ORS § 297.760 — OR Code / Title 28 / Chapter 297 / Section 297.760
297.760 Establishment of local government waste hotline
Status: in_force

(1) A local government body or local service district may establish a telephone line that is available to public employees and members of the public for the purpose of reporting waste, inefficiency or abuse by the local government body or local service district, employees of the local government body or local service district, or contractors of the local government body or local service district.

(2) If a local government body or local service district chooses to establish a local government waste hotline under subsection (1) of this section:

(a) The local government body or local service district shall also accept reports of waste, inefficiency or abuse by the local government body or local service district, employees of the local government body or local service district, or contractors of the local government body or local service district by any other method; and

(b) The local government body or local service district shall prepare written or electronic notices that explain the purpose of the local government waste hotline and that prominently display the telephone number for the hotline. The notice shall be posted in local government body or local service district offices.

(3) As used in this section and ORS 297.765 (Policies and procedures for local government waste hotline) , “local government body” and “local service district” have the meanings given those terms in ORS 174.116 (“Local government” and “local service district” defined) . [2011 c.221 §2]

Note: 297.760 (Establishment of local government waste hotline) and 297.765 (Policies and procedures for local government waste hotline) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 297 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 297.760 — Establishment of local government waste hotline , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.820 — OR Code / Title 28 / Chapter 294 / Section 294.820
294.820 Establishment of investment pools by intergovernmental agreement
Status: in_force

If the State Treasurer and the Oregon Investment Council terminate the operation of all investment pools created under ORS 293.863 (Investment pool procedures) , public bodies may establish by written agreement under ORS chapter 190 one or more pools for the investment of proceeds for the purposes identified in ORS 293.861 (Investment pools authorized) . In establishing one or more such pools, the participating public bodies may exercise those powers conferred on the State Treasurer and the Oregon Investment Council by ORS 293.863 (Investment pool procedures) . [1973 c.748 §4; 1979 c.608 §1; 1995 c.245 §11; 2007 c.783 §122; 2013 c.338 §4]

Source: Section 294.820 — Establishment of investment pools by intergovernmental agreement; conditions; powers , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.208 — OR Code / Title 28 / Chapter 291 / Section 291.208
291.208 Filing agency request budgets with department
Status: in_force

Each state agency shall file with the Oregon Department of Administrative Services, before September 1 in each even-numbered year in the manner required, an agency request budget containing the information required. The department shall prepare agency request budgets for all agencies that fail to file budgets. [Amended by 2016 c.117 §16]

Source: Section 291.208 — Filing agency request budgets with department; preparing budgets for agencies failing to file , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.825 — OR Code / Title 28 / Chapter 294 / Section 294.825
294.825 State Treasurer as investment officer
Status: in_force

(1) The State Treasurer is the investment officer for the Oregon Investment Council and the investment pool, 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 under ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) .

(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, investment officer and investment pool.

(b) Require a fidelity bond of any person employed by the investment officer who has charge of, handles or has access to any of the moneys in the investment pool. 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.

(4) Subject to review by the board, the investment officer may, pursuant to ORS chapter 183, make reasonable rules necessary for the administration of ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) . [1973 c.748 §§5,18]

Source: Section 294.825 — State Treasurer as investment officer; bond; employment of personnel; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.033 — OR Code / Title 28 / Chapter 294 / Section 294.033
294.033 Investment of deferred compensation funds
Status: in_force

Funds set aside by any local government pursuant to a deferred compensation plan may be invested in any investment enumerated in ORS 294.035 (Investment of funds of political subdivisions) and are not subject to the collateral requirements of ORS chapter 295. [1977 c.470 §3; 1997 c.179 §26; 2005 c.91 §1]

Source: Section 294.033 — Investment of deferred compensation funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.843 — OR Code / Title 28 / Chapter 293 / Section 293.843
293.843 Notice on State Treasurer’s website
Status: in_force

On or before March 15 of each year, the State Treasurer shall make available on the State Treasurer’s website a summary of actions taken during the previous year in accordance with ORS 293.837 (Definitions for ORS 293.837 to 293.847) to 293.847 (Applicability of ORS 293.841 and 293.843) . The summary shall include a list of identified scrutinized companies. [2012 c.72 §5]

Source: Section 293.843 — Notice on State Treasurer’s website , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.330 — OR Code / Title 28 / Chapter 291 / Section 291.330
291.330 Members of board
Status: in_force

The Emergency Board shall be composed of the President of the Senate, the Speaker of the House of Representatives, the chairpersons of the Senate and House Ways and Means Committees, eight other members of the Senate, at least four of whom shall have had some previous experience on the Ways and Means Committee, to be appointed by the President of the Senate and confirmed by a majority of all the members elected to the Senate, and eight other members of the House, at least four of whom shall have had some previous experience on the Ways and Means Committee, to be appointed by the Speaker and confirmed by a majority of all the members elected to the House. [1953 c.386 §5; 1973 c.201 §1; 1979 c.324 §1; 2007 c.695 §1]

Source: Section 291.330 — Members of board; confirmation , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.311 — OR Code / Title 28 / Chapter 294 / Section 294.311
294.311 Definitions for ORS 294.305 to 294.565
Status: reserved

As used in ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) , unless the context requires otherwise:

(1) “Accrual basis” means the recording of the financial effects on a municipal corporation of transactions and other events and circumstances that have cash consequences for the municipal corporation in the periods in which those transactions, events and circumstances occur, rather than only in the periods in which cash is received or paid by the municipal corporation.

(2) “Activity” means a specific and distinguishable service performed by one or more organizational components of a municipal corporation to accomplish a function for which the municipal corporation is responsible.

(3) “Appropriation” means an authorization granted by the governing body to make expenditures and to incur obligations for specific purposes. An appropriation is limited to a single fiscal year for municipal corporations preparing annual budgets, or to the budget period for municipal corporations preparing biennial budgets.

(4) “Basis of accounting” means the cash basis, the modified accrual basis or the accrual basis.

(5) “Budget” means a plan of financial operation embodying an estimate of expenditures for a given period or purpose and the proposed means of financing the estimated expenditures.

(6) “Budget document” means the estimates of expenditures and budget resources as set forth on the estimate sheets, tax levy and the financial summary.

(7) “Budget period” means, for municipal corporations with the power to levy a tax upon property, the two-year period commencing on July 1 and closing on June 30 of the second calendar year next following, and for all other municipal corporations, an accounting period of 24 months ending on the last day of any month.

(8) “Budget resources” means resources to which recourse can be had to meet obligations and expenditures during the fiscal year or budget period covered by the budget.

(9) “Cash basis” means a basis of accounting under which transactions are recognized only in the period during which cash is received or disbursed.

(10) “Current budget period” means the budget period in progress.

(11) “Current year” means the fiscal year in progress.

(12) “Encumbrance accounting” means the method of accounting under which outstanding encumbrances are recognized as reductions of appropriations and the related commitments are carried in a reserve for encumbrances until liquidated, either by replacement with an actual liability or by cancellation. This method of accounting may be used as a modification to the accrual basis of accounting in accordance with generally accepted accounting principles.

(13) “Encumbrances” means obligations in the form of purchase orders, contracts or salary commitments which are chargeable to an appropriation and for which a part of the appropriation is reserved. Obligations cease to be encumbrances when paid or when the actual liability is set up.

(14) “Ensuing budget period” means the budget period following the current budget period.

(15) “Ensuing year” means the fiscal year following the current year.

(16) “Expenditure” means, if the accounts are kept on the accrual basis or the modified accrual basis, decreases in net financial resources and may include encumbrances. If the accounts are kept on the cash basis, the term covers only actual disbursement, the drawing of the check or warrant for these purposes and not encumbrances, except that deferred employee compensation shall be included as a personnel service expenditure where an approved deferred employee compensation plan is in effect for a municipal corporation.

(17) “Fiscal year” means for municipal corporations with the power to impose ad valorem property taxes, the fiscal year commencing on July 1 and closing on June 30, and for all other municipal corporations, an accounting period of 12 months ending on the last day of any month.

(18) “Fund balance” means the excess of the assets of a fund over its liabilities and reserves except in the case of funds subject to budgetary accounting where, prior to the end of a fiscal period, it represents the excess of the fund’s assets and estimated revenues for the period over its liabilities, reserves and appropriations for the period.

(19) “General county resources” means resources from property taxes, state and federal shared revenue, beginning balances available for expenditure and interest not required to be allocated to specific programs or activities.

(20) “Governing body” means the city council, board of commissioners, board of directors, county court or other managing board of a municipal corporation including a board managing a municipally owned public utility or a dock commission.

(21) “Grant” means a donation or contribution of cash to a governmental unit by a third party.

(22) “Intergovernmental entity” means an entity created under ORS 190.010 (Authority of local governments to make intergovernmental agreement) (5). The term includes any council of governments created prior to the enactment of ORS 190.010 (Authority of local governments to make intergovernmental agreement) (5).

(23) “Internal service fund” means a fund properly authorized to finance, on a cost reimbursement basis, goods or services provided by one organizational unit of a municipal corporation to other organizational units of the municipal corporation.

(24) “Liabilities” means probable future sacrifices of economic benefits, arising from present obligations of a municipal corporation to transfer assets or provide services to other entities in the future as a result of past transactions or events. The term does not include encumbrances.

(25) Intentionally left blank —Ed.

(a) “Modified accrual basis” means the accrual basis of accounting adapted to the governmental fund-type measurement focus. Under this basis of accounting, revenues and other financial resource increments, such as bond proceeds, are recognized when they become susceptible to accrual, that is, when they become both measurable and available to finance expenditures in the current period.

(b) As used in this subsection, “available” means collectible in the current period or soon enough thereafter to be used to pay liabilities of the current period. Under this basis of accounting, expenditures are recognized when the fund liability is incurred except for:

(A) Inventories of material and supplies that may be considered expenditures either when purchased or when used; and

(B) Prepaid insurance and similar items that may be considered expenditures either when paid for or when consumed.

(26) “Municipal corporation” means any county, city, port, school district, union high school district, community college district and all other public or quasi-public corporations including a municipal utility or dock commission operated by a separate board or commission. “Municipal corporation” includes an intergovernmental entity or council of governments that proposes to impose or imposes ad valorem property taxes.

(27) “Net working capital” means the sum of the cash, cash equivalents, investments, accounts receivable expected to be converted to cash during the ensuing year or ensuing budget period, inventories, supplies and prepaid expenses less current liabilities and, if encumbrance accounting is adopted, reserve for encumbrances. The term is not applicable to the cash basis of accounting.

(28) “Object” means, as used in expenditure classification, articles purchased including, but not limited to, land, buildings, equipment and vehicles, or services obtained including, but not limited to, administrative services, clerical services, professional services, property services and travel, as distinguished from the results obtained from expenditures.

(29) “Object classification” means a grouping of expenditures on the basis of goods or services purchased, including, but not limited to, personnel services, materials, supplies and equipment.

(30) “Operating taxes” has the meaning given that term in ORS 310.055 (Operating taxes) .

(31) “Organizational unit” means any administrative subdivision of a municipal corporation, especially one charged with carrying on one or more functions or activities.

(32) “Population” means the number of inhabitants of a municipal corporation according to certified estimates of population made by Portland State University.

(33) “Program” means a group of related activities aimed at accomplishing a major service or function for which the municipality is responsible.

(34) “Public utility” means those public utility operations authorized by ORS chapter 225.

(35) “Publish” or “publication” means any one or more of the following methods of giving notice or making information or documents available to members of the general public:

(a) Publication in one or more newspapers of general circulation within the jurisdictional boundaries of the municipal corporation.

(b) Posting through the United States Postal Service by first class mail, postage prepaid, to each street address within the jurisdictional boundaries of the municipal corporation and to each post office box and rural route number belonging to a resident within the jurisdictional boundaries of the municipal corporation.

(c) Hand delivery to each street address within the jurisdictional boundaries of the municipal corporation.

(d) In the case of publishing notice for an election involving a local option tax measure or a general obligation bond measure, filing with the Secretary of State for publication on the electronic filing system adopted under ORS 260.057 (Electronic campaign finance filing system) .

(36) “Receipts” means cash received unless otherwise qualified.

(37) “Reserve for encumbrances” means a reserve representing the segregation of a portion of a fund balance to provide for unliquidated encumbrances.

(38) “Revenue” means the gross receipts and receivables of a governmental unit derived from taxes, licenses, fees and from all other sources, but excluding appropriations, allotments and return of principal from investment of surplus funds.

(39) “Special revenue fund” means a fund properly authorized and used to finance particular activities from the receipts of specific taxes or other revenues. [1963 c.576 §3; 1971 c.513 §55; 1975 c.319 §2; 1977 c.102 §4; 1977 c.305 §1; 1979 c.686 §1; 1997 c.308 §3; 1997 c.541 §322; 1999 c.632 §1; 2001 c.104 §102; 2001 c.135 §3; 2003 c.235 §1; 2009 c.477 §4; 2011 c.473 §27; 2013 c.768 §106h; 2017 c.552 §1]

Source: Section 294.311 — Definitions for ORS 294.305 to 294.565 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.311 — OR Code / Title 28 / Chapter 293 / Section 293.311
293.311 Requiring information regarding claims
Status: in_force

(1) The Oregon Department of Administrative Services may require any person to answer orally or in writing, under oath or affirmation, as to any facts relating to a claim subject to disapproval by the department under ORS 293.300 (No claim to be paid if disapproved by department) .

(2) The state agency that incurred the obligation or made the expenditure on which the claim is based may require any person to answer orally or in writing, under oath or affirmation, as to any facts relating to a claim not subject to disapproval by the department under ORS 293.300 (No claim to be paid if disapproved by department) . [1967 c.454 §12]

Source: Section 293.311 — Requiring information regarding claims , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 297.120 — OR Code / Title 28 / Chapter 297 / Section 297.120
297.120 Division of Audits investigation of state agency loss of public funds or property
Status: in_force

(1) When a state agency sustains a loss of $100 or more of public funds or property under circumstances involving a public official who is entrusted with the custody of the funds or property or who is charged with the duty to account for the funds or property, the agency shall, within 30 days after discovery of the loss, report the loss in writing to the Division of Audits.

(2) Within 30 days after receiving the report under subsection (1) of this section, the division shall determine whether to investigate the loss.

(3) If the division investigates a loss, the division shall prepare a report regarding the accountability of the public official for the loss. The report shall be presented to the Governor. [1963 c.617 §2; 1969 c.199 §48; 1991 c.219 §2; 1993 c.718 §2; 2007 c.219 §2]

AUDITS OF ACCOUNTS OF STATE AND STATE-AIDED INSTITUTIONS AND AGENCIES

Source: Section 297.120 — Division of Audits investigation of state agency loss of public funds or property; report to Governor , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.426 — OR Code / Title 28 / Chapter 294 / Section 294.426
294.426 Budget committee meeting
Status: in_force

(1) The budget committee established under ORS 294.414 (Budget committee) shall hold one or more meetings for the following purposes:

(a) Receiving the budget message prepared under ORS 294.403 (Budget message) and the budget document; and

(b) Providing members of the public with an opportunity to ask questions about and comment on the budget document.

(2) Intentionally left blank —Ed.

(a) If a budget committee holds more than one meeting under subsection (1) of this section, the budget message and the budget document must be received at the first meeting.

(b) If the budget committee does not provide members of the public with an opportunity to ask questions about and comment on the budget document at the first meeting, the budget committee must provide the public with the opportunity at a subsequent meeting.

(3) Intentionally left blank —Ed.

(a) Except as provided in paragraph (b) of this subsection, the budget officer designated under ORS 294.331 (Budget officer) shall publish prior notice of each meeting of the budget committee held pursuant to subsection (1) of this section. The notice must contain the information described in subsection (4) of this section and must be published by one of the methods described in subsection (5) of this section.

(b) Intentionally left blank —Ed.

(A) If the budget committee holds more than one meeting for the purposes described in subsection (1) of this section, the budget officer may publish a combined notice for all the meetings.

(B) If the budget committee holds more than one meeting for the purpose described in subsection (1)(b) of this section, the budget officer may publish notice of only the first meeting. Notice of subsequent meetings may be given as provided in ORS 294.428 (Budget committee hearings) (2). If notice is published for a meeting under this subparagraph and it is subsequently determined that the meeting is unnecessary, notice of cancellation of the meeting must be published as provided in ORS 294.428 (Budget committee hearings) (2).

(4) The notice required under subsection (3) of this section must state:

(a) The purpose, time and place of the meeting or meetings and the place where the budget document is available;

(b) That the meeting is a public meeting where deliberations of the budget committee will take place; and

(c) If the meeting described in the notice is a meeting at which the budget committee will receive questions and comments from members of the public, that any person may ask questions about and comment on the budget document at that time.

(5) Intentionally left blank —Ed.

(a) If the notice required under subsection (3) of this section is published only by publication in a newspaper, the notice must be published at least two separate times, not more than 30 days before the meeting date and not less than five days before the meeting date.

(b) The notice may be published once in a newspaper, not more than 30 days before the meeting date and not less than five days before the meeting date, and once on the municipal corporation’s Internet website, in a prominent manner and maintained on the website for at least 10 days before the meeting date. The newspaper notice must contain the Internet website address at which the notice is posted.

(c) If the notice is published by mailing or hand delivery, the notice must be placed with the United States Postal Service or hand delivered not less than 10 days before the meeting date.

(6) Intentionally left blank —Ed.

(a) At any time before the first meeting required under subsection (1) of this section, the budget officer may provide one copy of the budget document to each member of the budget committee solely for the information and use of the individual members. The budget committee may not deliberate on the budget document as a body before the first meeting.

(b) If the budget officer does not provide copies of the budget document to the members of the budget committee under paragraph (a) of this subsection, the budget officer shall provide copies at the first meeting required under subsection (1) of this section.

