) of this section. Except as to payment of salary or wages due a deceased state officer or employee from the State of Oregon, no payment under this section shall be made in excess of $10,000.

(2) Notwithstanding the provisions of subsection (1) of this section, moneys on deposit with a state agency or officer representing unpaid wages collected on behalf of a person by the Bureau of Labor and Industries shall be payable pursuant to subsection (3) of this section.

(3) Payment authorized by subsection (1) of this section shall be made to the following groups of survivors of the decedent, their guardians or the conservators of their estates, in equal shares to all survivors in a group, and in the order listed, with no payment to survivors in any group if there is any survivor in any group preceding it as listed:

(a) Surviving spouse.

(b) The trustee of a revocable inter vivos trust created by the decedent, unless within six months after the decedent dies a will executed by the decedent requiring distribution of the amount to a different person is admitted to probate.

(c) In equal shares to the children of the decedent and to the issue of any deceased child by right of representation.

(d) Parents.

(e) Brothers and sisters.

(f) Nephews and nieces. [Formerly 291.526; 1965 c.401 §1; 1973 c.823 §125; 1979 c.763 §4; 1981 c.594 §2; 1989 c.171 §39; 1993 c.694 §33; 1995 c.290 §1; 2023 c.9 §17]

Source: Section 293.490 — Payment upon death of person entitled to money from state if estate not in probate , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.274 — OR Code / Title 28 / Chapter 291 / Section 291.274
291.274 Determination of funds and appropriations to be assessed
Status: in_force

The Oregon Department of Administrative Services shall determine and may at any time redetermine which state funds or appropriations shall be assessed a reasonable share of governmental service expenses. In determining or redetermining the funds that shall be so assessed:

(1) A fund consisting of moneys the use of which is restricted by the Oregon Constitution shall be assessed only those governmental service expenses ascertained as being necessarily incurred in connection with the purposes set forth in the Oregon Constitution.

(2) Trust funds shall be assessed only those governmental service expenses ascertained as being necessarily incurred in connection with the purposes for which the trust fund was established. [1967 c.637 §3]

Source: Section 291.274 — Determination of funds and appropriations to be assessed , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 297.425 — OR Code / Title 28 / Chapter 297 / Section 297.425
297.425 Annual audits required
Status: in_force

(1) Except as provided in ORS 297.435 (Exemption from audit) , the accounts and fiscal affairs of every municipal corporation shall be audited and reviewed at least once each fiscal year. The audits and reviews shall be made by accountants pursuant to contracts entered into by the governing body, or managing or executive officer, and accountants, or by the Secretary of State pursuant to a duly adopted ordinance or resolution. Upon request of the secretary, the governing body, or managing or executive officer, shall provide the secretary with a copy of the contract entered into or an ordinance or resolution adopted under this section.

(2) The compensation for audits and reviews performed by accountants shall be as agreed upon between the governing body, or managing or executive officer of the municipal corporation, and the accountant, and shall be paid in the same manner as other claims against the municipal corporation are paid.

(3) All expenses and costs incurred by the Secretary of State in conducting audits and reviews for municipal corporations shall be borne by the municipal corporation for which a particular audit or review is made. The expenses and costs shall be paid to the secretary in the same manner as other claims against the municipal corporation are paid.

(4) Audits and reviews required by this section shall be performed in accordance with standards promulgated by the American Institute of Certified Public Accountants and shall inquire into principles of accounting, methods of operations and compliance with regulations as identified by rule of the Secretary of State. [1977 c.774 §4; 1987 c.143 §5; 2001 c.26 §1; 2007 c.184 §1; 2015 c.29 §1; 2023 c.10 §4]

Source: Section 297.425 — Annual audits required; compensation; expenses; subjects of audits; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.015 — OR Code / Title 28 / Chapter 291 / Section 291.015
291.015 Fiscal responsibilities of department
Status: in_force

(1) The Oregon Department of Administrative Services, under the direction of the Governor and as provided by law, is responsible generally for the administration and coordination of internal accounting and other affairs, controls, procedures and services of a fiscal nature of the state government and agencies thereof.

(2) Except as otherwise provided by law, the department may authorize subject to its control the decentralized performance by state agencies of fiscal functions of the department. [1967 c.419 §10]

Source: Section 291.015 — Fiscal responsibilities of department; delegation of fiscal functions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 297.250 — OR Code / Title 28 / Chapter 297 / Section 297.250
297.250 Filing of risk assessment or audit by state agency with Division of Audits
Status: in_force

(1) An agency of the executive department that completes a risk assessment or internal audit under ORS 184.360 (Internal audits in state government) , or that prepares an independent audit under ORS 352.124 (Collective bargaining) or 353.160 (Audits) , shall file the completed risk assessment or internal audit with the Division of Audits of the Office of the Secretary of State.

(2) Nothing in this section affects the constitutional duties and authority of the Secretary of State to audit public accounts. [2009 c.578 §2; 2013 c.768 §50]

Source: Section 297.250 — Filing of risk assessment or audit by state agency with Division of Audits , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.262 — OR Code / Title 28 / Chapter 293 / Section 293.262
293.262 Requiring information regarding accounts
Status: in_force

(1) The Secretary of State may require any person to answer orally or in writing, under oath or affirmation, as to any facts relating to an account, presented to the Secretary of State for settlement, of a person who has received any moneys or property belonging to the state.

(2) At the request of any person interested in, and dissatisfied with the decision of the Secretary of State on an account presented to the Secretary of State for settlement, of a person who has received any moneys or property belonging to the state, the Secretary of State shall refer the account, the decision of the Secretary of State thereon and the reason for the decision to the Legislative Assembly at a session thereof. [1967 c.454 §§3,4; 1971 c.604 §6]

Source: Section 293.262 — Requiring information regarding accounts; reference to legislature , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.144 — OR Code / Title 28 / Chapter 293 / Section 293.144
293.144 Oregon Rainy Day Fund
Status: in_force

(1) The Oregon Rainy Day Fund is established as an account in the General Fund.

