reglab/statecodes huggingface dataset:
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.255 - Registration of bonds and negotiable interest-bearing warrants; delivery; disposition of proceeds of sale of bonds; noncontestability.

(1) The county treasurer or county fiscal officer shall register each school district bond, including refunding bonds, and negotiable interest-bearing warrants in a book kept for that purpose, noting the school district, amount, date, time and place of payment, rate of interest and such other facts as may be deemed proper. The county treasurer or fiscal officer shall cause the bonds or warrants to be delivered promptly to the purchasers thereof upon payment therefor, and if the place of delivery is outside the city in which the county treasurer or county fiscal officer’s office is situated the cost of delivery of the bonds or warrants shall be paid by the issuing school district.
(2) The county treasurer or county fiscal officer or a custodial officer as defined in ORS 294.004 may hold the proceeds of the sale of the bonds or warrants for all school districts subject to the order of the district school board to be used solely for the purpose for which the bonds or warrants were issued. If the treasurer or fiscal officer holds the proceeds initially, then the treasurer or fiscal officer, as soon as practicable, shall deliver the proceeds of the sale of the bonds and warrants to the person designated as custodian of the school district funds under ORS 328.441.
(3) When the bonds or warrants have been so executed, registered and delivered, their legality shall not be open to contest by the school district, or by any person for or on its behalf, for any reason whatever. [Amended by 1953 c.236 §2; 1955 c.312 §1; 1965 c.100 §57; 1981 c.441 §1; 2003 c.226 §7]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.260 - Tax levy to pay interest and principal of bonds; use of funds derived from tax.

(1) The district school board shall ascertain and levy annually, in addition to all other taxes, a direct ad valorem tax on all the taxable property in the school district, sufficient to pay the maturing interest and principal of all serial school district bonds promptly when and as such payments become due. The amount of the tax may be increased by an amount sufficient to retire any bonds that may be callable. The board shall in each year include the taxes in the school district budget for such year. The taxes shall in each year be certified, extended upon the tax rolls and collected by the same officers in the same manner and at the same time as the taxes for general county purposes.
(2) The funds derived from the tax levies may be retained by the county treasurer or county fiscal officer without being paid to the school district or may be held in trust by an insured institution or trust company, as defined in ORS 706.008, designated by the district to hold the funds. The funds shall be kept in a separate fund to be known as and designated "School District No. ___ Bond Interest and Sinking Fund," which shall be irrevocably pledged to and used solely for the payment of the interest accruing on and the principal of the bonds when due, so long as any of the bonds or the coupons thereto appertaining remain outstanding and unpaid. The interest earnings of the fund shall be credited thereto and become a part thereof. For failure to retain and account for such funds, as provided in this section, the county treasurer, county fiscal officer or insured institution or trust company designated by the district shall be liable upon the official bond of the treasurer, other officer or institution, respectively.
(3) The fund shall not be diverted or used for any other purpose; but if a surplus remains after all interest and principal have been paid on all serial school district bonds then outstanding and unpaid, the surplus may be transferred to such other fund as the district school board may direct. [Amended by 1955 c.467 §1; 1965 c.100 §57a; 1981 c.441 §2; 1985 c.762 §184; 1997 c.631 §461]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.265 - School district bond tax levied by county.

(1) The district school board of each school district having an outstanding bond issue shall file annually with the county treasurer or county fiscal officer a copy of the school district budget and tax levy.
(2)(a) If the tax required by ORS 328.260 is not levied by the district school board, the county treasurer shall certify the amount necessary to the governing body of the county which shall then levy a tax on all taxable property in the appropriate school district sufficient to raise the required amount.
(b) If the school district has established tax zones pursuant to ORS 328.570 to 328.579, a levy imposed under this subsection shall be apportioned among the tax zones of the school district consistently, with the percentages set forth in the resolution adopted under ORS 328.576.
(3) The county assessor shall extend the tax so levied upon the county tax rolls for such school district. The tax collector shall collect the tax and pay the sums collected into the county treasury to the credit of the fund established by ORS 328.260. [Amended by 1965 c.100 §58; 1973 c.305 §14; 2001 c.246 §6]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.270 - Payment of principal and interest; collection commission.

