ORS § 291.373 — OR Code / Title 28 / Chapter 291 / Section 291.373
291.373 Reporting of substantive program changes
Status: in_force

(1) As used in this section:

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

(b) “Program” means an activity or a series of related activities that a state agency performs to fulfill its constitutional or statutory duties and that is identified, by name or otherwise with particularity, in the Oregon Constitution, statutory law, a budget report or a staff measure summary for a bill prepared by the Legislative Assembly for a state agency budget that is part of the legislatively approved budget, a performance measure developed under ORS 291.110 (Achieving performance outcomes) or any other manner specified by the Legislative Assembly.

(c) “State agency” has the meaning given that term in ORS 291.002 (Definitions) .

(2) A state agency shall report to the Director of the Oregon Department of Administrative Services, and the director shall report to the Legislative Assembly as provided in this section, any substantive change made in a program administered by the state agency.

(3) For purposes of this section, a state agency is considered to have made a substantive change in a program if the state agency:

(a) Establishes a new program, unless the Legislative Assembly provided for establishment of the program by law or anticipated establishment of the program in the legislatively approved budget or in a budget report or staff measure summary relating to the legislatively approved budget.

(b) Eliminates an existing program, unless the Legislative Assembly provided for elimination of the program by law or anticipated elimination of the program in the legislatively approved budget or in a budget report or staff measure summary relating to the legislatively approved budget.

(c) Delays by six months or longer the establishment or elimination of a program prescribed by the Legislative Assembly by law or in a budget report on a bill.

(d) Makes changes to the operation or financing of a program by:

(A) Redesigning the program so as to affect a class of client benefit levels or provider reimbursement levels, unless the redesign consists solely of adjustments of an ongoing nature or processes that were described in written materials provided to the Legislative Assembly by the state agency during the most recent legislative session;

(B) Implementing an executive order; or

(C) Redirecting more than 10 percent of the program’s funding to another purpose as allowed by an appropriation or expenditure limitation.

(e) Otherwise reorganizes or makes changes to the operation or financing of a program and the Legislative Fiscal Officer or the director determines that the changes affect one or more essential aspects of the program.

(4) Not later than 14 days after the end of each calendar quarter, a state agency shall report to the director any substantive change in a program made during the preceding calendar quarter. A state agency is not required to report under this subsection if the agency has not made a substantive change in a program during the preceding calendar quarter.

(5) Not later than 35 days after the end of each calendar quarter, the director shall report on all substantive program changes made by state agencies during the preceding calendar quarter to the President of the Senate, the Speaker of the House of Representatives and the Legislative Fiscal Officer. The director is not required to report under this subsection if no state agencies have made a substantive change in a program during the preceding calendar quarter.

(6) If a state agency or the director fails to report a substantive program change as required under subsections (4) and (5) of this section, the state agency immediately shall report the substantive program change to the director. The director immediately shall report to the President of the Senate, the Speaker of the House of Representatives and the Legislative Fiscal Officer. The report shall identify the program change, describe why the report was not made as required by subsection (4) or (5) of this section and describe how the failure to report was identified.

(7) A state agency need not report to the director under subsection (4) of this section on any matter that the agency is required by ORS 291.371 (Salary plan review by legislative review agency) or 291.375 (Legislative review of applications for federal financial assistance) to report or present to the Emergency Board, to the Joint Interim Committee on Ways and Means or to the Joint Committee on Ways and Means. [2001 c.425 §2; 2012 c.107 §9; 2016 c.117 §35]

Source: Section 291.373 — Reporting of substantive program changes , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.740 — OR Code / Title 28 / Chapter 294 / Section 294.740
294.740 Refund of account balances
Status: in_force

(1) The Employment Department shall refund to a political subdivision electing to cancel its request as provided by ORS 657.513 (Political subdivision contribution payments from Local Government Employer Benefit Trust Fund) any account balance remaining after the department has made all payments to the Unemployment Compensation Trust Fund required to be made on behalf of the political subdivision.

(2) A political subdivision canceling a request having a negative account balance shall make such additional payments into the fund as necessary to maintain a zero account balance.

(3) Erroneous benefit payments determined after June 30, 1978, and attributable to wages paid by a political subdivision making payments under ORS 294.735 (Payments to fund by political subdivisions) shall be excluded from the account balance determination and the determination of the benefit cost rate of that political subdivision. [1977 c.491 §§6,7; 1989 c.135 §4]

Source: Section 294.740 — Refund of account balances; payment of deficits; erroneous benefit payments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.805 — OR Code / Title 28 / Chapter 294 / Section 294.805
294.805 Definitions for ORS 294.805 to 294.895
Status: in_force

As used in ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) :

(1) “Board” means the Oregon Short Term Fund Board.

(2) “Council” means the Oregon Investment Council created under ORS 293.706 (Oregon Investment Council) .

(3) “Funds” means funds under the control or in the custody of any local government official or tribal government official by virtue of office that are not required to meet current demands.

(4) “Investment officer” means the State Treasurer in capacity as investment officer for the council and the investment pool.

(5) “Investment pool” means the aggregate of all funds from local government officials and tribal government officials that are placed in the custody of the investment officer for investment and reinvestment as provided under ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) .

(6) “Local government official” means each officer or employee of any agency, political subdivision or public corporation of this state, including the Oregon State Bar, who by law is made the custodian of or has control of any funds.

(7) “Oregon Indian tribe” means each of the Burns Paiute Tribe, the Confederated Tribes of Coos, Lower Umpqua and Siuslaw Indians, the Confederated Tribes of the Grand Ronde Community of Oregon, the Confederated Tribes of Siletz Indians of Oregon, the Confederated Tribes of the Umatilla Indian Reservation, the Confederated Tribes of the Warm Springs Reservation of Oregon, the Coquille Indian Tribe, the Cow Creek Band of Umpqua Tribe of Indians and the Klamath Tribes, as long as each remains a federally recognized Indian tribe.

(8) “Public body” means:

(a) A public body as defined in ORS 287A.001 (Definitions for ORS chapter 287A) ; or

(b) An Oregon Indian tribe.

(9) “Tribal government” means the governing body of an Oregon Indian tribe.

(10) “Tribal government official” means each officer or employee of a tribal government who by law is made the custodian of or has control of any funds. [1973 c.748 §1; 1981 c.880 §14; 1987 c.381 §1; 2013 c.338 §1]

Source: Section 294.805 — Definitions for ORS 294.805 to 294.895 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.670 — OR Code / Title 28 / Chapter 297 / Section 297.670
297.670 Board of Accountancy to prepare and maintain roster
Status: in_force

The Oregon Board of Accountancy shall prepare and maintain a roster of accountants authorized to conduct the municipal audits required by ORS 297.425 (Annual audits required) . [Amended by 1981 c.83 §1]

Source: Section 297.670 — Board of Accountancy to prepare and maintain roster , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.741 — OR Code / Title 28 / Chapter 293 / Section 293.741
293.741 Council may contract with others to perform investment officer functions
Status: in_force

The Oregon Investment Council may enter into contracts with one or more persons whom the council determines to be qualified, whereby the persons undertake, in lieu of or in addition to the investment officer, to perform the functions specified in ORS 293.736 (Duties of investment officer) to the extent provided in the contract. Performance of functions under a contract shall be paid for out of the gross interest or other income of the investments with respect to which the functions are performed, and the net interest or other income of the investments after that payment shall be considered income of the investment funds. The council may require a person contracted with to give to the state a fidelity bond in a penal sum as may be fixed by law or, if not so fixed, as may be fixed by the council, with corporate surety authorized to do business in this state. Contracts entered into under this section and functions performed under the contracts are not subject to ORS chapter 240 or ORS 279A.140 (State procurement of goods and services) . [1967 c.335 §10; 2003 c.794 §248; 2005 c.295 §2]

Source: Section 293.741 — Council may contract with others to perform investment officer functions; compensation; bond , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 295.022 — OR Code / Title 28 / Chapter 295 / Section 295.022
295.022 Collateral not required for deferred compensation funds
Status: in_force

Notwithstanding any other provision of this chapter, when a depository receives moneys of the Deferred Compensation Fund established under ORS 243.411 (Deferred Compensation Fund) from the state for deposit or investment, the depository shall not have to maintain the collateral required under this chapter for those deferred compensation moneys. [1977 c.721 §15; 1997 c.179 §27; 2019 c.587 §12]

Source: Section 295.022 — Collateral not required for deferred compensation funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 291.990 — OR Code / Title 28 / Chapter 291 / Section 291.990
291.990 Penalties
Status: in_force

(1) If a person incurs or orders or votes to incur an obligation in violation of a provision of the statutes listed in subsection (4) of this section, the person and the sureties on the person’s bond are jointly and severally liable for the violation to the person in whose favor the obligation was incurred.

(2) Upon certification by the Oregon Department of Administrative Services or the State Chief Information Officer that a state officer or employee of a state agency has failed or refused to comply with a statute listed in subsection (4) of this section or an order, rule, policy or regulation the department or the State Chief Information Officer made in accordance with the statutes listed in subsection (4) of this section, the salary of the officer or employee may not be paid until the officer or employee complies with the statute, order, rule, policy or regulation. A state officer or employee who fails to comply with a statute listed in subsection (4) of this section or with an order, rule, policy or regulation the department or the State Chief Information Officer made in accordance with a statute listed in subsection (4) of this section is subject to discipline or termination in accordance with ORS chapter 240 or otherwise as provided by law or under the personnel rules and policies of the state agency that employs the officer or employee. The state agency that employs the officer or employee may consult with the State Chief Information Officer before imposing a disciplinary measure.

(3) A violation of a provision of a statute listed in subsection (4) of this section is a Class A violation.

(4) Subsections (1) to (3) of this section apply to ORS 84.064 (State Chief Information Officer duties) , 276A.203 (State Chief Information Officer) , 276A.206 (Oversight of state information and telecommunications technology by State Chief Information Officer) , 276A.223 (Requirement that state agency or public corporation obtain quality management services when implementing information technology initiative) , 276A.233 (Information technology portfolio-based management) , 276A.236 (Enterprise information resources management) , 276A.300 (Information systems security in executive department) , 276A.303 (Information systems security for Secretary of State, State Treasurer and Attorney General) , 276A.403 (Coordination of telecommunications systems) , 276A.406 (Acquisition of broadband and communications services) , 276A.412 (Contracts for telecommunications equipment and services not to exceed 10 years) , 276A.415 (Agreements to fund or acquire telecommunications equipment and services) , 279A.050 (Procurement authority) , 279A.140 (State procurement of goods and services) , 279A.280 (Disposal of surplus property) , 279B.270 (State contracting agencies to use recovered resources and recycled materials) , 283.020 (Federal law governs when federal granted funds involved) , 283.110 (Furnishing by state agency to another state agency of services, facilities and materials) , 283.140 (Telephone and telecommunications, mail, shuttle bus and messenger services) , 283.143 (Surcharge for telecommunications services) , 283.305 (Definitions for ORS 283.305 to 283.350) to 283.390 (State-owned vehicles to be marked) , 291.001 (Use of accounting terms) to 291.034 (Providing technical services involving data processing) , 291.047 (Public contract approval by Attorney General) , 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) , 291.307 (Appropriation from General Fund to constitute a credit only) , 292.220 (Department to regulate subsistence and mileage allowances for travel) and 292.230 (Policy on out-of-state travel) . [Amended by 1953 c.530 §2; 1955 c.260 §2; subsections (2) and (3) of 1961 Replacement Part renumbered 293.990 (Penalties) ; 1967 c.419 §14; subsection (2) of 1965 Replacement Part renumbered 283.990 (Penalties) ; 1993 c.500 §44; 1997 c.249 §89; 1999 c.1051 §172; 2003 c.794 §246; 2005 c.121 §1; 2009 c.601 §4; 2011 c.597 §177; 2015 c.807 §45]

Source: Section 291.990 — Penalties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.039 — OR Code / Title 28 / Chapter 295 / Section 295.039
295.039 State Treasurer acceptance of moneys for purposes of administering ORS 295.038
Status: in_force

(1) The State Treasurer may accept moneys from any public or private source for the purpose of paying initial or continuing expenses related to administering the provisions of ORS 295.038 (Assessment against collateral of qualified depositories) .

(2) The State Treasurer shall deposit moneys the State Treasurer receives under this section into the Miscellaneous Receipts Account established for the State Treasurer in the General Fund. Notwithstanding the provisions of ORS 295.106 (State Treasurer charges) , moneys the State Treasurer receives under this section are continuously appropriated to the State Treasurer for the purpose of paying the State Treasurer’s initial or continuing expenses related to administering ORS 295.038 (Assessment against collateral of qualified depositories) . The State Treasurer shall expend the moneys in accordance with the terms and conditions upon which the moneys were made available. [2010 c.101 §13; 2011 c.667 §1; 2019 c.587 §17]

Source: Section 295.039 — State Treasurer acceptance of moneys for purposes of administering ORS 295.038 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 297.435 — OR Code / Title 28 / Chapter 297 / Section 297.435
297.435 Exemption from audit
Status: in_force

(1) Subject to ORS 297.445 (Petition to audit municipal corporation exempt under ORS 297.435) , ORS 297.425 (Annual audits required) does not apply to any municipal corporation, except a county or a school district, if, with respect to any one fiscal year, the municipal corporation meets all the conditions in either subsection (2) or (3) of this section.

(2) Intentionally left blank —Ed.

(a) Total expenditures did not exceed $250,000 for the year;

(b) The municipal corporation has submitted financial statements for the year to the Secretary of State within 90 days following the end of the year; and

(c) A certificate has been submitted with the financial statements stating that the principal responsible official of the municipal corporation was covered during the entire year by a fidelity or faithful performance bond in an amount at least equal to the total amount of moneys received by the municipal corporation during the year.

(3) Intentionally left blank —Ed.

(a) Total expenditures exceeded $250,000 but did not exceed $1,000,000 for the year;

(b) The municipal corporation has submitted financial statements for the year to the Secretary of State within 180 days following the end of the year, and an accountant or the Secretary of State has performed the procedures established under subsection (5) of this section on the financial statements; and

(c) A certificate has been submitted with the financial statements stating that the official responsible for receiving and disbursing moneys on behalf of the municipal corporation was covered during the entire year by a fidelity or faithful performance bond in an amount at least equal to 10 percent of the total receipts for the year, but not less than $25,000.

(4) The financial statements required by this section shall be in a form prescribed by the Secretary of State and shall be considered audit reports for the purpose of the filing fee required by ORS 297.485 (Filing fees) .

(5) Intentionally left blank —Ed.

(a) The Secretary of State shall, by rule, establish procedures to be performed on financial statements under subsection (3) of this section that the secretary deems appropriate to:

(A) Address risks to municipal corporations; and

(B) Ensure compliance by municipal corporations with applicable laws.

(b) In adopting or amending rules under this subsection, the Secretary of State shall consult with the Oregon Board of Accountancy, the Oregon Society of Certified Public Accountants and one or more organizations representing municipal corporations. [1977 c.774 §5; 1981 c.245 §1; 1997 c.401 §1; 2007 c.709 §1; 2023 c.10 §2]

Source: Section 297.435 — Exemption from audit; financial statement and bonding required; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.250 — OR Code / Title 28 / Chapter 291 / Section 291.250
291.250 Claims and encumbrances limited by amount and purpose of allotment
Status: in_force

The agency shall not create any claim or encumbrance for the future disbursement of appropriated moneys unless the proposed expenditure as estimated, together with expenses theretofore paid from or encumbered against such allotment, is within the total amount and for the purposes specified in the notice of allotment transmitted to such agency.

Source: Section 291.250 — Claims and encumbrances limited by amount and purpose of allotment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.031 — OR Code / Title 28 / Chapter 295 / Section 295.031
295.031 Notice to public officials regarding adequacy of collateral
Status: in_force

(1) Within three business days after the State Treasurer determines that a qualified depository has failed to increase the value of the depository’s collateral within the time required under ORS 295.015 (Maintenance of securities by qualified depository) (3)(b) or receives information from the Director of the Department of Consumer and Business Services or other sources under ORS 295.071 (Investigation by regulatory bodies other than State Treasurer) or 295.073 (Report to State Treasurer of actions that reduce net worth of depository) , or otherwise receives information that indicates that a qualified depository has failed to pledge adequate securities with the depository’s custodian or otherwise provided adequate collateral, the State Treasurer shall send written notice of the failure to each public official who has uninsured public funds on deposit in the depository.

(2) Within five business days after the State Treasurer receives a receipt from a custodian pursuant to ORS 295.013 (Custodian’s receipt) (1) that indicates that a qualified depository has pledged adequate securities with the depository’s custodian or satisfactory evidence of other adequate collateral, the State Treasurer shall send written notice to each public official who was notified under subsection (1) of this section stating that the depository has adequate collateral. [2007 c.871 §2; 2009 c.821 §8; 2010 c.101 §9; 2017 c.500 §5; 2019 c.587 §13]

Source: Section 295.031 — Notice to public officials regarding adequacy of collateral , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 291.260 — OR Code / Title 28 / Chapter 291 / Section 291.260
291.260 Approving, modifying or disapproving requests and budgets to be submitted to the federal government
Status: in_force

(1) At the request of the Oregon Department of Administrative Services, before a state agency makes requests or prepares budgets to be submitted to the federal government for funds, equipment, material or services, other than for highway purposes, the agency shall submit the request or budget to the department.

(2) The department may approve, disapprove, modify or amend the request or budget before it is submitted to the proper federal authority.

(3) The requirements of this section are in addition to the requirements of ORS 291.375 (Legislative review of applications for federal financial assistance) and 293.550 (Receipt and disposition generally of federal aid moneys) . [Amended by 2016 c.117 §27]

Source: Section 291.260 — Approving, modifying or disapproving requests and budgets to be submitted to the federal government , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.244 — OR Code / Title 28 / Chapter 291 / Section 291.244
291.244 Department action on estimates
Status: in_force

The Oregon Department of Administrative Services shall act promptly upon all estimates required by ORS 291.242 (Allotment required before expenditure of appropriation) . If the estimate is within the terms of the appropriation as to amount and purposes, having due regard for the probable further needs of the agency for the remainder of the term for which the appropriation was made, and if the department determines that there is a need for the estimated amount for the allotment period, the department shall approve the estimate and allot the estimated amount for expenditures. Otherwise the department shall modify the estimate so as to conform with the terms of the appropriation and the prospective needs of the agency, and shall reduce the amount allotted accordingly.