(7) The budget officer shall file a copy of the budget document in the office of the governing body of the municipal corporation immediately following presentation of the budget document to the members of the budget committee under subsection (6) of this section. The copy is a public record of the municipal corporation.

(8) The governing body of the municipal corporation must provide to individuals upon request a copy of the budget document or the means of readily obtaining a copy of the budget document. [Formerly 294.401]

Source: Section 294.426 — Budget committee meeting; notice; receipt of budget message and document; provision of copies of document , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.155 — OR Code / Title 28 / Chapter 294 / Section 294.155
294.155 Annual audit report
Status: in_force

(1) The custodial officer for a local government that holds and invests funds on behalf of another government unit shall at least once a year submit an audited report to that government unit for which funds are invested. An audit report shall be submitted to the local governmental unit or units within 30 days after receipt of the audit report by the custodial officer’s governing body. This subsection shall not apply to municipal corporations or political subdivisions exempt from municipal audits in ORS 297.435 (Exemption from audit) .

(2) The custodial officer shall prepare a report not less than monthly to each county, municipality, school district and other political subdivision the segregated funds of which the custodial officer is then investing, as to changes made in the investments of the funds of that body during the preceding month. If requested by that body, the custodial officer shall furnish to it details on the investment transactions for its fund. The custodial officer shall also provide copies of any investment policy which has been adopted to the custodial officer’s governing body upon request. [1981 c.880 §9; 1995 c.245 §9]

Source: Section 294.155 — Annual audit report; monthly report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.865 — OR Code / Title 28 / Chapter 294 / Section 294.865
294.865 Monthly deductions from income received for payment of expenses
Status: in_force

The State Treasurer may deduct monthly a maximum of 0.435 basis points of the most recent market value of assets under the management of the investment pool. Amounts so deducted shall pay the State Treasurer for expenses of the State Treasurer as investment officer and to the extent the amounts deducted are so used shall be deposited into the Miscellaneous Receipts Account established in the General Fund for the State Treasurer, and are continuously appropriated for payment of the expenses of the State Treasurer as investment officer. [1973 c.748 §6; 1975 c.740 §9; 1977 c.266 §11; 1991 c.88 §2; 1995 c.288 §2; 1999 c.1043 §3; 2001 c.716 §25]

Source: Section 294.865 — Monthly deductions from income received for payment of expenses , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.971 — OR Code / Title 28 / Chapter 292 / Section 292.971
292.971 Job Evaluation Teams
Status: in_force

The appropriate authority within each branch of government shall establish procedures for creation of Job Evaluation Teams, consisting of state employees, including representatives of management, bargaining unit employees and unrepresented employees who possess occupational experience and other characteristics of the workforce, to advise the authority on the evaluation of classifications. [1987 c.772 §7]

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

Source: Section 292.971 — Job Evaluation Teams; duties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.708 — OR Code / Title 28 / Chapter 293 / Section 293.708
293.708 Conflicts of interest for council members
Status: in_force

(1) As used in this section:

(a) “Business” has the meaning given that term in ORS 244.020 (Definitions) .

(b) “Business with which the person is associated” has the meaning given that term in ORS 244.020 (Definitions) .

(c) “Relative” has the meaning given that term in ORS 244.020 (Definitions) .

(2) When a person who is a member of the Oregon Investment Council becomes aware that action on a matter pending before the council might lead to private pecuniary benefit or detriment to the person, to a relative of the person or to a business with which the person or a relative of the person is associated, the member shall notify in writing the State Treasurer or the Deputy State Treasurer that any action, decision or recommendation by the member might constitute an actual or potential conflict of interest. The member shall provide the notice not later than three business days after the member becomes aware of the possibility of an actual or potential conflict.

(3) Subsection (2) of this section does not apply if the pecuniary benefit or detriment arises out of circumstances described in ORS 244.020 (Definitions) (13).

(4) Complaints of violations of this section may be made to the Oregon Government Ethics Commission for review and investigation as provided by ORS 244.260 (Complaint and adjudicatory process) and for possible imposition of civil penalties as provided by ORS 244.350 (Civil penalties) or 244.360 (Additional civil penalty equal to twice amount of financial benefit) .

(5) Nothing in this section excuses a member of the council from compliance with ORS 244.120 (Methods of handling conflicts) . [2005 c.179 §2; 2007 c.865 §21; 2007 c.877 §38; 2009 c.68 §19; 2011 c.68 §6; 2015 c.620 §8]

Note: 293.708 (Conflicts of interest for council members) 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 293.708 — Conflicts of interest for council members , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.383 — OR Code / Title 28 / Chapter 294 / Section 294.383
294.383 Inclusions in accrued revenues of school, education service, community college and community college service districts using accrual basis of accounting
Status: in_force

(1) As used in this section, “extended ADMw” means:

(a) For a school district, the district extended ADMw as calculated under ORS 327.013 (State School Fund distribution computations for school districts) .

(b) For an education service district, the sum of the extended ADMw of the school districts located within the territory of the education service district.

(2) Notwithstanding ORS 294.333 (Basis of accounting used by municipal corporation) , a school district or education service district that uses the accrual basis method of accounting may include as accrued revenues in the budget and financial statement of the school district or education service district, for any fiscal year, an amount from the next fiscal year that is to be received in the next fiscal year. The amount accrued under this section may not be greater than the amount calculated under subsection (3)(b) or (c) of this section multiplied by the extended ADMw of the school district or education service district.

(3) Intentionally left blank —Ed.

(a) For each fiscal year, the Department of Education shall calculate the amount available in the State School Fund for grants and distributions to school districts and the amount available for grants and distributions to education service districts under ORS 327.008 (State School Fund) , 327.013 (State School Fund distribution computations for school districts) and 327.019 (State School Fund distribution computations for education service districts) based on the appropriations and allocations made to the State School Fund for that fiscal year by the Legislative Assembly in regular session. The department may not include in the amount calculated to be available for school districts and education service districts under this paragraph the amounts received by the Youth Corrections Education Program and the Juvenile Detention Education Program under ORS 327.026 (State School Fund grant for programs) or approved recovery schools under ORS 327.029 (Allocations for approved recovery schools) from the State School Fund.

(b) The department shall calculate for school districts an amount equal to (the amount calculated under paragraph (a) of this subsection for school districts ¸ 12) ¸the total statewide extended ADMw of all school districts.

(c) The department shall calculate for education service districts an amount equal to (the amount calculated under paragraph (a) of this subsection for education service districts ¸ 12) ¸the total statewide extended ADMw of all education service districts.

(d) The department may adjust the calculations under this subsection based on current data for the factors used to calculate the State School Fund distribution to school districts and education service districts under ORS 327.008 (State School Fund) , 327.013 (State School Fund distribution computations for school districts) and 327.019 (State School Fund distribution computations for education service districts) .

(e) Notwithstanding paragraph (d) of this subsection, the department may not adjust the calculation under paragraph (a) of this subsection based on changes made to the appropriations or allocations to the State School Fund by the Legislative Assembly in special session or by rule of the Oregon Department of Administrative Services relating to allotting funds.

(4) Notwithstanding ORS 294.333 (Basis of accounting used by municipal corporation) , a community college district or community college service district that uses the accrual basis method of accounting may include as accrued revenues in the budget and financial statement of the community college district or community college service district, for any fiscal year, an amount from the next fiscal year that is to be received in the next fiscal year. The amount accrued under this section may not be greater than 25 percent of the amount the community college district or community college service district received as a Community College Support Fund grant for the fiscal year for which the revenues are to be accrued. [Formerly 294.447; 2013 c.577 §6; 2023 c.513 §11]

Source: Section 294.383 — Inclusions in accrued revenues of school, education service, community college and community college service districts using accrual basis of accounting; State School Fund grant calculations , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.306 — OR Code / Title 28 / Chapter 293 / Section 293.306
293.306 Forms and procedures for claims, warrants, checks and orders
Status: in_force

(1) The Oregon Department of Administrative Services may prescribe forms and procedures consistent with law for claims subject to disapproval by the department under ORS 293.300 (No claim to be paid if disapproved by department) and for the presentment, processing, approval and disapproval by state agencies and the department and drawing of warrants, checks or orders in payment of those claims. The use of forms and compliance with procedures so prescribed is required.

(2) The department shall require each warrant, check and order drawn in payment of claims to have printed thereon a statement in size equal to at least 8-point type that the warrant, check or order shall be canceled and declared void if not presented for payment within two years from the date of issuance. [1967 c.454 §11; 1977 c.126 §1]

Source: Section 293.306 — Forms and procedures for claims, warrants, checks and orders; notice of two-year cancellation , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.256 — OR Code / Title 28 / Chapter 293 / Section 293.256
293.256 Charges for expenses of Oregon Department of Administrative Services
Status: in_force

(1) The Oregon Department of Administrative Services shall estimate in advance the expenses that the department will incur during a biennium in carrying out the provisions of ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) and 293.252 (Duties of Oregon Department of Administrative Services relating to state agency debt collection) to 293.256 (Charges for expenses of Oregon Department of Administrative Services) .

(2) The department shall charge each state agency for the agency’s share of the expenses described in subsection (1) of this section for the biennium. The department shall determine the rate to be charged state agencies.

(3) Each state agency shall pay to the credit of the department the charge described in this section as an administrative expense from funds or appropriations available to the state agency in the same manner as other claims against the state agency are paid.

(4) All moneys received by the department under this section shall be credited to the Delinquent Accounts Administration Fund established under ORS 293.258 (Delinquent Accounts Administration Fund) .

(5) The department shall adopt rules specifying the methods for calculating and collecting the rates and charges described in this section.

(6) As used in this section, “state agency” has the meaning given that term in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) , except that it does not include the judicial department as defined in ORS 174.113 (“Judicial department” defined) , the Secretary of State or the State Treasurer. [2015 c.766 §8; 2019 c.278 §21]

Note: See note under 293.252 (Duties of Oregon Department of Administrative Services relating to state agency debt collection) .

Source: Section 293.256 — Charges for expenses of Oregon Department of Administrative Services; payment by state agencies; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.500 — OR Code / Title 28 / Chapter 294 / Section 294.500
294.500 Declaratory ruling by Department of Revenue as to its rules
Status: in_force

(1) On petition by 10 interested taxpayers or a municipal corporation, the Department of Revenue may issue a declaratory ruling with respect to the validity or applicability to any person, municipal corporation or state of facts of any rule adopted by the department.

(2) The Department of Revenue shall adopt rules prescribing the form, content and procedure for submission, consideration and disposition of petitions under subsection (1) of this section.

(3) The Department of Revenue must afford interested parties a full opportunity for hearing on the subject of a petition before issuing a declaratory ruling under subsection (1) of this section.

(4) Intentionally left blank —Ed.

(a) A declaratory ruling issued under subsection (1) of this section binds the department and all parties to the proceedings on the state of facts alleged, unless it is altered or set aside by a court.

(b) A declaratory ruling is subject to review in the Oregon Tax Court in the manner provided by ORS 294.515 (Appeal by municipal corporation from Department of Revenue order) and is subject to the same limitations under ORS 294.515 (Appeal by municipal corporation from Department of Revenue order) as appeals. [1963 c.576 §34d; 2011 c.473 §23]

Source: Section 294.500 — Declaratory ruling by Department of Revenue as to its rules; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.300 — OR Code / Title 28 / Chapter 297 / Section 297.300
297.300 Audit of records related to certain charges paid to nongovernmental entity
Status: in_force

The records related to any funds collected pursuant to ORS 757.054 (Cost-effective energy efficiency resources and demand response resources) , through natural gas tariffs or through public purpose charges pursuant to ORS 757.612 (Requirements for public purpose expenditures) and paid to a nongovernmental entity as described in ORS 757.746 (Requirements for nongovernmental entities receiving funds) shall be subject to audit by the Secretary of State. [2009 c.813 §2; 2021 c.547 §19]

Source: Section 297.300 — Audit of records related to certain charges paid to nongovernmental entity , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.711 — OR Code / Title 28 / Chapter 293 / Section 293.711
293.711 Compensation and expenses of council members
Status: in_force

(1) Except as provided in subsection (2) of this section, a member of the Oregon Investment Council is entitled to compensation and expenses as provided in ORS 292.495 (Compensation and expenses of members of state boards and commissions) .

(2) A member of the council who is also a member of the Public Employees Retirement Board is entitled to compensation and expenses as provided in ORS 238.640 (Qualifications of board members) (7) and (8).

(3) The council shall select one of its members as chairperson, for a term and with powers and duties necessary for the performance of the functions of the office as the council determines.

(4) A person may not serve as chairperson of the council for more than four years in any 12-year period. [1967 c.335 §§3,4; 1969 c.314 §19; 2001 c.217 §2; 2003 c.69 §4; 2003 c.625 §§26,27; 2005 c.180 §§3,4; 2007 c.623 §3]

Source: Section 293.711 — Compensation and expenses of council members; chairperson , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.815 — OR Code / Title 28 / Chapter 294 / Section 294.815
294.815 Period of investments
Status: in_force

Subject to the right of the unit of local government or the tribal government to specify the period in which its funds may be held in the investment pool for investment and reinvestment, the investment officer by rule shall prescribe the time periods for investments in the investment pool and the procedure for withdrawal of funds. [1973 c.748 §3; 2013 c.338 §3]

Source: Section 294.815 — Period of investments; withdrawal of funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.108 — OR Code / Title 28 / Chapter 295 / Section 295.108
295.108 State Treasurer rules
Status: in_force

(1) The State Treasurer shall adopt rules to implement the provisions of ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) , including without limitation:

(a) Rules describing permitted forms of collateral and the valuation of collateral;

(b) Requirements that must be met by financial institutions and other third parties outside this state to hold public funds;

(c) Fees paid by qualified depositories or custodians; and

(d) Reporting by depositories, qualified depositories and custodians.

(2) The State Treasurer shall design the treasurer report required by ORS 295.061 (Treasurer reports) to minimize the regulatory burden of completing and submitting the report and, to the greatest extent practicable, to make the form of the report and the content required in the report consistent with the information required by the qualified depository’s report of condition and income. [2007 c.871 §14; 2010 c.101 §25; 2019 c.587 §32]

Source: Section 295.108 — State Treasurer rules; form of report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 291.227 — OR Code / Title 28 / Chapter 291 / Section 291.227
291.227 Maximum supervisory ratios of certain state agencies
Status: in_force

(1) Intentionally left blank —Ed.

(a) As part of the development of the legislatively adopted budget, each state agency that employs more than 100 employees shall report to the Joint Committee on Ways and Means the state agency’s maximum supervisory ratio for the biennium.

(b) Before submitting the report to the committee, a state agency shall provide a copy of the report to all labor organizations that represent employees of the state agency.

(2) A state agency must determine its maximum supervisory ratio by starting from a baseline ratio of one to 11 and adjusting the ratio based on some or all of the following factors:

(a) Safety of the public or of state agency employees;

(b) Geographic location of the agency’s employees;

(c) Complexity of the agency’s duties;

(d) Industry best practices and standards;

(e) Size and hours of operation of the agency;

(f) Unique personnel needs of the agency, including the agency’s use of volunteers or seasonal or temporary employees, or the exercise of supervisory authority by agency supervisory employees over personnel who are not agency employees; and

(g) Financial scope and responsibility of the agency.

(3) The Joint Committee on Ways and Means shall review the maximum supervisory ratios reported by state agencies.

(4) Subject to subsection (5) of this section, a state agency whose actual supervisory ratio is greater than its maximum supervisory ratio may not fill a supervisory position.

(5) Intentionally left blank —Ed.

(a) The Oregon Department of Administrative Services may exempt a state agency from the limitations of subsection (4) of this section if the department determines that an additional supervisory position is reasonably necessary to the state agency. The department must make the determination with reference to some or all of the factors set forth in subsection (2) of this section.

(b) At least five business days before granting an exemption under this subsection, the department shall notify all labor organizations that represent employees of the state agency of its intent to grant the exemption.

(6) Intentionally left blank —Ed.

(a) The department shall, once per quarter, produce reports on the actual supervisory ratio of each state agency. The reports must include data on job families within each state agency to the extent such data is reasonably available.

(b) The department shall make the reports publicly available on the Internet and shall notify all labor organizations that represent state employees when the reports are available.

(7) The department may adopt rules for the administration of this section, including rules governing how temporary, seasonal or part-time employees are accounted for in the calculation of a supervisory ratio.

(8) As used in this section:

(a) “Job families” means groups of occupations based upon work performed, skills, education, training and credentials.

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

(c) Intentionally left blank —Ed.

(A) “State agency” means all state officers, boards, commissions, departments, institutions, branches, agencies, divisions and other entities, without regard to the designation given to those entities, that are within the executive branch of government as described in Article III, section 1, of the Oregon Constitution.

(B) “State agency” does not include:

(i) The legislative department as defined in ORS 174.114 (“Legislative department” defined) ;

(ii) The judicial department as defined in ORS 174.113 (“Judicial department” defined) ;

(iii) The Oregon Public Defense Commission;

(iv) The Secretary of State and the State Treasurer;

(v) Semi-independent state agencies listed in ORS 182.454 (Semi-independent state agencies) ;

(vi) The Oregon Tourism Commission;

(vii) The Oregon Film and Video Office;

(viii) Public universities listed in ORS 352.002 (Public universities) ;

(ix) The Oregon Health and Science University;

(x) The Travel Information Council;

(xi) Oregon Corrections Enterprises;

(xii) The Oregon State Lottery Commission;

(xiii) The State Accident Insurance Fund Corporation;

(xiv) The Oregon Utility Notification Center;

(xv) Oregon Community Power;

(xvi) The Citizens’ Utility Board;

(xvii) A special government body as defined in ORS 174.117 (“Special government body” defined) ;

(xviii) Any other public corporation created under a statute of this state and specifically designated as a public corporation; and

(xix) Any other semi-independent state agency denominated by statute as a semi-independent state agency.