(1) The county treasurer or county fiscal officer must cause to be paid out of any money in the hands of the county treasurer or county fiscal officer belonging to the school district, the interest on or principal of, as the case may be, any bond issued by the district promptly when and as the same becomes due at the place of payment designated in such coupons or bonds. All coupons or bonds so paid must be immediately reported to the district school board.
(2) No county treasurer, county fiscal officer or district school board shall pay to the purchaser of any bond issued by a school district, or to any agency representing such purchaser, any commission whatsoever for the collection of the interest on or principal of any such bond. The county treasurer or county fiscal officer shall not be required to remit to the purchaser of any bonds or coupons the amount necessary to redeem them until the day such bonds or coupons are due. [Amended by 1965 c.100 §58a]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.275 - Redemption and payment of bonds.

(1) Whenever the sinking fund mentioned in ORS 328.260 is sufficient to permit the redemption of any bond then subject to redemption at the option of the school district, the county treasurer or fiscal officer of the county having custody of such fund, when authorized by the district school board, shall call such bond for redemption in accordance with the terms of the bond. If any holder of such bond fails to present it at the time mentioned in the published notice of redemption, the interest thereon shall cease, and the treasurer shall thereafter pay only the amount of such bond and the interest accrued thereon up to the date of redemption.
(2) When any bonds are so redeemed, the county treasurer or county fiscal officer shall cause the same to be canceled and write across or stamp upon the face thereof "Redeemed" and the date of redemption, and shall deliver them to the district school board of such school district and take its receipt therefor.
(3) Each county treasurer or county fiscal officer and the sureties on the official bond of the county treasurer or fiscal officer as such, shall be liable to any school district in the county for any funds placed in the hands of such treasurer or county fiscal officer in connection with the school district’s bond issues. [Amended by 1965 c.100 §59; 1973 c.57 §2; 1983 c.347 §23]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.280 - Funding or refunding district indebtedness.

(1) Whenever any school district has any outstanding negotiable interest-bearing warrant indebtedness or bonded indebtedness incurred in building or furnishing any schoolhouse, or for the purchase of any schoolhouse site, or in refunding bonded indebtedness, or in funding warrant indebtedness, which is due or subject at the option of the school district to be paid or redeemed, the school district, by and through its district school board, may:
(a) Issue and exchange, for any such indebtedness, its bonds bearing interest at a rate determined by the district school board; or
(b) Issue and sell such bonds and apply the proceeds of such sale in payment of the indebtedness for the payment of which the refunding bonds are proposed to be issued.
(2) Refunding bonds issued under subsection (1) of this section shall in all respects conform to, and be governed, as to their issue, by the provisions of ORS chapter 287A.
(3) The debt limitations imposed by law shall not affect the right of any school district to issue refunding bonds under authority of this section. The validity of any bonds so issued, or of the indebtedness thereby refunded, shall not thereafter be open to contest by the school district or by any person for any reason. [Amended by 1965 c.100 §60; 1965 c.315 §1; 1981 c.94 §28; 1983 c.347 §24; 2007 c.783 §129]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.295 - Issuance of bonds and interest-bearing warrants.

All school bonds, including funding and refunding bonds, notes and negotiable interest-bearing warrants which have been specifically authorized by vote of the electors, shall be issued as prescribed in ORS chapter 287A. [Amended by 1965 c.100 §61; 1975 c.642 §21; 2007 c.783 §130]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.300 - Marketing bonds jointly or through association.

(1) Two or more school districts may join together to market the bond issues of the districts, subject to such terms and conditions as the districts may agree.
(2) School districts may market bonds through an association of which school boards are members, subject to such terms and conditions as the school districts and the association may agree. [1993 c.554 §1]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.316 - Impact aid revenue bonds; issuance; requirements.