Source: Section 291.244 — Department action on estimates , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.105 — OR Code / Title 28 / Chapter 293 / Section 293.105
293.105 General Fund
Status: in_force

Subject to ORS 293.115 (Moneys separate and distinct from General Fund) , the following moneys shall be placed by the State Treasurer to the credit of and shall constitute the General Fund of the State of Oregon:

(1) All moneys arising from direct taxation and paid into the State Treasury by the several counties of the state.

(2) All moneys arising from the imposition of any license or other fees for permission to transact any business in the state and paid into the State Treasury by any person, firm or corporation if the law imposing the fee specifically requires the moneys to be paid into the General Fund.

(3) All moneys collected by any state officer, board, institution or commission or county officer for license or other fees exacted by law, and from sales of state products paid into the State Treasury if the law imposing the fee specifically requires the moneys to be paid into the General Fund. [Formerly 291.352; 2003 c.81 §1]

Source: Section 293.105 — General Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.341 — OR Code / Title 28 / Chapter 293 / Section 293.341
293.341 References to voucher claims as references to disbursements
Status: in_force

Notwithstanding any other provision of law:

(1) Any reference in any general or specific statute to voucher claims for indebtedness or expenses authorized by any state agency and to approval of those voucher claims is intended to be and shall be considered a reference to disbursements for the indebtedness or expenses and to approval of those disbursements.

(2) Any requirement that a statement designating an individual to approve voucher claims referred to in subsection (1) of this section be filed with the Secretary of State is intended to be and shall be considered a requirement that the statement designating an individual to approve disbursements be filed with the Oregon Department of Administrative Services, and not with the Secretary of State. [1967 c.454 §19]

Source: Section 293.341 — References to voucher claims as references to disbursements; filing designations with department , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.201 — OR Code / Title 28 / Chapter 291 / Section 291.201
291.201 “Tax expenditure” defined for ORS 291.201 to 291.222
Status: in_force

As used in ORS 291.201 (“Tax expenditure” defined for ORS 291.201 to 291.222) to 291.222 (Furnishing information and assistance to Governor-elect) , “tax expenditure” means any law of the federal government or this state that exempts, in whole or in part, certain persons, income, goods, services or property from the impact of established taxes, including but not limited to tax deductions, tax exclusions, tax subtractions, tax exemptions, tax deferrals, preferential tax rates and tax credits. [1995 c.746 §63; 2005 c.837 §9; 2007 c.217 §11]

Source: Section 291.201 — “Tax expenditure” defined for ORS 291.201 to 291.222 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.013 — OR Code / Title 28 / Chapter 295 / Section 295.013
295.013 Custodian’s receipt
Status: in_force

(1) When a custodian receives a pledge or release of securities from a qualified depository, and after receiving the approval of the State Treasurer, the custodian shall issue to the State Treasurer a custodian’s receipt that describes the securities. The custodian also shall issue a copy of the receipt to the depository.

(2) A custodian shall:

(a) Maintain an accurate inventory of the securities of each qualified depository described in the custodian’s receipts that the custodian issues to the State Treasurer and adjust the inventory to reflect pledges or releases of securities that the custodian previously inventoried.

(b) Appraise the value of the securities added to and released from the qualified depository’s inventory and appraise the value of the depository’s entire inventory on the last day of each month and at such other times as the State Treasurer directs.

(c) Provide reports to the State Treasurer that describe the type and value of each security pledged by each qualified depository and any additional information required by the State Treasurer.

(3) The State Treasurer, by rule or through individual pledge agreements, may specify:

(a) Additional information that must be reported related to the securities pledged;

(b) The frequency with which reports required under this section must be provided; and

(c) Requirements for distribution of reports to qualified depositories or other persons. [Formerly 295.035; 2009 c.821 §5; 2010 c.101 §6; 2017 c.500 §2; 2019 c.587 §9]

Source: Section 295.013 — Custodian’s receipt; duties of custodian; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.323 — OR Code / Title 28 / Chapter 294 / Section 294.323
294.323 Budget period
Status: in_force

(1) A municipal corporation, by ordinance, resolution or charter, may provide that the budget and budget documents for the municipal corporation be prepared for a period of 24 months. Unless so authorized by ordinance, resolution or charter, a municipal corporation may not prepare a budget and budget documents for a period longer than one fiscal year.

(2) When the governing body of a municipal corporation prepares a biennial budget, the governing body shall certify to the assessor for each fiscal year of the budget period the ad valorem property tax amount or rate for the ensuing fiscal year. [2001 c.135 §2]

Source: Section 294.323 — Budget period , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.037 — OR Code / Title 28 / Chapter 295 / Section 295.037
295.037 Distribution of collateral after loss in qualified depository
Status: in_force

(1) The provision of collateral, including the deposit of securities by a qualified depository with its custodian pursuant to ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) , constitutes consent by the depository to the disposition of the securities in accordance with this section.

(2) When a loss has occurred in a qualified depository, the depository shall as soon as possible make payment to the proper public officials of all funds subject to the loss, pursuant to the following procedures:

(a) Immediately upon occurrence of the loss, the State Treasurer shall exercise all of the State Treasurer’s rights in the collateral, including without limitation taking possession of any securities segregated as collateral for uninsured public funds deposits held by the closed depository and beginning to collect payment from as much of the collateral, including without limitation the liquidation of securities, as the State Treasurer estimates is necessary, based upon the most recent information available to the State Treasurer on the amount of uninsured public funds deposits held by the closed depository, for distribution of the proceeds among public officials entitled to the proceeds as provided in this section.

(b) The Director of the Department of Consumer and Business Services or the receiver for the closed depository shall, within 20 days after the issuance of a restraining order or taking possession of any qualified depository, ascertain the amount of public funds on deposit in the depository as disclosed by its records and the amount of the public funds covered by deposit insurance or deposit guaranty bonds and certify the amounts to the State Treasurer and to each public official who has public funds on deposit in the depository.

(c) Each public official who has uninsured public funds on deposit in the qualified depository shall, within 10 days after receipt of the certification from the Director of the Department of Consumer and Business Services or the receiver, furnish to the State Treasurer verified statements of the uninsured public funds that the public official has on deposit in the depository.

(3) Upon receipt of the certification from the Director of the Department of Consumer and Business Services or the receiver and the verified statements from the public officials who have uninsured public funds on deposit in the qualified depository, the State Treasurer shall ascertain and fix the amount of public funds on deposit in the depository, plus interest to the date the funds are distributed to the public official at the rate the depository agreed to pay on the funds, minus any amount covered by deposit insurance or deposit guaranty bonds. [2007 c.871 §4; 2009 c.821 §10; 2019 c.587 §15]

Source: Section 295.037 — Distribution of collateral after loss in qualified depository , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 293.811 — OR Code / Title 28 / Chapter 293 / Section 293.811
293.811 Short title
Status: in_force

ORS 293.811 (Short title) to 293.832 (Applicability of ORS 293.825 and 293.828) may be cited as the Oregon Human Rights and Anti-Genocide Act of 2005. [2005 c.774 §2]

Source: Section 293.811 — Short title , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.710 — OR Code / Title 28 / Chapter 294 / Section 294.710
294.710 Procedures for establishing commission
Status: in_force

(1) Any county with a population of less than 500,000 inhabitants, based on the most recently available data published or officially provided by the Portland State University Population Research Center, may establish, with the approval of a majority of its electors voting on the question, a tax supervising and conservation commission that substantially conforms to the provisions of ORS 294.605 (Definitions for ORS 294.605 to 294.705) to 294.705 (Tax supervising and conservation commission fund) .

(2) Any county with a population of 500,000 or more inhabitants, based on the most recently available data published or officially provided by the Portland State University Population Research Center, may establish a tax supervising and conservation commission that substantially conforms to the provisions of ORS 294.605 (Definitions for ORS 294.605 to 294.705) to 294.705 (Tax supervising and conservation commission fund) provided the county obtains the approval of a majority of the members of its governing body voting on the question.

(3) Notwithstanding ORS 294.630 (Tax supervising and conservation commission account) , a county under this section may establish its own maximum annual appropriation to a tax supervising and conservation commission in the ordinance creating the commission. [1977 c.431 §1; 1991 c.80 §3; 2005 c.750 §5]

Source: Section 294.710 — Procedures for establishing commission; annual appropriations , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.012 — OR Code / Title 28 / Chapter 295 / Section 295.012
295.012 State Treasurer rule setting maximum liability for qualified credit union depositories
Status: in_force

For any period of time during which fewer than 10 credit unions are qualified depositories, the State Treasurer, notwithstanding ORS 295.001 (Definitions for ORS 295.001 to 295.108) (14), by rule may set the maximum liability for a credit union that holds uninsured public funds at 20 percent of the greater of:

(1) All uninsured public funds deposits the credit union holds, as shown on the date of the credit union’s most recent treasurer’s report; or

(2) The average of the balances of all uninsured public funds deposits the credit union holds, as shown on the credit union’s last two immediately preceding treasurer reports. [2010 c.101 §13b; 2019 c.587 §7]

Source: Section 295.012 — State Treasurer rule setting maximum liability for qualified credit union depositories , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 291.445 — OR Code / Title 28 / Chapter 291 / Section 291.445
291.445 Certificate of state agency that issues general obligation bonds
Status: in_force

(1) Before July 1 of each fiscal year, the Director of the Oregon Department of Administrative Services shall request from the appropriate state agency or division a certificate as prescribed in this section. The request shall be made by letter to the agency or division.

(2) Each state agency authorized to issue general obligation bonds that are ordinarily to be repaid from other than General Fund appropriations shall, on or before August 15 of each fiscal year:

(a) Certify to the Director of the Oregon Department of Administrative Services that the amounts available or that will become available during the current year to the bond program debt service fund to pay bond principal and interest that has accrued or will accrue during the current year are sufficient and will be sufficient to pay bond program principal and interest scheduled for payment during the current year; or

(b) Certify to the Director of the Oregon Department of Administrative Services that the amounts available or that will become available during the current year to the bond program debt service fund will not be sufficient to pay bond program principal and interest scheduled for payment during the current year. A certificate issued under this paragraph shall specify the amount of the anticipated current year deficit. The Director of the Oregon Department of Administrative Services shall review and confirm the correctness of each certification made under this paragraph.

(3) On or before August 15 of each fiscal year, the administrative division of the Oregon Department of Administrative Services that has primary responsibility for accounting for each general obligation bond program in which the bond principal and interest is ordinarily to be repaid, in whole or in part, from General Fund appropriations shall:

(a) Certify to the Director of the Oregon Department of Administrative Services that the amounts available or that will become available during the current year from General Fund appropriations to defray program bond principal and interest that has accrued or will accrue during the current year are sufficient and will be sufficient to pay program bond principal and interest scheduled for payment during the current year; or

(b) Certify to the Director of the Oregon Department of Administrative Services that the amounts available or that will become available during the current year from General Fund appropriations will not be sufficient to pay program bond principal and interest scheduled for payment during the current year. A certificate issued under this paragraph shall specify the amount of the anticipated current year deficit.

(4) Intentionally left blank —Ed.

(a) For a general obligation bond program for which a property tax may be levied under the Oregon Constitution, if a deficit in funds available to pay principal and interest is certified and confirmed under subsection (2) or certified under subsection (3) of this section, the amount of the deficit, together with any deficit that is certified for any other general obligation bond program shall upon certification constitute a state tax levy on property that shall be apportioned among and charged to the several counties in that proportion which the total assessed value of all the taxable property in each county bears to the total assessed value of all the taxable property of the state as equalized.

(b) If any agency fails to make the certification under subsection (2) or (3) of this section with respect to any general obligation bond fund program, the Oregon Department of Administrative Services shall determine the amount of revenue and other funds that are available and the amount of taxes, if any, that should be levied in addition to the revenues and funds, to pay bond principal and interest under the program for the fiscal year in question. The additional amount so determined shall thereupon constitute a state tax levy on property that shall be apportioned, certified, collected and distributed as if determined and certified as a deficit by the agency. The Oregon Department of Administrative Services shall charge the agency for cost recovery for time spent on that agency’s behalf.

(5) Immediately after the department has determined the amount of a state tax levy on property in accordance with subsection (4) of this section, a certificate of levy, signed by the director of the department, shall be filed in the office of the department. If no state levy is required for the fiscal or tax year, a certificate so stating and signed by the director shall be filed in the office of the department.

(6) If, for any reason, after the close of any regular session of the Legislative Assembly, it becomes necessary to reduce General Fund appropriations, General Fund appropriations for a debt service fund of a general obligation bond program described under subsection (3) of this section may not be reduced.

(7) Intentionally left blank —Ed.

(a) For purposes of this section, state agencies that are authorized to finance projects or programs through the issuance of general obligation bonds ordinarily to be repaid from other than General Fund appropriations are those agencies that have outstanding general obligation bonds, the debt service on which is not the subject of a General Fund appropriation in the current biennium.

(b) Each agency authorized to finance projects or programs through the issuance of general obligation bonds that are ordinarily to be repaid from other than General Fund appropriations shall determine the amount of revenues or other funds that are available and the amount of taxes, if any, that should be levied for the ensuing year in the manner required under rules adopted by the Oregon Department of Administrative Services and make the certification required under subsection (2) of this section.

(8) Intentionally left blank —Ed.

(a) For purposes of this section, state agencies that are authorized to finance projects or programs through the issuance of general obligation bonds that are ordinarily to be repaid from General Fund appropriations are those agencies that have outstanding general obligation bonds, the debt service on which is the subject of a General Fund appropriation in the current biennium.

(b) Each agency authorized to finance projects or programs through the issuance of general obligation bonds ordinarily to be repaid from General Fund appropriations shall furnish any data required by the Oregon Department of Administrative Services to determine the amount of revenues or other funds that are available and the amount of taxes, if any, that should be levied for the ensuing year and the administrative division of the Oregon Department of Administrative Services that has primary responsibility for accounting shall make the determination for purposes of the making of the certification required under subsection (3) of this section. [Formerly 291.344; 1999 c.59 §75; 2005 c.22 §214; 2005 c.625 §73; 2009 c.11 §36; 2011 c.545 §24; 2015 c.767 §10; 2015 c.828 §15; 2017 c.9 §22]

Source: Section 291.445 — Certificate of state agency that issues general obligation bonds; certificate of state tax levy if required; effect of reduction in General Fund appropriations on debt service appropriations , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.321 — OR Code / Title 28 / Chapter 294 / Section 294.321
294.321 Purposes
Status: in_force

The purposes of ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) are:

(1) To establish standard procedures for the preparation, presentation, administration and appraisal of budgets of municipal corporations;

(2) To provide for a brief description of the programs of a municipal corporation and the fiscal policy which is to accomplish these programs;

(3) To provide for estimation of revenues, expenditures and proposed taxes;

(4) To provide specific methods for obtaining public views in the preparation of fiscal policy;

(5) To provide for the control of revenues and expenditures for the promotion of efficiency and economy in the expenditure of public funds; and

(6) To enable the public, taxpayers and investors to be apprised of the financial policies and administration of the municipal corporation in which they are interested. [1963 c.576 §2; 1997 c.308 §4; 1997 c.541 §323]

Source: Section 294.321 — Purposes , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.334 — OR Code / Title 28 / Chapter 291 / Section 291.334
291.334 Assistance of Legislative Fiscal Office to board
Status: in_force

(1) The Legislative Fiscal Office, upon request of the Emergency Board, shall furnish necessary assistance to the board.

(2) The expenses of the board, the cost of employed assistance, and other necessary expenses of the board shall be paid out of funds appropriated to the board specially for that purpose or, if no appropriation is made, out of any emergency fund that may be appropriated to the board. All claims for those expenses and cost must be approved by the cochairpersons of the board or other person authorized to approve claims, and warrants shall be drawn on the State Treasurer for the payment in the same manner as other expenses are paid. [1953 c.386 §7; 1967 c.454 §96; 1975 c.530 §7; 2016 c.117 §32]

Source: Section 291.334 — Assistance of Legislative Fiscal Office to board; payment of board expenses , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.041 — OR Code / Title 28 / Chapter 295 / Section 295.041
295.041 Subrogation rights of State Treasurer
Status: in_force

When the State Treasurer distributes the proceeds of assessments and liquidated collateral to a public official under ORS 295.038 (Assessment against collateral of qualified depositories) , the State Treasurer is subrogated to all of the public official’s right, title and interest against the closed depository, and shares in any distribution of the closed depository’s assets ratably with other depositors. Sums received from a distribution must be paid to the public official to the extent of any unpaid net deposit liability. The State Treasurer shall pay the remaining balance to the qualified depositories in the pool against which the assessments were made, pro rata in proportion to the assessments each qualified depository paid. However, the closed depository may not share in a distribution of the balance remaining. The State Treasurer may charge expenses that the State Treasurer incurs in enforcing the State Treasurer’s rights under this section as provided in ORS 295.106 (State Treasurer charges) . The State Treasurer shall submit a claim for expenses to the closed depository, and if the charges are thereafter paid to the State Treasurer, they shall be treated as a liquidation expense of the closed depository. [2007 c.871 §6; 2009 c.821 §11; 2010 c.101 §14; 2019 c.587 §18]

Source: Section 295.041 — Subrogation rights of State Treasurer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 293.110 — OR Code / Title 28 / Chapter 293 / Section 293.110
293.110 Certain funds as part of General Fund
Status: in_force

(1) All payments of money into the State Treasury by virtue of any statute providing for, creating, authorizing or continuing any of the funds and accounts enumerated in subsection (2) of this section shall be paid into and become a part of the General Fund.

(2) The following funds and accounts shall be a part of the General Fund:

(a) Forest Patrol Fund.

(b) Motor Vehicle Fund.

(c) State Institutional Betterment Fund.