(2) The Legislative Assembly may appropriate moneys from the Oregon Rainy Day Fund only if the appropriation is approved by three-fifths of the members serving in each house of the Legislative Assembly and the Legislative Assembly finds one of the following:

(a) That the last quarterly economic and revenue forecast for a biennium indicates that moneys available to the General Fund for the next biennium will be at least three percent less than appropriations from the General Fund for the current biennium;

(b) That there has been a decline for two or more consecutive quarters in the last 12 months in seasonally adjusted nonfarm payroll employment; or

(c) That a quarterly economic and revenue forecast projects that revenues in the General Fund in the current biennium will be at least two percent below what the revenues were projected to be in the revenue forecast on which the legislatively adopted budget for the current biennium was based.

(3) Once each month, the Oregon Department of Administrative Services shall calculate the amount of General Fund interest that is attributable to moneys in the Oregon Rainy Day Fund. Except as otherwise provided in ORS 293.148 (Cap on amount) , the department shall transfer the amount calculated under this subsection to the Oregon Rainy Day Fund.

(4) The Legislative Assembly may not appropriate for any one biennium more than two-thirds of the amount that is in the Oregon Rainy Day Fund at the beginning of that biennium. If the appropriation is for a biennium that has not yet begun, the Legislative Assembly may use as the base the most recent estimate of the amount that will be in the Oregon Rainy Day Fund at the beginning of the biennium for which the appropriation is made.

(5) As used in this section, “legislatively adopted budget” has the meaning given that term in ORS 291.002 (Definitions) . [2007 c.5 §1]

Note: 293.144 (Oregon Rainy Day Fund) to 293.148 (Cap on amount) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.144 — Oregon Rainy Day Fund; use; interest , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.721 — OR Code / Title 28 / Chapter 293 / Section 293.721
293.721 General objective of investments
Status: in_force

Moneys in the investment funds shall be invested and reinvested to achieve the investment objective of the investment funds, which is to make the moneys as productive as possible, subject to the standard set forth in ORS 293.726 (Standard of judgment and care in investments) . [1967 c.335 §6]

Source: Section 293.721 — General objective of investments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.705 — OR Code / Title 28 / Chapter 294 / Section 294.705
294.705 Tax supervising and conservation commission fund
Status: in_force

There is established the tax supervising and conservation commission fund in the county treasury. The fund shall consist of any penalties recovered under ORS 294.700 (Proceedings to collect penalties) .

Source: Section 294.705 — Tax supervising and conservation commission fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.217 — OR Code / Title 28 / Chapter 291 / Section 291.217
291.217 Outcomes-based budget
Status: in_force

(1) As used in this section:

(a) “Continuous improvement” means a set of actions designed to permanently improve state agency performance, either in a specific targeted area or across all levels of an agency, through the use of structured process analysis and problem solving.

(b) “Outcomes-based budget” means a budget that allocates government resources to those uses of taxpayer moneys and fee revenues that will best produce the outcomes most important to the residents of this state, that generates options for funding, that uses service redesign, competition, collaboration and prioritization to drive continuous improvement and innovations, and that can be used to align government, nonprofit and private resources to help produce the desired outcomes.

(c) “Performance management” means a formal, comprehensive set of business processes, including strategic planning, performance measurement, leadership, process management and human resources that help ensure more efficient and effective management operations and practices and reduce costs.

(d) “Performance measurement” means a process of assessing progress toward achieving predetermined program objectives, including information on the efficiency with which resources are transformed into goods and services, the quality of those goods and services, the results of a program activity compared to its intended purpose and the effectiveness of state agency operations in terms of their specific contributions to program objectives.

(e) “State agency” means every state officer, board, commission, department, institution, branch or agency of the state government whose costs are paid wholly or in part from funds held in the State Treasury.

(f) “State government” has the meaning given that term in ORS 174.111 (“State government” defined) .

(2) As part of the Governor’s budget required under ORS 291.216 (Governor’s budget) , the Oregon Department of Administrative Services and the Governor shall submit an outcomes-based budget. The outcomes-based budget shall be based on the desired results of state agency continuous improvement actions, performance management and performance measurement, shall describe and measure state agency efforts to implement process improvements and shall reflect state agency efforts to achieve, through process improvements, quality service delivery at a lower cost.

(3) The budget for each state agency shall:

(a) Identify how the agency is addressing continuous improvement, performance management and performance measurement; and

(b) For each agency program, state the number of persons served, or other units of service provided, by the program.

(4) The Joint Committee on Ways and Means, the Emergency Board, the Joint Interim Committee on Ways and Means and the Legislative Fiscal Office may review performance management and performance measurement processes for services provided by contract by state agencies or by school districts. [2011 c.563 §§2 to 4; 2012 c.107 §8; 2016 c.117 §20]

Source: Section 291.217 — Outcomes-based budget; contents; legislative review of performance management and performance measurement processes for services provided by contract or by school districts , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.326 — OR Code / Title 28 / Chapter 293 / Section 293.326
293.326 When claim allowed against state as setoff
Status: in_force

In an action or suit brought in behalf of the state, a claim may not be allowed against the state as a setoff unless:

(1) The claim was presented to the Oregon Department of Administrative Services or the state agency that incurred the obligation or made the expenditure on which the claim is based, and approved or disapproved as provided by law; or

(2) It is proved to the satisfaction of the court that the defendant, at the time of trial, is in possession of evidence in support of the claim that the defendant could not present to the department or state agency because of absence from the state, sickness or unavoidable accident. [1967 c.454 §15]

Source: Section 293.326 — When claim allowed against state as setoff , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.060 — OR Code / Title 28 / Chapter 291 / Section 291.060
291.060 Report of fees to Legislative Assembly
Status: in_force

The Oregon Department of Administrative Services shall, no later than January 15 of each odd-numbered year, provide the Legislative Assembly with a report setting forth in detail all fees charged by each state agency, the purpose for the fee or charge, the persons affected by the fee or charge, the statutory authority for the fee or charge, the amounts collected in the past biennium, the amounts expected to be paid during the present biennium and estimated for the next biennium in the Governor’s budget, and any changes in the fee or charge authorized during the present biennium or proposed for the next biennium in the Governor’s budget. The department shall report to the Emergency Board and the appropriate interim committee when requested to provide information concerning the development of the report. [1995 c.576 §3; 2016 c.117 §8]

Note: See note under 291.050 (Definitions for ORS 291.050 to 291.060) .