(d) “Supervisory employee” has the meaning given that term in ORS 243.650 (Definitions for ORS 243.650 to 243.809) .

(e) “Supervisory ratio” means the ratio of employees who are supervisory employees to employees who are not supervisory employees. [2017 c.285 §1; 2020 s.s.2 c.10 §3; 2023 c.281 §54]

Note: The amendments to 291.227 (Maximum supervisory ratios of certain state agencies) by section 88, 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.

291.227 (Maximum supervisory ratios of certain state agencies) . (1)(a) As part of the development of the legislatively adopted budget, each state agency that employs more than 100 employees shall report to the Joint Committee on Ways and Means the state agency’s maximum supervisory ratio for the biennium.

(b) Before submitting the report to the committee, a state agency shall provide a copy of the report to all labor organizations that represent employees of the state agency.

(2) A state agency must determine its maximum supervisory ratio by starting from a baseline ratio of one to 11 and adjusting the ratio based on some or all of the following factors:

(a) Safety of the public or of state agency employees;

(b) Geographic location of the agency’s employees;

(c) Complexity of the agency’s duties;

(d) Industry best practices and standards;

(e) Size and hours of operation of the agency;

(f) Unique personnel needs of the agency, including the agency’s use of volunteers or seasonal or temporary employees, or the exercise of supervisory authority by agency supervisory employees over personnel who are not agency employees; and

(g) Financial scope and responsibility of the agency.

(3) The Joint Committee on Ways and Means shall review the maximum supervisory ratios reported by state agencies.

(4) Subject to subsection (5) of this section, a state agency whose actual supervisory ratio is greater than its maximum supervisory ratio may not fill a supervisory position.

(5) Intentionally left blank —Ed.

(a) The Oregon Department of Administrative Services may exempt a state agency from the limitations of subsection (4) of this section if the department determines that an additional supervisory position is reasonably necessary to the state agency. The department must make the determination with reference to some or all of the factors set forth in subsection (2) of this section.

(b) At least five business days before granting an exemption under this subsection, the department shall notify all labor organizations that represent employees of the state agency of its intent to grant the exemption.

(6) Intentionally left blank —Ed.

(a) The department shall, once per quarter, produce reports on the actual supervisory ratio of each state agency. The reports must include data on job families within each state agency to the extent such data is reasonably available.

(b) The department shall make the reports publicly available on the Internet and shall notify all labor organizations that represent state employees when the reports are available.

(7) The department may adopt rules for the administration of this section, including rules governing how temporary, seasonal or part-time employees are accounted for in the calculation of a supervisory ratio.

(8) As used in this section:

(a) “Job families” means groups of occupations based upon work performed, skills, education, training and credentials.

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

(c) Intentionally left blank —Ed.

(A) “State agency” means all state officers, boards, commissions, departments, institutions, branches, agencies, divisions and other entities, without regard to the designation given to those entities, that are within the executive branch of government as described in Article III, section 1, of the Oregon Constitution.

(B) “State agency” does not include:

(i) The legislative department as defined in ORS 174.114 (“Legislative department” defined) ;

(ii) The judicial department as defined in ORS 174.113 (“Judicial department” defined) ;

(iii) The Secretary of State and the State Treasurer;

(iv) Semi-independent state agencies listed in ORS 182.454 (Semi-independent state agencies) ;

(v) The Oregon Tourism Commission;

(vi) The Oregon Film and Video Office;

(vii) Public universities listed in ORS 352.002 (Public universities) ;

(viii) The Oregon Health and Science University;

(ix) The Travel Information Council;

(x) Oregon Corrections Enterprises;

(xi) The Oregon State Lottery Commission;

(xii) The State Accident Insurance Fund Corporation;

(xiii) The Oregon Utility Notification Center;

(xiv) Oregon Community Power;

(xv) The Citizens’ Utility Board;

(xvi) A special government body as defined in ORS 174.117 (“Special government body” defined) ;

(xvii) Any other public corporation created under a statute of this state and specifically designated as a public corporation; and

(xviii) Any other semi-independent state agency denominated by statute as a semi-independent state agency.

(d) “Supervisory employee” has the meaning given that term in ORS 243.650 (Definitions for ORS 243.650 to 243.809) .

(e) “Supervisory ratio” means the ratio of employees who are supervisory employees to employees who are not supervisory employees.

Note: 291.227 (Maximum supervisory ratios of certain state agencies) 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 291.227 — Maximum supervisory ratios of certain state agencies; reporting; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.485 — OR Code / Title 28 / Chapter 293 / Section 293.485
293.485 Effect of wrongful payment
Status: in_force

When any instrument is paid, other than as authorized by ORS 293.465 (Definitions for ORS 293.465 to 293.485) to 293.480 (Adoption of uniform procedure for issuing duplicate instruments) , such wrongful payment shall not relieve the political body issuing the instrument from liability to the true and lawful owner thereof; but the officer or person making such wrongful payment and the sureties on the official bond of the officer or person, if any, shall be responsible to the political body represented by the officer or person in making such payment, for the full amount of the loss occasioned thereby. [Formerly 291.524]

Source: Section 293.485 — Effect of wrongful payment; liability of officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.850 — OR Code / Title 28 / Chapter 294 / Section 294.850
294.850 Contracts with persons to perform investment 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 the investment officer, to perform the functions specified in ORS 294.845 (Investment officer to invest, reinvest pool funds) to the extent provided in the contract. Performance of functions under contract so entered into 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 pool. 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 so entered into and functions performed thereunder are not subject to the State Personnel Relations Law or ORS 279A.140 (State procurement of goods and services) . [1973 c.748 §11; 2003 c.794 §251]

Source: Section 294.850 — Contracts with persons to perform investment functions; compensation; bond , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.270 — OR Code / Title 28 / Chapter 293 / Section 293.270
293.270 Record of moneys deposited under ORS 293.265
Status: in_force

(1) The State Treasurer shall create a record of the moneys deposited with the State Treasurer pursuant to ORS 293.265 (Disposition of collected moneys) and shall place all moneys so deposited, except money which forms all or part of any private donation or contribution, to the credit of appropriate funds or accounts designated by law.

(2) All money deposited with the State Treasurer which forms all or part of any private donation or contribution shall be placed by the State Treasurer in a separate trust fund for the use and benefit for which such donation or contribution was made.

(3) All interest, if any, earned by the trust fund shall inure to the benefit of the trust fund. [Formerly 291.438; 1969 c.141 §4; 1999 c.412 §2]

Source: Section 293.270 — Record of moneys deposited under ORS 293.265; interest , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.615 — OR Code / Title 28 / Chapter 294 / Section 294.615
294.615 Oath of commissioner
Status: in_force

Before taking office each commissioner shall take and subscribe the following oath, before an officer qualified to administer oaths, in substantially the following form:

State of Oregon )

) ss.

County of______ )

I, ________, being first duly sworn, depose and say that

for the term of ___ year (s), to which I have been appointed as a member of the tax supervising and conservation commission for ______ County, I will faithfully and impartially discharge the duties of my said office; that I will support the Constitution of the United States and the Constitution of the State of Oregon and all laws passed in pursuance of either; that I will endeavor to secure economical expenditure of public funds sufficient in amount to afford efficient and economical administration of government in the county for which I have been appointed, and in each city, town, port, school district, union high school district, road district, irrigation district, water district, dock commission and all other municipal corporations within the territorial limits of my county; and that I will perform said duty without fear, favor or compulsion, and without hope of reward.

_______________

Subscribed and sworn to before me this ___ day of______, 2__.

_______________

Notary Public of Oregon

My commission expires______.

Source: Section 294.615 — Oath of commissioner , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.235 — OR Code / Title 28 / Chapter 293 / Section 293.235
293.235 “State agency” defined for ORS 293.240 and 293.245
Status: in_force

As used in ORS 293.240 (Writing off uncollectible debts due state agency) and 293.245 (Subsequent collection of debt written off under ORS 293.240) , “state agency” has the meaning given that term in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) . [1965 c.448 §1; 2019 c.278 §18]

Source: Section 293.235 — “State agency” defined for ORS 293.240 and 293.245 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.095 — OR Code / Title 28 / Chapter 293 / Section 293.095
293.095 Effect of change in organization of state agencies on gifts, devises and bequests
Status: in_force

The state may abolish agencies, change or transfer agency functions or rename any state agency. Notwithstanding any such action, property acquired by the state through gift, devise or bequest, when the purpose of the grant is stated or implied as provided in ORS 293.090 (Disposition of gift, devise or bequest to state or state agency) , shall continue to be used by any successor agency for the purpose specified. If property is held in trust, a change in agency name or transfer of agency functions, including administration of a trust, shall not be deemed a deviation from the terms of the trust. [1979 c.143 §2]

Note: See note under 293.090 (Disposition of gift, devise or bequest to state or state agency) .

GENERAL FUND; OTHER STATE FUNDS

Source: Section 293.095 — Effect of change in organization of state agencies on gifts, devises and bequests , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.234 — OR Code / Title 28 / Chapter 291 / Section 291.234
291.234 Department to make allotments to state officers and agencies of appropriations and funds
Status: in_force

(1) The Oregon Department of Administrative Services shall make allotments to state officers and agencies of appropriations and funds pursuant to the allotment system provided for in 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) .

(2) For the purposes of the allotment system, each fiscal year shall be divided into four quarterly allotment periods, beginning, respectively, on the first days of July, October, January and April. The department may prescribe a different period suited to the circumstances or may exempt agencies that have demonstrated to the department’s satisfaction that the appropriate fiscal controls are in place. [Amended by 1993 c.724 §4]

Source: Section 291.234 — Department to make allotments to state officers and agencies of appropriations and funds; allotment period; exemptions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.515 — OR Code / Title 28 / Chapter 294 / Section 294.515
294.515 Appeal by municipal corporation from Department of Revenue order
Status: in_force

Any municipal corporation aggrieved by and directly affected by an order of the Department of Revenue relating to the preparation of budgets or the extension of any tax levy may appeal to the Oregon Tax Court in the manner provided by ORS 305.404 (Oregon Tax Court) to 305.560 (Appeals procedure generally) . [1963 c.576 §33a; 1979 c.689 §2; 1995 c.650 §102]

Source: Section 294.515 — Appeal by municipal corporation from Department of Revenue order , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.095 — OR Code / Title 28 / Chapter 294 / Section 294.095
294.095 Action or proceeding with respect to budget or levy
Status: in_force

Wherever it is provided by law that any action or proceeding of any county, city, school district or other municipal corporation or body politic shall be taken with respect to a budget or tax levy for the calendar year, or for a fiscal year closing on any day other than June 30, each such action or proceeding shall be taken with respect to the fiscal year commencing on July 1 and closing on June 30.

Source: Section 294.095 — Action or proceeding with respect to budget or levy; fiscal year with respect to which taken , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.465 — OR Code / Title 28 / Chapter 293 / Section 293.465
293.465 Definitions for ORS 293.465 to 293.485
Status: in_force

(1) As used in ORS 293.465 (Definitions for ORS 293.465 to 293.485) to 293.485 (Effect of wrongful payment) :

(a) “Instrument” means a warrant, check or order issued by the state, or by any board, department, commission or officer of the state, or an electronic image or record of such a warrant, check or order.

(b) “Subdivision” means any county, municipal corporation, quasi-municipal corporation, or civil or political subdivision in this state.

(2) Subject to ORS 293.470 (Payment on lost, stolen or destroyed instruments) , an instrument may not be paid until the instrument, or the duplicate thereof issued under ORS 293.475 (Issuance of duplicate instrument) , is presented for payment as provided by law for such instrument. [Formerly 291.516; 2005 c.110 §1]

Source: Section 293.465 — Definitions for ORS 293.465 to 293.485; presentation of instrument for payment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.407 — OR Code / Title 28 / Chapter 291 / Section 291.407
291.407 Mass Transit Assistance Account
Status: in_force

(1) The Mass Transit Assistance Account is established in the General Fund of the State Treasury. The account shall consist of moneys deposited in the account under ORS 291.405 (Assessment of state agencies for mass transit purposes) and as otherwise provided by law. The moneys in the account are continuously appropriated to the Oregon Department of Administrative Services to be used as provided in this section.

(2) The Oregon Department of Administrative Services shall distribute moneys from the account established under this section to districts described in ORS 291.405 (Assessment of state agencies for mass transit purposes) on the last day of each calendar quarter. Subject to the limitations in this section, the amount distributed to each district shall be equal to the total assessments received by the department during the immediate preceding three months under ORS 291.405 (Assessment of state agencies for mass transit purposes) from agencies with employees performing subject services within that district.

(3) Distributions under this section are subject to the following limitations:

(a) Except for newly formed districts, the Oregon Department of Administrative Services shall not distribute to a district during a calendar year an amount that exceeds the amount received by the district under the district’s own taxes during the immediate preceding fiscal year of the district.

(b) The Oregon Department of Administrative Services shall not distribute to a newly formed district during a calendar year an amount that exceeds the amount the budget approved by the district board proposes as revenue for the district from the district’s own taxes during the current fiscal year of the district. If the district does not collect the proposed amount, the department shall make adjustments in the distributions during subsequent years to recover any amount paid under this section that is over the amount the district actually received under the district’s own taxes.

(4) The limitations imposed under this section that are based on amounts received by a district under its own taxes do not include amounts received by the district from farebox revenues, federal moneys, state moneys, gifts, investments, bonds or similar moneys received by the district.

(5) The Department of Transportation shall provide the Oregon Department of Administrative Services with any information concerning a mass transit district or transportation district that the Oregon Department of Administrative Services determines necessary for the performance of its duties under this section and ORS 291.405 (Assessment of state agencies for mass transit purposes) . The Department of Transportation shall provide the information in the form and at times determined by the Oregon Department of Administrative Services.

(6) In exchange for payments authorized under this section to transit districts, the State of Oregon and its agencies shall be exempt, with respect to existing state buildings and newly constructed, acquired or renovated state buildings, from any parking code requirements that have been or may be established by any political subdivision within the boundaries of a transit district receiving such payments.

(7) As used in this section, “state buildings” includes office buildings as defined in ORS 276.110 (Definitions for ORS 276.009, 276.013, 276.015 and 276.110 to 276.137) . [1981 c.788 §2; 2019 c.278 §10]

Note: See note under 291.405 (Assessment of state agencies for mass transit purposes) .

Source: Section 291.407 — Mass Transit Assistance Account; source; distribution; assistance of Department of Transportation; exemption from parking code requirements , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.225 — OR Code / Title 28 / Chapter 293 / Section 293.225
293.225 Construction of ORS 293.205 to 293.220
Status: in_force

ORS 293.205 (Definitions for ORS 293.205 to 293.225) to 293.220 (Interest on transferred moneys or credits) shall not be construed as an appropriation Act and no appropriation made for any purpose shall be exceeded or increased by reason of any of the provisions of such sections, nor shall any budgetary designation be altered or affected by such sections. [Formerly 291.410]

Source: Section 293.225 — Construction of ORS 293.205 to 293.220 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.505 — OR Code / Title 28 / Chapter 293 / Section 293.505
293.505 Secretary of State as Auditor of Public Accounts
Status: in_force

(1) The performance of functions as provided by law by the Oregon Department of Administrative Services or any other state agency in the processing, approval and disapproval of claims for payment from any moneys in the State Treasury and in the drawing of warrants in payment thereof does not constitute or affect the performance of constitutional functions of the Secretary of State as Auditor of Public Accounts.

(2) A claim for payment from any moneys in the State Treasury may not be paid, notwithstanding approval thereof or the drawing of a warrant in payment thereof as otherwise provided by law, if the claim is disapproved by the Secretary of State in the performance of constitutional functions as Auditor of Public Accounts. [1967 c.454 §29]

Source: Section 293.505 — Secretary of State as Auditor of Public Accounts; claim disapproved in performance of constitutional functions not to be paid , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.125 — OR Code / Title 28 / Chapter 293 / Section 293.125
293.125 Department to make accounting entries and charge claims against special dedicated funds
Status: in_force

The Oregon Department of Administrative Services shall, by appropriate entries made at monthly periods, credit the several objects with the amounts which may be received respectively from the several sources and charge against the same any claims incurred in pursuance of authority of law, in the same manner as is provided for the payment of claims against the state. [Formerly 291.360; 1967 c.454 §99]

Source: Section 293.125 — Department to make accounting entries and charge claims against special dedicated funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.857 — OR Code / Title 28 / Chapter 293 / Section 293.857
293.857 Separate accounts for each local government
Status: in_force

(1) When the investment officer invests the funds of any county, municipality, school district or other political subdivision of this state or of a tribal government, the investment officer shall keep a separate account for each such governmental unit the funds of which are being invested.

(2) The investment officer shall report monthly to each such governmental unit the changes made during the preceding month in the investments for the account of that governmental unit. The monthly reports shall be provided to the governmental units within 30 days after the end of the month to which they pertain.

(3) All funds invested by the investment officer shall be invested in accordance with rules adopted or readopted at least annually by the Oregon Short Term Fund Board and approved by the Oregon Investment Council. Such rules shall be published, shall be made available to all interested parties and shall be distributed at least annually to all local governments and tribal governments investing funds pursuant to ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) . [Formerly 293.820]

Source: Section 293.857 — Separate accounts for each local government; report; investment rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.831 — OR Code / Title 28 / Chapter 294 / Section 294.831
294.831 Investment objective
Status: in_force

(1) The investment officer shall seek to obtain a competitive return on investments of the investment pool subject to the standards set forth in ORS 294.835 (Standard of care) and consistent with the liquidity requirements demanded by the short term nature of local government and tribal government deposits in the pool.

(2) The investment officer shall at all times hold investments which mature in three years or less, in an amount not less than an amount equal to the aggregate of all funds placed with the investment officer by local governments and tribal governments under ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) , which investments shall be from the funds defined in ORS 293.701 (Definitions for ORS 293.701 to 293.857) (2)(o).