(d) Miscellaneous Receipts Account for the State Library.

(e) State Library School Library Fund.

(f) Administrative Services Economic Development Fund.

(g) All other funds or accounts created by law that are specifically established in the law creating them as funds or accounts in the General Fund. [Formerly 291.354; 1977 c.886 §36; 1983 c.740 §82; 1985 c.302 §12; 1985 c.762 §181; 2001 c.104 §100; 2003 c.81 §2; 2005 c.726 §20]

Source: Section 293.110 — Certain funds as part of General Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.733 — OR Code / Title 28 / Chapter 293 / Section 293.733
293.733 Venture capital investments
Status: in_force

(1) In making and implementing investment decisions related to venture capital, the Oregon Investment Council and the investment officer have a duty to look first at Oregon opportunities for diversification unless, under the circumstances, it is not prudent to do so.

(2) At any given time, the council shall have at least $100 million in venture capital investments in Oregon unless, under the circumstances, it is not prudent to do so.

(3) As used in this section:

(a) “Emerging growth business” means an individual or group of individuals or a new or small company, including but not limited to any new or small partnership, limited liability company, corporation, firm, association or other business entity, that has the capacity, upon obtaining appropriate capital, to generate significant high-skill, high-wage employment.

(b) “Venture capital” includes but is not limited to emerging growth businesses. [2003 c.606 §3; 2012 c.90 §23]

Note: 293.733 (Venture capital investments) 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 293.733 — Venture capital investments; council’s duty , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.135 — OR Code / Title 28 / Chapter 293 / Section 293.135
293.135 Payment of warrants against certain special funds
Status: in_force

All warrants issued against any special fund that is a part of the General Fund hereby are made payable out of the General Fund. Such payment shall be made by the State Treasurer to the holders of such warrants upon demand. [Formerly 291.364]

Source: Section 293.135 — Payment of warrants against certain special funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.018 — OR Code / Title 28 / Chapter 292 / Section 292.018
292.018 Designation of agent
Status: in_force

The chief administrative officer of any state agency electing to use the procedure provided by ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) shall designate the Oregon Department of Administrative Services as an agent to act for the chief administrative officer under ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) . The designation shall be in writing signed by the chief administrative officer of the state agency and filed with the department. The designation shall remain in effect until the chief administrative officer of the state agency revokes it by written notice to the department. [1955 c.495 §3]

Source: Section 292.018 — Designation of agent , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 295.098 — OR Code / Title 28 / Chapter 295 / Section 295.098
295.098 Public body agreements with third parties
Status: in_force

(1) A public official who enters into an agreement with a third party, under which the third party facilitates the receipt, collection, transfer, disbursement or payment of public funds and temporarily holds or deposits public funds, may use alternative methods to those set forth in this chapter to secure public funds that are held or deposited by the third party if the methods meet the following requirements:

(a) The alternative methods must be approved by an official action of the governing body or appropriate public official of the public body. The official action must include findings by the governing body or public official describing any financial institution used by the third party and how the alternative methods will protect public funds from loss by the third party; and

(b) The alternative methods must be designed so that the public funds are fully secured while held or deposited by the third party and until the funds are remitted to the public body. A public official shall calculate the minimum amount of collateral required of a third party as follows:

(A) For the initial calendar quarter of the agreement, the public official shall calculate the minimum amount of collateral to equal a reasonable estimate of the highest amount of public funds that the third party is expected to hold or deposit unremitted at any time within the initial calendar quarter.

(B) Within the first month of each calendar quarter subsequent to the initial calendar quarter of the agreement, the public official shall recalculate the minimum amount of collateral to equal a reasonable estimate of the highest amount of public funds that the third party is expected to hold or deposit unremitted at any time within the current calendar quarter based on factors that must include but are not limited to:

(i) The highest amount of public funds that the third party held or deposited unremitted at any time on any day within the preceding calendar quarter; and

(ii) Any reasonably expected increase or decrease in the amount of public funds the third party is expected to hold or deposit within the current calendar quarter.

(2) If the State Treasurer prepares a model policy related to acceptable alternative methods as described in subsection (1) of this section, a governing body may adopt all or part of the model policy.

(3) This section does not apply to a public body that is a state agency.

(4) As used in this section, “collateral” means cash or a letter of credit or similar instrument intended to ensure payment, approved by a governing body or appropriate public official of a public body, to be used as security to ensure the obligations of a third party. [2019 c.587 §30]

Source: Section 295.098 — Public body agreements with third parties; alternative methods , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.333 — OR Code / Title 28 / Chapter 294 / Section 294.333
294.333 Basis of accounting used by municipal corporation
Status: in_force

(1) A municipal corporation shall record its revenues and expenditures, on a fund by fund basis, using the cash basis, the modified accrual basis or the accrual basis of accounting, at the discretion of the municipal corporation.

(2) The basis of accounting used by a municipal corporation must be used in the current year or period and in each succeeding year or period until the basis is changed in a subsequent budget.

(3) A change in a municipal corporation’s basis of accounting must be published as required under ORS 294.438 (Publication of notice of meeting, financial summary and budget summary) . [Formerly 294.445]

Source: Section 294.333 — Basis of accounting used by municipal corporation; change of basis , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.180 — OR Code / Title 28 / Chapter 293 / Section 293.180
293.180 Agency petty cash fund
Status: in_force

(1) If the appropriation for an agency or the limitation on expenditures of an agency, as enacted by the Legislative Assembly, includes an amount for a petty cash fund, the fund shall be established and administered as provided in this section.

(2) The agency for which a petty cash fund has been authorized may prepare a voucher in the amount authorized in favor of a person designated by the agency as custodian of its petty cash fund. A warrant shall be drawn for the amount of the voucher payable out of moneys appropriated for the expenditures of the agency. The designated custodian shall credit the amount of the warrant to the petty cash fund.

(3) The Oregon Department of Administrative Services may establish regulations governing the administration of petty cash funds established pursuant to this section.

(4) Subject to regulations established by the department:

(a) The designated custodian may make disbursements from the petty cash fund only when it is necessary to make an immediate cash payment which is lawfully payable from moneys appropriated to the agency.

(b) The designated custodian may hold the petty cash fund in cash or may deposit the fund to the account of the agency in any insured institution or institutions in the state authorized as a depository of state funds, or may hold part in cash and deposit the remainder.

(5) The designated custodian shall periodically submit to the appropriate warrant drawing authority verified reimbursement vouchers properly supported by evidences of disbursements from the petty cash fund. Upon allowance of the reimbursement vouchers the warrant drawing authority shall issue a warrant on the State Treasurer, in favor of the designated custodian, payable out of moneys appropriated for the expenditures of the agency. [Formerly 291.548; 1967 c.454 §103; 1997 c.631 §445]

Source: Section 293.180 — Agency petty cash fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.565 — OR Code / Title 28 / Chapter 294 / Section 294.565
294.565 Failure to file copy of required budget, reports or other documents
Status: in_force

If any city shall fail to file its documents or reports required by ORS 294.458 (Filing copy of budget and certain documents with county assessor and Department of Revenue) or 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) with the Department of Revenue or Secretary of State, as the case may be, within 30 days after a request therefor has been made by certified mail to the city, the Department of Revenue or Secretary of State may certify to the officer responsible for disbursing funds to cities under ORS 323.455 (Distribution of certain cigarette tax revenues) , 366.785 (Definitions for ORS 366.785 to 366.820) to 366.820 (Limit to application of ORS 366.785 to 366.815) and 471.810 (Distribution of available moneys in Oregon Liquor and Cannabis Commission Account) the fact of such failure to file the documents or reports. Notwithstanding the requirements under ORS 323.455 (Distribution of certain cigarette tax revenues) , 366.785 (Definitions for ORS 366.785 to 366.820) to 366.820 (Limit to application of ORS 366.785 to 366.815) and 471.810 (Distribution of available moneys in Oregon Liquor and Cannabis Commission Account) for prompt payment of funds due a city, such officer shall withhold payment to the city of any funds ordinarily payable to it under ORS 323.455 (Distribution of certain cigarette tax revenues) , 366.785 (Definitions for ORS 366.785 to 366.820) to 366.820 (Limit to application of ORS 366.785 to 366.815) and 471.810 (Distribution of available moneys in Oregon Liquor and Cannabis Commission Account) until notified by the Department of Revenue or Secretary of State that the required document or report has been received as required by law. A copy of such certification and request shall be furnished the delinquent city. [1973 c.252 §1; 1977 c.774 §18; 1979 c.286 §5]

Source: Section 294.565 — Failure to file copy of required budget, reports or other documents; effect , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.245 — OR Code / Title 28 / Chapter 293 / Section 293.245
293.245 Subsequent collection of debt written off under ORS 293.240
Status: in_force

If a debt previously written off pursuant to ORS 293.240 (Writing off uncollectible debts due state agency) subsequently becomes collectible, the state agency to which the money is owed shall proceed to collect the money due. The agency shall credit the money so collected to the accounts or funds to which the debt was originally owing. [1965 c.448 §3; 1971 c.604 §4; 2001 c.233 §2]

Source: Section 293.245 — Subsequent collection of debt written off under ORS 293.240 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.010 — OR Code / Title 28 / Chapter 294 / Section 294.010
294.010 Surrender of warrants upon payment
Status: in_force

Subject to ORS 294.015 (Payment on lost, stolen or destroyed warrants upon affidavit of owner, payee or representative) , no warrant issued by a subdivision shall be paid unless such warrant is surrendered and delivered to the officer charged with the payment thereof, contemporaneously with payment or prior thereto.

Source: Section 294.010 — Surrender of warrants upon payment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.595 — OR Code / Title 28 / Chapter 293 / Section 293.595
293.595 Supervision of data processing equipment for accounting system
Status: in_force

The Oregon Department of Administrative Services shall control and supervise the acquisition, installation and use of all electronic or automatic data processing equipment to be used primarily for the purposes of the accounting records and system referred to in ORS 293.590 (Department to supervise state agency accounting) . The adequacy and capacity of that equipment for purposes of the performance of constitutional functions of the Secretary of State as Auditor of Public Accounts shall be as determined by and under the control of the Secretary of State. The department shall authorize use of that equipment for other purposes to the extent that use for those other purposes does not conflict with use for the primary purpose of the accounting records and system. [1967 c.454 §69]

Source: Section 293.595 — Supervision of data processing equipment for accounting system; other uses , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.890 — OR Code / Title 28 / Chapter 294 / Section 294.890
294.890 Board members serve without compensation
Status: in_force

(1) A member of the Oregon Short Term Fund Board shall serve without compensation.

(2) The board shall select one of its members as chairperson, for a term and with the powers and duties necessary for the performance of the functions of the office as the board shall determine. [1973 c.748 §20]

Source: Section 294.890 — Board members serve without compensation; selection of chairperson , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.625 — OR Code / Title 28 / Chapter 293 / Section 293.625
293.625 Statements to be rendered to Secretary of State
Status: in_force

The Secretary of State shall from time to time require all persons receiving moneys or securities, or having the disposition or management of any property of the state, of which an account is kept in the office of the Secretary of State, to render statements thereof to the Secretary of State. All such persons shall render such statement at such time and in such form as the Secretary of State requires. [Formerly 291.566]

Source: Section 293.625 — Statements to be rendered to Secretary of State , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 297.720 — OR Code / Title 28 / Chapter 297 / Section 297.720
297.720 Biennial fee of accountants included on roster
Status: in_force

Every auditor or accountant whose name is included on the roster of authorized accountants referred to in ORS 297.670 (Board of Accountancy to prepare and maintain roster) shall pay to the Oregon Board of Accountancy biennially a fee for continuance thereon. The fee shall be in an amount determined by the board by rule. [Amended by 1971 c.217 §1; 1981 c.89 §13; 1987 c.455 §2; 2023 c.10 §10]

Source: Section 297.720 — Biennial fee of accountants included on roster; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.813 — OR Code / Title 28 / Chapter 293 / Section 293.813
293.813 Findings
Status: in_force

(1) The people of Oregon condemn the human rights abuses, enslavement and genocide in Sudan and declare these atrocities to be absolutely contrary to the fundamental principles of human rights and standards of justice and individual freedom.

(2) The Legislative Assembly finds:

(a) The Congress of the United States has declared that genocide is occurring in the Darfur region of Sudan;

(b) The National Black Caucus of State Legislators Resolution 05-144 declares that the atrocities unfolding in Darfur are genocide under Articles 1 to 3 of the 1948 United Nations Convention;

(c) The United Nations International Commission of Inquiry on Darfur found that government forces and militias of Sudan have conducted indiscriminate attacks, including the killing of civilians, torture, enforced disappearances, the destruction of villages, rape and other forms of sexual violence, pillaging and forced displacement throughout Darfur;

(d) Sudanese government forces and government-supported militia forces have implemented a coordinated policy of ethnic cleansing;

(e) More than 2.2 million people are affected by the crisis in Sudan, with 1.2 million displaced inside Sudan, 200,000 living as refugees and more than 50,000 people having died, according to the Catholic Relief Services;

(f) Sixty percent of the villages in Northern Darfur have been destroyed or abandoned according to the Intermediate Technology Development Group;

(g) Sudanese government forces have pursued a scorched earth policy aimed at removing populations from around a newly constructed oil pipeline and other oil production facilities, according to the United States Department of State Report on Human Rights Practices in Sudan;

(h) Fourteen thousand Dinka women and children have been abducted in Sudan according to the United States Department of State 2005 Trafficking in Persons Report;

(i) Christian Solidarity International reports that the government of Sudan is responsible for the revival of the evil institution of slavery;

(j) The Methodist Church of Southern Africa reports mass rapes of girls and women, the displacement of millions of people and genocide and ethnic cleansing in Darfur;

(k) The Committee on Conscience of the United States Holocaust Memorial Museum has declared a genocide emergency in Sudan;

(L) Genocide, enslavement and such atrocities are repugnant to the basic principles of liberty and justice in the Bill of Rights, Article I of the Oregon Constitution, which are fundamental to the character of a free society; and

(m) The investment of investment funds consisting of the Public Employees Retirement Fund referred to in ORS 238.660 (Fund generally) in scrutinized companies is inconsistent with the moral and political values of the people of Oregon. [2005 c.774 §4; 2015 c.27 §26]

Source: Section 293.813 — Findings , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.204 — OR Code / Title 28 / Chapter 291 / Section 291.204
291.204 Instructions to agencies for submitting budget information
Status: in_force

(1) The Oregon Department of Administrative Services, by July 1 of each even-numbered year, shall furnish every state agency with:

(a) Instructions for preparing for submission to the Governor the information required by the Governor in the preparation of the Governor’s budget; and

(b) Instructions for preparing the proposed maximum supervisory ratio report required by ORS 291.227 (Maximum supervisory ratios of certain state agencies) (1).

(2) The Governor shall prescribe the instructions to be used by the agencies in submitting their agency request budgets as required by ORS 291.208 (Filing agency request budgets with department) . [Amended by 2016 c.117 §14; 2017 c.285 §2]

Source: Section 291.204 — Instructions to agencies for submitting budget information , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.466 — OR Code / Title 28 / Chapter 294 / Section 294.466
294.466 Appropriation of pass-through revenues
Status: in_force

(1) A municipal corporation imposing taxes, fees or charges that in accordance with applicable law or an intergovernmental agreement under ORS chapter 190 must be paid on a pass-through basis to another municipal corporation shall include the taxes, fees or charges in its budget and appropriate the estimated amount generated by the taxes, fees or charges.

(2) The appropriation required under subsection (1) of this section must take the form of an expense of the municipal corporation imposing the taxes, fees or charges.

(3) If the actual amount collected from the taxes, fees or charges during a fiscal year or budget period exceeds the estimated amount included in the budget of the municipal corporation imposing the taxes, fees or charges for the fiscal year or budget period, upon determining that the excess exists, the governing body of the municipal corporation shall appropriate the excess by means of an ordinance or resolution and no further action is required under ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) to budget, appropriate or expend the excess. [2011 c.473 §18]

Source: Section 294.466 — Appropriation of pass-through revenues , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.358 — OR Code / Title 28 / Chapter 294 / Section 294.358
294.358 Expenditure and resource estimate sheets
Status: in_force

(1) The sheet or sheets containing the estimate of expenditures shall also show in parallel columns the actual expenditures for the two fiscal years next preceding the current year or the actual expenditures for the two budget periods preceding the current budget period, the estimated expenditures for the current year or current budget period and the estimated expenditures for the ensuing year or ensuing budget period.

(2) The sheet or sheets containing the estimate of budget resources shall also show in parallel columns the actual budget resources of the two fiscal years next preceding the current year or the actual budget resources for the two budget periods preceding the current budget period, the estimated budget resources for the current year or current budget period and the estimated budget resources for the ensuing year or ensuing budget period.

(3) The estimate sheets shall be made a part of the budget document. [Formerly 294.376]

Source: Section 294.358 — Expenditure and resource estimate sheets; made part of budget document , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.990 — OR Code / Title 28 / Chapter 293 / Section 293.990
293.990 Penalties
Status: in_force

(1) Any person, official or state agent violating ORS 293.265 (Disposition of collected moneys) to 293.280 (Application of ORS 293.265 to 293.275) or failing to comply with any of the requirements of those sections within the time provided shall be liable on the official bond of the person, officer or state agent and commits a Class A misdemeanor.

(2) In addition to civil liability, violation of ORS 293.620 (Monthly account of and payment by custodians of state property) is a Class A violation. [Formerly 291.990 (Penalties) (2), (3); 1971 c.743 §353; 1997 c.761 §12; 1999 c.1051 §173; 2011 c.597 §178]

Source: Section 293.990 — Penalties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.180 — OR Code / Title 28 / Chapter 292 / Section 292.180
292.180 Invoice reflecting certain savings
Status: in_force

(1) The Oregon Department of Administrative Services may render a monthly or quarterly invoice to all state agencies utilizing or intending to utilize the joint payroll system in the future. This monthly or quarterly invoice shall be equal to demonstrated savings of Workers’ Compensation workday tax costs which are a direct result of the savings from payment of the workday tax based on actual days worked by the employee.