Source: Section 291.060 — Report of fees to Legislative Assembly , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.332 — OR Code / Title 28 / Chapter 291 / Section 291.332
291.332 Meetings of board
Status: in_force

(1) The Emergency Board shall meet immediately upon adjournment sine die of each odd-numbered year regular session of the Legislative Assembly. The board shall meet thereafter at such times as it may determine, except that the activities of the board are suspended during the period beginning at the convening of a regular session of the Legislative Assembly and ending at the adjournment of that session.

(2) Intentionally left blank —Ed.

(a) The President of the Senate and the Speaker of the House of Representatives shall serve as cochairpersons of the board.

(b) The President of the Senate shall appoint members of the board from among members of the Senate. The Speaker of the House of Representatives shall appoint members from among members of the House of Representatives.

(3) The board may not transact business unless a quorum is present. A quorum consists of a majority of board members from the House of Representatives and a majority of board members from the Senate.

(4) Action by the board requires the affirmative vote of a majority of board members from the House of Representatives and a majority of board members from the Senate.

(5) The term of members of the board shall run from the adjournment of one odd-numbered year regular session to the convening of the next odd-numbered year regular session.

(6) If a vacancy occurs in the board, either the Speaker, if the legislator previously filling the position was a member of the House, or the President, if the legislator previously filling the position was a member of the Senate, shall fill the vacancy by an appointment for the unexpired term. [1953 c.386 §6; 2007 c.695 §2; 2011 c.545 §14; 2016 c.117 §31]

Source: Section 291.332 — Meetings of board; terms of members; filling vacancies on board , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.660 — OR Code / Title 28 / Chapter 294 / Section 294.660
294.660 Compiling information as to indebtedness
Status: in_force

The commission shall compile accurate statistical and other information as to bonded or other indebtedness within the county and of all municipal corporations within the county and shall keep a permanent record thereof. The commission shall issue a statement thereof as of June 30 of each year, in the annual report of the commission. The statement shall show also the interest charges for the ensuing year on account of such indebtedness and the amount of principal to be retired in that year.

Source: Section 294.660 — Compiling information as to indebtedness; including in annual report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.431 — OR Code / Title 28 / Chapter 294 / Section 294.431
294.431 Submission of budget document to tax supervising and conservation commission before date of public hearing
Status: in_force

(1) A municipal corporation that has a population not exceeding 200,000, is located in a county having a tax supervising and conservation commission, has not made an election under ORS 294.625 (Jurisdiction of commission) (2) and has not submitted its approved budget document to the tax supervising and conservation commission for a public hearing pursuant to ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) (3) shall submit its approved budget document to the tax supervising and conservation commission in the county at least 30 days before the date of the public hearing in accordance with ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) .

(2) A municipal corporation that has a population exceeding 200,000, or a municipal corporation that has a population not exceeding 200,000, has not made an election under ORS 294.625 (Jurisdiction of commission) (2) and requests the tax supervising and conservation commission to conduct the public hearing described in ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) , shall submit its approved budget document to the tax supervising and conservation commission in the county at least 20 days before the date of the public hearing in accordance with ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) .

(3) If the real market value of all property subject to taxation by a municipal corporation in a county having a tax supervising and conservation commission is greater than the real market value of all property subject to taxation by the municipal corporation in any other county, the municipal corporation shall submit its approved budget document to the tax supervising and conservation commission pursuant to subsection (1) or (2) of this section. As used in this subsection, “real market value” means the real market value computed according to ORS 308.207 (Computation of real market value for taxing or bonding limitations) from the assessment rolls last in the process of collection.

(4) Upon timely application in writing by a municipal corporation, a tax supervising and conservation commission may for good cause allow the municipal corporation to submit its approved budget document later than required under subsections (1) and (2) of this section. [Formerly 294.411]

Source: Section 294.431 — Submission of budget document to tax supervising and conservation commission before date of public hearing , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.330 — OR Code / Title 28 / Chapter 293 / Section 293.330
293.330 Designation of officer by state agency to approve disbursements
Status: in_force

All boards, commissions, officers and heads of departments of the state authorized to approve disbursements for indebtedness or expenses may designate the secretary, or some officer of each board or commission, or some representative or deputy of such officer or head of department who is under bond to the State of Oregon to approve those disbursements, provided that the indebtedness or expense has been theretofore authorized by such board, commission, officer or head of department. Such board, commission, officer or head of department shall file with the Oregon Department of Administrative Services a statement designating such secretary, officer, representative or deputy together with a sample of the designated person’s signature. [Formerly 291.472; 1967 c.454 §16]

Source: Section 293.330 — Designation of officer by state agency to approve disbursements , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.090 — OR Code / Title 28 / Chapter 294 / Section 294.090
294.090 County orders and vouchers to be numbered to correspond to warrants drawn
Status: in_force

The county clerk and clerk of the county court shall number all orders and vouchers with numbers to correspond with warrants drawn.

Source: Section 294.090 — County orders and vouchers to be numbered to correspond to warrants drawn , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.285 — OR Code / Title 28 / Chapter 291 / Section 291.285
291.285 Payment of accounting charges from Economic Development Fund
Status: in_force

Moneys in the Administrative Services Economic Development Fund are continuously appropriated for the payment of accounting charges of the Oregon Department of Administrative Services in order to maintain accountability of the fund. [1985 c.828 §16]

Note: 291.285 (Payment of accounting charges from Economic Development Fund) and 291.290 (Cash account of state agency for receipts from Economic Development Fund) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.285 — Payment of accounting charges from Economic Development Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.665 — OR Code / Title 28 / Chapter 294 / Section 294.665
294.665 Levying board to submit audit report or financial statements annually
Status: in_force

The levying board of each municipal corporation under the jurisdiction of the commission shall annually submit a copy of the full report of its independent auditor under ORS 297.425 (Annual audits required) , or a copy of the financial statements submitted to the Secretary of State under ORS 297.435 (Exemption from audit) , as soon as practicable after the close of each fiscal year. [Amended by 1999 c.632 §19]

Source: Section 294.665 — Levying board to submit audit report or financial statements annually , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.205 — OR Code / Title 28 / Chapter 293 / Section 293.205
293.205 Definitions for ORS 293.205 to 293.225
Status: in_force

As used in ORS 293.205 (Definitions for ORS 293.205 to 293.225) to 293.225 (Construction of ORS 293.205 to 293.220) :

(1) “Borrowing fund” means the fund to which money is initially transferred under ORS 293.210 (Transfer and retransfer of money and credit among state funds) .