(3) Notwithstanding subsection (2) of this section, the investment officer may purchase legally issued general obligations of the United States and of the agencies and instrumentalities of the United States if the seller of the obligations agrees to repurchase the obligations within 90 days following the date on which the investment officer makes the investment. The price paid by the investment officer for such obligations may not exceed amounts or percentages prescribed by written policy of the Oregon Investment Council or the Oregon Short Term Fund Board created by ORS 294.885 (Oregon Short Term Fund Board) .

(4) Investments and commitments of the investment pool which do not conform to the quality or maturity requirements set forth in ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) shall be liquidated by the investment officer once the market value of such investments and commitments reaches book value, or as soon as is practicable thereafter. [1979 c.608 §3 (enacted in lieu of 294.830); 1981 c.880 §16; 1987 c.381 §3; 1993 c.18 §61; 1995 c.40 §1; 2009 c.541 §14; 2013 c.338 §5]

Source: Section 294.831 — Investment objective; limit on maturity dates , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.701 — OR Code / Title 28 / Chapter 293 / Section 293.701
293.701 Definitions for ORS 293.701 to 293.857
Status: in_force

As used in ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) , unless the context requires otherwise:

(1) “Council” means the Oregon Investment Council.

(2) “Investment funds” means:

(a) Public Employees Retirement Fund referred to in ORS 238.660 (Fund generally) ;

(b) Industrial Accident Fund referred to in ORS 656.632 (Industrial Accident Fund) ;

(c) Consumer and Business Services Fund referred to in ORS 705.145 (Consumer and Business Services Fund) ;

(d) Employment Department Special Administrative Fund referred to in ORS 657.822 (Employment Department Special Administrative Fund) ;

(e) Insurance Fund referred to in ORS 278.425 (Insurance Fund) ;

(f) Funds under the control and administration of the Department of State Lands;

(g) Oregon Student Assistance Fund referred to in ORS 348.570 (Funds in State Treasury) ;

(h) Moneys made available to the Commission for the Blind under ORS 346.270 (Receipt and expenditure of gifts and bequests) and 346.569 (Fund from net proceeds of operation of vending facilities) or rules adopted thereunder;

(i) Forest Development Revenue Bond Fund referred to in ORS 530.147 (Forest Development Revenue Bond Fund) and State Forestry General Obligation Bond Fund referred to in ORS 530.280 (State Forestry General Obligation Bond Fund) ;

(j) Oregon War Veterans’ Fund referred to in ORS 407.495 (Oregon War Veterans’ Fund) ;

(k) Oregon War Veterans’ Bond Sinking Account referred to in ORS 407.515 (Oregon War Veterans’ Bond Sinking Account) ;

(L) World War II Veterans’ Compensation Fund;

(m) World War II Veterans’ Bond Sinking Fund;

(n) Funds in the hands of the State Treasurer that are not required to meet current demands and that are invested in the Oregon Short Term Fund established under ORS 293.728 (Oregon Short Term Fund) or in another commingled investment vehicle;

(o) State funds that are not subject to the control and administration of officers or bodies specifically designated by law;

(p) Funds derived from the sale of state bonds;

(q) Social Security Revolving Account referred to in ORS 237.490 (Deposit investment and payment of funds) ;

(r) Public University Fund established by ORS 352.450 (Public University Fund) ;

(s) Local Government Employer Benefit Trust Fund referred to in ORS 657.513 (Political subdivision contribution payments from Local Government Employer Benefit Trust Fund) ;

(t) Education Stability Fund established by ORS 348.696 (Education Stability Fund) ;

(u) Deferred Compensation Fund established under ORS 243.411 (Deferred Compensation Fund) ;

(v) Trust for Cultural Development Account established under ORS 359.405 (Trust for Cultural Development Account) ;

(w) The State Library Donation Fund and the Talking Book and Braille Library Endowment Fund subaccount established under ORS 357.195 (State Library Donation Fund) ;

(x) Funds in the Unclaimed Property and Estates Fund; and

(y) Funds in the Common School Fund or any subaccount of the fund, that are available for investment.

(3) “Investment officer” means the State Treasurer in the capacity as investment officer for the council. [1967 c.335 §1; 1967 c.399 §5; 1971 c.408 §1; 1975 c.363 §1a; 1975 c.471 §1a; 1977 c.491 §11; 1977 c.892 §31; 1979 c.814 §3; 1980 c.19 §2; 1981 c.660 §47; 1985 c.565 §48; 1985 c.731 §25; 1985 c.759 §38; 1985 c.816 §14; 1987 c.373 §28; 1987 c.616 §6; 1987 c.652 §17; 1989 c.224 §49; 1989 c.597 §8; 1991 c.459 §378; 1993 c.18 §58; 1993 c.210 §19; 1995 c.12 §3; 1997 c.179 §21; 1999 c.274 §21; 1999 c.1078 §67; 2001 c.922 §14; 2001 c.954 §25; 2002 s.s.3 c.6 §9; 2003 c.67 §35a; 2003 c.625 §30; 2003 c.733 §82; 2009 c.541 §11; 2009 c.762 §41; 2009 c.821 §29; 2009 c.831 §17; 2015 c.767 §11; 2015 c.840 §24; 2017 c.717 §18; 2019 c.678 §64; 2020 s.s.1 c.15 §§15,16; 2021 c.424 §§18,19]

Source: Section 293.701 — Definitions for ORS 293.701 to 293.857 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.428 — OR Code / Title 28 / Chapter 292 / Section 292.428
292.428 Cost of living adjustment for judicial salaries
Status: in_force

(1) Annual salaries of judges of the Supreme Court, the Court of Appeals, circuit courts and the Oregon Tax Court established under ORS 292.406 (Court of Appeals judges) , 292.411 (Supreme Court Chief Justice and judges) , 292.416 (Circuit court judges) and 292.426 (Tax court judge) shall be adjusted to reflect the same percentage amount of any positive cost of living adjustment granted to employees in the management service in the executive department.

(2) The adjustment described in subsection (1) of this section shall occur at the same time that salaries of employees in the management service in the executive department are adjusted.

(3) As used in this section:

(a) “Executive department” has the meaning given that term in ORS 174.112 (“Executive department” defined) .

(b) “Management service” means the management service as provided in ORS 240.212 (Management service) . [2015 c.840 §27]

Note: 292.428 (Cost of living adjustment for judicial salaries) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 292 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 292.428 — Cost of living adjustment for judicial salaries , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 292.160 — OR Code / Title 28 / Chapter 292 / Section 292.160
292.160 Repayment of amounts advanced
Status: in_force

(1) The amounts advanced by the State Treasurer under ORS 292.150 (Advances upon mileage allowances of members of legislature and upon salaries of legislative employees and other state employees) shall be repaid to the State Treasurer through warrants issued by the Oregon Department of Administrative Services in payment of properly approved vouchers.

(2) The State Treasurer, as assignee of the parties to whom such advances have been made, is authorized to:

(a) Verify the vouchers.

(b) Indorse, as assignee, the warrants drawn in favor of the parties to whom the advances have been made, or to such parties and to the State Treasurer as assignee jointly.

(c) Reimburse, from the proceeds of the warrants, the funds or accounts from which the advances have been made.

Source: Section 292.160 — Repayment of amounts advanced , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 297.710 — OR Code / Title 28 / Chapter 297 / Section 297.710
297.710 Removal of accountant from roster
Status: in_force

(1) The Oregon Board of Accountancy, for cause, may remove from the roster the name of any person appearing thereon and may provide for the reinstatement thereof.

(2) The board shall remove from the roster the name of any person appearing thereon if the person ceases to possess the qualifications described in ORS 297.680 (Rules for establishing and maintaining roster) . If after such removal the board determines that such person later possesses such qualifications, the board may provide for the reinstatement of that person’s name on the roster without an examination. [Amended by 1965 c.332 §5]

Source: Section 297.710 — Removal of accountant from roster; reinstatement , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.860 — OR Code / Title 28 / Chapter 294 / Section 294.860
294.860 Custody of investment documents
Status: in_force

(1) Except as provided in ORS 294.850 (Contracts with persons to perform investment functions) and this subsection, all instruments of title of all investments of the investment pool shall remain in the custody of the investment officer. The investment officer may deposit with one or more custodial agents or banks those instruments of title that the State Treasurer considers advisable, to be held in safekeeping by the agents or banks for collection of the principal and interest or other income, or of the proceeds of sale or maturity. For purposes of this section, instruments of title of investments of the investment pool may include such evidence of title as the investment officer shall consider secure and consistent with modern investment, banking and commercial practices, and may include book entry and automated recordation of such title.

(2) Except as provided in ORS 294.850 (Contracts with persons to perform investment functions) and 294.855 (Legal opinions) (3) and subsections (1) and (3) of this section, the investment officer shall collect the principal and interest or other income of investments of the investment pool, title of which is in the investment officer’s custody, when due and payable, and shall pay to the appropriate local government official or tribal government official the principal and interest or other income, within 30 days after the last day of the calendar quarter in which the principal and interest or other income accrues. Not less often than quarterly and without regard to whether the short-term investments were made with moneys placed by local government officials, by tribal government officials or by other sources, the investment officer shall compute the amount by which the current fair market value exceeds or is less than the net purchase price of all short-term investments administered by the investment officer that mature more than 270 days from the date computation is made. The investment officer shall compute the fair market value of such investments based upon the mean value of the bid and ask price of such investments as of the date of computation, based upon quotations from reputable dealers or financial institutions dealing in such investments. If the amount so computed by the investment officer totals more than one percent of the balance of the pool, either in terms of a gain or loss, the investment officer shall allocate the amount to all pool participants. Any addition to or deduction from amounts to be distributed shall be allocated among the municipalities and tribal governments participating in the pool at any time during the month in proportion to their average daily balances of funds invested through the pool. Investments maturing 270 days or less from the date of computation shall not be subject to the foregoing computation, but for other purposes shall be valued at book value or original purchase price.

(3) In the event of default in the payment of principal or interest or other income of any investment of the investment pool, the investment officer, with the approval of the council, may:

(a) Institute the proper proceedings to collect the matured principal or interest or other income.

(b) Accept for exchange purposes refunding bonds or other evidences of indebtedness at interest rates to be agreed upon by the investment officer and obligor.

(c) Make compromises, adjustments or disposition of the matured principal or interest or other income as the investment officer considers advisable for the purpose of protecting the moneys invested.

(d) Make compromises or adjustments as to future payments of principal or interest or other income as the investment officer considers advisable for the purposes of protecting the moneys invested. [1973 c.748 §13; 1979 c.475 §2; 1987 c.381 §4; 1991 c.88 §1; 1995 c.40 §2; 2013 c.338 §6]

Source: Section 294.860 — Custody of investment documents; collection and distribution of income; calculation and allocation of profit and loss; defaulted payments of principal and interest, collection, compromise , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.014 — OR Code / Title 28 / Chapter 292 / Section 292.014
292.014 Definitions for ORS 292.014 to 292.036
Status: in_force

As used in ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) :

(1) “Authorized employee deductions” includes all authorized deductions made from the salary and wages of an officer or employee of a state agency.

(2) “Salaries and wages” means payments to officers and employees of a state agency for services rendered other than on a fee basis. [1955 c.495 §1; 1961 c.108 §9]

Source: Section 292.014 — Definitions for ORS 292.014 to 292.036 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.750 — OR Code / Title 28 / Chapter 294 / Section 294.750
294.750 Experience and liability of successor political subdivisions
Status: in_force

(1) The experience and liabilities of a political subdivision that has ceased to exist shall be acquired by the successor political subdivision.

(2) Notwithstanding subsection (1) of this section, all units of government who are parties to an agreement to form a political subdivision shall be liable for any unpaid assessments of that political subdivision and for such amounts as necessary to maintain the account balance of the political subdivision, if no longer in existence, at zero dollars. [1977 c.491 §9]

Source: Section 294.750 — Experience and liability of successor political subdivisions; unpaid assessment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.290 — OR Code / Title 28 / Chapter 291 / Section 291.290
291.290 Cash account of state agency for receipts from Economic Development Fund
Status: in_force

If a state agency is authorized to receive moneys from the Administrative Services Economic Development Fund based on approved legislative limitations, such moneys shall be deposited in a general fund cash account in the State Treasury unless funds are directed to be deposited elsewhere. If the receiving agency is not authorized by statute to have such a cash account, the Oregon Department of Administrative Services in cooperation with the State Treasurer may create a cash account in the General Fund for the receipt of these moneys. [1985 c.828 §17]

Note: See note under 291.285 (Payment of accounting charges from Economic Development Fund) .

Source: Section 291.290 — Cash account of state agency for receipts from Economic Development Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.250 — OR Code / Title 28 / Chapter 292 / Section 292.250
292.250 Reimbursement for use of privately owned motor vehicle on official business
Status: in_force

(1) A person may not be reimbursed by a state agency for the use on official or state related business of a privately owned motor vehicle at a rate to exceed the rates established and regulated by the Oregon Department of Administrative Services. Reimbursement shall be paid only for distances actually traveled and trips made in the performance of official or state related duties.

(2) The department shall adopt a statewide policy for implementation of a tiered mileage reimbursement rate schedule for reimbursement by state agencies for the use of a privately owned motor vehicle while conducting state business.

(3) The reimbursement rates adopted by the department must be equivalent to the reimbursement rates established by the United States General Services Administration for reimbursement for the use of privately owned motor vehicles when conducting government business.

(4) The rates adopted under subsection (2) of this section shall be deemed to be in full compensation for all and every expense, charge or liability incurred through the use of the privately owned motor vehicle, including the cost of gasoline, oil, repair parts, depreciation, taxes, insurance and maintenance and upkeep of every kind and nature.

(5) No law enacted before August 2, 1951, allowing the recovery by any person of necessary and reasonable traveling expenses incurred in the performance of official duties shall be construed to authorize payment by the state for the use of a privately owned motor vehicle on a basis in excess of the rate provided in subsection (1) of this section. [Amended by 1965 c.8 §1; 1971 c.153 §2; 1971 c.244 §1; 1973 c.224 §1; 1974 c.10 §1; 1975 c.525 §1; 1979 c.179 §1; 2011 c.88 §1]

Source: Section 292.250 — Reimbursement for use of privately owned motor vehicle on official business; statewide tiered mileage reimbursement rate schedule , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 297.405 — OR Code / Title 28 / Chapter 297 / Section 297.405
297.405 Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990
Status: in_force

As used in 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) :

(1) “Accountants” means all accountants whose names are included in the roster prepared and maintained by the Oregon Board of Accountancy as required by ORS 297.670 (Board of Accountancy to prepare and maintain roster) .

(2) “Accounts” means all books, papers, files, letters and records of any nature or in any form used in conducting the affairs of the municipal corporation or in recording the transactions thereof.

(3) “Board” means the Oregon Board of Accountancy.

(4) “Fiscal affairs” means and includes all activities of any nature giving rise to or resulting from financial transactions, including compliance with legal requirements applicable to the operation of a municipal corporation.

(5) “Municipal corporation” means a:

(a) City;

(b) County;

(c) Special district;

(d) School district or an education service district;

(e) Corporation, except a municipal corporation established pursuant to ORS 441.525 (Definitions for ORS 441.525 to 441.595) to 441.595 (Construction of ORS 441.525 to 441.595) , upon which is conferred powers of the state for the purpose of local government; or

(f) Public corporation, including a cooperative body formed between municipal corporations.

(6) “Public corporation” means a corporation the operation of which is subject to control by local government or its officers and which, at least in part, is organized to serve a public purpose of, and receives public funds or other support having monetary value from, such government. [1977 c.774 §2; 1979 c.286 §7; 1987 c.423 §1; 2005 c.443 §15; 2011 c.647 §3]

Source: Section 297.405 — Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 292.288 — OR Code / Title 28 / Chapter 292 / Section 292.288
292.288 State claim on advances
Status: in_force

The state shall have a prior claim against and a right to withhold any and all funds payable, or to become payable, by the state to any officer or employee up to the amount of such advance. [1971 c.244 §5]

Source: Section 292.288 — State claim on advances , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.713 — OR Code / Title 28 / Chapter 293 / Section 293.713
293.713 When compensation of council member as director of business prohibited
Status: in_force

A member of the Oregon Investment Council is prohibited from accepting compensation for service, except per diem and reimbursement for travel expenses, on the board of directors of any business in which the state has an equity interest, other than publicly traded common stock. [1993 c.718 §3]

Note: 293.713 (When compensation of council member as director of business prohibited) 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 293.713 — When compensation of council member as director of business prohibited , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.040 — OR Code / Title 28 / Chapter 291 / Section 291.040
291.040 State financial report
Status: in_force

(1) Within 180 days of the close of each fiscal year, the Oregon Department of Administrative Services shall prepare a financial report for the State of Oregon. The report shall contain financial statements which fairly present the financial condition and results of operation of the State of Oregon in accordance with current, generally accepted accounting principles and such other financial and statistical information as may be necessary to completely and accurately disclose the financial condition and financial operations of the state and its various agencies.