(2) It is the intention of this section to allow the department to use demonstrated savings of Workers’ Compensation workday tax costs to pay for the implementation costs of ORS 238.350 (Use of unused leave to increase retirement allowance) , 240.546 (Payments in lieu of sick leave with pay) , 292.026 (Payroll payments) , 292.033 (Advances of regular and terminal salary or wages) , 292.070 (Withholding compensation to purchase United States Savings Bonds or other obligations) to 292.110 (Procedure where employee dies having credit in account) , 292.170 (Procedure when employee leaves employment after overpayment) and this section and the moneys received are continuously appropriated for the purposes of ORS 238.350 (Use of unused leave to increase retirement allowance) , 240.546 (Payments in lieu of sick leave with pay) , 292.026 (Payroll payments) , 292.033 (Advances of regular and terminal salary or wages) , 292.070 (Withholding compensation to purchase United States Savings Bonds or other obligations) to 292.110 (Procedure where employee dies having credit in account) , 292.170 (Procedure when employee leaves employment after overpayment) and this section.

(3) Any excess moneys remaining after the implementation of ORS 238.350 (Use of unused leave to increase retirement allowance) , 240.546 (Payments in lieu of sick leave with pay) , 292.026 (Payroll payments) , 292.033 (Advances of regular and terminal salary or wages) , 292.070 (Withholding compensation to purchase United States Savings Bonds or other obligations) to 292.110 (Procedure where employee dies having credit in account) , 292.170 (Procedure when employee leaves employment after overpayment) and this section shall be returned pro rata on the basis of total moneys to agency contributions to the agencies from which received. However, if the amount remaining is less than $10,000, that amount may be transferred to the General Fund as a miscellaneous receipt. [1981 c.567 §11; 1983 c.81 §1]

Source: Section 292.180 — Invoice reflecting certain savings; use of savings; refunding , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.321 — OR Code / Title 28 / Chapter 293 / Section 293.321
293.321 Limitation on time of presentment of claims
Status: in_force

(1) A person having a claim against the state shall present the claim, with the evidence in support thereof, 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 within two years after the date on which the claim accrues. However, if any federal funding arrangement requires payment of a claim within one year, that claim, with evidence in support thereof, must be presented within one year after the date on which the claim accrues.

(2) All claims, with evidence in support thereof, presented for health services under ORS 411.710 (Basis for granting general assistance) must be presented within one year after the date in which the claim accrues. [1967 c.454 §14; 1983 c.608 §1]

Source: Section 293.321 — Limitation on time of presentment of claims , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.550 — OR Code / Title 28 / Chapter 293 / Section 293.550
293.550 Receipt and disposition generally of federal aid moneys
Status: in_force

(1) The Governor may apply for, accept and receive, or authorize any state agency to apply for, accept and receive, financial assistance and grants from the United States or any of its agencies, subject to the terms and conditions thereof, for financing the cost of any federally sponsored program or project deemed beneficial to the State of Oregon. Applications for grants, except where precluded by federal law, shall include requests for funds adequate to accomplish the objectives of the grant proposal including moneys to pay for the audit, or audits, of the financial transactions as required by the grantor or state statutes. Moneys included in a grant award budgeted for auditing the grant or program shall not be used for any other purpose. Regulations established by the federal government relating to such grants shall be applicable to the extent they are not in conflict with state laws.

(2) The Governor may disburse or supervise the disbursement of federal aid received under the provisions of subsection (1) of this section, or the Governor may designate a state agency to disburse or supervise the disbursement of such federal aid.

(3) The Governor shall deposit money received pursuant to this section in a special fund with the State Treasurer as provided in ORS 293.265 (Disposition of collected moneys) to 293.275 (Disbursement of moneys) . The money shall be expended, pursuant to subsection (2) of this section, for the purposes for and in accordance with the terms by which it is received, subject to the provisions of subsection (5) of this section and ORS 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) .

(4) Subsections (1) to (3) of this section shall not supersede the provisions of any special statute empowering a state agency to apply for, accept and receive federal aid for any specific purpose.

(5) Funds received under subsection (1) of this section shall be expended subject to expenditure limitations imposed on the receiving state agency by the Legislative Assembly or, in the absence of such limitations, only after approval of the Legislative Assembly or of the Emergency Board, if approval is required during the interim between sessions of the Legislative Assembly.

(6) In any case where prior approval of the authority to expend any funds available under subsection (1) of this section is imposed as a term or condition to receipt of such funds, the Legislative Assembly or the Emergency Board may approve expenditure of such funds prior to their receipt. [1965 c.11 §1; 1967 c.57 §1; 1979 c.456 §1]

Source: Section 293.550 — Receipt and disposition generally of federal aid moneys; deposit in special fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.015 — OR Code / Title 28 / Chapter 294 / Section 294.015
294.015 Payment on lost, stolen or destroyed warrants upon affidavit of owner, payee or representative
Status: in_force

A warrant may be paid without surrender or delivery thereof if the one claiming to be the lawful owner of the warrant:

(1) Satisfies the officer by whom payment is to be made that the warrant has been lost, stolen or destroyed prior to the owner having received value therefor or having negotiated the warrant; and

(2) Furnishes to the issuing officer a written statement signed by such person specifically alleging that the owner 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. However, if the lawful owner, payee or legal representative is (a) a bank or national bank, (b) the federal government or (c) this state or any board, department, commission or subdivision of this state, or any officer thereof in the officer’s official capacity, a certificate may be furnished in lieu of an affidavit or affirmation. The issuing officer may also, in the officer’s discretion, require the bank or national bank to furnish a satisfactory indemnity agreement executed by the bank or national bank. [Amended by 1979 c.763 §6]

Source: Section 294.015 — Payment on lost, stolen or destroyed warrants upon affidavit of owner, payee or representative , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.453 — OR Code / Title 28 / Chapter 294 / Section 294.453
294.453 Hearing by governing body on budget document as approved by budget committee
Status: in_force

(1) Except as provided in subsections (2) and (3) of this section, the governing body of a municipal corporation shall meet at the time and place designated in the notice of meeting required under ORS 294.438 (Publication of notice of meeting, financial summary and budget summary) for the purpose of holding a public hearing on the budget document as approved by the budget committee. At the meeting any person may appear for or against any item in the approved budget document.

(2) A municipal corporation having a population exceeding 200,000 and located in a county having a tax supervising and conservation commission shall submit its budget document to the tax supervising and conservation commission of the county under ORS 294.431 (Submission of budget document to tax supervising and conservation commission before date of public hearing) (2). The governing body of the municipal corporation or its representatives shall meet with the taxpayers of the municipal corporation at a public hearing to be called and conducted by the tax supervising and conservation commission.

(3) A municipal corporation that has a population not exceeding 200,000 and is located in a county having a tax supervising and conservation commission may submit its approved budget document to the tax supervising and conservation commission of the county under ORS 294.431 (Submission of budget document to tax supervising and conservation commission before date of public hearing) (1) for a public hearing. The governing body of the municipal corporation or its representatives shall meet with the taxpayers of the municipal corporation at a public hearing to be called and conducted by the tax supervising and conservation commission. [Formerly 294.430]

Source: Section 294.453 — Hearing by governing body on budget document as approved by budget committee; alternative procedure in certain cases , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.670 — OR Code / Title 28 / Chapter 294 / Section 294.670
294.670 Commission may inquire into management, books and systems
Status: in_force

(1) The commission may inquire into the management, books of account and systems employed, of each municipal corporation, and of each department thereof within its respective county.

(2) Notwithstanding ORS 294.495 (Department of Revenue to construe Local Budget Law) (2), the commission may prescribe such rules and regulations as are considered proper to effectually carry out the purposes of ORS 294.305 (Sections constituting Local Budget Law) to 294.705 (Tax supervising and conservation commission fund) . In any case where rules adopted pursuant to this subsection conflict with rules adopted by the Department of Revenue, rules adopted by the department shall prevail. [Amended by 1975 c.669 §1]

Source: Section 294.670 — Commission may inquire into management, books and systems; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.930 — OR Code / Title 28 / Chapter 292 / Section 292.930
292.930 Annual salary for certain elected officers
Status: in_force

Each of the following elective officers shall be paid an annual salary on a monthly basis as determined by the Legislative Assembly each biennium:

(1) Governor.

(2) Secretary of State.

(3) State Treasurer.

(4) Attorney General.

(5) Commissioner of the Bureau of Labor and Industries.

(6) Chief Judge of the Court of Appeals.

(7) Court of Appeals Judge.

(8) Chief Justice of the Supreme Court.

(9) Supreme Court Judge.

(10) Circuit Court Judge.

(11) Tax Court Judge. [1983 c.790 §5; 1995 c.658 §102; 2007 c.901 §7; 2009 c.899 §8; 2011 c.731 §20; 2013 c.578 §3; 2018 c.98 §18]

Source: Section 292.930 — Annual salary for certain elected officers , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.215 — OR Code / Title 28 / Chapter 293 / Section 293.215
293.215 Evidencing transfers and retransfers
Status: in_force

(1) All transfers from lending to borrowing funds under ORS 293.210 (Transfer and retransfer of money and credit among state funds) shall be evidenced by proper bookkeeping accounts kept by the State Treasurer showing appropriate credits to the lending funds. All retransfers shall be evidenced in like manner.

(2) When funds are transferred under ORS 293.210 (Transfer and retransfer of money and credit among state funds) , the State Treasurer shall notify the Oregon Department of Administrative Services, the Legislative Fiscal Office, the department for whose use the lending fund is maintained and the governing board or commission, if any, of the department for whose use the lending fund is maintained. [Formerly 291.406; 1967 c.454 §104; 2001 c.71 §1]

Source: Section 293.215 — Evidencing transfers and retransfers; notification of transfer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.726 — OR Code / Title 28 / Chapter 293 / Section 293.726
293.726 Standard of judgment and care in investments
Status: in_force

(1) The investment funds shall be invested and the investments of those funds managed as a prudent investor would do, under the circumstances then prevailing and in light of the purposes, terms, distribution requirements and laws governing each investment fund.

(2) The standard stated in subsection (1) of this section requires the exercise of reasonable care, skill and caution, and is to be applied to investments not in isolation but in the context of each investment fund’s investment portfolio and as a part of an overall investment strategy, which should incorporate risk and return objectives reasonably suitable to the particular investment fund.

(3) In making and implementing investment decisions, the Oregon Investment Council and the investment officer have a duty to diversify the investments of the investment funds unless, under the circumstances, it is not prudent to do so.

(4) In addition to the duties stated in subsection (3) of this section, the council and the investment officer must:

(a) Conform to the fundamental fiduciary duties of loyalty and impartiality;

(b) Act with prudence in deciding whether and how to delegate authority and in the selection and supervision of agents; and

(c) Incur only costs that are reasonable in amount and appropriate to the investment responsibilities imposed by law.

(5) The duties of the council and the investment officer under this section are subject to contrary provisions of privately created public trusts the assets of which by law are made investment funds. Within the limitations of the standard stated in subsection (1) of this section and subject to subsection (6) of this section, there may be acquired, retained, managed and disposed of as investments of the investment funds every kind of investment which persons of prudence, discretion and intelligence acquire, retain, manage and dispose of for their own account.

(6) Notwithstanding subsection (1) of this section, not more than 50 percent of the moneys contributed to the Public Employees Retirement Fund or the Industrial Accident Fund may be invested in common stock, and not more than 65 percent of the moneys contributed to the other trust and endowment funds managed by the Oregon Investment Council or the State Treasurer may be invested in common stock.

(7) Subject to the standards set forth in this section, moneys held in the Deferred Compensation Fund may be invested in the stock of any company, association or corporation, including but not limited to shares of a mutual fund. Investment of moneys in the Deferred Compensation Fund is not subject to the limitation imposed by subsection (6) of this section. [1967 c.335 §7; 1971 c.53 §1; 1973 c.385 §1; 1981 c.880 §12; 1983 c.456 §1; 1983 c.466 §1; 1987 c.759 §1; 1993 c.18 §59; 1993 c.75 §1; 1997 c.129 §2; 1997 c.179 §22; 1997 c.804 §5; 2005 c.294 §1]

Source: Section 293.726 — Standard of judgment and care in investments; investment in corporate stock , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.716 — OR Code / Title 28 / Chapter 293 / Section 293.716
293.716 State Treasurer is investment officer for council
Status: in_force

(1) The State Treasurer is the investment officer for the Oregon Investment Council, and shall perform functions in that capacity as authorized or required by law and, consistent with law, by the council.

(2) The bond of the State Treasurer required from the State Treasurer by law shall be deemed to extend to the faithful performance of all functions of the office of investment officer.

(3) The investment officer may:

(a) Subject to any applicable provision of the State Personnel Relations Law, employ, prescribe the functions and fix the compensation of personnel necessary to facilitate and assist in carrying out the functions of the council and investment officer.

(b) Require a fidelity bond of any person employed by the investment officer who has charge of, handles or has access to any investment funds, state money or property. The amounts of the bonds shall be fixed by the investment officer, except as otherwise provided by law, and the sureties shall be approved by the investment officer. The premiums on the bonds shall be an expense of the State Treasurer. [1967 c.335 §5]

Source: Section 293.716 — State Treasurer is investment officer for council; subordinate personnel; bonds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.048 — OR Code / Title 28 / Chapter 294 / Section 294.048
294.048 Borrowing money when premature withdrawal or liquidation of certain investments would cause loss
Status: in_force

When funds invested under ORS 294.035 (Investment of funds of political subdivisions) (3)(d) are required to meet current cash demands and when withdrawal or liquidation of such investments at the time would cause a loss because the investment would be withdrawn or liquidated prior to maturity, the custodial officer may, after receiving the approval of the governing body, borrow funds on short-term promissory notes that shall be secured by pledging or assigning the investments held under ORS 294.035 (Investment of funds of political subdivisions) (3)(d). The notes shall mature in not more than six months after date of issue. If a lender demands physical possession of the certificates of deposit or other evidence of an investment pledged or assigned under this section, the custodial officer shall deliver the certificate or other evidence to the lender. [1967 c.411 §1; 1975 c.359 §6; 1995 c.245 §5; 2005 c.443 §23]

Source: Section 294.048 — Borrowing money when premature withdrawal or liquidation of certain investments would cause loss , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.175 — OR Code / Title 28 / Chapter 294 / Section 294.175
294.175 Definitions
Status: in_force

(1) As used in this section and ORS 294.178 (Assessment grant to county) to 294.187 (County Assessment and Taxation Fund) :

(a) “Department” means the Department of Revenue.

(b) “Expenditures” has the meaning given the term for purposes of ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) and may be further defined by rule of the department. “Expenditures” does not include any item or class of items that cannot reasonably be allocated to an organizational unit.

(c) “Expenditures for assessment and taxation” means expenditures for any of the activities, functions or services required of a county in the assessment, equalization, levy, collection or distribution of property taxes under ORS chapters 305, 306, 307, 308, 308A, 309, 310, 311, 312 and 321. “Expenditures for assessment and taxation” specifically includes expenditures for appraising county-appraised industrial property, if the responsibility for making the appraisal has been delegated by the department to a county assessor under ORS 306.126 (Appraisal of industrial property by department) (3).

(d) “Grant” has the meaning given the term for purposes of ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) , and is further described under ORS 294.178 (Assessment grant to county) .

(2) On or before May 1 of each year, each county shall file with the department a true copy of its estimates of expenditures for assessment and taxation for the ensuing year as prepared for purposes of ORS 294.388 (Estimates and reconciliation of expenditures and other requirements) but in accordance with any rules adopted by the department.

(3) Upon receipt of the estimate, the department shall review the estimate to determine its adequacy to provide the resources needed to achieve compliance with ORS 308.232 (Property to be valued at 100 percent real market value and assessed at assessed value) and 308.234 (Record of last appraisal) , ORS chapter 309 and other laws requiring equality and uniformity in the system of property taxation within the county in order that the same equality and uniformity may be achieved throughout the state.

(4) If, upon initial review of the estimate, the department determines that the proposed expenditures, or any of them, are not at the level or of the type needed to achieve adequacy, the department shall notify the county governing body. The notice shall contain an explanation of the reasons for the determination and may describe specific items or classifications of expenditure which the department has determined are required, or are not required, in order to achieve adequacy. The notice shall fix the date upon which a conference with the county governing body or representatives of the county governing body shall be held.

(5) Intentionally left blank —Ed.

(a) Subject to paragraph (b) of this subsection, if, upon initial review, or upon or after conference held on the date specified in the notice under subsection (4) of this section, or another date or dates convenient to the department and the county governing body, the department determines that the expenditures as initially filed, or that the expenditures as agreed upon at the conference, are at the level and of the type needed to achieve adequacy for that year or over a period of years under a plan presented as described under ORS 294.181 (Alternative method for certification) , the department shall certify to the county governing body that its estimate of expenditures for assessment and taxation so determined are adequate and that the county will be included in the computation made under ORS 294.178 (Assessment grant to county) for the purpose of determining the amount of that county’s quarterly grant. The department shall include in the certification an estimate of the percentage share of the funds available in the County Assessment Function Funding Assistance Account that the county will receive under ORS 294.178 (Assessment grant to county) and an estimate of the total amount of the grant that will be forthcoming to the county from that account for the ensuing year on account of the certification.

(b) The department shall not certify expenditures under this subsection that the department determines are in excess of the expenditures necessary to meet the requirements of subsection (3) of this section.

(6) Any certification issued under subsection (5) of this section shall be issued as of the June 15 following the filing of the estimate of expenditures under subsection (2) of this section. If, as of June 15, agreement has not been reached between the department and the county governing body upon the estimate, the department shall issue a denial of certification.