(2) “Lending fund” means the fund from which money is initially transferred under ORS 293.210 (Transfer and retransfer of money and credit among state funds) . [Formerly 291.402]

Source: Section 293.205 — Definitions for ORS 293.205 to 293.225 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.045 — OR Code / Title 28 / Chapter 292 / Section 292.045
292.045 Annual charitable fund drive program
Status: in_force

(1) As used in this section, “annual charitable fund drive program” means the single, annual, consolidated effort conducted by the charitable fund drive committee appointed under subsection (2) of this section to secure funds from state officers or employees for distribution to organizations engaged in charitable, public health, public welfare or service or similar purposes that directly benefit individuals in this state.

(2) Intentionally left blank —Ed.

(a) The Director of the Oregon Department of Administrative Services shall appoint seven members to a charitable fund drive committee. Each member must be an officer or employee of the State of Oregon. The term of office of a member is two years. A member may be reappointed to one additional term.

(b) The committee shall set policies for and implement an annual charitable fund drive program in the manner described by the Oregon Department of Administrative Services by rule.

(c) With the written approval of the director, the committee may enter into a contract with a charitable fund drive management organization to administer the annual charitable fund drive program. The contract shall include the maximum amount, or percentage rate of contributions, that may be retained by the charitable fund drive management organization as administrative costs, as specified in rules adopted pursuant to subsection (7) of this section.

(3) A state official authorized to disburse funds in payment of salaries or wages of state officers or employees is authorized, upon written request of the officer or employee, to deduct each month from the salary or wages of that officer or employee the amount of money designated by the officer or employee for payment, in the manner designated by the officer or employee, to the annual charitable fund drive program, to a charitable fund drive management organization or directly to an organization that participates in the annual charitable fund drive program.

(4) The state official authorized to disburse funds in payment of salaries or wages shall promptly pay the moneys deducted under this section to the annual charitable fund drive program, to a charitable fund drive management organization or directly to an organization that participates in the annual charitable fund drive program.

(5) Subject to rules adopted by the department, the state official authorized to disburse funds in payment of salaries or wages may prescribe any procedures necessary to carry out this section.

(6) The department shall disclose on its website and in any promotional materials for the annual charitable fund drive program the maximum amount, or percentage rate of contributions, that may be retained as administrative costs by any charitable fund drive management organization that has entered into a contract with the department under subsection (2)(c) of this section.

(7) The department shall adopt rules:

(a) Setting a maximum amount, or percentage rate of contributions, that may be retained as administrative costs by a charitable fund drive management organization under a contract entered into under subsection (2)(c) of this section; and

(b) Listing the specific expenses that may qualify as administrative costs.

(8) In addition to rules adopted under subsection (7) of this section, the department may adopt rules necessary to implement this section. [1955 c.255 §1; 2011 c.497 §1]

Source: Section 292.045 — Annual charitable fund drive program; charitable fund drive committee; members; powers; deduction for payment to charitable fund drive program; disclosure of administrative costs; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.790 — OR Code / Title 28 / Chapter 293 / Section 293.790
293.790 Holding, investing and disposing of corporate stock
Status: in_force

(1) Under authority of Article XI, section 6, of the Oregon Constitution, the state, subject to subsection (2) of this section, may hold and dispose of the stock of any company, association or corporation, including stock already received, that is donated or bequeathed, and the state, acting on behalf of the governing board of a public university listed in ORS 352.002 (Public universities) , subject to subsection (2) of this section, may invest and reinvest in the stock of any company, association or corporation, any funds or moneys of the public university held in the Public University Fund established under ORS 352.450 (Public University Fund) that is permitted to be held, disposed or invested under Article XI, section 6, of the Oregon Constitution.

(2) The state, including any of its agencies having control of, or authority to invest and reinvest in, any stock described in subsection (1) of this section, in holding, disposing of or investing and reinvesting in such stock, shall be governed by ORS 130.750 (Trustee’s duty to comply with prudent investor rule) to 130.775 (Trust language authorizing investments permitted under prudent investor rule) , notwithstanding the date of acquisition of such stock. Moneys received from the disposition of such stock, including dividends, shall be maintained separate and distinct from the General Fund, and those moneys, including interest earned thereon, are appropriated continuously for the purposes of the donation or bequest and of the investments and reinvestments. Except as specifically authorized by law, the state or any of its agencies may not purchase stock.

(3) This section does not apply to investment and reinvestment of moneys in the Public Employees Retirement Fund, the Industrial Accident Fund, the Deferred Compensation Fund and the Education Stability Fund or to acquisition, retention, management and disposition of investments of those funds as provided in ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) . [Formerly 291.630; 1967 c.335 §32; 1971 c.339 §1; 1989 c.966 §21; 1995 c.12 §4; 1995 c.157 §25; 1997 c.179 §24; 2001 c.835 §13; 2002 s.s.3 c.6 §12; 2005 c.348 §122; 2015 c.767 §12]

Source: Section 293.790 — Holding, investing and disposing of corporate stock , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 297.020 — OR Code / Title 28 / Chapter 297 / Section 297.020
297.020 Functions and duties of Division of Audits
Status: in_force

(1) The Division of Audits shall have the function and duty of carrying out the provisions of ORS 297.070 (Performance audits) , 297.210 (Audits of accounts of state agencies and state-aided institutions and agencies) , 297.230 (Estimate and payment of costs and expenses of audits) , 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) , 297.990 (Penalties) and this section.

(2) All moneys received under authority of the sections listed in subsection (1) of this section and moneys appropriated for use by the Secretary of State in carrying out the provisions of those sections hereby are made available for use by the Division of Audits. [Amended by 1977 c.774 §19; 1979 c.286 §6; 2019 c.567 §3]

Source: Section 297.020 — Functions and duties of Division of Audits; moneys available for use by division , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.343 — OR Code / Title 28 / Chapter 294 / Section 294.343
294.343 Internal service funds
Status: in_force

(1) A municipal corporation may establish by ordinance or resolution one or more internal service funds. The ordinance or resolution creating the fund shall set forth in detail the following:

(a) The appropriation or appropriations to be charged in order to provide the initial money for financing the fund;

(b) The object or purpose of the fund;

(c) The methods for controlling of expenditures and encumbering of such funds; and

(d) The sources from which the fund shall be replenished.