(2) As used in subsection (1) of this section, “generally accepted accounting principles” means those accounting principles sanctioned by recognized authoritative bodies such as the Governmental Accounting Standards Board, the American Institute of Certified Public Accountants or their successors. [1977 c.897 §1; 1989 c.152 §1; 1991 c.220 §6]

Note: 291.040 (State financial report) and 291.042 (Copyright, patent or other use of state data processing programs, information or materials) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.040 — State financial report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.040 — OR Code / Title 28 / Chapter 294 / Section 294.040
294.040 Restriction on investments under ORS 294.035
Status: in_force

The bonds listed in ORS 294.035 (Investment of funds of political subdivisions) (3)(a) to (c) may be purchased only if there has been no default in payment of either the principal of or the interest on the obligations of the issuing county, port, school district or city, for a period of five years next preceding the date of the investment. [Amended by 1995 c.245 §3; 2005 c.443 §21]

Source: Section 294.040 — Restriction on investments under ORS 294.035 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.220 — OR Code / Title 28 / Chapter 292 / Section 292.220
292.220 Department to regulate subsistence and mileage allowances for travel
Status: in_force

The amounts and nature of subsistence allowances for travel, and the rate of mileage allowance for travel by private automobile, payable by state agencies, shall be adopted and regulated by the Oregon Department of Administrative Services within any limits that may be prescribed by statute. The department shall prescribe by rule the conditions under which allowances for travel by private automobile may be made. [Amended by 2005 c.22 §215; 2011 c.88 §3]

Source: Section 292.220 — Department to regulate subsistence and mileage allowances for travel; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 292.080 — OR Code / Title 28 / Chapter 292 / Section 292.080
292.080 Issuance of bonds
Status: in_force

(1) The Oregon Department of Administrative Services shall maintain a record of all deductions made from the compensation of employees under authority of ORS 292.070 (Withholding compensation to purchase United States Savings Bonds or other obligations) . When sufficient funds have accumulated to the credit of an employee to permit the issuance of a United States Savings Bond or other federal obligation of the kind and in the denomination desired by the employee, the department shall issue or procure the bond or other obligation purchased by the employee.

(2) All such bonds or other obligations issued by the department in behalf of the federal government shall be:

(a) Forwarded to the purchasing employee by the department by mail in envelopes furnished by the federal government; or

(b) Delivered by the department to the board, department, commission or other state agency by which the purchaser is employed, for redelivery to the employee. [Amended by 1981 c.567 §4]

Source: Section 292.080 — Issuance of bonds; delivery to employee , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.388 — OR Code / Title 28 / Chapter 294 / Section 294.388
294.388 Estimates and reconciliation of expenditures and other requirements
Status: in_force

(1) Each municipal corporation shall prepare estimates of expenditures and other requirements for the ensuing year or budget period. The estimates must be reconciled so that the total amount of expenditures and other requirements in each fund equals the total amount of resources in the fund for the same period.

(2) Estimates required under subsection (1) of this section must be prepared by organizational unit or by program. For purposes of preparing the estimates, “organizational unit” does not apply to hospitals, school districts or education service districts.

(3) Estimates prepared by organizational unit pursuant to subsection (2) of this section must be detailed under separate object classifications of personnel services, materials and services and capital outlay. Separate estimates must be made for operating expenses and general capital outlays that cannot reasonably be allocated to an organizational unit and for special payments, debt service and interfund revenue transfers.

(4) Estimates prepared by program pursuant to subsection (2) of this section must be arranged for each activity of a program. Estimates under each activity must be detailed under separate object classifications of personnel services, materials and services and capital outlay. Separate estimates must be made for operating expenses and general capital outlays that cannot reasonably be allocated to an activity within a program and for special payments, debt service and interfund revenue transfers.

(5) Estimates of expenditures for personnel services must include for each organizational unit or activity the total budgeted cost of all officers and employees and the number of related full-time equivalent positions. Upon request, a municipal corporation shall make available the current salary of each officer and employee, other than persons who receive an hourly wage or who are hired on a part-time basis. For the purpose of preparing a list of salaries, employees of like classification and salary range may be listed by the number of employees, the highest and lowest salaries and the total amount of all salaries, in each salary range.

(6) Debt service estimates must include separate amounts for principal and interest for each bond issue in each fund.

(7) The estimate for a fund may include an estimate for general operating contingencies. [Formerly 294.352]

Source: Section 294.388 — Estimates and reconciliation of expenditures and other requirements; form and contents , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.322 — OR Code / Title 28 / Chapter 291 / Section 291.322
291.322 Definitions for ORS 291.322 to 291.334
Status: in_force

As used in ORS 291.322 (Definitions for ORS 291.322 to 291.334) to 291.334 (Assistance of Legislative Fiscal Office to board) :

(1) “Emergency” means any catastrophe, disaster or unforeseen or unanticipated condition or circumstance, or abnormal change of conditions or circumstances, affecting the functions of a state agency and the expenditure requirements for the performance of these functions.

(2) “State agency” means any elected or appointed officer, board, commission, department, institution, branch or other agency of the state government. [1953 c.386 §1]

Source: Section 291.322 — Definitions for ORS 291.322 to 291.334 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.845 — OR Code / Title 28 / Chapter 294 / Section 294.845
294.845 Investment officer to invest, reinvest pool funds
Status: in_force

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 pool and acquire, retain, manage, including exercise of any voting rights, and dispose of investments of the investment pool. [1973 c.748 §10]

Source: Section 294.845 — Investment officer to invest, reinvest pool funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.200 — OR Code / Title 28 / Chapter 291 / Section 291.200
291.200 Budget policy
Status: in_force

(1) It is the intent of the Legislative Assembly to require the Governor, in the preparation of the Governor’s budget, to state as precisely as possible what programs the Governor recommends be approved for funding under estimated revenues under ORS 291.342 (Annual estimation of state revenues) . If estimated revenues are inadequate, the Legislative Assembly intends that it be advised by the Governor as precisely as possible how the Legislative Assembly might proceed to raise the additional funds. It is also the intent of the Legislative Assembly, in the event that the additional funding is not possible, to be informed by the Governor precisely what programs or portions thereof the Governor recommends be reduced accordingly. Finally, if the Governor chooses to recommend additional new programs or program enhancements, the Legislative Assembly intends that the Governor specify how the additional funding might be achieved. The Legislative Assembly believes that the state government must allocate its resources for effective and efficient delivery of public services by:

(a) Clearly identifying desired results;

(b) Setting priorities;

(c) Assigning accountability; and

(d) Measuring, reporting and evaluating outcomes to determine future allocation.

(2) In addition to the intentions of subsection (1) of this section, in preparing the Governor’s budget, the Governor and the Legislative Assembly shall use an outcomes-based budgeting process described in ORS 291.217 (Outcomes-based budget) (2) and (3).

(3) To achieve the intentions of subsections (1) and (2) of this section, it is the budget policy of this state to create and administer programs and services designed to attain societal outcomes and to promote the efficient and measured use of resources.

(4) To effect the policy stated in subsection (3) of this section, state government shall:

(a) Allocate resources to achieve desired outcomes;

(b) Express program outcomes in measurable terms;

(c) Measure progress toward desired outcomes;

(d) Encourage savings;

(e) Promote investments that reduce or avoid future costs;

(f) Plan for the short term and long term using consistent assumptions for major demographic and other trends; and

(g) Require accountability at all levels for meeting program outcomes. [1985 c.270 §1; 1993 c.724 §8; 2011 c.563 §6; 2016 c.117 §11]

Note: 291.200 (Budget policy) 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 291.200 — Budget policy , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.448 — OR Code / Title 28 / Chapter 294 / Section 294.448
294.448 Manner of publication
Status: in_force

(1) If no newspaper is published in a municipal corporation the aggregate estimated budget expenditures of which do not exceed $100,000 for the ensuing fiscal year or $200,000 for the ensuing budget period, the municipal corporation may post the notice of the meeting and financial summary of the budget required under ORS 294.438 (Publication of notice of meeting, financial summary and budget summary) (1) in three conspicuous places in the municipal corporation for at least 20 days before the date of the meeting required under ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) .

(2) Notwithstanding ORS 294.438 (Publication of notice of meeting, financial summary and budget summary) , a municipal corporation having a population exceeding 200,000 and located in a county having a tax supervising and conservation commission or a municipal corporation having a population not exceeding 200,000 that has not made an election under ORS 294.625 (Jurisdiction of commission) (2) and that requests the tax supervising and conservation commission to conduct the public hearing described in ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) shall, not less than five days and not more than 30 days before the date of the meeting required under ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) , publish a notice stating:

(a) The date, time and place of the meeting required under ORS 294.453 (Hearing by governing body on budget document as approved by budget committee) ;

(b) The place where the complete budget document is available during regular business hours for inspection by the general public;

(c) Total budget requirements and taxes to be levied;

(d) Changes in the amount or rate of proposed ad valorem property taxes; and

(e) The place where copies of the complete budget or parts of the complete budget may be obtained. [Formerly 294.421]

Source: Section 294.448 — Manner of publication; alternative requirements in certain cases , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.990 — OR Code / Title 28 / Chapter 292 / Section 292.990
292.990 Penalties
Status: in_force

If any of the officers mentioned in ORS 292.316 (Governor, Secretary of State, State Treasurer and Attorney General to pay fees and commissions into treasury) fails to pay over to the State Treasurer any and all moneys collected by virtue of office, the officer shall be deemed guilty of theft and shall be punished accordingly. [Amended by 1971 c.743 §352; 1997 c.249 §90; 2003 c.794 §247; 2005 c.121 §2]

Source: Section 292.990 — Penalties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.090 — OR Code / Title 28 / Chapter 293 / Section 293.090
293.090 Disposition of gift, devise or bequest to state or state agency
Status: in_force

All property given, devised or bequeathed to the State of Oregon or to any state agency as defined in ORS 293.235 (“State agency” defined for ORS 293.240 and 293.245) shall belong to the state and shall be devoted to the agency or purpose specified in the terms of the gift, devise or bequest. A grant to a particular agency, not otherwise specifying the purpose of the grant, shall be deemed made for the purpose of carrying out any function with which the agency is charged by law at the time the grant is made. When the grant is not made to a specific agency or the purpose of the grant is not otherwise stated, title thereto and the proceeds therefrom shall become a part of the Common School Fund, to be administered in accordance with Article VIII of the Oregon Constitution. [1979 c.143 §1]

Note: 293.090 (Disposition of gift, devise or bequest to state or state agency) and 293.095 (Effect of change in organization of state agencies on gifts, devises and bequests) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.090 — Disposition of gift, devise or bequest to state or state agency , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.537 — OR Code / Title 28 / Chapter 293 / Section 293.537
293.537 Tobacco Settlement Funds Account
Status: in_force

(1) The Tobacco Settlement Funds Account is established as an account in the General Fund. Except as provided in section 2, chapter 11, Oregon Laws 2003, the account shall consist of all moneys paid to this state under the Master Settlement Agreement of 1998.

(2) Before July 1 of each odd-numbered year, the Department of Justice shall submit for approval to the Oregon Department of Administrative Services the estimated costs that will be incurred by the Department of Justice in the subsequent biennium in enforcing the provisions of ORS 180.400 (Legislative findings) to 180.455 (Revocation or suspension of distributor license) , 323.106 (Certification of intent to comply with reporting, recordkeeping and directory participation requirements) , 323.804 (Liability of nonparticipating manufacturer for equity assessment) and 323.806 (Required actions by manufacturers) . On July 1 of each odd-numbered year, a sum equal to the amount approved by the Oregon Department of Administrative Services shall be transferred from the Tobacco Settlement Funds Account to the Tobacco Enforcement Fund established under ORS 180.205 (Tobacco Enforcement Fund) . If the Department of Justice determines during a biennium that it needs funds for purposes described in this subsection in addition to the amount approved by the Oregon Department of Administrative Services, the Department of Justice may request transfer of additional moneys from the Tobacco Settlement Funds Account and the additional amount approved by the Oregon Department of Administrative Services shall be transferred to the Tobacco Enforcement Fund.

(3) Except as provided in subsection (2) of this section, all moneys in the Tobacco Settlement Funds Account are continuously appropriated to the Oregon Department of Administrative Services to be expended as directed by the Legislative Assembly.

(4) All moneys in the Tobacco Settlement Funds Account shall be invested as provided in ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.790 (Holding, investing and disposing of corporate stock) . [2001 c.977 §§1,2,3; 2002 s.s.5 c.2 §17; 2003 c.11 §8; 2003 c.801 §24; 2007 c.853 §1; 2023 c.401 §15]

Note: 293.537 (Tobacco Settlement Funds Account) 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 293.537 — Tobacco Settlement Funds Account; sources; uses; investment , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.001 — OR Code / Title 28 / Chapter 291 / Section 291.001
291.001 Use of accounting terms
Status: in_force

(1) As used in the statute laws of this state, unless the context or specially applicable definition requires otherwise, the words “subaccounts,” “accounts” or “funds” are used interchangeably, where such use is consistent with state accounting principles and is accepted for use by the State Treasurer.

(2) Unless the context or a specific provision of law provides otherwise, when a law of this state requires that a payment or transfer of moneys be made by warrant, check or electronic funds transfer the payment or transfer may be made by warrant, check, electronic funds transfer or an accounting entry in the appropriate records of any affected state agency. The Oregon Department of Administrative Services shall determine which method of payment or transfer is most appropriate, taking into consideration the established state banking, funds transfer and accounting practices at the time of the payment or transfer.

(3) The State Treasurer, in consultation with the Oregon Department of Administrative Services, may establish or designate, whenever necessary or convenient to the carrying out or administration of the accounting, budget preparation, cash management, financial management, financial reporting or similar laws of this state, subaccounts, accounts and funds in addition to or within the subaccounts, accounts and funds created by the Oregon Constitution and statutes. Subaccounts, accounts and funds established or designated under this subsection shall be administered as prescribed by written directive or policy issued or approved by the State Treasurer. The authority granted by this subsection is in addition to, and not in limitation of, the authority granted by ORS 293.445 (Definition for ORS 293.445 to 293.460) and 293.447 (Establishment of accounts for purposes other than those in ORS 293.445 authorized) . [1993 c.73 §5; 1997 c.122 §4; 2003 c.17 §1]

Source: Section 291.001 — Use of accounting terms; determination of appropriate methods of transfer; establishment of funds and accounts , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.515 — OR Code / Title 28 / Chapter 293 / Section 293.515
293.515 Withholding salary of state official or employee failing to settle accounts or correct delinquencies or errors in audit reports
Status: in_force

(1) In the discharge of the constitutional duties of Auditor of Public Accounts, the Secretary of State may certify to the Governor the failure of any state official or state employee:

(a) To settle accounts or render such statements as may be required with respect to the custody or disposition of public funds or other state property; or

(b) To correct any major delinquencies, deficiencies, improper procedures or errors appearing in audit reports within a reasonable time.

(2) Within 90 days of certification to the Governor under subsection (1) of this section, the state official or employee responsible shall notify the Secretary of State and the Governor, in writing, of the measures to be taken to settle accounts or render the statements under subsection (1)(a) of this section or to correct the delinquencies, deficiencies, improper procedures or errors in the audit reports. The Governor may extend the 90-day period for good cause.

(3) The Governor may issue an order requiring the state official or employee to correct any failure certified by the Secretary of State under subsection (1) of this section and may issue an order withholding the payment of the salary of the official or employee until the failure is corrected.

(4) An order issued by the Governor to withhold salary shall be entered only after notice, opportunity to be heard and hearing pursuant to the provisions of ORS chapter 183 governing contested cases.

(5) The provisions of this section do not apply to classified employees under the State Personnel Relations Law, the Legislative Assembly, members of the judiciary or any statewide elected official. [1979 c.612 §1]

Note: 293.515 (Withholding salary of state official or employee failing to settle accounts or correct delinquencies or errors in audit reports) 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 293.515 — Withholding salary of state official or employee failing to settle accounts or correct delinquencies or errors in audit reports; notice and hearing; exemptions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 297.465 — OR Code / Title 28 / Chapter 297 / Section 297.465
297.465 Standards for audits
Status: in_force

(1) The Secretary of State, in cooperation with the Oregon Board of Accountancy, and in consultation with the Oregon Society of Certified Public Accountants, shall prescribe the minimum standards for conducting audits of municipal corporations, preparing the resulting audit reports and expressing opinions upon the financial condition and results of operation for the period under audit. The expression of opinion shall be signed by the accountant signing the contract, or in the case of a partnership or professional corporation, by a partner or stockholder who is an accountant as defined in ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) , who has personally conducted the audit to an extent satisfactory to the secretary and to the municipal corporation.

(2) The municipal corporation shall be furnished with a written audit report, containing a signed expression of opinion, in the form prescribed by the Secretary of State. A copy of the audit report shall be furnished to each person who was a member of the governing body at the end of the fiscal year and to each member of the current governing body. The accountant shall furnish the audit report to the municipal corporation within six months after the close of the fiscal year under audit, unless the secretary has granted the municipal corporation an extension under subsection (3) of this section.

(3) Intentionally left blank —Ed.

(a) The municipal corporation shall file one copy of its audit report with the Secretary of State within six months after the close of the fiscal year under audit, unless the secretary, for good cause shown, grants to the municipal corporation a reasonable extension of time. The extension may not exceed one year after the close of the fiscal year under audit unless the secretary finds that extraordinary circumstances justify a longer extension. A municipal corporation is delinquent for purposes of the filing requirement under this subsection if the municipal corporation does not file the audit report by the deadline or any extended deadline described in this subsection.

(b) The report is subject to review by the secretary, who may also require submission of the supporting documentation and audit programs of the accountant.

(c) If an audit, audit report or expression of opinion is found by the secretary not to be in accordance with the prescribed standards, the secretary shall request compliance. The secretary may report the request to comply to the Oregon Board of Accountancy, which may investigate the accountant’s work or remove or suspend the name of the accountant from the roster required by ORS 297.670 (Board of Accountancy to prepare and maintain roster) .