(1) Pursuant to an agreement between a school district board and the governing body of an Indian tribe whose reservation is located partly or wholly within the district, a school district board, by resolution, may issue negotiable impact aid revenue bonds pursuant to this section.
(2)(a) As used in paragraph (b) of this subsection, the average amount of impact aid revenues that a school district receives equals the total amount of impact aid revenues received by the school district for the five years immediately preceding the year the bonds are issued, divided by five.
(b) The aggregate principal sum of impact aid revenue bonds that may be issued by a school district board may not exceed five times the average amount of impact aid revenues that the school district receives annually from the federal government.
(3) A school district may use bond proceeds from impact aid revenue bonds to:
(a) Pay the cost of school capital construction projects on the Indian reservation where the students reside for which the school district received impact aid revenues;
(b) Pay the cost of bond-related expenses incurred by the school district; and
(c) Fund any reserves or sinking accounts established by the resolution that authorized the issuance of the bonds. [2003 c.343 §3]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.318 - Funds required for impact aid revenue bonds.

If a school district board issues impact aid revenue bonds under ORS 328.316, the board shall establish:
(1) An impact aid revenue bond building fund consisting of the net proceeds received from the sale of the bonds. The fund shall be a continuing fund that is not subject to reversion to another fund. The board may use moneys in the fund only for the purposes specified in ORS 328.316 (3).
(2) An impact aid revenue bond debt service fund consisting of moneys received by the school district as impact aid revenues. The board may use moneys in the fund only for the payment of debt service on impact aid revenue bonds. If any surplus remains after all interest and principal have been paid on all impact aid revenue bonds issued by the board then outstanding and unpaid, the board may transfer the surplus to another fund. [2003 c.343 §4]
Note:
Sections 37, 38 and 39, chapter 715, Oregon Laws 2003, provide:
Sec. 37.
Section 38 of this 2003 Act is added to and made a part of ORS chapter 328. [2003 c.715 §37]
Sec. 38. Funds diversion agreement related to lease payments made to Indian tribe.
(1) A school district may enter into a funds diversion agreement with the Department of Education for the purpose of making lease payments to an Indian tribe for the debt service costs of capital improvements of public school facilities on the reservation of the Indian tribe. A funds diversion agreement entered into under this section must contain all of the following provisions:
(a) Moneys payable to the school district by the department from the State School Fund will be paid directly to a debt service account in amounts equal to the debt service owed by the school district.
(b) The department must pay the amounts required under the funds diversion agreement to the debt service account agreed to by the Indian tribe and the school district.
(c) The department must pay the amounts required under the funds diversion agreement pursuant to the schedule specified in the agreement before paying any other amounts to the school district. The agreement may provide an exception for amounts payable under a prior funds diversion agreement with the school district.
(d) The agreement may not be revoked by the school district.
(e) The agreement will remain in effect until all payments under the lease have been made.
(2) If the department is not able to pay moneys to a debt service account as required by a funds diversion agreement, the department shall give notice to the school district within 30 days after becoming aware that the moneys will not be paid according to the agreement.
(3) Nothing in this section or in any funds diversion agreement entered into under this section obligates the state or the department to pay an amount to a school district that is more than amounts the district is otherwise entitled to receive under law. [2003 c.715 §38]
Sec. 39.
Section 38 of this 2003 Act is repealed on June 30, 2029. [2003 c.715 §39]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.321 - Definitions for ORS 328.321 to 328.356.

As used in ORS 328.321 to 328.356:
(1) "Common School Fund" means the state school fund described in section 2, Article VIII, Oregon Constitution.
(2) "General obligation bond" has the meaning given that term in ORS 287A.001.
(3) "Paying agent" means the corporate paying agent selected by the school district board for a school bond issue who is:
(a) Duly qualified; and
(b) Acceptable to the State Treasurer.
(4) "School bond" means any general obligation bond issued by a school district.
(5) "School district" means a common or union high school district, an education service district or a community college district.
(6) "State bonds" means those general obligation bonds issued by the State of Oregon to meet its obligations under the state guaranty as described in ORS 328.351.
(7) "State guaranty" means the pledge of the full faith and credit and taxing power of the State of Oregon to guarantee payment of eligible school bonds as set forth in ORS 328.321 to 328.356. [1997 c.614 §2; 1999 c.251 §1; 2007 c.783 §131]
Note:
328.321 to 328.361 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 328 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.326 - State guaranty of school bonds allowed.