(2) No person shall expend or encumber or authorize expenditure or encumbrance from funds created in accordance with subsection (1) of this section in excess of the balance of that fund, or for a purpose for which there is no appropriation or source of reimbursement authorized at that time.

(3) The anticipated expenditure for the ensuing year or ensuing budget period from an internal service fund created in accordance with subsection (1) of this section shall be budgeted as any other fund in accordance with ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) , appropriations shall be made for each internal service fund in accordance with ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) and expenditures from the internal service fund shall be regulated thereby.

(4) Notwithstanding the limitations in ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) applicable to increasing the appropriations of funds during the current year or current budget period, the governing body may increase appropriations of the internal service funds by ordinance or resolution.

(5) The charges for services shall be computed to cover all costs for such services and the charges shall be periodically revised to eliminate any element of profit or loss. [Formerly 294.470]

Source: Section 294.343 — Internal service funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.761 — OR Code / Title 28 / Chapter 293 / Section 293.761
293.761 Duty of investment officer to provide information for financial reporting
Status: in_force

(1) The investment officer shall follow generally accepted accounting practices and provide to the officer or body having control and administration of any investment funds any information necessary for financial reporting required by law.

(2) The investment officer shall separately identify investments held in the Oregon Growth Account established in ORS 348.702 (Oregon Growth Account) as part of the information provided under this section on the Education Stability Fund. [1967 c.335 §14; 1993 c.210 §21; 1999 c.42 §2; 1999 c.274 §19; 2001 c.835 §11; 2001 c.922 §§16a,16b; 2002 s.s.3 c.6 §§10,11; 2005 c.748 §§17,18; 2009 c.805 §5; 2009 c.821 §21; 2012 c.90 §§24,33; 2013 c.732 §9]

Source: Section 293.761 — Duty of investment officer to provide information for financial reporting , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.723 — OR Code / Title 28 / Chapter 293 / Section 293.723
293.723 Discrete investment of moneys
Status: in_force

(1) Moneys in a fund established by law may not be discretely invested unless the law establishing the fund specifically indicates that the moneys may be invested. A provision in a law establishing a fund that requires interest earned by the fund to be retained by the fund is not, by itself, a specific indication that the moneys in the fund may be discretely invested.

(2) As used in this section, “discretely invested” means invested in something other than the Oregon Short Term Fund established under ORS 293.728 (Oregon Short Term Fund) . [2007 c.217 §2; 2009 c.541 §13; 2009 c.821 §20]

Note: 293.723 (Discrete investment of moneys) was added to and made a part of 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.723 — Discrete investment of moneys , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.055 — OR Code / Title 28 / Chapter 291 / Section 291.055
291.055 State agency fee approval
Status: in_force

(1) Notwithstanding any other law that grants to a state agency the authority to establish fees, all new state agency fees or fee increases adopted during the period beginning on the date of adjournment sine die of a regular session of the Legislative Assembly and ending on the date of adjournment sine die of the next regular session of the Legislative Assembly:

(a) Are not effective for agencies in the executive department of government unless approved in writing by the Director of the Oregon Department of Administrative Services;

(b) Are not effective for agencies in the judicial department of government unless approved in writing by the Chief Justice of the Supreme Court;

(c) Are not effective for agencies in the legislative department of government unless approved in writing by the President of the Senate and the Speaker of the House of Representatives;

(d) Shall be reported by the state agency to the Oregon Department of Administrative Services within 10 days of their adoption; and

(e) Are rescinded on adjournment sine die of the next regular session of the Legislative Assembly as described in this subsection, unless otherwise authorized by enabling legislation setting forth the approved fees.

(2) This section does not apply to:

(a) Any tuition or fees charged by a public university listed in ORS 352.002 (Public universities) .

(b) Taxes or other payments made or collected from employers for unemployment insurance required by ORS chapter 657 or premium assessments required by ORS 656.612 (Assessments for department activities) and 656.614 (Self-Insured Employer Adjustment Reserve) or contributions and assessments calculated by cents per hour for workers’ compensation coverage required by ORS 656.506 (Assessments for programs) .

(c) Fees or payments required for:

(A) Health care services provided by the Oregon Health and Science University, by the Oregon Veterans’ Homes pursuant to ORS 408.362 (Definitions) and 408.365 (Use of state moneys for operation of Oregon Veterans’ Homes) to 408.385 (Roseburg Oregon Veterans’ Home) and by other state agencies and institutions pursuant to ORS 179.610 (Definitions for ORS 179.610 to 179.770) to 179.770 (Rules) .

(B) Copayments and premiums paid to the Oregon medical assistance program.

(C) Assessments paid to the Department of Consumer and Business Services under sections 3 and 5, chapter 538, Oregon Laws 2017.

(d) Fees created or authorized by statute that have no established rate or amount but are calculated for each separate instance for each fee payer and are based on actual cost of services provided.

(e) State agency charges on employees for benefits and services.

(f) Any intergovernmental charges.

(g) Forest protection district assessment rates established by ORS 477.210 (Duty of owner to protect forestland) to 477.265 (Board to deal with budgets annually) and the Oregon Forest Land Protection Fund fees established by ORS 477.760 (Reserve base of fund fixed) .

(h) State Department of Energy assessments required by ORS 456.595 (Petroleum supplier assessment) and 469.421 (Fees) (8).

(i) Assessments on premiums charged by the Director of the Department of Consumer and Business Services pursuant to ORS 731.804 (Assessments) or fees charged by the director to banks, trusts and credit unions pursuant to ORS 706.530 (Annual fees paid by banking institutions and non-Oregon institutions) and 723.114 (Annual fees paid by credit unions) .

(j) Public Utility Commission operating assessments required by ORS 756.310 (Annual fees payable by utilities and telecommunications providers) or charges paid to the Residential Service Protection Fund required by chapter 290, Oregon Laws 1987.