(4) Audit reports or financial statements filed with the Secretary of State as required by ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) shall include the names, physical or electronic mailing addresses and titles of the officers and members of the governing board of the municipal corporation. The report or statement of a special district shall include the name of its registered agent and the address of its registered office as provided by ORS 198.335 (Definitions for ORS 198.335 to 198.365) to 198.365 (County board as trustees for inactive district) . [1977 c.774 §8; 1979 c.646 §3; 2007 c.184 §2; 2015 c.29 §2; 2023 c.10 §6]

Source: Section 297.465 — Standards for audits; form; filing; extensions of time , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.832 — OR Code / Title 28 / Chapter 293 / Section 293.832
293.832 Applicability of ORS 293.825 and 293.828
Status: in_force

ORS 293.825 (Policy for engagement with investment managers with investments in scrutinized companies) (2) to (5) and 293.828 (Notice on State Treasurer’s website) apply only if the Legislative Assembly appropriates sufficient moneys to the State Treasurer, other than moneys described by ORS 293.718 (Payment of expenses of State Treasurer) or moneys in the Public Employees’ Retirement Fund, to administer ORS 293.825 (Policy for engagement with investment managers with investments in scrutinized companies) (2) to (5) and 293.828 (Notice on State Treasurer’s website) . [2013 c.722 §72]

Source: Section 293.832 — Applicability of ORS 293.825 and 293.828; sufficient appropriation , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 295.001 — OR Code / Title 28 / Chapter 295 / Section 295.001
295.001 Definitions for ORS 295.001 to 295.108
Status: in_force

As used in ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) , unless the context requires otherwise:

(1) “Adequately capitalized” means a qualified depository that is classified as adequately capitalized by the depository’s primary federal regulatory authority.

(2) “Bank” means an insured institution or trust company.

(3) “Business day” means a day other than a federal or State of Oregon legal holiday or a day other than a day on which offices of the State of Oregon are otherwise authorized by law to remain closed.

(4) “Closed depository” means a qualified depository that is subject to a loss.

(5) “Collateral” means securities, or a letter of credit or similar instrument intended to ensure payment, that is approved by the State Treasurer to be used as security to ensure the obligations of a qualified depository under this chapter.

(6) “Collateral agreement” means an agreement entered into between a qualified depository and the State Treasurer under which the qualified depository agrees to provide collateral to secure its deposits of public funds and to comply with the provisions of this chapter and such other provisions as the State Treasurer determines are required to adequately protect public funds from loss.

(7) “Credit union” means a credit union as defined in ORS 723.006 (“Credit union” defined) or a federal credit union if the shares and deposits of the credit union or federal credit union are insured by the National Credit Union Administration.

(8) “Custodian” means a financial institution that meets the requirements of ORS 295.007 (Conditions for acting as custodian) .

(9) “Custodian’s receipt” or “receipt” means a document issued by a custodian that describes the securities that a qualified depository deposited with the custodian to secure public fund deposits.

(10) “Depository” means a bank or a credit union that is headquartered or has a branch office located in Oregon.

(11) “Financial institution outside this state” means a financial institution, as defined in ORS 706.008 (Additional definitions for Bank Act) , that is not an extranational institution, as defined in ORS 706.008 (Additional definitions for Bank Act) , and is not a depository, as defined in this section.

(12) “Insured institution” means an insured institution as defined in ORS 706.008 (Additional definitions for Bank Act) .

(13) “Loss” means the issuance of an order by a regulatory or supervisory authority or a court of competent jurisdiction that:

(a) Restrains a qualified depository from making payments of deposit liabilities; or

(b) Appoints a receiver for a qualified depository.

(14) “Maximum liability” means a sum equal to 10 percent of the greater of:

(a) All uninsured public funds deposits held by a qualified depository, as shown on the date of the depository’s most recent treasurer report; or

(b) The average of the balances of uninsured public funds deposits on the last two immediately preceding treasurer reports.

(15) “Minimum collateral requirement” for a qualified depository on any given date means a sum equal to:

(a) For a well capitalized qualified depository that the State Treasurer has not required to increase the qualified depository’s collateral pursuant to ORS 295.018 (Increase in required collateral of qualified depository) , 10 percent of the greatest of:

(A) All uninsured public funds held by the qualified depository, as shown on the most recent treasurer report;

(B) The average of the balances of uninsured public funds held by the qualified depository, as shown on the last two immediately preceding treasurer reports; or

(C) An amount otherwise prescribed in ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) .

(b) For a well capitalized qualified depository that the State Treasurer required to increase the depository’s collateral pursuant to ORS 295.018 (Increase in required collateral of qualified depository) , the percentage the State Treasurer required pursuant to ORS 295.018 (Increase in required collateral of qualified depository) multiplied by the greatest of:

(A) All uninsured public funds held by the qualified depository, as shown on the most recent treasurer report;

(B) The average of the balances of uninsured public funds held by the qualified depository, as shown on the last two immediately preceding treasurer reports; or

(C) An amount otherwise prescribed in ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) .

(c) For an adequately capitalized qualified depository or an undercapitalized qualified depository, 110 percent of the greater of:

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

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

(16) “Net worth” means a qualified depository’s total risk-based capital, as shown on the immediately preceding report of condition and income, and may include capital notes and debentures that are subordinate to the interests of depositors.

(17) “Pledge agreement” means a written agreement among a qualified depository, the State Treasurer and a custodian that pledges the securities the depository deposits with the custodian to secure deposits of uninsured public funds that the depository holds. The board of directors or loan committee of the depository must approve the agreement and must continuously maintain the agreement as a written record of the depository.

(18) “Public body” has the meaning given that term in ORS 174.109 (“Public body” defined) .

(19) “Public funds” or “funds” means funds that a public official has custody of or has control of by virtue of the exclusive legal right of a public body conferred through contract or by law to direct the collection, use or transfer of moneys payable to, belonging to or collected for the public body, while held by a third party such that the failure of the financial institution in which such moneys are deposited would constitute a loss of the public body’s money.

(20) “Public official” means an officer or employee of a public body.

(21) “Qualified depository” means a depository that meets the requirements of ORS 295.008 (Qualified depositories) .

(22) “Report of condition and income” means the quarterly report a qualified depository submits to the depository’s primary federal regulatory authority.

(23) “Security” or “securities” means:

(a) Obligations of the United States, including those of agencies and instrumentalities of the United States, and of government sponsored enterprises;

(b) Obligations of the International Bank for Reconstruction and Development;

(c) Bonds of a state of the United States that:

(A) Are rated in one of the four highest grades by a recognized investment service organization that has engaged regularly and continuously for a period of not less than 10 years in rating state and municipal bonds; or

(B) Having once been rated in accordance with subparagraph (A) of this paragraph, are ruled to be eligible securities for the purposes of ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) , notwithstanding the loss of the rating;

(d) Bonds of a county, city, school district, port district or other public body in the United States that are payable from or secured by ad valorem taxes and that meet the rating requirement or are ruled to be eligible securities as provided in paragraph (c) of this subsection;

(e) Bonds of a county, city, school district, port district or other public body that are issued pursuant to the Constitution or statutes of the State of Oregon or the charter or ordinances of a county or city within the State of Oregon, if the bonds meet the rating requirement or are ruled to be eligible securities as provided in paragraph (c) of this subsection;

(f) With the permission of the State Treasurer and in accordance with rules the State Treasurer adopts, loans made to a county, city, school district, port district or other public body in the State of Oregon, if the borrower has not defaulted with respect to the payment of principal or interest on any of the borrower’s loans within the preceding 10 years or during the period of the borrower’s existence if the borrower has existed for less than 10 years;

(g) With the permission of the State Treasurer and in accordance with rules the State Treasurer adopts, bond anticipation notes that an authority issues, sells or assumes under ORS 441.560 (Borrowing) ;

(h) Bonds, notes, letters of credit issued not as assurance of payment or performance but as an investment or other securities or evidence of indebtedness constituting the direct and general obligation of a federal home loan bank or Federal Reserve bank;

(i) Debt obligations of domestic corporations that are rated in one of the three highest grades by a recognized investment service organization that has engaged regularly and continuously for a period of not less than 10 years in rating corporate debt obligations; and

(j) Collateralized mortgage obligations and real estate mortgage investment conduits that are rated in one of the two highest grades by a recognized investment service organization that has engaged regularly and continuously for a period of not less than 10 years in rating corporate debt obligations.

(24) “State agency” means any officer, board, commission, department, division or institution of state government as that term is defined in ORS 174.111 (“State government” defined) .

(25) “Treasurer report” means a written report that an officer of a qualified depository that holds uninsured public funds deposits has signed or authenticated and that sets forth as of the close of business on a specified date:

(a) The total amount of uninsured public funds on deposit with the qualified depository;

(b) The total amount of public funds on deposit with the qualified depository;

(c) The net worth of the qualified depository;

(d) The amount and nature of collateral provided; and

(e) The identity of the qualified depository’s custodian, if applicable.

(26) “Treasurer report due date” means a date not less than 10 business days after the date a qualified depository’s report of condition and income is due to be submitted.

(27) “Trust company” means a trust company as defined in ORS 706.008 (Additional definitions for Bank Act) .

(28) “Undercapitalized” means a qualified depository that is classified as undercapitalized, significantly undercapitalized or critically undercapitalized by the qualified depository’s primary federal regulatory authority.

(29) Intentionally left blank —Ed.

(a) “Uninsured public funds” or “uninsured public funds deposits” means public funds deposited in a depository that exceed the amounts insured or guaranteed as described in ORS 295.002 (Deposit of public funds) (1)(b).

(b) “Uninsured public funds” or “uninsured public funds deposits” does not include public funds deposited in a certificate of deposit, time deposit or insured deposit account under ORS 295.004 (Conditions for deposit of funds in excess of specified amounts) .

(30) “Value” means the current market value of securities.

(31) “Well capitalized” means a qualified depository that is classified as well capitalized by the qualified depository’s primary federal regulatory authority. [Formerly 295.005; 2009 c.821 §1; 2010 c.101 §1; 2011 c.477 §§3,4; 2017 c.17 §25; 2019 c.587 §1]

Source: Section 295.001 — Definitions for ORS 295.001 to 295.108 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 291.246 — OR Code / Title 28 / Chapter 291 / Section 291.246
291.246 Allotments to be made for purpose or classification of expenditure prescribed in appropriation measure
Status: in_force

Allotments shall be made according to purpose and classification of expenditures prescribed in the appropriation measure as enacted by the Legislative Assembly; provided, however, that the Oregon Department of Administrative Services may make allotments for agencies by purposes or by other classification of expenditures of amounts appropriated or authorized to be expended in appropriation measures enacted by the Legislative Assembly, whether or not such measures establish classification of expenditures. In making allotments, the department shall not authorize the expenditure of moneys for any purpose not authorized by the Act appropriating the money or authorizing it to be expended, and the funds allotted for each purpose or classification of expenditure shall be used for no other purpose or classification of expenditure. [Amended by 1963 c.182 §7]

Source: Section 291.246 — Allotments to be made for purpose or classification of expenditure prescribed in appropriation measure , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.640 — OR Code / Title 28 / Chapter 294 / Section 294.640
294.640 Hearing on budget
Status: in_force

Every levying board shall be entitled to a hearing by the commission upon the budget submitted by it. The commission shall set times and places for such hearings, which shall be open to the public. The commission shall give notice, in such form and manner as it shall prescribe, of such hearing to every levying body entitled to such hearing. The levying boards shall meet with the commission at such times and places fixed by the commission for such hearings and discuss the budget with the commission.

Source: Section 294.640 — Hearing on budget , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.611 — OR Code / Title 28 / Chapter 293 / Section 293.611
293.611 Accounts and records of Secretary of State as Auditor of Public Accounts
Status: in_force

The Secretary of State shall cause to be maintained accounts and records the Secretary of State considers necessary in the performance of constitutional functions as Auditor of Public Accounts. [1967 c.454 §72]

Source: Section 293.611 — Accounts and records of Secretary of State as Auditor of Public Accounts , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 295.071 — OR Code / Title 28 / Chapter 295 / Section 295.071
295.071 Investigation by regulatory bodies other than State Treasurer
Status: in_force

(1) The State Treasurer may request that the Director of the Department of Consumer and Business Services or another state or federal agency with primary regulatory authority over a financial institution that is a qualified depository or that applies to become a qualified depository investigate and report to the State Treasurer concerning the condition of the financial institution.

(2) The financial institution examined under this section shall pay the expenses of the investigation and report.

(3) In lieu of an investigation and report, the State Treasurer may rely upon information that the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the National Credit Union Administration, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System or a state bank, thrift or credit union regulatory agency makes available to the State Treasurer or to the Director of the Department of Consumer and Business Services. [2007 c.871 §8; 2010 c.101 §19; 2019 c.587 §24]

Source: Section 295.071 — Investigation by regulatory bodies other than State Treasurer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 297.525 — OR Code / Title 28 / Chapter 297 / Section 297.525
297.525 Annual audit of county road work
Status: in_force

The annual audit required to be made of the accounts and fiscal affairs of a county shall include a cost audit, in accordance with rules of the Secretary of State, of the cost account for county road work. [1977 c.774 §13a; 2023 c.10 §8]

Source: Section 297.525 — Annual audit of county road work; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.837 — OR Code / Title 28 / Chapter 293 / Section 293.837
293.837 Definitions for ORS 293.837 to 293.847
Status: in_force

As used in ORS 293.837 (Definitions for ORS 293.837 to 293.847) to 293.847 (Applicability of ORS 293.841 and 293.843) :

(1) “Company” means any sole proprietorship, organization, firm, association, corporation, utility, partnership, venture, public franchise, franchisor or franchisee, or its wholly owned subsidiary, that exists for profit-making purposes or otherwise to secure economic advantage.

(2) “Fund of funds” means investment funds that function by secondary investment in a portfolio of other investments, including investment funds.

(3) “Index funds” means pooled investments that are passively managed with an intent to match or track the performance of a market index.

(4) Intentionally left blank —Ed.

(a) “Invest” means to commit funds or other assets to a company. “Invest” includes making a loan or other extension of credit to a company, or owning or controlling a share or interest in a company or a bond or other debt instrument issued by a company.

(b) “Investment” means the commitment of funds or other assets to a company for an interest in the company. “Investment” includes the ownership or control of a share or interest in a company or of a bond or other debt instrument issued by a company.

(5) “Iran” means the Islamic Republic of Iran.

(6) “Scrutinized company” means any company that currently has made an investment in the energy sector of Iran as described in section 202(c)(1) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (P.L. 111-195), as further determined by the United States Department of State. [2012 c.72 §2]

Source: Section 293.837 — Definitions for ORS 293.837 to 293.847 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.043 — OR Code / Title 28 / Chapter 292 / Section 292.043
292.043 Deduction for payment to foundations
Status: in_force

(1) As used in this section:

(a) “Foundation” means:

(A) A tax exempt organization designated by a rule adopted by a state agency; or

(B) A tax exempt organization designated by the governing board of a public university listed in ORS 352.002 (Public universities) to solicit contributions for the support of the public university.

(b) “Salary and wages” has the meaning given that term in ORS 292.014 (Definitions for ORS 292.014 to 292.036) .

(2) Any state official authorized to disburse funds in payment of salaries or wages of the officers and employees of a state agency, or of the officers, teachers, instructors and other employees of a public university listed in ORS 352.002 (Public universities) , is authorized, upon written request of the individual, to deduct each month from the salary or wages of the individual the amount of money designated by the individual for payment to a foundation.

(3) The individual may withdraw the authorization at any time if the individual so notifies such officer in writing.

(4) The moneys so deducted shall be paid over promptly to the foundation designated by the individual. Subject to any rules or standards prescribed by a state agency or the governing board of the public university, the state official authorized to disburse the funds in payment of salaries and wages may prescribe any procedures necessary to carry out this section. [1975 c.385 §1; 1995 c.612 §21; 2007 c.676 §4; 2009 c.762 §55; 2011 c.637 §99; 2013 c.768 §130; 2015 c.767 §94]

Source: Section 292.043 — Deduction for payment to foundations; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.250 — OR Code / Title 28 / Chapter 293 / Section 293.250
293.250 Collections Unit
Status: in_force

(1) There is created a Collections Unit in the Department of Revenue.

(2) The Department of Revenue may render assistance in the collection of any delinquent account owing to any of the following entities, if the account is assigned by the entity to the department for collection:

(a) A state agency;

(b) A public university listed in ORS 352.002 (Public universities) , notwithstanding ORS 352.138 (Applicability of laws to public universities) ;

(c) The Oregon Health and Science University, notwithstanding ORS 353.100 (Applicability of laws to university) ;

(d) A community college or community college district;

(e) A county, for debts arising pursuant to a judgment obtained under ORS 169.151 (Expenses of keeping prisoners) ; or

(f) The Oregon State Bar, notwithstanding ORS 9.010 (Status of member and Oregon State Bar) , for the purpose of collecting assignments to a client security fund established under ORS 9.625 (Plan to relieve client losses) .

(3) The Department of Revenue may render assistance in the collection of any delinquent account owing to any of the following entities, if the account is assigned to the department for the limited purpose of collection through setoff against any refunds or sums due to a debtor from the department or any other state agency:

(a) Any local government, as defined in ORS 174.116 (“Local government” and “local service district” defined) ; or

(b) Any special government body, as defined in ORS 174.117 (“Special government body” defined) .

(4) Intentionally left blank —Ed.

(a) The Department of Revenue may prescribe criteria for the kinds of accounts for which the department will render assistance under subsections (2) and (3) of this section, including a minimum dollar amount owed.

(b) Nothing in this section requires the department to render assistance in the collection of any delinquent account.

(5) Intentionally left blank —Ed.

(a) Subject to rules prescribed by the Oregon Department of Administrative Services for collection of delinquent accounts owing to entities listed in subsections (2) and (3) of this section, the Department of Revenue may render assistance in the collection and shall charge the entities separately for the cost of assistance. The charges may not exceed the proceeds of collection credited to the entity for the same biennium. The Department of Revenue may designate a single percentage to retain from the proceeds of collection as a charge for the cost of assistance. If the Department of Revenue finds that accounts assigned to the department for collection by a particular entity lack sufficient information to properly and efficiently identify the debtor or that the account information must be put into a form usable by the department in order to efficiently provide collection services, the department may establish a separate percentage charge to be retained from collections for that entity. The charge must reflect the average of the actual cost to provide collection services for all accounts assigned by the entity.