(7) A county may appeal the determination of the department under subsection (5)(b) of this section or the denial of certification issued under subsection (6) of this section to the Director of the Oregon Department of Administrative Services. Appeal shall be filed within 10 days after the date that the denial of certification is issued. The sole issue upon appeal shall be the adequacy of expenditures for assessment and taxation as filed with the department under subsection (2) of this section, and the determination, if any, made by the department under subsection (5)(b) of this section. If the Oregon Department of Administrative Services does not issue an order approving the expenditures before July 1 of the fiscal year for which the expenditures are proposed, the certification for purposes of ORS 294.175 (Definitions) to 294.187 (County Assessment and Taxation Fund) shall be considered denied. [1989 c.796 §2; 1995 c.748 §11; 1997 c.782 §2; 1999 c.314 §88; 2003 c.169 §9; 2015 c.36 §5; 2017 c.26 §8]

Source: Section 294.175 — Definitions; county expenditures for assessment; determination of adequacy; certification of adequacy; appeal of denial of certification; effect of certification , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.570 — OR Code / Title 28 / Chapter 293 / Section 293.570
293.570 Apportionment among counties of moneys received from federal government under federal Flood Control Act
Status: in_force

(1) All funds received from the United States Government by the State of Oregon as its distributive share of the amounts collected under the federal Flood Control Act and Acts amendatory thereof and supplemental thereto, shall upon receipt by the State Treasurer be credited to a special fund in the State Treasury to be known as the Federal Flood Control Leases Fund and shall be distributed to the counties in which the leased flood control lands from which such funds were derived are located.

(2) Prior to the distribution indicated in subsection (3) of this section, a distribution charge shall be deducted to meet expenses incurred by the Oregon Department of Administrative Services in administering this section. The distribution charge shall be 60 cents per county and is in addition to the transaction charge approved for the department during the budgetary process. The amount of the distribution charges is continuously appropriated to the department to meet expenses incurred in administering this section.

(3) The department shall ascertain from the proper United States officers having the record of receipts from such sources, the names of the counties in which the leased flood control lands from which such funds have been received are located, and shall segregate and pay over the sums, less the deduction in subsection (2) of this section, by warrant to such counties. If such lands are located in more than one county, each shall receive an amount proportionate to the area of the leased land within the county. [Formerly 291.538; 1985 c.787 §5]

Source: Section 293.570 — Apportionment among counties of moneys received from federal government under federal Flood Control Act; Federal Flood Control Leases Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.305 — OR Code / Title 28 / Chapter 294 / Section 294.305
294.305 Sections constituting Local Budget Law
Status: in_force

ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) shall be known as the Local Budget Law.

Source: Section 294.305 — Sections constituting Local Budget Law , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.178 — OR Code / Title 28 / Chapter 294 / Section 294.178
294.178 Assessment grant to county
Status: in_force

(1) Before issuing any certificate under ORS 294.175 (Definitions) , the Department of Revenue shall estimate the amount available in the County Assessment Function Funding Assistance Account created under ORS 294.184 (County Assessment Function Funding Assistance Account) for distribution as grants to counties for the ensuing fiscal year.

(2) The estimate shall be used to determine the estimated percent of the moneys available in the County Assessment Function Funding Assistance Account that each county will receive as grants and the total estimated grant that each county will receive for the ensuing fiscal year. The estimates so determined shall serve as the estimates required to be included in any certification issued under ORS 294.175 (Definitions) for that county.

(3) On or before the 28th day of the month following the close of each fiscal quarter, the department shall pay a percentage of the moneys in the County Assessment Function Funding Assistance Account to each county to which a certificate has been issued under ORS 294.175 (Definitions) .

(4) Except as provided under subsections (5) and (6) of this section, the percentage to be paid to each county under subsection (3) of this section shall be the percentage that the expenditures of the county certified by the department to the county governing body under ORS 294.175 (Definitions) bears to the total of all expenditures of all counties certified by the department to counties under ORS 294.175 (Definitions) . In determining the expenditures of a county or in determining the total of all expenditures for purposes of this subsection:

(a) No expenditures shall be included that have not been certified under ORS 294.175 (Definitions) .

(b) No expenditures of any county that did not file an estimate of expenditures under ORS 294.175 (Definitions) shall be included.

(c) No expenditures of any county for which certification has been denied shall be included, except as provided in subsection (6)(b) of this section.

(d) No expenditures of any county that does not make its appropriation under ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) based upon 100 percent of the expenditures certified shall be included.

(e) No expenditures of any county that does not certify compliance under ORS 294.181 (Alternative method for certification) shall be included, except as provided in subsection (6)(b) of this section.

(5) Intentionally left blank —Ed.

(a) Except as provided in paragraph (b) of this subsection, if the expenditures of a county are not included for a fiscal quarter on account of subsection (4) of this section, a grant may not be made to that county under subsection (3) of this section for that fiscal quarter. If grant funds are denied to any county under this subsection for any fiscal quarter, the percentage determined under subsection (4) of this section shall be redetermined, excluding from the computation for that fiscal quarter the certified expenditures of the county for which grant funds are denied to the end that all of the funds available in the County Assessment Function Funding Assistance Account at the time of calculating the quarterly distribution may be distributed.

(b) Percentages of grants may not be redetermined under paragraph (a) of this subsection in instances in which a distribution is made under subsection (6)(b) of this section.

(6) Intentionally left blank —Ed.

(a) For any county that is certified for participation in the County Assessment Function Funding Assistance Account grant program under ORS 294.175 (Definitions) or 294.181 (Alternative method for certification) , and for which a distribution is not made by the department because of subsection (4)(d) or (e) of this section, the amount that would have been disbursed to the county shall be transferred to the Assessment and Taxation County Account described in ORS 306.125 (Department of Revenue property tax appraisal programs) .

(b) For any county that is not certified for participation in the County Assessment Function Funding Assistance Account grant program:

(A) The county may not receive a percentage distribution under subsection (4) of this section, but the department shall determine a percentage distribution as if the county were eligible to receive a distribution under subsection (4) of this section;

(B) The department shall determine the percentage distribution by using the county’s certified expenditures from the last year in which the county participated in the County Assessment Function Funding Assistance Account grant program; and

(C) The percentage distribution disbursement determined in subparagraphs (A) and (B) of this paragraph shall be transferred to the Assessment and Taxation County Account described in ORS 306.125 (Department of Revenue property tax appraisal programs) at the same time as payment of moneys is made to counties under subsection (3) of this section.

(c) For any county whose County Assessment Function Funding Assistance Account distribution is transferred under paragraph (a) or (b) of this subsection to the Assessment and Taxation County Account described in ORS 306.125 (Department of Revenue property tax appraisal programs) , but for which the intervention required of the department by ORS 308.062 (Action by department when appraisals not being conducted as provided by law) does not occur as a result of action taken by a county court or board of county commissioners pursuant to ORS 308.062 (Action by department when appraisals not being conducted as provided by law) (2) that is acceptable to the department, the total of all transfers to the Assessment and Taxation County Account described in ORS 306.125 (Department of Revenue property tax appraisal programs) shall be transferred back to the County Assessment Function Funding Assistance Account. [1989 c.796 §3; 1997 c.782 §3; 2003 c.273 §1; 2011 c.83 §5; 2011 c.338 §1; 2012 c.77 §2]

Source: Section 294.178 — Assessment grant to county; determination of grant amount; transfer to Assessment and Taxation County Account in certain circumstances , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.481 — OR Code / Title 28 / Chapter 294 / Section 294.481
294.481 Authorization to receive grants or borrow or expend moneys to respond to public emergency
Status: in_force

(1) As necessary to respond to an emergency situation, the governing body of a municipal corporation may:

(a) Adopt an ordinance or resolution authorizing the municipal corporation to receive grants or borrow moneys not included in the budget of the municipal corporation for the current year or current budget period; and

(b) Make appropriations for estimated expenditures out of any source of available funds, including unappropriated fund balances, by ordinance or resolution in the same manner as provided in ORS 294.463 (Transfers of appropriations within fund or between funds) (1), or by supplemental budget as provided in ORS 294.471 (Supplemental budget in certain cases) (3) or 294.473 (Procedure when supplemental budget changes estimated expenditures by more than 10 percent) .

(2) If a meeting of the governing body of a municipal corporation is not practical in an emergency situation, the chief executive officer of the municipal corporation may, by written order, authorize the immediate expenditure of funds from any available source to respond to a threat to public health or safety.

(3) As used in this section, “emergency situation” means:

(a) Involuntary conversion or destruction of the property of a municipal corporation;

(b) Civil disturbance;

(c) Natural disaster; or

(d) Any public calamity. [Formerly 294.455; 2013 c.420 §6]

Source: Section 294.481 — Authorization to receive grants or borrow or expend moneys to respond to public emergency , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.415 — OR Code / Title 28 / Chapter 297 / Section 297.415
297.415 Periodic financial reports required
Status: in_force

The Secretary of State shall require that periodic reports of financial condition and financial operations be prepared and submitted to the Secretary of State by municipal corporations in such form and at such times as the Secretary of State considers necessary. The periodic reports may be required of all municipal corporations. [1977 c.774 §3]

Source: Section 297.415 — Periodic financial reports required , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.028 — OR Code / Title 28 / Chapter 291 / Section 291.028
291.028 Submitting suggestions to Governor for improvement of state governmental administration
Status: in_force

The Oregon Department of Administrative Services, upon the basis of its research and reports received, shall submit, from time to time, for the Governor’s consideration and appropriate action thereupon, suggestions for the development of interagency policies consistent with the executive policies of the Governor and for the improvement of operating methods and procedures and better personnel utilization and for the improvement of work performance and reduction of costs in state government activities. [Formerly 291.020]

Source: Section 291.028 — Submitting suggestions to Governor for improvement of state governmental administration , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.645 — OR Code / Title 28 / Chapter 294 / Section 294.645
294.645 Consideration of budget by commission
Status: in_force

(1) After the hearings have been held the commission shall carefully consider the proposed budgets and shall by majority vote of the members of the commission certify in writing to the levying board of any municipal corporation, on or before June 25 of each fiscal year, or on or before June 25 of the first fiscal year of a budget period, any objections which the commission may have to the adoption of the budget, or any item therein, or any recommendations which the commission may desire to make regarding the budget. If the commission does not desire to make any recommendations or objections, it shall certify that fact to the levying board. The responsibility of the commission shall be advisory only.

(2) Certification of a budget for a municipal corporation holding its own hearing shall be made in the same manner as required by subsection (1) of this section, except that any recommendations or objections shall be certified to the levying board prior to the date of the hearing. [Amended by 1961 c.678 §5; 1963 c.576 §38; 1999 c.632 §17; 2001 c.135 §29]

Source: Section 294.645 — Consideration of budget by commission; certifying objections or recommendations to levying board; procedure where municipality holds hearing in place of commission , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.236 — OR Code / Title 28 / Chapter 291 / Section 291.236
291.236 Application of allotment system
Status: in_force

(1) The provisions of ORS 291.234 (Department to make allotments to state officers and agencies of appropriations and funds) to 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) relating to the allotment system shall apply to all appropriations for state officers and agencies. For this purpose “appropriation” includes standing, continuing and annual appropriations, and dedicated funds. In those cases where periodical allotments are impracticable, the Oregon Department of Administrative Services may dispense therewith and prescribe such regulations as will insure proper application and encumbering of funds.

(2) Subject to ORS 291.238 (Expenditures without allotment prohibited) , emergency or contingent funds, revolving funds and trust funds shall be subject to such regulations as the department may prescribe for controlling the expenditures and encumbering of such funds.

Source: Section 291.236 — Application of allotment system; controlling expenditures and encumbering of emergency, contingent, revolving and trust funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.002 — OR Code / Title 28 / Chapter 291 / Section 291.002
291.002 Definitions
Status: in_force

As used in 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) , unless the context requires otherwise:

(1) “Classification of expenditures” means the categories of expenses for the purpose of budget-making and accounting that are provided in ORS 291.216 (Governor’s budget) (6)(a).

(2) “Dedicated fund” means a fund in the State Treasury, or a separate account or fund in the General Fund in the State Treasury, that by law is dedicated, appropriated or set aside for a limited object or purpose, but “dedicated fund” does not include a revolving fund or a trust fund.

(3) “Department” means the Oregon Department of Administrative Services.

(4) “Director” means the Director of the Oregon Department of Administrative Services.

(5) “Legislatively adopted budget” means the budget enacted by the Legislative Assembly during an odd-numbered year regular session for the biennium beginning July 1 of the year in which the regular session begins.

(6) “Legislatively approved budget” means the legislatively adopted budget as modified by the Emergency Board meeting in an interim period or by the Legislative Assembly meeting in special session or in an even-numbered year regular session.

(7) “Revolving fund” means a fund in the State Treasury, established by law, from which is paid the cost of goods or services furnished to or by a state agency, and which is replenished through charges made for such goods or services or through transfers from other accounts or funds.

(8) “State agency” or “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, except:

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

(b) The Oregon Public Defense Commission; and

(c) The Secretary of State and the State Treasurer in the performance of the duties of their constitutional offices.

(9) “State officer” means any elected or appointed state officer, including members of boards and commissions, except the members and officers of the Legislative Assembly, the courts, the Secretary of State and the State Treasurer in the performance of the duties of their constitutional offices and the members of the Oregon Public Defense Commission.

(10) “Trust fund” means a fund in the State Treasury in which designated persons or classes of persons have a vested beneficial interest or equitable ownership, or which was created or established by a gift, grant, contribution, devise or bequest that limits the use of the fund to designated objects or purposes. [Amended by 1967 c.419 §2; 2003 c.449 §21; 2003 c.734 §13; 2005 c.837 §8; 2007 c.217 §10; 2011 c.545 §18; 2015 c.767 §89; 2016 c.117 §7; 2023 c.281 §50]

Note: The amendments to 291.002 (Definitions) by section 85, 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.

291.002 (Definitions) . As used in 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) , unless the context requires otherwise:

(1) “Classification of expenditures” means the categories of expenses for the purpose of budget-making and accounting that are provided in ORS 291.216 (Governor’s budget) (6)(a).

(2) “Dedicated fund” means a fund in the State Treasury, or a separate account or fund in the General Fund in the State Treasury, that by law is dedicated, appropriated or set aside for a limited object or purpose, but “dedicated fund” does not include a revolving fund or a trust fund.

(3) “Department” means the Oregon Department of Administrative Services.

(4) “Director” means the Director of the Oregon Department of Administrative Services.

(5) “Legislatively adopted budget” means the budget enacted by the Legislative Assembly during an odd-numbered year regular session for the biennium beginning July 1 of the year in which the regular session begins.

(6) “Legislatively approved budget” means the legislatively adopted budget as modified by the Emergency Board meeting in an interim period or by the Legislative Assembly meeting in special session or in an even-numbered year regular session.

(7) “Revolving fund” means a fund in the State Treasury, established by law, from which is paid the cost of goods or services furnished to or by a state agency, and which is replenished through charges made for such goods or services or through transfers from other accounts or funds.

(8) “State agency” or “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, except:

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

(b) The Secretary of State and the State Treasurer in the performance of the duties of their constitutional offices.

(9) “State officer” means any elected or appointed state officer, including members of boards and commissions, except the members and officers of the Legislative Assembly, the courts, the Secretary of State and the State Treasurer in the performance of the duties of their constitutional offices.

(10) “Trust fund” means a fund in the State Treasury in which designated persons or classes of persons have a vested beneficial interest or equitable ownership, or which was created or established by a gift, grant, contribution, devise or bequest that limits the use of the fund to designated objects or purposes.

Source: Section 291.002 — Definitions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 297.535 — OR Code / Title 28 / Chapter 297 / Section 297.535
297.535 Division of Audits Account
Status: in_force

(1) All moneys received by the Secretary of State under ORS 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) , 297.425 (Annual audits required) and 297.445 (Petition to audit municipal corporation exempt under ORS 297.435) shall be immediately turned over to the State Treasurer, who shall deposit the moneys in the General Fund to the credit of an account to be known as the Division of Audits Account.

(2) The moneys received under subsection (1) of this section and deposited in the Division of Audits Account are continuously appropriated to the Secretary of State for use in payment of salaries and other expenses or costs of the Division of Audits.

(3) The moneys received under ORS 297.545 (Disposition of Municipal Audit Law filing fees) and deposited in the Division of Audits Account are continuously appropriated to the Secretary of State for use in payment of salaries and other expenses or costs incurred by the Division of Audits of the Office of the Secretary of State in connection with the carrying out of the provisions of ORS 297.020 (Functions and duties of Division of Audits) , 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 297.740 (Rules of board) and 297.990 (Penalties) .

(4) The Secretary of State may use moneys in the Division of Audits Account for cash advances for travel expenses necessary in carrying out the provisions of ORS 297.020 (Functions and duties of Division of Audits) to 297.555 (Short title) and 297.990 (Penalties) . Any moneys received in reimbursement of these cash advances shall be deposited in the Division of Audits Account.

(5) The Secretary of State shall keep a record of all moneys deposited in the Division of Audits Account. The record shall indicate by separate cumulative accounts the source from which the moneys are derived and the individual activity or program against which each withdrawal is charged. [Formerly 297.460; 1979 c.286 §10; 1995 c.144 §3; 2001 c.796 §20; 2005 c.755 §14]

Source: Section 297.535 — Division of Audits Account , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.345 — OR Code / Title 28 / Chapter 291 / Section 291.345
291.345 Appropriation of certain excess corporate income and excise tax revenues to State School Fund
Status: in_force

(1) For purposes of implementing Article IX, section 14 (3), of the Oregon Constitution, if revenues received by the General Fund from the corporate income and excise taxes during the biennium exceed the amount estimated to be received from such taxes for the biennium by two percent or more, the Legislative Assembly shall appropriate an amount equal to the total amount of the excess to the State School Fund established by ORS 327.008 (State School Fund) for apportionment as provided in ORS 327.008 (State School Fund) .

(2) The amount appropriated under this section shall be in addition to the total amount of revenues the Legislative Assembly would otherwise appropriate, allocate or make available for the biennium for funding kindergarten through grade 12 public education if excess revenues described in subsection (1) of this section were not available. [2013 c.733 §1]

Note: 291.345 (Appropriation of certain excess corporate income and excise tax revenues to State School Fund) was enacted into law by the Legislative Assembly but was 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 291.345 — Appropriation of certain excess corporate income and excise tax revenues to State School Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.411 — OR Code / Title 28 / Chapter 292 / Section 292.411
292.411 Supreme Court Chief Justice and judges
Status: in_force

(1) Intentionally left blank —Ed.