(k) Fees charged by the Housing and Community Services Department for intellectual property pursuant to ORS 456.562 (Department intellectual property) .

(L) New or increased fees that are anticipated in the legislative budgeting process for an agency, revenues from which are included, explicitly or implicitly, in the legislatively adopted budget or the legislatively approved budget for the agency.

(m) Tolls approved by the Oregon Transportation Commission pursuant to ORS 383.004 (Establishment of tolls) .

(n) Portal provider fees as defined in ORS 276A.270 (Definitions) and established by the State Chief Information Officer under ORS 276A.276 (Ability to offer government services through portal) (3) and recommended by the Electronic Government Portal Advisory Board.

(o) Fees set by the State Parks and Recreation Director and approved by the State Parks and Recreation Commission under ORS 390.124 (Commission rulemaking authority) (2)(b).

(3) Intentionally left blank —Ed.

(a) Fees temporarily decreased for competitive or promotional reasons or because of unexpected and temporary revenue surpluses may be increased to not more than their prior level without compliance with subsection (1) of this section if, at the time the fee is decreased, the state agency specifies the following:

(A) The reason for the fee decrease; and

(B) The conditions under which the fee will be increased to not more than its prior level.

(b) Fees that are decreased for reasons other than those described in paragraph (a) of this subsection may not be subsequently increased except as allowed by ORS 291.050 (Definitions for ORS 291.050 to 291.060) to 291.060 (Report of fees to Legislative Assembly) and 294.160 (Opportunity for public comment on new fee or fee increase) . [1995 c.576 §2; 1997 c.37 §1; 1997 c.684 §3; 2003 c.605 §3; 2005 c.727 §§14,15; 2005 c.744 §§24d,24e; 2005 c.777 §16; 2007 c.531 §§14,15; 2007 c.827 §§2,3; 2009 c.829 §4; 2009 c.867 §40; 2011 c.637 §98; 2011 c.688 §1; 2013 c.492 §30; 2013 c.698 §§9,36; 2013 c.768 §127; 2015 c.70 §§19,20; 2015 c.807 §§44a,44b; 2017 c.17 §§23,24; 2017 c.385 §§2,3; 2017 c.444 §§4,5; 2017 c.538 §§15,16; 2019 c.224 §6]

Note: See note under 291.050 (Definitions for ORS 291.050 to 291.060) .

Source: Section 291.055 — State agency fee approval; exemptions; restoration of temporarily reduced fees , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.081 — OR Code / Title 28 / Chapter 295 / Section 295.081
295.081 Time deposits
Status: in_force

(1) Subject to ORS 295.002 (Deposit of public funds) , 295.015 (Maintenance of securities by qualified depository) and 295.018 (Increase in required collateral of qualified depository) , a depository may offer in writing to accept from the State Treasurer time deposits in an unlimited amount or in an aggregate amount stated in the offer and to pay interest on the time deposits at rates specified in the offer. The offer shall continue until the depository delivers or mails, by registered or certified mail, notice to the State Treasurer that modifies or withdraws the offer. While the offer continues in effect, the depository must accept in accordance with the terms of the offer time deposits tendered by the State Treasurer.

(2) Funds the State Treasurer deposits on a time basis must be deposited at the highest rate of interest available for the amount and term of the deposit.

(3) The State Treasurer shall establish time deposits so as to make the deposited moneys as productive as possible, and shall exercise the judgment and care that a person of prudence, discretion and intelligence exercises in the management of the person’s own affairs, considering the probable income and the probable safety of the moneys deposited and considering the distribution of the deposits among depositories so as to minimize the possibility of loss of moneys. [Formerly 295.115; 2010 c.101 §21]

Source: Section 295.081 — Time deposits , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.070 — OR Code / Title 28 / Chapter 294 / Section 294.070
294.070 Expenditure of Taylor Grazing Act funds
Status: in_force

(1) Except for moneys required to be expended through the county general fund as required by subsection (5) of this section, all moneys paid to a county under ORS 293.575 (Distribution of funds received under the Taylor Grazing Act) shall be deposited with the county treasurer and credited to a special fund designated the Range Improvement Fund of Grazing District No. _____. The county treasurer as ex officio district treasurer shall disburse the moneys in the Range Improvement Fund only upon the written order of the grazing advisory board.

(2) Except as provided in subsection (4) of this section, money from grazing fees of grazing districts shall be expended within such district as the grazing advisory board may direct and shall be expended only for range improvements, such as fences, reservoirs, wells, water development, maintenance and other range improvements approved by the grazing advisory board.

(3) Pending approval by the grazing advisory board of the expenditure of such money, all or any part of it may be invested in United States Government securities. In such case the securities shall be held by the county treasurer in lieu of such money so invested and subject to liquidation and expenditure when recommended by the grazing advisory board.

(4) In counties receiving funds from grazing districts containing Indian lands ceded to the United States for disposition under public land laws, funds therefrom shall be expended only for the benefit of public schools and public roads of such county.

(5) In counties in which there are leased lands but no grazing district, such funds shall be expended by the county court through the county general fund.

(6) As used in this section, “grazing advisory board” means a board appointed by the governing body of any county receiving funds under ORS 293.575 (Distribution of funds received under the Taylor Grazing Act) and authorized to expend those funds as provided in this section. [Formerly 606.230; 1969 c.255 §1; 1977 c.115 §1; 1981 c.42 §1; 1991 c.67 §73]

Source: Section 294.070 — Expenditure of Taylor Grazing Act funds; advisory board , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.042 — OR Code / Title 28 / Chapter 291 / Section 291.042
291.042 Copyright, patent or other use of state data processing programs, information or materials
Status: in_force

(1) Except as provided in subsection (2) of this section, the State Chief Information Officer:

(a) May hold copyrights and obtain patents on copyrightable or patentable data processing programs, information or materials that a state agency develops, publishes or produces.

(b) May cause to have sold, leased or otherwise made available the data processing programs, information or materials to any agency, judicial body or legislative body of any unit of local government, any state or the federal government under terms and conditions to which the state agency that developed, published or produced the data processing programs, information or materials agrees.