(1)(a) The State Treasurer may, by issuing a certificate of qualification to a school district, pledge the full faith and credit and taxing power of the state to guarantee full and timely payment of the principal of, either at the stated maturity or by any advancement of maturity pursuant to a mandatory sinking fund payment, and interest on school bonds as such payments shall become due, except that in the event of any acceleration of the due date of such principal by reason of mandatory or optional redemption or acceleration resulting from default or otherwise, other than any advancement of maturity pursuant to a mandatory sinking fund payment, the payments guaranteed shall be made in such amounts and at such times as such payments of principal would have been due had there not been any such acceleration.
(b) The state guaranty shall not extend to the payment of any redemption premium.
(c) Reference to ORS 328.321 to 328.356 by its title on the face of any school bond for which the State Treasurer has issued a certificate of qualification that is effective as of the date of the issuance of the school bond conclusively establishes the state guaranty.
(2) Any school bond that has been refunded and was originally issued with a state guaranty will no longer have the benefit of the state guaranty. For purposes of this subsection, a school bond has been refunded if proceeds are deposited irrevocably in escrow to defease the applicable school bond.
(3) Only school bonds issued under a valid certificate after December 3, 1998, may be eligible for the state guaranty. [1997 c.614 §3; 1999 c.251 §2]
Note:
See note under 328.321.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.336 - Determination of ineligibility.

(1)(a) If the State Treasurer determines that the state should not guarantee the school bonds of a school district, the State Treasurer shall:
(A) Prepare a determination of ineligibility; and
(B) Keep the determination on file in the office of the State Treasurer.
(b) The State Treasurer may remove a school district from the status of ineligibility and may issue a certificate of qualification for that school district when a subsequent application of the school district evidences that it is no longer imprudent for the state to guarantee the school bonds of that school district.
(2) Nothing in this section affects the state guaranty of school bonds of a school district issued:
(a) Before determination of ineligibility or before revocation of a certification of qualification;
(b) After the eligibility of the school district is restored; or
(c) Under a certificate of qualification issued under ORS 328.331. [1997 c.614 §5; 1999 c.251 §4]
Note:
See note under 328.321.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.341 - Transfer by school districts or State Treasurer of moneys to pay debt service on school bonds.

(1)(a) Each school district with outstanding, unpaid school bonds issued with the state guaranty shall transfer moneys sufficient for the scheduled debt service payment to its paying agent at least 15 days before any principal or interest payment date for the school bonds.
(b) The paying agent may, if instructed to do so by the school district, invest the moneys for the benefit of the school district until the payment date.
(c) A school district that is unable to transfer the scheduled debt service payment to the paying agent 15 days before the payment date shall immediately notify the paying agent and the State Treasurer by:
(A) Telephone;
(B) A writing sent by facsimile transmission; and
(C) A writing sent by first class mail.
(2) If sufficient funds are not transferred to the paying agent as required by subsection (1) of this section, the paying agent shall notify the State Treasurer of that failure at least 10 days before the scheduled debt service payment date by:
(a) Telephone;
(b) A writing sent by facsimile transmission; and
(c) A writing sent by first class mail.
(3)(a) If sufficient moneys to pay the scheduled debt service payment have not been transferred to the paying agent, the State Treasurer shall, on or before the scheduled payment date, transfer sufficient moneys to the paying agent to make the scheduled debt service payment.
(b) The payment by the State Treasurer:
(A) Discharges the obligation of the issuing school district to its bondholders for the payment; and
(B) Transfers the rights represented by the general obligation of the school district from the bondholders to the state.
(c) The school district shall pay to the State Treasurer all amounts paid by the treasurer to the paying agent, as well as interest, penalties and any additional costs incurred by the treasurer, as provided in ORS 328.346. [1997 c.614 §6; 1999 c.251 §5]
Note:
See note under 328.321.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.348 - Security for school bond obligations.