(a) The annual salary of the Chief Justice of the Supreme Court shall be $157,076 for the period beginning on January 1, 2019, and ending on June 30, 2020.

(b) On July 1, 2020, the annual salary of the Chief Justice of the Supreme Court, as adjusted under ORS 292.428 (Cost of living adjustment for judicial salaries) , shall be increased by $5,000.

(2) Intentionally left blank —Ed.

(a) The annual salary of each other judge of the Supreme Court shall be $154,040 for the period beginning on January 1, 2019, and ending on June 30, 2020.

(b) On July 1, 2020, the annual salary of each other judge of the Supreme Court, as adjusted under ORS 292.428 (Cost of living adjustment for judicial salaries) , shall be increased by $5,000. [2009 c.899 §2; 2013 c.722 §§42,42a; 2016 c.118 §12; 2018 c.98 §20; 2019 c.643 §16]

Note: See note under 292.311 (Governor, Secretary of State, State Treasurer, Attorney General, Commissioner of Bureau of Labor and Industries) .

Source: Section 292.411 — Supreme Court Chief Justice and judges , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 297.210 — OR Code / Title 28 / Chapter 297 / Section 297.210
297.210 Audits of accounts of state agencies and state-aided institutions and agencies
Status: in_force

(1) Intentionally left blank —Ed.

(a) The Secretary of State, as State Auditor, shall have the accounts and financial affairs of state departments, boards, commissions, institutions and state-aided institutions and agencies of the state reviewed or audited as the Secretary of State considers advisable or necessary.

(b) The Secretary of State, as State Auditor, may conduct performance audits of school districts and education service districts. For audits conducted under this paragraph:

(A) The Secretary of State shall identify by rule factors and standards by which the secretary will determine whether to initiate an audit as authorized under this paragraph or to enter into a contract with the Department of Education to conduct an audit as provided by ORS 327.141 (Financial or performance audit initiated by department) .

(B) Prior to initiating an audit, the Secretary of State shall:

(i) Give notice to the school district or the education service district of the secretary’s intent to initiate the audit; and

(ii) Provide the school district or the education service district with the opportunity to provide to the secretary any information related to the subject of the audit.

(C) Following the review of any information provided under subparagraph (B) of this paragraph, the Secretary of State may:

(i) Decline to proceed with the audit; or

(ii) Cause the audit to be conducted.

(D) The Secretary of State may charge a school district or an education service district for a portion of the costs incurred for an audit authorized by this paragraph. Amounts charged as provided by this subparagraph shall be in lieu of any amounts that may be charged as provided by ORS 297.230 (Estimate and payment of costs and expenses of audits) .

(c) The Secretary of State, as State Auditor, may conduct audits of the use of fund transfers from the state to counties, including but not limited to transfers of video lottery revenues, state highway funds, cigarette tax revenues and Oregon Liquor and Cannabis Commission funds.

(d) The Secretary of State may subpoena witnesses, require the production of books and papers and rendering of reports in such manner and form as the Secretary of State requires and may do all things necessary to secure a full and thorough investigation.

(e) The Secretary of State shall report, in writing, to the Governor. The report shall include a copy of the report on each audit.

(f) In addition to the report described in paragraph (e) of this subsection, the Secretary of State shall provide a report to a school district board or the board of directors of an education service district following an audit conducted as provided by paragraph (b) of this subsection.

(2) The Secretary of State may audit or review any institution or department of the state government at any time the executive head of the institution or department, for any reason, retires from the head’s office or position. The secretary need not conduct an audit or review under this subsection if:

(a) The institution or department has been the subject of an audit or review of financial controls within the six months immediately preceding the retirement of the executive head of the institution or department; or

(b) The secretary has not received a report within the 12 months immediately preceding the retirement of the executive head of the institution or department indicating that the executive head of the institution or department was unable or unwilling to follow state law, rules, policies or procedures.

(3) The Secretary of State shall employ auditors upon such terms and for such compensation as the Secretary of State determines are advantageous and advisable.

(4) If a person fails to comply with any subpoena issued under subsection (1) of this section, a judge of the circuit court of any county, on application of the Secretary of State, shall compel obedience by proceedings for contempt as in the case of disobedience of the requirements of a subpoena issued from the circuit court.

(5) If the Secretary of State determines during the conduct of any activity authorized under this chapter that fraud or other criminal activity may be occurring or may have occurred, the secretary shall notify the appropriate federal, state or local law enforcement agency of the potential fraud or other criminal activity. This subsection applies regardless of the source of any moneys that are involved or may be involved in the fraud or other criminal activity. [Amended by 1969 c.135 §1; 1971 c.748 §3; 1983 c.154 §1; 1987 c.143 §3; 1993 c.718 §4; 1997 c.157 §1; 2007 c.218 §3; 2007 c.839 §14; 2011 c.153 §1; 2011 c.647 §2; 2012 c.91 §1; 2015 c.66 §1; 2021 c.351 §20]

Source: Section 297.210 — Audits of accounts of state agencies and state-aided institutions and agencies; performance audits of school and education service districts; audits of state-to-county fund transfers; subpoena; audits on retirement of certain personnel; reporting of criminal activity; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 295.018 — OR Code / Title 28 / Chapter 295 / Section 295.018
295.018 Increase in required collateral of qualified depository
Status: in_force

(1) Intentionally left blank —Ed.

(a) Throughout the period that a qualified depository possesses uninsured public funds deposits, the State Treasurer may require the depository to maintain collateral, including securities on deposit with the depository’s custodians, that has a value not less than 110 percent of the greater of:

(A) All uninsured public funds the qualified depository holds; or

(B) The average of the balances of uninsured public funds the qualified depository holds, as shown on the last two immediately preceding treasurer reports.

(b) In consultation with the Director of the Department of Consumer and Business Services, the State Treasurer may permit a qualified depository to increase the depository’s collateral as required under paragraph (a) of this subsection over a period of time the State Treasurer specifies or may require a qualified depository to increase the depository’s collateral to an amount that is less than the amount specified in paragraph (a) of this subsection.

(2) The State Treasurer shall order an increase in collateral under subsection (1) of this section if the director so advises. If the qualified depository is a national bank, a federally chartered savings bank, a savings and loan association or a federal credit union, in giving advice to the State Treasurer the director may rely exclusively on information that the federal regulatory agencies and the bank, savings bank, association or federal credit union provide to the director on forms the director prescribes. As a condition of being analyzed and reviewed by the director, a national bank, a federally chartered savings bank, a savings and loan association or a federal credit union shall agree and consent to provide the director with accurate, pertinent and timely information.

(3) If the State Treasurer orders a qualified depository to increase the depository’s collateral under subsection (1) of this section, the State Treasurer shall give notice of the order to the director and the depository’s custodians within one business day after issuing the order.

(4) The director’s failure to inform the State Treasurer of the condition of any qualified depository does not give a public depositor any right or impose liability on the director. The State Treasurer is not liable to a public depositor or to a qualified depository for increasing or not increasing the collateral requirement as authorized in subsection (1) of this section.

(5) A qualified depository that the State Treasurer notifies of the increased collateral requirement shall:

(a) Within three business days after receiving the notice, submit to the State Treasurer the qualified depository’s plan to increase the depository’s collateral to the level the State Treasurer requires under subsection (1) of this section; and

(b) Within five business days after receiving approval of the plan the qualified depository submitted under paragraph (a) of this subsection, or within a longer period approved by the State Treasurer in coordination with the Department of Consumer and Business Services, increase the depository’s collateral to the level the State Treasurer requires under subsection (1) of this section.

(6) Intentionally left blank —Ed.

(a) If the qualified depository does not increase the depository’s collateral to the level the State Treasurer requires under subsection (1) of this section within the applicable period under subsection (5)(b) of this section, the State Treasurer shall immediately send, to each public official who has notified the State Treasurer that the public official has public funds on deposit in that depository, notice that the depository has failed to comply.

(b) If, after giving notice as required by paragraph (a) of this subsection, the State Treasurer receives notice that the qualified depository has complied with the increased collateral requirements, the State Treasurer shall notify each public official that the State Treasurer notified under paragraph (a) of this subsection that the depository has complied.

(7) A qualified depository that does not comply with subsection (5) of this section may not accept additional uninsured public funds deposits.

(8) Records the State Treasurer receives or compiles that contain the collateralization requirement for a depository and the amount of collateral a custodian holds are exempt from public disclosure unless the public interest requires disclosure in the particular instance.

(9) The State Treasurer may require a qualified depository that must increase the depository’s collateral under subsection (5) of this section to file the reports required under ORS 295.061 (Treasurer reports) (3). [1975 c.515 §2; 1981 c.440 §1; 1985 c.762 §182; 1987 c.373 §§28a,28b; 1987 c.554 §1; 1989 c.171 §41; 1991 c.327 §1; 2007 c.871 §18; 2009 c.821 §7; 2010 c.101 §8; 2017 c.500 §4; 2019 c.587 §11]

Source: Section 295.018 — Increase in required collateral of qualified depository; notifications; failure to increase collateral , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.052 — OR Code / Title 28 / Chapter 294 / Section 294.052
294.052 Definitions
Status: in_force

(1) As used in this section:

(a) “Bond” has the meaning given that term in ORS 287A.001 (Definitions for ORS chapter 287A) .

(b) “Municipality” means a unit of local government within Oregon including, but not limited to, cities, counties, school districts, special districts, public corporations and intergovernmental corporations organized under the authority of ORS 190.010 (Authority of local governments to make intergovernmental agreement) .

(2) Notwithstanding ORS 294.135 (Investment maturity dates) or 294.145 (Prohibited conduct for custodial officer) or any other law or charter provision, a municipality may invest proceeds of bonds and amounts held in a bond payment reserve or proceeds fund or account in float agreements, debt service deposit agreements, forward investment agreements, guaranteed investment contracts or other investment agreements if the agreements or contracts:

(a) Produce a guaranteed rate of return;

(b) Are fully collateralized by direct obligations of, or obligations guaranteed by, the United States; and

(c) Require that the collateral be held by the municipality, an agent of the municipality or a third-party safekeeping agent. [1999 c.559 §21; 2001 c.537 §7; 2007 c.783 §117]

Source: Section 294.052 — Definitions; investment by municipality of proceeds of bonds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.835 — OR Code / Title 28 / Chapter 294 / Section 294.835
294.835 Standard of care
Status: in_force

(1) In investing and reinvesting moneys in the investment pool and in acquiring, retaining, managing and disposing of investments of the investment pool there shall be exercised the judgment and care under the circumstances then prevailing, which individuals of prudence, discretion and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital. Within the limitations of the foregoing standard and subject to subsection (2) of this section, there may be acquired, retained, managed and disposed of as investments of the investment pool every kind of investment which individuals of prudence, discretion and intelligence acquire, retain, manage and dispose of for their own account.

(2) Notwithstanding subsection (1) of this section, moneys in the investment pool may not be invested in the stock of any company, association or corporation. [1973 c.748 §8; 1979 c.608 §4; 2005 c.294 §2]

Source: Section 294.835 — Standard of care; investment in certain stocks prohibited , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.047 — OR Code / Title 28 / Chapter 294 / Section 294.047
294.047 Loss of principal on liquidation of investments
Status: in_force

Whenever the custodial officer is forced to liquidate investments made pursuant to ORS 294.035 (Investment of funds of political subdivisions) and 294.040 (Restriction on investments under ORS 294.035) to meet current cash demands and such liquidation results in a loss of invested principal because the securities were liquidated prior to maturity under market conditions unfavorable to such liquidation, the loss shall be charged against current or future investment earnings and the custodial officer shall not be personally liable to make good such loss. [1959 c.612 §1; 1963 c.465 §1; 1975 c.359 §5]

Source: Section 294.047 — Loss of principal on liquidation of investments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.238 — OR Code / Title 28 / Chapter 291 / Section 291.238
291.238 Expenditures without allotment prohibited
Status: in_force

(1) Except as expressly authorized in this section or ORS 291.236 (Application of allotment system) , no person shall incur, or order or vote to incur, any obligation against the state in excess of, or make or order or vote to make any expenditure not authorized by, an allotment. Any such obligation so incurred shall not be binding against the state, but where the obligation violates this section only for having been made in excess of an allotment, the Oregon Department of Administrative Services may authorize payment thereof from unallotted funds.

(2) Excepting as to administrative expenditures from dedicated, revolving and trust funds and to revolving funds established to provide services rendered by any state agency to other state agencies or to any body politic of the State of Oregon, expenditures from dedicated funds, revolving funds and trust funds may be made by any state agency without appropriation or allotment.

(3) No person shall make or order or vote to make any expenditure from or chargeable to a revolving fund or trust fund in excess of the amount standing to the credit of such fund or for any purpose for which such fund may not lawfully be expended.

Source: Section 291.238 — Expenditures without allotment prohibited; expenditures from dedicated, revolving and trust funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.462 — OR Code / Title 28 / Chapter 293 / Section 293.462
293.462 Payment of overdue account charges
Status: in_force

(1) It is the policy of the State of Oregon to pay any overdue account charges incurred by state agencies which do not promptly pay for goods and services provided by private businesses.

(2) The overdue account charges to be paid under this section shall be the same as the usual overdue account charges to the general clientele of the vendor.

(3) Moneys appropriated from the General Fund to an agency or the establishment of maximum limits for expenditures of an agency authorized to procure goods or services from private businesses shall be used to pay overdue account charges incidental to procurement of the goods or services at the rate of two-thirds of one percent per month, but not more than eight percent per annum on overdue claims.

(4) Overdue claims shall be those that have not been paid within 45 days from the latest of the following dates: The date of the receipt of the invoice, the date of the initial billing statement if no invoice is received, or the date the claim is made certain by agreement of the parties or by operation of law. However, overdue account charges shall not accrue on any purchases made by any state agency during time of civil emergency or in the event of a natural disaster which prevents the timely payment of accounts. In such instances accounts shall be paid in as timely a manner as possible.

(5) Where claims have been paid, the date of the check or warrant in payment of the claims shall be used to determine if the claim has been paid in a timely manner. It shall be rebuttably presumed that the check or warrant was correctly dated.

(6) Moneys for payment of overdue account charges shall not be provided in any agency request budget, but agencies may make special requests to provide moneys for such charges, separately from other budget requests in accordance with rules adopted by the Oregon Department of Administrative Services.

(7) In the event overdue account charges cannot lawfully be paid from federal funds, then such charges shall be paid from any moneys available to the agency for payment of administrative expenses. If other moneys are not available to pay overdue account charges, the agency shall submit to the Legislative Assembly during a legislative session or to the Emergency Board during the interim between legislative sessions a request for moneys to pay these charges. [1979 c.406 §2; 2016 c.117 §52]

Source: Section 293.462 — Payment of overdue account charges; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.250 — OR Code / Title 28 / Chapter 294 / Section 294.250
294.250 Publication by county governing body of schedule of expenditures and statement of proceedings
Status: in_force

(1) The county governing body of each county shall cause to be made out and published at the expense of the county not later than the last day of each month a schedule of those expenditures of the county which singly exceed $500 for the previous month. The schedule shall also include expenditures made to claimants who receive in excess of $500 for the previous month in return for a combination of articles or services which individually cost less than $500. The publication shall also include a concise statement of the proceedings of the governing body in the transaction of county business entered of record during the previous month.

(2) The schedule of expenditures shall state the names of all claimants, the general purpose of the article or service for which payment is claimed in each bill and the amount ordered paid. The statement of proceedings shall be a true reflection of actions taken at any public meeting of the county governing body.

(3) Except as otherwise provided in this subsection, the county shall not be required to publish any claim for personal services of regular county officers and employees occupying budgeted positions. Once each year the county shall publish the actual individual gross monthly salary of all regular officers and employees occupying budgeted positions. The county shall identify each budgeted position by the title of the position.

(4) The publications required under subsection (1) of this section shall not apply to any counties having a tax supervising and conservation commission.

(5) The publications required under subsection (1) of this section shall be made by posting, singly or in any combination:

(a) In the county courthouse.

(b) At public libraries in the county.

(c) On the Internet.

(6) The county shall also publish at least once each month in a newspaper of general circulation in the county, on the Internet, or both, a notice stating:

(a) That the information required to be published under this section is posted and available for review;

(b) The locations where it may be viewed; and

(c) That copies of all or part of the posted information may be obtained from the county upon request and upon payment of a fee not exceeding the actual costs incurred by the county in making copies of the posted information. [Amended by 1963 c.360 §1; 1979 c.651 §1; 1987 c.435 §1; 1991 c.285 §1; 2011 c.172 §1; 2013 c.217 §1]

Source: Section 294.250 — Publication by county governing body of schedule of expenditures and statement of proceedings; manner of publication; notice , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.471 — OR Code / Title 28 / Chapter 294 / Section 294.471
294.471 Supplemental budget in certain cases
Status: in_force

(1) Notwithstanding requirements as to estimates of and limitation on expenditures, during the fiscal year or budget period for which the original budget was adopted, the governing body of a municipal corporation may make one or more supplemental budgets under any of the following circumstances:

(a) An occurrence or condition that is not ascertained when preparing the original budget or a previous supplemental budget for the current year or current budget period and that requires a change in financial planning.

(b) A pressing necessity that could not reasonably be foreseen when preparing the original budget or a previous supplemental budget for the current year or current budget period and that requires prompt action.

(c) Funds that are made available by another unit of federal, state or local government and the availability of which could not reasonably be foreseen when preparing the original budget or a previous supplemental budget for the current year or current budget period.

(d) A request for services or facilities the cost of which is to be supplied by a private individual, corporation or company or by another governmental unit and the amount of which could not be accurately estimated when preparing the original budget or a previous supplemental budget for the current year or current budget period.

(e) Proceeds from the involuntary destruction, involuntary conversion, or sale of property that necessitates the immediate purchase, construction or acquisition of different facilities in order to carry on governmental operations.

(f) Ad valorem property taxes that are received during the fiscal year or budget period in an amount sufficiently greater than the amount estimated to be collected such that the difference will significantly affect the level of government operations to be funded by the taxes as provided in the original budget or a previous supplemental budget for the current year or current budget period.