(2) The Secretary of State, the State Treasurer, the judicial department as defined in ORS 174.113 (“Judicial department” defined) and the legislative department as defined in ORS 174.114 (“Legislative department” defined) :

(a) May hold copyrights and obtain patents on copyrightable or patentable data processing programs, information or materials that the Secretary of State, State Treasurer, judicial department or legislative department develops, publishes or produces.

(b) May cause to have sold, leased or otherwise made available the data processing programs, information or materials to any agency, judicial body or legislative body of any unit of local government, any state or the federal government under terms and conditions to which the Secretary of State, State Treasurer, judicial department or legislative department agrees.

(3) Except as provided in this subsection, moneys that a state agency collected under subsection (1) of this section, less expenses that the state agency incurred in developing, producing and distributing software and in training software users, must be deposited in the General Fund and are available for general governmental purposes. If the resources that a state agency expended for the activities described in subsection (1) of this section came from fees or assessments that the state agency charged and collected, the state agency shall deposit the net proceeds of moneys collected under subsection (1) of this section into the same accounts into which the state agency deposits the fees or assessments. The state agency shall use the moneys to reduce the fees or assessments the state agency charges to the extent permitted by law.

(4) Except as provided in this subsection, moneys that the Secretary of State, State Treasurer, judicial department or legislative department collected under subsection (2) of this section, less expenses that the Secretary of State, State Treasurer, judicial department or legislative department incurred in developing, producing and distributing software and in training software users, must be deposited in the General Fund and are available for general governmental purposes. If the resources that the Secretary of State, State Treasurer, judicial department or legislative department expended for the activities described in subsection (2) of this section came from fees or assessments that the secretary, treasurer, judicial department or legislative department charged and collected, the secretary, treasurer, judicial department or legislative department shall deposit the net proceeds of moneys collected under subsection (2) of this section into the same accounts into which the secretary, treasurer, judicial department or legislative department deposits the fees or assessments. The Secretary of State, State Treasurer, judicial department or legislative department shall use the moneys to reduce the fees or assessments the secretary, treasurer, judicial department or legislative department charges to the extent permitted by law.

(5) As used in this section:

(a) “Data processing programs” means software programs and other automated means for processing data.

(b) “State agency” has the meaning given that term in ORS 291.002 (Definitions) . [1979 c.740 §3; 1993 c.18 §56; 1995 c.452 §22; 2013 c.481 §1; 2015 c.807 §43]

Note: See note under 291.040 (State financial report) .

Source: Section 291.042 — Copyright, patent or other use of state data processing programs, information or materials; disposition of moneys collected , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.057 — OR Code / Title 28 / Chapter 292 / Section 292.057
292.057 Deduction for payment to Oregon Veterans’ Home Account
Status: in_force

Any state official authorized to disburse funds in payment of salaries or wages of state officers or employees is authorized, upon written request of the officer or employee, to deduct each month from the salary or wages of the officer or employee the amount of money designated by the officer or employee for payment to the Oregon Veterans’ Home Account created under ORS 408.368 (Oregon Veterans’ Home Account) . The moneys deducted from the salaries or wages shall be paid over promptly to the Oregon Veterans’ Home Account to be used solely for the purposes set forth in ORS 408.368 (Oregon Veterans’ Home Account) (1). Subject to any rules adopted by the Oregon Department of Administrative Services, the state official authorized to disburse funds in payment of salaries or wages may prescribe any procedures necessary to carry out this section. [2007 c.208 §1]

Note: 292.057 (Deduction for payment to Oregon Veterans’ Home Account) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 292 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 292.057 — Deduction for payment to Oregon Veterans’ Home Account; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.195 — OR Code / Title 28 / Chapter 293 / Section 293.195
293.195 Retention of appropriation balances
Status: in_force

(1) Any difference between the amount appropriated from the General Fund for a biennium to the judicial department as defined in ORS 174.113 (“Judicial department” defined) , including amounts appropriated to any agency of the judicial department, and the amount of the appropriation actually expended on or before the end of the biennium, is appropriated to the judicial department, out of the General Fund, for payment of expenses of the judicial department for the next biennium.

(2) Any difference between the amount appropriated from the General Fund for a biennium to the legislative department as defined in ORS 174.114 (“Legislative department” defined) , including amounts appropriated to any agency of the legislative department, and the amount of the appropriation actually expended on or before the end of the biennium, is appropriated to the legislative department, out of the General Fund, for payment of expenses of the legislative department for the next biennium.

(3) The appropriations made by subsections (1) and (2) of this section are subject to adjustment by the Legislative Assembly. The Legislative Assembly shall reflect the appropriations, including any adjustments thereto, in an appropriation measure during each biennium. [2012 c.107 §56; 2020 s.s.2 c.10 §20]

Note: 293.195 (Retention of appropriation balances) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.195 — Retention of appropriation balances , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.458 — OR Code / Title 28 / Chapter 294 / Section 294.458
294.458 Filing copy of budget and certain documents with county assessor and Department of Revenue
Status: in_force

(1) On or before July 15 of each year, or upon such other date as the Department of Revenue shall designate, each civil subdivision in the state that does not levy an ad valorem property tax, that is subject to the Local Budget Law and that prepares an annual budget shall file with the Department of Revenue a copy of the resolution adopting the budget and of the resolution making appropriations.

(2) On or before July 15 of the first fiscal year of the budget period, or upon such other date as the Department of Revenue designates, each civil subdivision in the state that does not levy an ad valorem property tax, that is subject to the Local Budget Law and that prepares a biennial budget shall file with the Department of Revenue a copy of the resolution adopting the budget and of the resolution making appropriations.

(3) Each municipal corporation subject to the Local Budget Law that certifies an ad valorem property tax shall file with the county assessor as provided in ORS 310.060 (Notice certifying taxes) :

(a) Two copies each of the notice required under ORS 310.060 (Notice certifying taxes) and the categorization certification.

(b) Two copies of a statement confirming the ad valorem property taxes approved by the budget committee.

(c) Two copies each of the ordinances or resolutions to adopt the budget, to make the appropriations, to itemize and categorize the taxes and to certify the taxes.

(4) As soon as the county assessor receives the documents listed in subsection (3) of this section, the county assessor shall forward one copy of each document to the Department of Revenue.

(5) Intentionally left blank —Ed.