(1) Except for moneys subject to the intercept provided in ORS 328.346 (1)(a), a school district may pledge as security for its obligation to reimburse the state under ORS 328.346 (2) any:
(a) Revenues received or held by the school district; or
(b) Real or personal property held by the school district.
(2) The lien of any pledge, mortgage or security interest granted by a school district under this section is valid and binding from the time the pledge is granted. The revenue or property is immediately subject to the lien without physical delivery, filing or other act, and the lien is superior to all other claims and liens of any kind whatsoever.
(3) The lien may be foreclosed by a proceeding brought in the circuit courts of the state and any tangible real or personal property subject to the lien may be sold upon an order of the court. The proceeds of the sale must be applied first to the payment of the costs of foreclosure and then to the amounts owing under ORS 328.346 (2), with any remaining balance paid to the school district. [2013 c.722 §79]
Note:
See note under 328.321.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.356 - State Treasurer subject to provisions regarding issuance of general obligation bonds.

If the State Treasurer issues state bonds, the treasurer shall be subject to the provisions of ORS 291.445 as an agency that is authorized to issue general obligation bonds that are ordinarily to be repaid from General Fund appropriations. [1997 c.614 §9; 1999 c.251 §8]
Note:
See note under 328.321.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.441 - Custody and disbursement of school district funds.

(1) Common school district boards and union high school district boards shall designate the persons to be custodians of school funds of their respective districts. Such funds shall be disbursed only in the manner provided by ORS 328.445 (1).
(2) For the purpose of receiving deposits of school funds, the district school board of each district described in subsection (1) of this section shall designate such bank or banks within the county or counties in which the district is located, as the board deems safe and proper depositories for school district funds. The custodian designated under subsection (1) of this section is not liable personally or upon official bond of the custodian for moneys lost by reason of failure or insolvency of any bank that becomes a depository under this subsection.
(3) If the district does not designate a custodian of school funds, the county treasurer or county fiscal officer shall be custodian of funds of all school districts. School district funds in the county treasurer’s or county fiscal officer’s custody shall be disbursed only upon warrants drawn on the county treasurer or county fiscal officer by the district school board in the manner provided by law.
(4) The proceeds of the sale of school district bonds or warrants shall be used solely for the purpose for which the bonds or warrants were issued, including reduction of existing bond or warrant indebtedness. [1953 c.89 §§2,3,4; 1955 c.312 §2; 1965 c.100 §66; 1975 c.770 §6; 1981 c.441 §3; 2003 c.226 §8]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.445 - Disbursement of school funds by check or warrant.

(1) When funds are available for payment, school district obligations shall be paid by check bearing the original signature of the custodian of the district school funds; or if authorized by the district school board, the custodian’s facsimile signature.
(2) Where a statute specifies a warrant as the means by which school district obligations shall be paid, warrant means "check" if funds are available for payment. [Amended by 1965 c.100 §67; 1971 c.98 §1]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.450 - School warrant procedure.

(1) As used in this section, "school district obligation" includes salaries of district employees and other regularly contracted services.
(2) Except as provided in ORS 328.445 (2), warrants in payment of school district obligations shall be issued only when there are insufficient funds to pay the warrant and shall be indorsed "not paid for want of funds". Warrants may be issued at the end of each school month, if necessary. School warrants shall not be issued without a vote of the district school board. They must be signed by the chairperson of the board and countersigned by the district clerk. If the chairperson is absent or unable to execute the warrants, the board may authorize any member of the board to act as chairperson in executing the warrants.
(3) Unless the district school board has designated a lower rate of interest, which rate must appear on the face of the warrants, warrants indorsed "not paid for want of funds" shall draw the legal rate of interest from date of indorsement until paid.
(4) Funds becoming available for payment of warrants indorsed "not paid for want of funds" shall be applied in payment in the order in which the warrants were so indorsed. [Amended by 1965 c.100 §68]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.460 - Cancellation of school warrants not presented for payment within seven years.