(g) A local option tax described in ORS 294.476 (Local option tax or bond measure approved after adoption of budget) that is certified for extension on the assessment and tax roll under ORS 310.060 (Notice certifying taxes) for the fiscal year or budget period in which the local option tax measure is approved by voters.

(h) A reduction in available resources that requires the governing body to reduce appropriations in the original budget or a previous supplemental budget for the current year or current budget period.

(i) The original budget of the municipal corporation adopted under ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) did not include estimated requirements to pay debt service pursuant to ORS 294.477 (Inclusion in budget of estimated requirements for bonds approved at May election) or the actual requirements are different from the estimated requirements included in the original budget or a previous supplemental budget.

(2) A supplemental budget may not extend beyond the end of the fiscal year or budget period during which it is submitted.

(3) Intentionally left blank —Ed.

(a) If the amended estimated expenditures contained in an individual fund that is being changed by a supplemental budget differ by 10 percent or less from the expenditures in the budget as most recently amended prior to the supplemental budget, the governing body of the municipal corporation may adopt the supplemental budget at a regular meeting of the governing body.

(b) Notice of a regular meeting convened pursuant to paragraph (a) of this subsection, including a statement that a supplemental budget will be considered at the meeting, must be published not less than five days before the meeting.

(c) Additional expenditures contained in a supplemental budget described in this subsection may not be made unless the governing body of the municipal corporation enacts appropriation ordinances or resolutions authorizing the expenditures. The ordinances or resolutions must state the need for and the purpose and amount of the appropriation.

(4) Except as provided in ORS 294.476 (Local option tax or bond measure approved after adoption of budget) , the making of a supplemental budget does not authorize the governing body to increase the municipal corporation’s total ad valorem property taxes above the amount or rate published with the regular budget and certified to the assessor under ORS 310.060 (Notice certifying taxes) in conjunction with the regular budget for the fiscal year or for each fiscal year of the budget period to which the supplemental budget applies. [Formerly 294.480; 2013 c.420 §4; 2017 c.26 §3]

Source: Section 294.471 — Supplemental budget in certain cases; no increase in property taxes permitted , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.870 — OR Code / Title 28 / Chapter 294 / Section 294.870
294.870 Separate accounts for public bodies
Status: in_force

(1) The investment officer shall keep, for each public body with funds in the investment pool, a separate account, which shall record the individual amounts and the totals of all investments of its moneys in the investment pool.

(2) The investment officer shall report monthly to the local government official or tribal government official of a public body with funds in the investment pool the changes in its account made during the preceding month for the investment pool. The investment officer shall also furnish a financial report monthly to each participating governmental unit investor in the investment pool. The financial report shall include, but not be limited to, such comparative data for the preceding six months operation of the investment pool as will provide a basis for analyzing trends and comparing operating results and financial position. A monthly statement shall be distributed within 30 days after the end of that month. [1973 c.748 §§14,15; 1979 c.608 §5; 1989 c.569 §4; 2007 c.783 §122b; 2013 c.338 §7]

Source: Section 294.870 — Separate accounts for public bodies; reports on investment changes and monthly financial statements required , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.632 — OR Code / Title 28 / Chapter 294 / Section 294.632
294.632 Commission calculation and report of costs
Status: in_force

(1) Not later than August 30 of each year, the tax supervising and conservation commission shall calculate the net cost of commission operations for the preceding fiscal year. The calculation shall include:

(a) Actual expenditures paid out of the tax supervising and conservation commission account established in ORS 294.630 (Tax supervising and conservation commission account) , other than expenditures of funds described in ORS 294.630 (Tax supervising and conservation commission account) (3);

(b) A provision for the cost to the county of providing office space for use by the commission, as required by ORS 294.620 (Office of commission) ; and

(c) A deduction for an estimate of the amount received by the county under ORS 294.175 (Definitions) to 294.187 (County Assessment and Taxation Fund) attributable to the expenditures in the grant submitted by the county for activities, functions or services of the tax supervising and conservation commission.

(2) Municipal corporations, other than the county, that are within the county and that are subject to the jurisdiction of a tax supervising and conservation commission shall reimburse the county 50 percent of the net costs calculated under subsection (1) of this section. The amounts allocable to each municipal corporation required to reimburse the county under this subsection shall be determined as follows:

(a) Intentionally left blank —Ed.

(A) Fifty percent of the amount allocated shall be based on the taxes imposed for the preceding fiscal year for taxes certified to the county assessor under ORS 310.060 (Notice certifying taxes) (2)(a) from the permanent rate limitations of the municipal corporations after reductions necessary to comply with Article XI, section 11b, of the Oregon Constitution, and funds raised pursuant to the notice provided to the county assessor under ORS 457.440 (Computation of amounts to be raised from property taxes) (2) for an urban renewal agency located in a municipal corporation subject to this subsection.

(B) The amount allocated under this paragraph shall be prorated based on each municipal corporation’s share of the total tax imposed from the permanent rate limitation of municipal corporations that are subject to the jurisdiction of the tax supervising and conservation commission.

(C) A minimum amount of $250 shall be allocated to any municipal corporation under this paragraph.

(D) Municipal corporations that do not levy ad valorem taxes are exempt from proration under this paragraph.

(b) Intentionally left blank —Ed.

(A) Fifty percent of the amount allocated shall be based on the expenditures, as defined in ORS 294.311 (Definitions for ORS 294.305 to 294.565) , for the current fiscal year for each municipal corporation required to reimburse the county under this subsection.

(B) The amount allocated under this paragraph shall be prorated based on each municipal corporation’s share of the total expenditures for those municipal corporations that are under the jurisdiction of the tax supervising and conservation commission.

(C) A minimum amount of $250 shall be allocated to any municipal corporation under this paragraph.

(D) Municipal corporations with budgeted expenditures of $50,000 or less and urban renewal agencies formed under ORS chapter 457 are exempt from proration under this paragraph.

(E) If a municipal corporation has adopted a biennial budget, the calculation of the proration under this paragraph shall use fiscal year expenditures. If the budget document adopted by the municipal corporation does not indicate fiscal year expenditures, then 45 percent of the biennial expenditures shall be used for the proration in the first fiscal year of the municipal corporation’s budget period and 55 percent of the biennial expenditures shall be used for the proration in the second year of the budget period.

(3) Not later than August 30 of each fiscal year, the tax supervising and conservation commission shall distribute to each municipal corporation an accounting of the calculations under this section showing:

(a) The net costs under subsection (1) of this section;

(b) The 50 percent of net costs allocable to municipal corporations, except the county, under subsection (2) of this section; and

(c) The amounts prorated to each municipal corporation under subsection (2) of this section.

(4) Not later than September 15 of each fiscal year, the tax supervising and conservation commission shall send to the county tax collector, or other county official responsible for preparing the percentage schedule under ORS 311.390 (Tax and interest distribution percentage schedule) , a list of municipal corporations subject to proration under this section and the amounts prorated under this section.

(5) If a municipal corporation subject to proration under this section does not certify a property tax to the county assessor under ORS 310.060 (Notice certifying taxes) , the county shall, not later than November 30 of each year, send the municipal corporation a billing for the amount prorated and owed to the county under this section. [2009 c.596 §2; 2019 c.46 §2]

Source: Section 294.632 — Commission calculation and report of costs; municipal corporation reimbursement of commission costs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.226 — OR Code / Title 28 / Chapter 293 / Section 293.226
293.226 Use of Social Security numbers for state agency debt collection activities
Status: in_force

(1) Subject to subsection (2) of this section, a state agency may request that a person voluntarily supply the person’s Social Security number for use in collecting debts owed to the State of Oregon on any document relating to any monetary obligation or transaction. A state agency that so requests shall include on the document a notice disclosing that the Social Security number is requested for and may be used for state agency debt collection activities.

(2) The Oregon Department of Administrative Services shall adopt rules:

(a) Specifying the form of the notice, including provisions specifying when the notice must state whether the disclosure of a Social Security number is voluntary or mandatory; and

(b) Setting procedures for the sharing of Social Security numbers between state agencies, and between the Department of Revenue and private collection agencies, for the purpose of collecting debts owed state agencies.

(3) If a person is required to provide the person’s Social Security number to a state agency under federal or state law for purposes other than collection of a debt owed to the State of Oregon, the agency may not use the Social Security number for debt collection purposes, except:

(a) When the agency requests that the person voluntarily disclose the person’s Social Security number for the purpose of collecting debts owed to the State of Oregon, the agency provides the notice required under subsection (1) of this section and the person subsequently voluntarily provides the person’s Social Security number; or

(b) When otherwise allowed under state or federal law.

(4) A state agency, the Department of Revenue or a private collection agency that is collecting a liquidated and delinquent account may use a Social Security number collected under this section, or collected as otherwise allowed by law, to collect any debt owed a state agency or local government by the person associated with the Social Security number.

(5) Nothing in this section authorizes a state agency, the Department of Revenue or a private collection agency that is collecting a liquidated and delinquent account to use or disclose a Social Security number for any reason other than a reason specified in this section.

(6) Rules adopted under subsection (2) of this section do not apply to the judicial department as defined in ORS 174.113 (“Judicial department” defined) , the Secretary of State or the State Treasurer.

(7) Intentionally left blank —Ed.

(a) As used in this section, “state agency” means any state officer, board, commission, corporation, institution, department or other state organization.

(b) Notwithstanding ORS 182.460 (Statutory provisions applicable to semi-independent state agencies) , 284.118 (Commission exempt from certain financial administration laws) , 284.375 (Applicability of other laws) , 377.836 (Application of certain statutes to Travel Information Council) , 421.352 (Applicability of certain statutes to Oregon Corrections Enterprises) , 656.753 (State Accident Insurance Fund Corporation exempt from certain financial administration laws) and 757.552 (Duties of center) , “state agency” includes semi-independent state agencies listed in ORS 182.454 (Semi-independent state agencies) , the Oregon Tourism Commission, the Oregon Film and Video Office, the Travel Information Council, the Children’s Trust Fund of Oregon Foundation, Oregon Corrections Enterprises, the State Accident Insurance Fund Corporation and the Oregon Utility Notification Center. [2015 c.766 §1; 2017 c.746 §17; 2019 c.278 §14]

Note: 293.226 (Use of Social Security numbers for state agency debt collection activities) 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 293.226 — Use of Social Security numbers for state agency debt collection activities; disclosure notice; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.370 — OR Code / Title 28 / Chapter 293 / Section 293.370
293.370 Use of facsimile signatures by department and state agencies
Status: in_force

(1) The Oregon Department of Administrative Services may cause any warrant drawn by it, and any other state agency authorized by law to draw warrants may cause any warrant drawn by the state agency, to be signed by facsimile signature affixed by any mechanical equipment or device. The State Treasurer shall honor any warrant presented for payment so signed by facsimile signature as if signed manually.

(2) Where the use of facsimile signatures is authorized under this section, the holder or drawee of any warrant 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. [1967 c.454 §28; 1997 c.122 §2]

Source: Section 293.370 — Use of facsimile signatures by department and state agencies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.825 — OR Code / Title 28 / Chapter 293 / Section 293.825
293.825 Policy for engagement with investment managers with investments in scrutinized companies
Status: in_force

(1) 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) , the State Treasurer shall adopt a statement of policy that describes a process of engagement with managers who:

(a) Are engaged by the Oregon Investment 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; and

(b) Have invested such funds in scrutinized companies.

(2) The policy required under subsection (1) of this section must require the State Treasurer, to the extent practicable, to identify and send a written notice to the managers described in subsection (1) of this section. The notice shall encourage the managers, 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:

(a) Notify scrutinized companies with which the managers have made investments of the State Treasurer’s policy adopted pursuant to subsection (1) of this section; and

(b) Not later than 90 days after giving the notice, end investments in the scrutinized companies and avoid future investments in the scrutinized companies, as long as the managers may do so without monetary loss through reasonable, prudent and productive investments in companies generating returns that are comparable to the returns generated by the scrutinized companies.

(3) A notice provided by a manager to a scrutinized company under subsection (2) of this section shall advise the scrutinized company that the company may comment in writing to the State Treasurer to dispute the identification of the company as a scrutinized company.

(4) If the State Treasurer determines under subsection (3) of this section that a company is not a scrutinized company, the State Treasurer shall notify the relevant manager of the State Treasurer’s determination.

(5) The State Treasurer shall advise the Oregon Investment Council of a notice the State Treasurer provides under subsection (2) of this section if the manager to whom the notice was given has not informed the State Treasurer within 180 days after the date the notice was given that the manager has ended the manager’s investment in scrutinized companies or plans to divest from its investment in scrutinized companies. [2013 c.722 §70]

Source: Section 293.825 — Policy for engagement with investment managers with investments in scrutinized companies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.608 — OR Code / Title 28 / Chapter 294 / Section 294.608
294.608 Populous counties
Status: in_force

(1) The governing body of a county with a population of 500,000 or more inhabitants, based on the most recently available data published or officially provided by the Portland State University Population Research Center, shall:

(a) Establish a tax supervising and conservation commission under ORS 294.710 (Procedures for establishing commission) ; or

(b) Require each municipal corporation that would be under the jurisdiction of a tax supervising and conservation commission if a commission were established in the county under paragraph (a) of this subsection to submit to the county a financial summary of the proposed budget in the format required under ORS 294.438 (Publication of notice of meeting, financial summary and budget summary) .

(2) A municipal corporation required to submit a financial summary of the municipal corporation must comply with the requirement before the date of the first budget committee meeting of the municipal corporation under ORS 294.426 (Budget committee meeting) .

(3) Intentionally left blank —Ed.

(a) The financial summary submitted to the county under this section must be in an electronic format that is compatible with Internet publication.

(b) The county shall publish all financial summaries received from municipal corporations under this section on the Internet website of the county. [2005 c.750 §7; 2011 c.473 §25]

Source: Section 294.608 — Populous counties; establishment of tax supervising and conservation commission or submission of financial summary , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.736 — OR Code / Title 28 / Chapter 293 / Section 293.736
293.736 Duties of investment officer
Status: in_force

(1) Except as provided in ORS 293.741 (Council may contract with others to perform investment officer functions) , in amounts available for investment purposes and subject to the policies formulated by the Oregon Investment Council, the investment officer shall invest and reinvest moneys in the investment funds and acquire, retain, manage, including exercise of any voting rights, and dispose of investments of the investment funds.

(2) Subject to the direction of the council, the investment officer shall perform the functions described in subsection (1) of this section with respect to the investment in mutual funds of moneys in the Deferred Compensation Fund. The council must approve all mutual funds in which Deferred Compensation Fund moneys are invested. [1967 c.335 §9; 1997 c.179 §23; 2005 c.295 §1]

Source: Section 293.736 — Duties of investment officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.316 — OR Code / Title 28 / Chapter 294 / Section 294.316
294.316 Exclusions from scope
Status: in_force

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) do not apply to the following municipal corporations and entities:

(1) Drainage districts organized under ORS chapter 547;

(2) District improvement companies organized under ORS chapter 554;

(3) Highway lighting districts organized under ORS chapter 372;

(4) Irrigation districts organized under ORS chapter 545;

(5) Road districts organized under ORS chapter 371;

(6) Soil and water conservation districts organized under ORS chapter 568 that will not levy an ad valorem tax during the ensuing year or ensuing budget period;

(7) Municipal public utilities operating under separate boards or commissions, authorized under ORS chapter 225 and city charters, and people’s utility districts organized under ORS chapter 261, both operating without ad valorem tax support during the ensuing year or ensuing budget period;

(8) Housing authorities created under ORS 456.055 (Definitions for ORS 456.055 to 456.235) to 456.235 (Dissolution of housing authorities) that are not carrying out urban renewal activities using a division of ad valorem taxes under ORS 457.440 (Computation of amounts to be raised from property taxes) during the ensuing year or ensuing budget period;

(9) Water control districts organized under ORS chapter 553 that will not levy an ad valorem tax during the ensuing year or ensuing budget period;

(10) Hospital financing authorities organized under ORS 441.525 (Definitions for ORS 441.525 to 441.595) to 441.595 (Construction of ORS 441.525 to 441.595) ;

(11) Export trading corporations organized under ORS 777.755 (Legislative findings and policy) to 777.800 (Annual report) ;

(12) Diking districts organized under ORS chapter 551;

(13) Health districts organized under ORS 440.315 (Definitions for ORS 440.315 to 440.410) to 440.410 (Annual audit) ;

(14) Intergovernmental entities created under ORS 190.010 (Authority of local governments to make intergovernmental agreement) , including councils of governments described in ORS 294.900 (“Council of governments” defined) to 294.930 (Authority of Department of Revenue) , except that an intergovernmental entity or a council of governments that proposes to impose ad valorem property taxes for the ensuing year or budget period is subject to ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) for the budget prepared for that year or period; and

(15) Historic ghost towns as defined in ORS 221.862 (“Historic ghost town” defined) . [1963 c.576 §35; 1965 c.451 §1; 1979 c.621 §8a; 1979 c.686 §9; 1981 c.918 §5; 1983 c.200 §18; 1985 c.361 §1; 1999 c.632 §2; 2001 c.135 §4; 2001 c.251 §3; 2003 c.235 §2; 2017 c.26 §4]

Source: Section 294.316 — Exclusions from scope , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.034 — OR Code / Title 28 / Chapter 295 / Section 295.034
295.034 Withdrawal of inadequately collateralized funds
Status: in_force

(1) Within 15 business days after a public official receives a notice from the State Treasurer pursuant to ORS 295.018 (Increase in required collateral of qualified depository) (6)(a), 295.031 (Notice to public officials regarding adequacy of collateral) (1) or 295.061 (Treasurer reports) (4)(a), the public official shall withdraw from the qualified depository to which the notice applies all uninsured public funds deposits.