(b) In providing assistance, the Department of Revenue shall make all reasonable efforts to collect the delinquent accounts. The department may offset any refunds or sums due to the debtor from the department or any other state agency against delinquent accounts assigned to the department for collection under this section.

(c) No setoff may be made by the Department of Revenue unless the debt is in a liquidated amount.

(d) At the time any setoff is made, the Department of Revenue shall notify the debtor of the sums due to the debtor from a state agency that are applied against the debtor’s delinquent account. The notice must provide that the debtor may, within 30 days and in a manner prescribed by the department, contest the setoff and request a hearing before the department. No issues may be considered at the hearing that were previously litigated or that the debtor failed to raise timely after being given due notice of rights of appeal.

(e) All moneys received by the Department of Revenue in payment of charges made under paragraph (a) of this subsection shall be paid into the State Treasury and deposited in a miscellaneous receipts account for the department.

(f) Net proceeds of collections of delinquent accounts shall be credited to the account or fund of the entity to which the debt was originally owing.

(6) Intentionally left blank —Ed.

(a) In providing assistance in the collection of any delinquent account under subsection (2) of this section, the Department of Revenue may issue a warrant for the collection of the delinquent account. The warrant may be recorded in the County Clerk Lien Record maintained under ORS 205.130 (Recording duties of county clerk) .

(b) A warrant may not be issued under this subsection unless the debt is in a liquidated amount.

(c) The amount of any warrant issued under this subsection shall include the amount of the debt, any added penalties or interest attributable to the delinquent account and any costs associated with recording, indexing or service of the warrant and any satisfaction or release thereof.

(d) A warrant may not be issued under this subsection before the debtor has been notified that the department intends to issue the warrant and of the collection action that may be taken under the warrant.

(7) Except as prohibited by federal law and notwithstanding any provision of state law, for purposes of collecting debts assigned to the Department of Revenue under ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) , the Collections Unit created under subsection (1) of this section has access to all data and other information available to the department for any purpose allowed by law.

(8) Nothing in this section prohibits the collection of:

(a) A child or spousal support obligation as provided in ORS 25.610 (Procedure to collect support orders from state tax refunds) ; or

(b) Criminal judgments that impose monetary obligations, including judgments requiring the payment of fines, costs, assessments, compensatory fines, attorney fees, forfeitures or restitution.

(9) 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. [1971 c.604 §2; 1977 c.603 §1; 1979 c.442 §1; 1987 c.758 §14; 1989 c.519 §7; 1995 c.512 §1; 2001 c.641 §2; 2015 c.766 §5; 2017 c.746 §16; 2019 c.359 §1]

Source: Section 293.250 — Collections Unit; assistance in collection of amounts due to certain entities; rules; charges; setoff of sums due debtor; warrants , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.005 — OR Code / Title 28 / Chapter 294 / Section 294.005
294.005 Definitions for ORS 294.005 to 294.025
Status: in_force

As used in ORS 294.005 (Definitions for ORS 294.005 to 294.025) to 294.025 (Effect of wrongful payment) , unless the context requires otherwise:

(1) “Warrant” means a warrant issued by a subdivision.

(2) “Subdivision” means any county, municipal corporation, quasi-municipal corporation, or civil or political subdivision in this state.

Source: Section 294.005 — Definitions for ORS 294.005 to 294.025 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.187 — OR Code / Title 28 / Chapter 294 / Section 294.187
294.187 County Assessment and Taxation Fund
Status: in_force

(1) There is created in the county treasury of each county a fund to be known as the County Assessment and Taxation Fund. The fund shall consist of:

(a) Moneys deposited in and credited to the fund under ORS 311.508 (Disposition of interest on late payments) .

(b) Moneys deposited in and credited to the fund under ORS 205.323 (Additional fees for recording certain instruments) (4)(b)(C).

(c) Moneys deposited in and credited to the fund under ORS 205.323 (Additional fees for recording certain instruments) (4)(c).

(d) Interest earned upon moneys credited to the fund.

(2) The county treasurer shall pay over the moneys in the fund, determined as of the last day of the fiscal quarter, to the State Treasurer on or before the 10th working day of the month following the last day of the fiscal quarter as follows:

(a) Moneys collected under subsection (1)(a) and (b) of this section and interest earnings on those moneys must be paid over to the Department of Revenue for deposit in the County Assessment Function Funding Assistance Account created under ORS 294.184 (County Assessment Function Funding Assistance Account) .

(b) Moneys collected under subsection (1)(c) of this section and interest earnings on those moneys must be paid over to the Department of Revenue for deposit in the Housing and Community Services Department accounts for housing-related programs as follows:

(A) 76 percent of the moneys must be deposited in the General Housing Account created under ORS 458.620 (Oregon Housing Fund) ;

(B) 10 percent of the moneys must be deposited in the Emergency Housing Account created under ORS 458.620 (Oregon Housing Fund) ; and

(C) 14 percent of the moneys must be deposited in the Home Ownership Assistance Account created under ORS 458.620 (Oregon Housing Fund) .

(3) If the county treasurer fails to pay over moneys, as required under subsection (2) of this section, then any unpaid moneys shall be a debt due and owing by the county to the state and the county shall pay the legal rate of interest thereon from the due date until paid. Payment of interest under this section shall not relieve the county treasurer from any penalty imposed by law for failure to make the payments, and in addition, the county treasurer shall be liable under ORS 311.375 (Forwarding state taxes by county treasurers) (4)(a) and (b).

(4) 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 a fund created under this section. [1989 c.796 §7; 2003 c.273 §2; 2009 c.18 §4; 2011 c.338 §2]

Source: Section 294.187 — County Assessment and Taxation Fund; sources; purpose , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.530 — OR Code / Title 28 / Chapter 297 / Section 297.530
297.530 Subpoena authority of Secretary of State
Status: in_force

(1) The Secretary of State may subpoena witnesses, require the production of accounts and do all things necessary to assure that the accounts and fiscal affairs of a municipal corporation are subject to a complete audit. If an accountant is denied access to any of the accounts or other information pertaining to the fiscal affairs of a municipal corporation, the accountant may request the Secretary of State to subpoena the accounts, or witnesses who may be able to furnish the necessary information. The accountant shall furnish to the Secretary of State such information as the Secretary of State determines necessary to carry out the provisions of subsections (1) and (2) of this section.

(2) 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.

(3) All costs necessarily incurred by the Secretary of State or an accountant in carrying out subsections (1) and (2) of this section shall be paid by the municipal corporation. [1983 c.794 §§2,3]

Source: Section 297.530 — Subpoena authority of Secretary of State; enforcement; costs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.725 — OR Code / Title 28 / Chapter 294 / Section 294.725
294.725 Definitions for ORS 294.725 to 294.755
Status: in_force

For the purposes of ORS 294.725 (Definitions for ORS 294.725 to 294.755) to 294.755 (Payment on quarterly basis) :

(1) “Account balance” means the amount a political subdivision has paid into the Local Government Employer Benefit Trust Fund less the amount of unemployment benefits paid by the Employment Department on behalf of the political subdivision.

(2) “Account reserve ratio” means the ratio, expressed as a percent carried to four decimal places, that is equal to:

(a) The account balance of the political subdivision on June 30, divided by gross wages paid by the political subdivision to individuals subject to ORS chapter 657 during the four calendar quarters ending on June 30; or

(b) For purposes of a redetermination made pursuant to ORS 294.735 (Payments to fund by political subdivisions) (2)(b), the account balance of the political subdivision on the date of the request, divided by gross wages paid by the political subdivision to individuals subject to ORS chapter 657 during the last four-calendar-quarter period ending before the date of the request.

(3) “Aggregate benefit cost rate” means the total unemployment benefits paid during a cost rate period that is attributable to wages paid by all political subdivisions divided by the gross wages paid to individuals subject to ORS chapter 657 during the cost rate period by all political subdivisions. The rate shall be expressed as a percent and rounded to the nearest one-tenth of one percent.

(4) “Benefit cost rate” means the total unemployment benefits paid during a cost rate period that is attributable to wages paid by a political subdivision divided by gross wages paid to individuals subject to ORS chapter 657 during the cost rate period by the political subdivision. The rate shall be expressed as a percent and carried to four decimal places.

(5) “Cost rate period” means:

(a) The prior three-year period ending June 30 of each year; or

(b) For purposes of a redetermination made pursuant to ORS 294.735 (Payments to fund by political subdivisions) (2)(b), the three-year period ending on the last day of the last four-calendar-quarter period that ends before the date of the request.

(6) “Department” means the Employment Department.

(7) “Director” means the Director of the Employment Department.

(8) “Erroneous benefit payments” means any amount paid to an individual to which the individual is not entitled due to:

(a) Any error, whether or not due to misrepresentation or nondisclosure of material fact by the claimant; or

(b) An initial decision to pay benefits that is subsequently reversed by a decision finding the individual was not eligible for the benefits and the decision has become final.

(9) “Local Government Employer Benefit Trust Fund” or “fund” means the fund created by ORS 294.730 (Fund created) .

(10) “Political subdivision” means a political subdivision as defined by ORS 657.097 (Political subdivision) .

(11) “Unemployment benefits” or “benefits” means regular and extended benefits paid under ORS chapter 657. [1977 c.491 §3; 1989 c.135 §1; 1993 c.344 §9; 2007 c.71 §91; 2011 c.569 §1]

Source: Section 294.725 — Definitions for ORS 294.725 to 294.755 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.120 — OR Code / Title 28 / Chapter 291 / Section 291.120
291.120 Distribution of agency savings
Status: in_force

(1) Pursuant to ORS 291.252 (Modification of allotment previously made) , if the Oregon Department of Administrative Services certifies agency savings due to agency actions rather than changes in service demands and such actions do not materially reduce legislatively authorized programs, 50 percent of the savings shall be credited to the General Fund or, if the agency’s funds originated as dedicated funds or federal funds, to the fund or account of the agency to be used for purposes of the fund or account.

(2) The remaining 50 percent shall be continuously appropriated to the agency for enhancing professional development, including employee training projects related to productivity, technology enhancement and related expenditures that have a long term benefit. A productivity improvement project may be for research and development intended to lead to improved productivity. [1993 c.724 §2]

STATE BUDGET; GOVERNOR’S BUDGET AND TAX EXPENDITURE REPORT

Source: Section 291.120 — Distribution of agency savings; agency use , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.555 — OR Code / Title 28 / Chapter 293 / Section 293.555
293.555 Receipt and disposition of moneys received from federal government in lieu of ad valorem property taxes
Status: in_force

The State Treasurer shall receive any moneys that may be paid to the state by the United States, or any agency thereof, in lieu of ad valorem property taxes, and shall retain or transfer to the respective county treasurers the moneys so received in compliance with the annual apportionment made by the Department of Revenue. [Formerly 291.532]

Source: Section 293.555 — Receipt and disposition of moneys received from federal government in lieu of ad valorem property taxes , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.258 — OR Code / Title 28 / Chapter 291 / Section 291.258
291.258 Approval of department required for establishment of new personnel position or classification
Status: in_force

A new personnel position or classification, not provided in the budget of an agency upon which appropriations have been based, may not be established without prior approval of the Oregon Department of Administrative Services. The department shall notify the Legislative Fiscal Office of establishment of any new personnel position or classification. [Amended by 2016 c.117 §26]

Source: Section 291.258 — Approval of department required for establishment of new personnel position or classification , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.331 — OR Code / Title 28 / Chapter 294 / Section 294.331
294.331 Budget officer
Status: in_force

The governing body of each municipal corporation shall, unless otherwise provided by county or city charter, designate one person to serve as budget officer. The budget officer, or the person or department designated by charter and acting as budget officer, shall prepare or supervise the preparation of the budget document. The budget officer shall act under the direction of the executive officer of the municipal corporation, or where no executive officer exists, under the direction of the governing body. [1963 c.576 §5]

Source: Section 294.331 — Budget officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.445 — OR Code / Title 28 / Chapter 297 / Section 297.445
297.445 Petition to audit municipal corporation exempt under ORS 297.435
Status: in_force

(1) ORS 297.435 (Exemption from audit) does not apply to a municipal corporation for any fiscal year if a petition requesting an audit, signed by residents of the municipal corporation who are subject to taxes, fees, assessments or other charges levied by the municipal corporation, is filed with the Secretary of State within six months of the end of the fiscal year for which the audit is requested. In a municipal corporation with a population of 150 or less, the petition must be signed by at least 10 residents. In a municipal corporation with a population of more than 150, the petition must be signed by at least 30 residents.

(2) The Secretary of State shall give notice of the petition to the governing body of the municipal corporation within 10 days of its receipt. Upon receipt of notice of the petition from the Secretary of State, the governing body or managing or executive officer of the municipal corporation shall immediately comply with the provisions of ORS 297.425 (Annual audits required) . If a copy of a signed contract between the governing body or managing or executive officer and an accountant, or a duly authorized ordinance or resolution requesting an audit by the Secretary of State, is not received within 30 days of the dispatch of notice of petition, the Secretary of State shall cause an audit and review to be made of the accounts and fiscal affairs of the municipal corporation designated in the petition.

(3) The costs incurred by the Secretary of State in making the audit and review shall be borne by the municipal corporation, and shall be paid to the Secretary of State in the same manner as other claims against the municipal corporation. [1977 c.774 §6; 1987 c.143 §6; 2003 c.326 §1; 2023 c.10 §11]

Source: Section 297.445 — Petition to audit municipal corporation exempt under ORS 297.435; notice to corporation; audit , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.100 — OR Code / Title 28 / Chapter 291 / Section 291.100
291.100 Financial management
Status: in_force

(1) It is the intent of the Legislative Assembly, in funding the development and implementation of a new statewide financial management system, that statewide financial management systems and policies support program-driven budget planning and execution, based on timely and accurate statewide managerial cost accounting information and that such systems support legislative program evaluation and performance auditing of statewide programs and services.

(2) The Oregon Department of Administrative Services shall devise and supervise statewide financial management systems for all state agencies by preparing policies and procedures for implementing and operating financial management systems for all agencies in state government and measuring implementation. In order to ensure that the state’s investment in a modern and complete statewide financial management system is fully implemented, every agency and unit of state government shall:

(a) Cooperate and comply fully with policies and procedures and deadlines prepared by the Oregon Department of Administrative Services for establishing a database for the financial management system.

(b) Comply fully with policies and procedures prepared by the Oregon Department of Administrative Services for operation of the financial management system. [1993 c.724 §22; 1995 c.452 §23; 2012 c.107 §102; 2016 c.117 §9]

Note: 291.100 (Financial management) 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 291.100 — Financial management; duties of Oregon Department of Administrative Services; duties of state agencies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.796 — OR Code / Title 28 / Chapter 293 / Section 293.796
293.796 Findings regarding venture capital for new businesses
Status: in_force

(1) The Legislative Assembly finds that:

(a) The availability of venture capital for the start-up and subsequent expansion of new businesses is critical to the continued growth and development of the economy of Oregon.

(b) There exists an estimated gap of between $100 million and $200 million between available venture capital resources and the need of Oregon businesses for such resources.

(c) Investments in start-up and expanding businesses, in minority-owned businesses, woman-owned businesses and veteran-owned businesses and in emerging growth businesses can produce substantial positive returns for long-term investors.

(d) Pension funds managed by the Oregon Investment Council constitute a major financial resource of the State of Oregon, and that such funds may be prudently invested in start-up and emerging growth businesses in this state under policies established by the Oregon Investment Council.

(2) 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) “Minority-owned business,” “woman-owned business” and “veteran-owned business” have the meanings given those terms in ORS 200.005 (Definitions) . [1995 c.811 §1; 2003 c.606 §1; 2005 c.22 §221; 2012 c.90 §25; 2015 c.565 §19; 2023 c.497 §20]

Note: 293.796 (Findings regarding venture capital for new businesses) 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 293.796 — Findings regarding venture capital for new businesses , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.140 — OR Code / Title 28 / Chapter 293 / Section 293.140
293.140 Disposition of interest on state funds
Status: in_force

Except as otherwise provided by law, all interest received on deposits of state funds shall accrue to and become a part of the General Fund. [Formerly 291.366; 1981 c.194 §1]

Source: Section 293.140 — Disposition of interest on state funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.035 — OR Code / Title 28 / Chapter 294 / Section 294.035
294.035 Investment of funds of political subdivisions
Status: in_force

(1) Subject to ORS 294.040 (Restriction on investments under ORS 294.035) and 294.135 (Investment maturity dates) to 294.155 (Annual audit report) , the custodial officer may invest any sinking fund, bond fund or surplus funds in the custody of the custodial officer in the bank accounts, classes of securities at current market prices, insurance contracts and other investments listed in this section, but only after obtaining from the governing body of the county, municipality, political subdivision or school district a written order that has been entered in the minutes or journal of the governing body.

(2) This section does not:

(a) Limit the authority of the custodial officer to invest surplus funds in other investments when the investment is specifically authorized by another statute.

(b) Apply to a sinking fund or a bond fund established in connection with conduit revenue bonds issued by a county, municipality, political subdivision or school district for private business entities or nonprofit corporations.

(3) Investments authorized by this section are:

(a) Lawfully issued general obligations of the United States, the agencies and instrumentalities of the United States or enterprises sponsored by the United States Government and obligations whose payment is guaranteed by the United States, the agencies and instrumentalities of the United States or enterprises sponsored by the United States Government.

(b) Lawfully issued debt obligations of the agencies and instrumentalities of the State of Oregon and its political subdivisions that have a long-term rating of A- or an equivalent rating or better or are rated on the settlement date in the highest category without any refinement or gradation for short-term municipal debt by a nationally recognized statistical rating organization.

(c) Lawfully issued debt obligations of the States of California, Idaho and Washington and political subdivisions of those states if the obligations have a long-term rating of AA- or an equivalent rating or better or are rated on the settlement date in the highest category for short-term municipal debt by a nationally recognized statistical rating organization.