(1) At the last regular district school board meeting preceding July 1 in each year, the district clerk shall certify to the board a list of all school district warrants which were called for payment more than seven years prior to July 1 next following the meeting, and which have not been paid. The certification shall state the amount of each of such warrants, to whom issued, and date of issuance. The district school board shall cause notice to be published. Publication shall be in some newspaper published in the district and having a general circulation therein, or if no newspaper is published in the district, then in some paper published in the county in which the school district is located having a general circulation in the district. The notice shall contain a statement that if such warrants are not presented for payment within 60 days from July 1, they will be canceled, and payment thereof will be refused.
(2) At the first regular meeting of the district school board in each school district after the expiration of 60 days from July 1 in each year, the board shall make an order that all such warrants which have not been so presented for payment, describing them, shall be canceled. The board shall cancel all such warrants which were called for payment more than seven years prior to July 1 of that year.
(3) This section shall not prohibit the district school board, in its discretion, from paying, upon any claim arising from the canceling of any such warrant, the principal of the warrant when presented without interest if not indorsed for want of funds and, if indorsed for want of funds, with interest to the date such warrant was called. [Amended by 1965 c.100 §69]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.465 - Annual audit procedure.

(1) All school district boards and education service district boards shall cause to have prepared an annual audit of the books and accounts of the school district or education service district in the manner set forth in subsection (2) or (3) of this section. The audit reports must be filed with the administrative office for the county in which the administrative office of the district is located on or before November 1 of the year in which the audit is conducted.
(2) The school district board or education service district board may contract for its audit with the administrative office for the county in which the administrative office of the school district or education service district is located. The administrative office for the county shall secure the services of accountants who shall audit the books and accounts of the districts and file with the administrative office for the county a statement setting forth the financial condition of each district. A copy of the audit report of the district shall be sent to the appropriate board of the district. Each district, upon receipt of billing from the administrative office for the county, shall pay its share of the audit costs.
(3) A school district board or an education service district board may contract with accountants to audit the books and accounts of the district.
(4) Accountants under contract as described in subsection (2) or (3) of this section must be selected from the roster of authorized municipal accountants maintained by the Oregon Board of Accountancy under ORS 297.670.
(5) The audit required by this section must include an audit of those factors that are used to compute the State School Fund distribution under ORS 327.011, 327.013 or 327.019. [1965 c.100 §64; 1975 c.770 §7; 1997 c.821 §22; 2003 c.226 §9; 2011 c.316 §1]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.470 - Purchase of automotive equipment; fund transfers.

Notwithstanding ORS 280.040 to 280.145 and any other provision of law, any school district board by resolution may provide for the replacement or acquisition of automotive equipment by making transfers from the district’s general fund to a fund established for that purpose. Transfers to the fund shall be included in the school district budget prepared and published in accordance with ORS 294.305 to 294.565. If at any time conditions arise which dispense with the necessity for further transfers to or expenditures from a fund established pursuant to this section, the district school board shall so declare by resolution. The resolution shall order the balance remaining in such fund to be transferred to the general fund of the district and shall declare the fund closed. [1969 c.375 §2]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.542 - Preparation of district budget; certification of taxes.

(1) Subject to the Local Budget Law (ORS 294.305 to 294.565) and to sections 11 and 11b, Article XI, Oregon Constitution, each school district board shall prepare annually or biennially the budget of the school district and shall certify ad valorem property taxes to the assessor as provided by law.
(2) In addition to the requirements prescribed by ORS 294.305 to 294.565, a school district must include at least one member of the educational equity advisory committee of the school district on the budget committee. [1977 c.840 §16; 1979 c.241 §57; 1987 c.16 §7; 1993 c.45 §34; 1997 c.541 §370; 2001 c.695 §34; 2007 c.858 §46; 2021 c.493 §5]
Note:
Section 6, chapter 493, Oregon Laws 2021, provides:
Sec. 6.
Notwithstanding ORS 328.542, as amended by section 5 of this 2021 Act, a budget committee is not required to include a member of the educational equity advisory committee of the school district until a vacancy on the budget committee occurs by a member who is not also a member of the school district board. [2021 c.493 §6]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.555 - Property liable for district indebtedness; tax levy.