(a) Not later than September 30 of each year, a municipal corporation that certifies a tax on property under ORS 310.060 (Notice certifying taxes) shall provide a complete copy of the budget document of the municipal corporation to the clerk of the county in which the principal office of the taxing district is located and, if the taxing district is located in more than one county, to the clerk of each county in which any part of the taxing district is located.

(b) Notwithstanding paragraph (a) of this subsection, a municipal corporation located in a county in which there is no county clerk shall submit the budget document to the county assessor in the county.

(c) Notwithstanding paragraphs (a) and (b) of this subsection, a municipal corporation that is subject to the jurisdiction of a tax supervising and conservation commission under ORS 294.625 (Jurisdiction of commission) shall submit a copy of the budget document to the commission.

(6) Intentionally left blank —Ed.

(a) Each civil subdivision and municipal corporation that is subject to the Local Budget Law shall retain a true copy of its budget:

(A) If an annual budget is prepared, for two years following the end of the fiscal year; or

(B) If a biennial budget is prepared, for two budget periods following the end of the budget period for which the biennial budget was prepared.

(b) During the period of retention, the civil subdivision or municipal corporation shall send a copy of the budget to the county assessor, the Department of Revenue or the Division of Audits upon request. [Formerly 294.555]

Source: Section 294.458 — Filing copy of budget and certain documents with county assessor and Department of Revenue; records , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.024 — OR Code / Title 28 / Chapter 292 / Section 292.024
292.024 Warrant for aggregate amount allowed plus assessments
Status: in_force

(1) The Oregon Department of Administrative Services shall, as it determines and may at any time redetermine, either draw a warrant for or transfer the aggregate amount allowed of a payroll transmitted under ORS 292.022 (Preparation of payroll) plus additional amounts specified in subsection (2) of this section. The aggregate amounts allowed shall be deposited with the State Treasurer, to be held in a special account to be designated as the Joint Payroll Account.

(2) In addition to the aggregate amount allowed of a payroll in subsection (1) of this section, the department may assess a fee equal to the State Treasury short term investment pool interest rate against any portion of any payroll reimbursement the source of funds of which is other than from a General Fund appropriation, and which is transmitted to the department 45 or more days after the issue date of the payroll. All moneys received by the department under the provisions of this subsection shall be deposited in the State Treasury to the credit of the General Fund. [1955 c.495 §5; 1961 c.108 §10; 1967 c.454 §81; 1969 c.378 §4; 1991 c.611 §1]

Source: Section 292.024 — Warrant for aggregate amount allowed plus assessments; limits , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.714 — OR Code / Title 28 / Chapter 293 / Section 293.714
293.714 Council meetings
Status: in_force

(1) Notwithstanding ORS 192.650 (Recording or written minutes required) (1) and (2), full sound recordings shall be made of every meeting of the Oregon Investment Council. The full sound recordings shall be produced on equipment selected by the Oregon Investment Council for compatibility with equipment for reproduction by the State Archives.

(2) The council shall maintain a written log of each sound recording that gives a true reflection of the matters discussed at the meeting and where those matters are found on the sound recording.

(3) Notwithstanding ORS 192.650 (Recording or written minutes required) (1), the council shall make the full sound recording and written log of each sound recording of each meeting available to the public prior to the next regularly scheduled meeting of the council. [2005 c.180 §5]

Note: 293.714 (Council meetings) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.714 — Council meetings; recordings; logs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.510 — OR Code / Title 28 / Chapter 293 / Section 293.510
293.510 Presentment of claims to Secretary of State not required
Status: in_force

Notwithstanding any other provision of law, the presentment of claims for payment from any moneys in the State Treasury to the Secretary of State as Auditor of Public Accounts and the audit, allowance or other approval of those claims by the Secretary of State as Auditor of Public Accounts before the drawing of warrants in payment of those claims or otherwise before payment of those claims is not required by statute. Any reference to the audit, allowance or other approval by the Secretary of State of those claims before payment in any general or specific statute is intended to be and shall be considered a reference to the performance of constitutional functions of the Secretary of State as Auditor of Public Accounts, and is not intended to be and shall not be considered a statutory requirement that those functions be performed before payment of those claims. [1967 c.454 §30]

Source: Section 293.510 — Presentment of claims to Secretary of State not required , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 295.008 — OR Code / Title 28 / Chapter 295 / Section 295.008
295.008 Qualified depositories
Status: in_force

(1) A depository is qualified to hold public funds if the depository:

(a) Certifies in writing to the State Treasurer that the depository will furnish the reports required under ORS 714.075 (Reports of deposits held at branches) to the Director of the Department of Consumer and Business Services by the time specified by the director and furnish any other information the director considers necessary to determine whether to advise the State Treasurer to order a depository to increase its collateral under ORS 295.018 (Increase in required collateral of qualified depository) ;

(b) Enters into a collateral agreement and, if the depository pledges securities as collateral, a separate pledge agreement that may be drawn upon by the State Treasurer in the event of a loss; and

(c) Files with the State Treasurer an initial written report, signed by an officer of the depository, setting forth, as of the date the depository intends to commence acting as a qualified depository:

(A) The estimated total amount of public funds that will be on deposit with the depository;

(B) The estimated net worth of the depository;

(C) The amount and nature of the collateral that the depository will provide to secure the public funds deposits; and

(D) Other information requested by the State Treasurer to administer this chapter.

(2) A qualified depository using collateral that consists of items that are not securities shall provide such evidence as the State Treasurer may require to demonstrate that the collateral is available in the event of a loss for disposition as provided in this chapter.

(3) A depository that merges with, acquires all the assets of, acquires ownership of or otherwise becomes a successor entity to a qualified depository that has entered into a collateral agreement must execute a new collateral agreement or provide evidence satisfactory to the State Treasurer that the successor depository has assumed all of the qualified depository’s duties and obligations under the existing collateral agreement. A depository that fails to enter into a collateral agreement or provide evidence that the depository has assumed the existing collateral agreement within the time specified by the State Treasurer shall not be qualified to hold uninsured deposits of public funds. [2005 c.112 §3; 2007 c.871 §16; 2009 c.821 §4; 2010 c.101 §5; 2019 c.587 §5]

Source: Section 295.008 — Qualified depositories , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).