(d) Time deposit open accounts, certificates of deposit and savings accounts in insured institutions as defined in ORS 706.008 (Additional definitions for Bank Act) , in credit unions as defined in ORS 723.006 (“Credit union” defined) or in federal credit unions, if the institution or credit union maintains a head office or a branch in this state.

(e) Share accounts and savings accounts in credit unions in the name of, or for the benefit of, a member of the credit union pursuant to a plan of deferred compensation.

(f) Fixed or variable life insurance or annuities as defined in ORS 731.170 (“Life insurance”) and guaranteed investment contracts issued by life insurance companies authorized to do business in this state.

(g) Trusts in which deferred compensation funds from other public employers are pooled, if:

(A) The purpose is to establish a deferred compensation plan;

(B) The trust is a public instrumentality of such public employers and described in section (2)(b) of the Investment Company Act of 1940, 15 U.S.C. 80a-2(b), as amended, in effect on September 20, 1985, or the trust is a common trust fund described in ORS 709.170 (Establishment of and investment in common trust funds) ;

(C) Under the terms of the plan the net income from or gain or loss due to fluctuation in value of the underlying assets of the trust, or other change in such assets, is reflected in an equal increase or decrease in the amount distributable to the employee or the beneficiary thereof and, therefore, does not ultimately result in a net increase or decrease in the worth of the public employer or the state; and

(D) The fidelity of the trustees and others with access to such assets, other than a trust company, as defined in ORS 706.008 (Additional definitions for Bank Act) , is insured by a surety bond that is satisfactory to the public employer, issued by a company authorized to do a surety business in this state and in an amount that is not less than 10 percent of the value of such assets.

(h) Intentionally left blank —Ed.

(A) Banker’s acceptances, if the banker’s acceptances are:

(i) Guaranteed by, and carried on the books of, a qualified financial institution;

(ii) Eligible for discount by the Federal Reserve System; and

(iii) Issued by a qualified financial institution whose short-term letter of credit rating is rated in the highest category without any refinement or gradation by one or more nationally recognized statistical rating organizations.

(B) For the purposes of this paragraph, “qualified financial institution” means:

(i) A financial institution that is located and licensed to do banking business in the State of Oregon; or

(ii) A financial institution that is wholly owned by a financial holding company or a bank holding company that owns a financial institution that is located and licensed to do banking business in the State of Oregon.

(C) A custodial officer shall not permit more than 25 percent of the moneys of a local government that are available for investment, as determined on the settlement date, to be invested in banker’s acceptances of any qualified financial institution.

(i) Intentionally left blank —Ed.

(A) Corporate indebtedness subject to a valid registration statement on file with the Securities and Exchange Commission or issued under the authority of section 3(a)(2) or 3(a)(3) of the Securities Act of 1933, as amended. Corporate indebtedness described in this paragraph does not include banker’s acceptances. The corporate indebtedness must be issued by a commercial, industrial or utility business enterprise, or by or on behalf of a financial institution, including a holding company owning a majority interest in a qualified financial institution.

(B) Corporate indebtedness must be rated on the settlement date P-1 or Aa3 or better by Moody’s Investors Service or A-1 or AA- or better by S&P Global Ratings and Fitch Ratings or an equivalent rating by any nationally recognized statistical rating organization.

(C) Notwithstanding subparagraph (B) of this paragraph, the corporate indebtedness must be rated on the settlement date P-2 or A3 or better by Moody’s Investors Service or A-2 or A or better by S&P Global Ratings and Fitch Ratings or an equivalent rating by any nationally recognized statistical rating organization when the corporate indebtedness is:

(i) Issued by a business enterprise that has its headquarters in Oregon, employs more than 50 percent of its permanent workforce in Oregon or has more than 50 percent of its tangible assets in Oregon; or

(ii) Issued by a holding company owning not less than a majority interest in a qualified financial institution, as defined in paragraph (h) of this subsection, located and licensed to do banking business in Oregon or by a holding company owning not less than a majority interest in a business enterprise described in sub-subparagraph (i) of this subparagraph.

(D) A custodial officer may not permit more than 35 percent of the moneys of a local government that are available for investment, as determined on the settlement date, to be invested in corporate indebtedness, and may not permit more than five percent of the moneys of a local government that are available for investment to be invested in corporate indebtedness of any single corporate entity and its affiliates or subsidiaries.

(j) Repurchase agreements whereby the custodial officer purchases securities from a financial institution or securities dealer subject to an agreement by the seller to repurchase the securities. The repurchase agreement must be in writing and executed in advance of the initial purchase of the securities that are the subject of the repurchase agreement. Only securities described in paragraph (a) of this subsection may be used in conjunction with a repurchase agreement and such securities shall have a maturity of not longer than three years. The price paid by the custodial officer for such securities may not exceed amounts or percentages prescribed by written policy of the Oregon Investment Council or the Oregon Short Term Fund Board created by ORS 294.885 (Oregon Short Term Fund Board) .

(k) Shares of stock of any company, association or corporation, including but not limited to shares of a mutual fund, but only if the moneys being invested are funds set aside pursuant to a local government deferred compensation plan and are held in trust for the exclusive benefit of participants and their beneficiaries.

(L) The investment pool as defined in ORS 294.805 (Definitions for ORS 294.805 to 294.895) and, with the approval of the State Treasurer, any other commingled investment pool that may be established in the discretion of the State Treasurer for investment of the funds of local governments. The State Treasurer may require the governing body of a local government to enter into an investment agreement with the State Treasurer as a condition of investing funds in a commingled investment pool under this paragraph. [Amended by 1957 c.53 §1; 1957 c.689 §1; 1965 c.404 §1; 1973 c.157 §1; 1973 c.288 §1; 1974 c.36 §9; 1975 c.359 §3; 1977 c.300 §1; 1981 c.804 §84; 1981 c.880 §13; 1983 c.456 §2; 1985 c.256 §2; 1985 c.440 §1; 1985 c.690 §2; 1987 c.493 §1; 1991 c.459 §379; 1993 c.59 §1; 1993 c.452 §1; 1993 c.721 §1; 1995 c.79 §102; 1995 c.245 §2; 1997 c.249 §91; 1997 c.631 §446; 1999 c.601 §1; 2001 c.377 §43; 2003 c.405 §1; 2005 c.443 §§13,13a; 2009 c.821 §25; 2013 c.192 §1; 2014 c.18 §1; 2019 c.587 §52]

Source: Section 294.035 — Investment of funds of political subdivisions; approved investments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.110 — OR Code / Title 28 / Chapter 292 / Section 292.110
292.110 Procedure where employee dies having credit in account
Status: in_force

(1) If a state employee dies having moneys to the credit of the state employee in the Employes’ Bond Savings Account, the moneys shall be paid to the co-owner or beneficiary named in the employee’s payroll allotment authorization for the purchase of such bonds or obligations. If no co-owner or beneficiary is designated therein, then, if the employee is married, the moneys shall be paid or refunded to the employee’s surviving spouse, or, if the employee is unmarried, to a next of kin.

(2) Uncashed refund checks or orders issued and delivered to state employees before death, may be paid to the like parties in the order named, upon indorsement of the checks or orders by such parties in the name of the deceased payee and individually. [Amended by 1981 c.567 §7]

Source: Section 292.110 — Procedure where employee dies having credit in account , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.780 — OR Code / Title 28 / Chapter 293 / Section 293.780
293.780 Group annuity contracts with insurers on behalf of Public Employees Retirement System and Board
Status: in_force

The Oregon Investment Council, for and on behalf of the Public Employees Retirement System and Public Employees Retirement Board, may enter into group annuity contracts with one or more insurance companies authorized to do business in this state. In lieu of any investment of moneys in the Public Employees Retirement Fund as provided in ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) , the council may pay, from time to time under contracts so entered into, any moneys in that fund available for investment purposes. Contracts so entered into are not subject to ORS 279A.140 (State procurement of goods and services) . [1967 c.335 §18; 2003 c.794 §250]

Source: Section 293.780 — Group annuity contracts with insurers on behalf of Public Employees Retirement System and Board , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.061 — OR Code / Title 28 / Chapter 292 / Section 292.061
292.061 Deduction for payment of delinquent taxes
Status: in_force

(1) Any state official authorized to disburse funds in payment of salaries or wages of state officers or employees is authorized, upon written request of the state officer or employee, to deduct each pay period from the salary or wages of the officer or employee the amount of money designated by the officer or employee for the purpose of paying delinquent taxes, including interest and penalties, due state or federal agencies. Such deductions must be in accordance with an agreement between the officer or employee and the state or federal agency.

(2) The state official each month shall pay such amount so deducted to the state or federal agency designated to receive it.

(3) Upon receipt of the request in writing of the officer or employee so to do, the state official shall cease making such deductions and payments. [1987 c.444 §2]

Source: Section 292.061 — Deduction for payment of delinquent taxes , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.165 — OR Code / Title 28 / Chapter 293 / Section 293.165
293.165 Borrowing to pay warrants against General Fund
Status: in_force

(1) If the moneys in the General Fund become exhausted, the State Treasurer shall borrow from the most advantageous sources the amounts necessary to pay warrants drawn against the General Fund in pursuance of law, other than warrants drawn against funds whose use is restricted to particular purposes by the Constitution of Oregon or by federal law. The Governor, Secretary of State and State Treasurer, jointly, shall issue certificates of indebtedness therefor. The certificates shall draw interest not to exceed the legal rate of interest until redeemed. All certificates of indebtedness shall be redeemable by the State Treasurer from the first moneys regularly accruing and credited to the General Fund.

(2) For the purposes of subsection (1) of this section, the moneys in the General Fund shall be deemed to be exhausted when there are no moneys remaining in the General Fund other than funds whose use is restricted to particular purposes by the Constitution of Oregon or by federal law. [Formerly 291.378; 1967 c.454 §102; 2003 c.81 §6]

Source: Section 293.165 — Borrowing to pay warrants against General Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.630 — OR Code / Title 28 / Chapter 294 / Section 294.630
294.630 Tax supervising and conservation commission account
Status: in_force

(1) There hereby is created an account to be known as the tax supervising and conservation commission account in the general fund of each county subject to ORS 294.605 (Definitions for ORS 294.605 to 294.705) to 294.705 (Tax supervising and conservation commission fund) .

(2) Intentionally left blank —Ed.

(a) On or before April 1 of each year, the tax supervising and conservation commission shall submit certified budgets for the ensuing fiscal year to the county court or board of county commissioners. The budget shall contain a complete and detailed estimate of the proposed expenditures of the commission for all purposes.

(b) Following the receipt of the budget, the county court or board of county commissioners shall include the budget as submitted as a part of the county budget and shall make an appropriation for the tax supervising and conservation commission account sufficient to cover the proposed expenditures, but no appropriation shall be made in any county in any year for such purpose in excess of $410,000. The maximum amount of the appropriation shall be increased by four percent each fiscal year, beginning with the fiscal year starting July 1, 2019. The county court or board of county commissioners shall not reduce the amount of the budget as presented by the tax supervising and conservation commission, within the amount stated in this section, nor shall it refuse to approve any lawful request for disbursement of money from the tax supervising and conservation commission account.

(3) Intentionally left blank —Ed.

(a) The tax supervising and conservation commission may:

(A) Charge for services provided by the commission to any municipal corporation that is not subject to the commission’s jurisdiction under ORS 294.625 (Jurisdiction of commission) ; and

(B) Apply for and receive grants.

(b) Any moneys received pursuant to this subsection shall:

(A) Be credited to the tax supervising and conservation commission account created under this section;

(B) Be continuously appropriated to the commission for the performance of duties and for the exercise of authority assigned to the commission under ORS 294.605 (Definitions for ORS 294.605 to 294.705) to 294.705 (Tax supervising and conservation commission fund) ; and

(C) Supplement, not supplant, the appropriation for the commission account made pursuant to subsection (2)(b) of this section.

(c) Costs incurred by the commission pursuant to paragraph (a) of this subsection may not be charged to municipal corporations subject to the commission’s jurisdiction under ORS 294.625 (Jurisdiction of commission) . [Amended by 1955 c.263 §1; 1961 c.644 §1; 1969 c.363 §1; 1973 c.68 §1; 1975 c.116 §1; 1977 c.88 §1; 1981 c.96 §1; 1985 c.228 §1; 1989 c.222 §1; 1999 c.632 §20; 2009 c.596 §7; 2019 c.46 §1]

Source: Section 294.630 — Tax supervising and conservation commission account; additional sources of moneys , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.765 — OR Code / Title 28 / Chapter 297 / Section 297.765
297.765 Policies and procedures for local government waste hotline
Status: in_force

(1) If a local government body or local service district chooses to establish a local government waste hotline under ORS 297.760 (Establishment of local government waste hotline) , the local government body or local service district shall establish written policies and procedures for logging all reports of waste, inefficiency or abuse received through the hotline or received through any other method.

(2) Except as provided in subsection (5) or (6) of this section, the identity of any person calling the hotline or otherwise making a report under ORS 297.760 (Establishment of local government waste hotline) is confidential. A person making a report under ORS 297.760 (Establishment of local government waste hotline) may waive the confidentiality otherwise granted under this subsection.

(3) The local government body or local service district shall conduct an initial investigation of each report of waste, inefficiency or abuse made under ORS 297.760 (Establishment of local government waste hotline) , following the written policies and procedures established under subsection (1) of this section. The local government body or local service district may audit any agency of the local government body or local service district if it appears that officers or employees of the agency, or persons under contract with the agency, are engaging in activities that constitute waste, inefficiency or abuse.

(4) An investigation of a report of waste, inefficiency or abuse received under ORS 297.760 (Establishment of local government waste hotline) is confidential unless the local government body or local service district finds that waste, inefficiency or abuse has occurred and reports these determinations as provided under subsection (5) or (6) of this section. If the local government body or local service district finds that waste, inefficiency or abuse has occurred, the investigation and any determinations made are confidential until the investigation described in subsection (3) of this section is complete.

(5) Notwithstanding subsections (2) and (4) of this section:

(a) If the local government body or local service district determines during the investigation that a violation of any provision of ORS chapter 244 may be occurring or may have occurred, the local government body or local service district shall notify the Oregon Government Ethics Commission of the potential violation; and

(b) If the local government body or local service district determines during the investigation that fraud or other criminal activity may be occurring or may have occurred, the local government body or local service district shall notify the appropriate law enforcement agency of the potential fraud or other criminal activity.

(6) Subject to the confidentiality requirements of subsections (2) and (4) of this section, upon completion of an investigation under this section:

(a) The local government body or local service district shall determine in writing whether officers or employees of the local government body or local service district, or persons under contract with the local government body or local service district, are engaging in activities that constitute waste, inefficiency or abuse. The written determination may include other information about the nature of the investigation or the local government body’s or local service district’s determination.

(b) If the local government body or local service district finds that waste, inefficiency or abuse has occurred, upon request of the person who made the report under ORS 297.760 (Establishment of local government waste hotline) , the local government body or local service district shall provide the person with a copy of the determination and any other information included by the local government body or local service district.

(c) If the local government body or local service district determines that officers or employees of the local government body or local service district, or persons under contract with the local government body or local service district, are involved in activities that constitute waste, inefficiency or abuse, the local government body or local service district shall notify the governing body of the local government body or local service district of the determination and deliver a copy of the local government body’s or local service district’s findings to the governing body.

(7) A written determination prepared under this section is a public record. Following the completion of an investigation, all documents, information or other records relating to the investigation are disclosable public records under ORS 192.311 (Definitions for ORS 192.311 to 192.478) to 192.478 (Exemption for Judicial Department) unless an exemption from disclosure set forth in a provision of law other than this section applies to the records, except that the identity of the person making the report under ORS 297.760 (Establishment of local government waste hotline) shall remain confidential. [2011 c.221 §3]

Note: See note under 297.760 (Establishment of local government waste hotline) .

Source: Section 297.765 — Policies and procedures for local government waste hotline; confidentiality; required reporting , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.030 — OR Code / Title 28 / Chapter 291 / Section 291.030
291.030 “Agency” defined for ORS 291.032 and 291.034
Status: in_force

As used in ORS 291.032 (Providing technical services involving management and organization) and 291.034 (Providing technical services involving data processing) , “state agency” or “agency” includes the Legislative Assembly, at its option, or any of its statutory, standing, special or interim committees, at the option of such committee, the courts and their officers and committees and the constitutional state officers, at their option, and the Oregon Public Defense Commission, at the option of the commission. [1965 c.365 §1; 2003 c.449 §38; 2023 c.281 §52]

Note: The amendments to 291.030 (“Agency” defined for ORS 291.032 and 291.034) by section 86, 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.

291.030 (“Agency” defined for ORS 291.032 and 291.034) . As used in ORS 291.032 (Providing technical services involving management and organization) and 291.034 (Providing technical services involving data processing) , “state agency” or “agency” includes the Legislative Assembly, at its option, or any of its statutory, standing, special or interim committees, at the option of such committee, and the courts and their officers and committees and the constitutional state officers, at their option.

Source: Section 291.030 — “Agency” defined for ORS 291.032 and 291.034 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 297.065 — OR Code / Title 28 / Chapter 297 / Section 297.065
297.065 Oversight of performance audits and evaluation by Joint Legislative Audit Committee
Status: in_force

(1) It is the policy of this state that state government services be delivered with the highest level of desired effectiveness at the lowest possible cost.

(2) The Joint Legislative Audit Committee may provide oversight of the conduct of performance audits and program evaluations, that are outside the authority of the Secretary of State under section 2, Article VI of the Oregon Constitution, of state departments, boards, commissions, institutions and state-aided institutions and agencies. [1997 c.847 §2; 2019 c.567 §6]

Source: Section 297.065 — Oversight of performance audits and evaluation by Joint Legislative Audit Committee , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).