(1) All taxable property in a school district at the time any indebtedness is incurred by such district and all taxable property subsequently located in the area comprising such district shall be liable to taxation for the payment of such indebtedness until paid.
(2) No taxable property in territory included in a school district whose boundaries change as a result of creation, annexation, abolition and other alteration of the school district shall be relieved from liability for any indebtedness incurred prior to a boundary change. The district school board of the district in which are located the school facilities for which the indebtedness was incurred shall levy an annual tax on all taxable property in such territory sufficient to meet the interest payments and retire the indebtedness, but no tax levy shall be necessary as long as other provisions are made for the payment of the indebtedness.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.565 - Power to create indebtedness; zone academy bonds; tax credit bonds.

(1) As used in this section, "qualified zone academy bond" has the meaning given the term in section 1397E of the Internal Revenue Code, as amended and in effect on January 1, 2002.
(2) A district school board may contract indebtedness as provided under ORS 287A.180.
(3) A district school board may issue qualified zone academy bonds or similar tax credit bonds authorized by resolution of the district school board. Unless the bond issue has been approved by electors under ORS 328.205 to 328.304, the district school board must issue revenue bonds as defined in ORS 287A.001. [Formerly 332.085 and then 332.125; 1983 c.124 §9; 1985 c.356 §4; 1993 c.97 §25; 2001 c.537 §5; 2007 c.783 §133; 2009 c.538 §17]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.570 - Division of district into tax zones.

(1) The district board of a school district may divide the district into tax zones for the purpose of imposing and levying ad valorem property taxes at different rates and amounts on the assessed value of all taxable property in each zone if the school district:
(a) Supplies a portion of kindergarten through grade 12 education in certain areas of the school district; and
(b) Supplies all of kindergarten through grade 12 education in the remainder of the school district.
(2) The establishment and boundaries of tax zones within a district must be based upon and reflect qualitative differences in the levels of service provided by the district.
(3) When a district board decides to divide the district into zones under subsection (1) of this section, the board shall conduct a public hearing on the formation of the proposed zones. The hearing shall be held after notice to the public is published as provided in ORS 328.573. [2001 c.246 §2]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.573 - Notice of public hearing on tax zones.

(1) The district board of a school district seeking to establish tax zones under ORS 328.570 to 328.579 shall cause a notice of a public hearing relating to the formation of the tax zones to be published once a week for two successive weeks in the newspaper in general circulation in the district that, in the judgment of the district board, will afford the best notice to the residents of the district.
(2) The notice published under this section shall set forth:
(a) The resolve of the district board to divide the district into zones.
(b) The boundaries of the proposed zones.
(c) The estimated percentage of the total amount of ad valorem taxes of the district that will be imposed in each zone.
(d) The date, hour and place of the hearing.
(e) That all interested persons may attend and shall be given a reasonable opportunity to be heard. [2001 c.246 §3]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.576 - Public hearing; resolution to establish tax zones.

(1) Following the notice required under ORS 328.573, the district board of a school district seeking to establish tax zones shall conduct a public hearing at which district residents and property owners may testify about the proposed zones.
(2) Following the hearing, if the district board decides to proceed, the district board shall adopt a resolution establishing the zones, zone percentages and zone boundaries. [2001 c.246 §4]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 328 - Local Financing of Education › Section 328.579 - Determination of tax in zones; limitations.

(1) If a school district is divided into tax zones under ORS 328.570 to 328.579, the district board shall determine, make and declare each item of ad valorem property tax, as set forth in ORS 310.060 (2), for each zone established in the district when the district board adopts its budget for any fiscal year.
(2) The operating tax rate for each tax zone of the district may not exceed the lesser of the statutory or permanent rate limit for operating taxes of the district established under ORS 310.200 to 310.242 or section 11 (3), Article XI of the Oregon Constitution. [2001 c.246 §5]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.005 - Oregon Educational Act for the 21st Century; duties of department; evaluation by legislature.

(1) This chapter shall be known as the Oregon Educational Act for the 21st Century.
(2) The Department of Education shall be the coordinating agency for furthering implementation of this chapter. This chapter shall be subject to review by the Legislative Assembly.
(3) The appropriate legislative interim committee shall:
(a) Develop the form and content expected of the ongoing review described in this section;
(b) Notify the appropriate agencies of expectations; and
(c) Receive and evaluate regular reports from the Department of Education and other public agencies.
(4) This review outline may be changed as needed in succeeding years. [Subsections (3) and (4) enacted as 1991 c.693 §1a; 1993 c.45 §22; subsections (1) and (2) formerly 326.705; 2003 c.303 §1]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.015 - Educational goals.