(2) If a public official receives a notice from the State Treasurer pursuant to ORS 295.018 (Increase in required collateral of qualified depository) (6)(a), 295.031 (Notice to public officials regarding adequacy of collateral) (1) or 295.061 (Treasurer reports) (4)(a), beginning 15 business days after the public official receives the notice, the public official may not deposit into the qualified depository to which the notice applies any public funds that, as a result of the deposit, would be uninsured public funds deposits. The prohibition on deposits continues until the public official receives notice under ORS 295.018 (Increase in required collateral of qualified depository) (6)(b), 295.031 (Notice to public officials regarding adequacy of collateral) (2) or 295.061 (Treasurer reports) (4)(b) indicating that the depository is in compliance with ORS 295.013 (Custodian’s receipt) , 295.018 (Increase in required collateral of qualified depository) or 295.061 (Treasurer reports) , as applicable.

(3) Except as required by any applicable law or regulation, a qualified depository may not impose an early withdrawal penalty or a forfeiture of interest with respect to a withdrawal that a public official makes pursuant to this section. [2007 c.871 §3; 2009 c.821 §9; 2010 c.101 §10; 2019 c.587 §14]

Source: Section 295.034 — Withdrawal of inadequately collateralized funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 293.455 — OR Code / Title 28 / Chapter 293 / Section 293.455
293.455 Refusal of payment of unpresented checks
Status: in_force

(1) After October 1, the State Treasurer may refuse payment of the unpresented checks or orders included in the report referred to in ORS 293.450 (Report of checks outstanding more than two years) . The State Treasurer shall:

(a) Transfer and credit the amounts of the unpresented checks or orders dedicated for general funding to the General Fund.

(b) Transfer all other funds to the Unclaimed Property and Estates Fund.

(c) Transfer and credit the amounts of the unpresented checks issued under ORS chapters 316 and 317 to the Unclaimed Property and Estates Fund.

(2) In each instance, the State Treasurer shall issue an official receipt for the amount so transferred or credited. [Formerly 291.512; 1967 c.454 §64; 1981 c.188 §1; 1993 c.694 §31; 1995 c.340 §1; 1997 c.86 §§3,4; 2019 c.678 §62; 2021 c.424 §17]

Source: Section 293.455 — Refusal of payment of unpresented checks; duties of State Treasurer in transferring funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.276 — OR Code / Title 28 / Chapter 291 / Section 291.276
291.276 Department allocation of governmental service expenses among state agencies
Status: in_force

(1) With respect to each biennium beginning on July 1 of an odd-numbered year, the Oregon Department of Administrative Services shall allocate among all state agencies the governmental service expenses, as determined by the department in accordance with ORS 291.272 (Definitions for ORS 291.272 to 291.278) , for the biennium ending two years prior to the beginning of the biennium for which the allocation is made.

(2) The department, in accordance with the procedures and methods prescribed under subsection (3) of this section, shall determine and may at any time redetermine the reasonable share of governmental service expenses to be assessed against any fund or appropriation. Such expenses shall be a charge against any fund so designated and be considered an administrative expenditure of the agency administering the fund or appropriation.

(3) The department, with the approval of the Governor, shall prepare and prescribe the procedures and methods used in determining and redetermining the reasonable share of governmental service expenses assessed against any fund or appropriation.

(4) The department, with the approval of the Governor, may make rules necessary or proper to carry out the duties imposed upon it by ORS 291.272 (Definitions for ORS 291.272 to 291.278) to 291.278 (Transfer of allocated amounts) .

(5) The computation required by subsection (1) of this section shall be made by the department in advance of the biennium with respect to which the allocation is to be made. [1967 c.637 §4; 1969 c.105 §1; 2005 c.22 §213; 2016 c.117 §29]

Source: Section 291.276 — Department allocation of governmental service expenses among state agencies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.956 — OR Code / Title 28 / Chapter 292 / Section 292.956
292.956 Methodology for determining comparability of value of work
Status: in_force

For purposes of analyzing the state’s classification and compensation system to assess progress in achieving policies stated in ORS 240.190 (Policy on comparability of value of work and compensation and classification) , and for the purpose of determining undervalued jobs in need of wage adjustments, the Oregon Department of Administrative Services, the Chief Justice of the Supreme Court and the Legislative Administration Committee shall by rules, pursuant to ORS chapter 183, adopt a neutral and objective method of determining the comparability of the value of work as defined in ORS 292.951 (Definitions for ORS 292.951 to 292.971) (1). [1987 c.772 §3; 1991 c.842 §7]

Note: See note under 292.951 (Definitions for ORS 292.951 to 292.971) .

Source: Section 292.956 — Methodology for determining comparability of value of work; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 291.351 — OR Code / Title 28 / Chapter 291 / Section 291.351
291.351 Certification of costs
Status: in_force

If, based on the report made under ORS 291.349 (Revenue estimate) (2), an amount will be credited under ORS 291.349 (Revenue estimate) (4), the Department of Revenue shall certify the costs that are incurred in calculating and administering the credits under ORS 291.349 (Revenue estimate) (4). The amount of the costs certified by the department under this section may not exceed $250,000. Costs shall be certified by the department within 15 days of the date the report under ORS 291.349 (Revenue estimate) (2) is made. As used in this section, “costs” means and is limited to those costs that, absent the requirement of providing credits under ORS 291.349 (Revenue estimate) (4), would not be incurred by the department. [1995 c.815 §4; 1999 c.23 §2; 2011 c.299 §3]

Note: 291.351 (Certification of costs) was enacted into law by the Legislative Assembly but was 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 291.351 — Certification of costs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.055 — OR Code / Title 28 / Chapter 294 / Section 294.055
294.055 Use by counties of moneys received from federal government under the Mineral Leasing Act
Status: in_force

All funds received from the United States Government under the Mineral Leasing Act and Acts amendatory thereof and distributed to counties pursuant to ORS 293.565 (Apportionment among counties of moneys received from federal government under Mineral Lands Leasing Act) shall be used for the support of public schools or for the construction and maintenance of public roads in such counties.

Source: Section 294.055 — Use by counties of moneys received from federal government under the Mineral Leasing Act , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.408 — OR Code / Title 28 / Chapter 294 / Section 294.408
294.408 Time of making budget message and document
Status: in_force

The budget message and budget document shall be prepared a sufficient length of time in advance to allow the adoption of the budget by the close of the current fiscal year or current budget period. [Formerly 294.396]

Source: Section 294.408 — Time of making budget message and document , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.495 — OR Code / Title 28 / Chapter 293 / Section 293.495
293.495 Procedure for payment
Status: in_force

(1) Payment authorized by ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) may be made only upon receipt by the State Treasurer or other state officer authorized to disburse moneys due the decedent of an affidavit from one of the survivors in a group of survivors listed in ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) (3), that:

(a) The decedent died testate or intestate, as the case may be.

(b) The estate of the decedent will not be probated.

(c) The aggregate sums due the decedent from the State of Oregon, except for salary or wages, do not exceed the principal sum of $10,000.

(d) The relationship of the claimants to the decedent is described in ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) (3), specifying the particular relationship of each claimant; that there is no other survivor in the group that includes the claimants; and that there is no survivor in any group preceding the group that includes the claimants as listed in ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) (3).

(e) The expenses of last illness and funeral of the decedent will be paid out of the moneys so paid by the State Treasurer or other disbursing officer, to the full amount thereof, if necessary.

(2) The State Treasurer or other officer making disbursement shall be under no obligation to determine the truth of the affidavit. The payment of the amount due such decedent, made in good faith to the claimants, shall constitute a full acquittance and release of the State Treasurer or other disbursing officer for the amount so paid.

(3) In the event that a warrant, check or order has been lost, stolen or destroyed, the proper survivors, as specified in ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) , may obtain payment of the amount thereof by filing with the State Treasurer or other disbursing officer a written statement in accordance with ORS 293.475 (Issuance of duplicate instrument) . [Formerly 291.528; 1965 c.401 §2; 1979 c.763 §5; 1981 c.594 §8; 1999 c.59 §76]

Source: Section 293.495 — Procedure for payment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.423 — OR Code / Title 28 / Chapter 294 / Section 294.423
294.423 Governing body of certain municipal corporations to be budget committee
Status: in_force

(1) The governing body of each municipal corporation having a population exceeding 200,000 and that is located in a county having a tax supervising and conservation commission shall be the budget committee for the municipal corporation unless the governing body of the municipal corporation elects by resolution to create a budget committee as provided in ORS 294.414 (Budget committee) .

(2) The governing body of a city with a population of more than 400,000 is the budget committee of an urban renewal agency created by the city under ORS 457.035 (Urban renewal agencies) . [Formerly 294.341]

Source: Section 294.423 — Governing body of certain municipal corporations to be budget committee; exception , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.746 — OR Code / Title 28 / Chapter 293 / Section 293.746
293.746 Opinion of bond attorney or Attorney General
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 funds 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 funds. 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) . [1967 c.335 §11; 2003 c.794 §249]

Source: Section 293.746 — Opinion of bond attorney or Attorney General; investment counseling and mortgage services , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.026 — OR Code / Title 28 / Chapter 291 / Section 291.026
291.026 Examining agency records and financial affairs
Status: in_force

For the purposes of carrying out its duties, powers and functions, the Oregon Department of Administrative Services may examine the records, files, documents, accounts and financial affairs of any state agency, and shall have the right of access for that purpose. During business hours the department may examine the accounts of any state agency in any depository which has state funds in its custody. [Formerly 291.562]

Source: Section 291.026 — Examining agency records and financial affairs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 297.070 — OR Code / Title 28 / Chapter 297 / Section 297.070
297.070 Performance audits
Status: in_force

(1) Performance audits of all state departments, boards, commissions, institutions and state-aided institutions and agencies conducted by the Division of Audits shall be based on standards for audit services established by nationally recognized entities including, but not limited to, the United States Government Accountability Office.

(2) The Secretary of State may subpoena witnesses, may require the production of books and papers and rendering of reports in the manner and form that the Secretary of State requires and may do all things necessary to secure a full and thorough audit. If a person fails to comply with any subpoena issued under this subsection, a judge of the circuit court of any county, on application of the Secretary of State, shall compel obedience by proceedings for contempt as in the case of disobedience of the requirements of a subpoena issued from the circuit court.

(3) The Secretary of State, as State Auditor, may contract with qualified private sector auditors to conduct audits if the Secretary of State determines that it is in the public interest to do so. All contracts for conducting performance audits under this section shall be in a form prescribed or approved by the Secretary of State. The Secretary of State shall employ or contract with auditors upon terms and for compensation as the Secretary of State determines are advantageous and advisable.

(4) An audit conducted under contract as provided in subsection (3) of this section shall be considered to be conducted by the Division of Audits for purposes of ORS 297.020 (Functions and duties of Division of Audits) , 297.050 (Supply of audit reports to Joint Legislative Audit Committee and Legislative Fiscal Officer) and 297.535 (Division of Audits Account) .

(5) The Secretary of State may enter into an agreement with the department, board, commission, institution, state-aided institution or agency that is the subject of a performance audit for payment of the expenses incurred by the Secretary of State in conducting the audit.

(6) An audit report that includes information on leading practices must:

(a) Provide information on whether it is reasonable to believe that adoption of such practices will require resources beyond currently legislatively approved resource levels, and, if so, the potential magnitude of additional resources needed; and

(b) Identify states or comparable government entities that have implemented identified leading practices.

(7) An audit report must indicate whether:

(a) Issues identified in the report are already under consideration by the audited entity; and

(b) Recommendations identified in the report are already in the process of being implemented.

(8) The Division of Audits shall publish all performance audit reports and shall notify the Legislative Assembly and the Legislative Fiscal Officer when such audits are publicly available.

(9) An audited entity shall submit written reports to the Division of Audits and the Legislative Fiscal Officer regarding the findings and recommendations of an audit of the entity. The reports must include specific responses to each recommendation, including whether the entity can implement the recommendation without legislative action and anticipated timeframes for implementation of recommendations not requiring legislative action. The reports required under this subsection must be made in a timely manner, as determined by the Division of Audits and the Legislative Fiscal Officer.

(10) After receiving a report under subsection (9) of this section, both the Division of Audits and the Legislative Fiscal Officer may conduct an audit follow-up review and may submit a written report regarding the audit follow-up review to the Joint Legislative Audit Committee. The Division of Audits and the Legislative Fiscal Officer shall notify one another about the intent to conduct an audit follow-up review prior to initiation of the review.

(11) As used in this section:

(a) “Audit follow-up review” has the meaning given that term in ORS 171.585 (Duties of committee) .

(b) “Performance audit” means an audit, the objectives of which include:

(A) Assessing the extent to which legislative, regulatory and organizational goals and objectives are being achieved and the current status or condition of program operations or progress in implementing legislative requirements within the legislatively approved budget;

(B) Assessing the ability of alternative approaches to yield improved performance or eliminate factors that inhibit effectiveness;

(C) Determining whether a program produced documented intended results, including key performance measures, and whether such measures are reliable, valid and relevant;

(D) Determining whether a program operates within the context of statutory parameters, is accessible to eligible individuals, duplicates, overlaps, or conflicts with other programs, utilizes sound financial practices and information and is efficient and effective in achieving intended results within the legislatively approved budget;

(E) Determining whether the purpose of a program, the manner in which it is conducted, services delivered, outcomes, the population served, incurred or proposed costs, and revenue received are in compliance with provisions of laws, regulations, contracts, grant agreements or other relevant requirements; and

(F) Addressing identified risks and weaknesses. [1997 c.847 §4; 2008 c.7 §8; 2009 c.11 §39; 2017 c.532 §7; 2019 c.567 §7]

Source: Section 297.070 — Performance audits; subpoenas; contracts with private auditors; rules; audit expenses; audit reports; responses to audits , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 292.090 — OR Code / Title 28 / Chapter 292 / Section 292.090
292.090 Use of balances to purchase bonds in advance
Status: in_force

Balances to the credit of the Employes’ Bond Savings Account may be used for the purchase in advance, from the federal government or from any federal reserve bank or other authorized federal agency, of savings bonds or other obligations of the federal government, either in blank or in inscribed form, in convenient denominations to meet the requirements of the purchasers thereof. [Amended by 1981 c.567 §5]

Source: Section 292.090 — Use of balances to purchase bonds in advance , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.353 — OR Code / Title 28 / Chapter 294 / Section 294.353
294.353 Elimination of unnecessary fund
Status: in_force

Subject to the provisions contained in the charter of any city or county or in any law relating to municipal corporations, when the necessity for maintaining any fund of the municipal corporation has ceased to exist and a balance remains in the fund, the governing body shall so declare by ordinance or other order and upon such declaration such balance shall forthwith be transferred to the general fund of the municipal corporation unless other provisions have been made in the original creation of the fund. [Formerly 294.475]

Source: Section 294.353 — Elimination of unnecessary fund; disposition of balance , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.222 — OR Code / Title 28 / Chapter 291 / Section 291.222
291.222 Furnishing information and assistance to Governor-elect
Status: in_force

If the Governor under whose supervision the Governor’s budget and tax expenditure report have been prepared will be succeeded in office in January next following:

(1) The Oregon Department of Administrative Services shall make available to the Governor-elect so much as the Governor-elect requests of the information upon which the Governor’s budget and tax expenditure report are based, and upon completion of the budget and tax expenditure report, shall supply the Governor-elect with a copy of the budget and report, but may not print or distribute the budget or report. The department shall also make available to the Governor-elect all facilities of the department reasonably necessary to permit the Governor-elect to review and become familiar with the budget or tax expenditure report.

(2) After a review of the Governor’s budget and tax expenditure report, the Governor-elect may prepare revisions and additions to the budget or report. The Oregon Department of Administrative Services and the Department of Revenue shall assist, upon request, in the preparation of any revisions or additions.

(3) The Oregon Department of Administrative Services shall have printed as many copies of the revised Governor’s budget and revised tax expenditure report as the Governor-elect requests.

(4) Not later than February 1 of each odd-numbered year, the Oregon Department of Administrative Services shall transmit a copy of the revised Governor’s budget and revised tax expenditure report to each member of the Legislative Assembly.

(5) Upon request, the department shall distribute copies of the revised Governor’s budget and revised tax expenditure report free of charge, under any rules the department may adopt, to public libraries, schools and state officials. The department shall make copies of the revised budget and revised tax expenditure report available to the general public at a reasonable charge for each copy. [Amended by 1967 c.302 §2; 1969 c.464 §3; 1995 c.746 §71; 2016 c.117 §23]

Source: Section 291.222 — Furnishing information and assistance to Governor-elect; revision of budget and tax expenditure report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.049 — OR Code / Title 28 / Chapter 291 / Section 291.049
291.049 Ratification of public contract when performance begun prior to contract approval
Status: in_force

(1) If the parties to a public contract perform under the contract before the contract is approved for legal sufficiency by the Attorney General as required under ORS 291.047 (Public contract approval by Attorney General) and section 3, chapter 869, Oregon Laws 1997, the agency may ratify the public contract if the Attorney General determines that the contract is legally sufficient prior to ratification. As a condition for approval, the Attorney General may require that the contract be amended as necessary to make the contract legally sufficient.

(2) Upon approval of the public contract for legal sufficiency and ratification of the public contract by a state agency under this section, the public contract is effective and the state agency may make payments on the ratified public contract even if the payments are for services rendered prior to ratification.

(3) The Attorney General may adopt rules to implement this section. [1999 c.264 §2]

Note: 291.049 (Ratification of public contract when performance begun prior to contract approval) was enacted into law by the Legislative Assembly but was 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 291.049 — Ratification of public contract when performance begun prior to contract approval; conditions; effects; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.293 — OR Code / Title 28 / Chapter 293 / Section 293.293
293.293 Funds held in trust by court
Status: in_force

(1) Whenever a court is required to hold funds in trust for the benefit of any party, all such funds shall be deposited with the State Treasurer in an account separate and distinct from the General Fund. Interest on such funds shall be credited to the General Fund.

(2) Notwithstanding subsection (1) of this section, if the amount in trust is $10,000 or more, upon motion of a party, the court may order that the amount deposited with the State Treasurer be placed in an interest bearing account and that the interest be credited or paid to a party or parties, as the court deems appropriate. [1987 c.117 §1; 1989 c.966 §20]

Note: 293.293 (Funds held in trust by court) 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 293.293 — Funds held in trust by court , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).