(1) The Legislative Assembly believes that education is a major civilizing influence on the development of a humane, responsible and informed citizenry, able to adjust to and grow in a rapidly changing world. Students must be encouraged to learn of their heritage and their place in the global society. The Legislative Assembly concludes that these goals are not inconsistent with the goals to be implemented under this chapter.
(2) The Legislative Assembly believes that the goals of kindergarten through grade 12 education are:
(a) To equip students with the academic and career skills and information necessary to pursue the future of their choice through a program of rigorous academic preparation and career readiness;
(b) To provide an environment that motivates students to pursue serious scholarship and to have experience in applying knowledge and skills and demonstrating achievement;
(c) To provide students with the skills necessary to pursue learning throughout their lives in an ever-changing world; and
(d) To prepare students for successful transitions to the next phase of their educational development. [Formerly 326.710; 1995 c.660 §3; 2007 c.858 §2]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.049 - Plan to encourage voter registration and voting; incorporation into Essential Learning Skills; rules.

(1) Each school district that includes a public high school shall adopt a plan to encourage students to register to vote and vote in elections, including but not limited to:
(a) Posting a link to the electronic voter registration website maintained by the Secretary of State on the Internet home webpage, if any, of each public high school; and
(b) Making materials developed by the Secretary of State relating to voting and voter registration readily available to students at each public high school.
(2) The State Board of Education shall by rule incorporate voter registration skills into the Essential Learning Skills. [2009 c.702 §1]
Note:
329.049 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 329 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.065 - Adequate funding required.

Nothing in this chapter is intended to be mandated without adequate funding support. Therefore, those features of this chapter which require significant additional funds shall not be implemented statewide until funding is available. [Formerly 326.740]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.075 - Statewide implementation; rules; duties of department.

(1) The State Board of Education shall adopt rules, in accordance with ORS 183.750 and ORS chapter 183, as necessary for the statewide implementation of this chapter. The rules shall be prepared in consultation with appropriate representatives from the educational and business and labor communities.
(2) The Department of Education shall be responsible for implementing the provisions of this chapter. Actions by the department to fulfill this responsibility and to increase student achievement may include, but are not limited to:
(a) Developing academic content standards;
(b) Updating Common Curriculum Goals to meet rigorous academic content standards and updating performance indicators and diploma requirements;
(c) Developing criterion-referenced assessments including performance-based, content-based and other assessment mechanisms to test knowledge and skills and whether students meet the performance expectations as determined by the board; and
(d) Establishing criteria for early childhood education programs governed by the Individuals with Disabilities Education Act, 20 U.S.C. 1400 et seq.
(3) The department shall make school districts and the public aware of public school choice options available within our current public education framework. [Formerly 326.745; 1995 c.660 §8; 1997 c.652 §21; 1999 c.871 §1; 2003 c.303 §6; 2007 c.858 §5; 2013 c.624 §2]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.078 - Informational surveys; notice; ability to decline participation.

(1) Each school district shall make available to the students of the school district the following informational surveys:
(a) A survey administered by the Department of Education that is designed to assist the department in gathering information about the education experiences of students in this state, including information on learning, opportunities to learn and school culture and climate; and
(b) A survey administered by the Oregon Health Authority in collaboration with the department that is designed to improve the health and well-being of all students in this state and to help them succeed.
(2)(a) At least five days prior to the administration of a survey identified in subsection (1) of this section, the school district must provide:
(A) Notice of the survey to the parents or guardians of the students to whom the survey will be administered; and
(B) The opportunity for parents or guardians to review the survey before it is administered.
(b) Parents or guardians must be allowed to decline, either verbally or in writing, to have their children participate in a survey identified in subsection (1) of this section.
(3) Students may decline, at any time and either verbally or in writing, to participate in a survey identified in subsection (1) of this section.
(4) Students who participate in a survey identified in subsection (1) of this section may decline to answer individual questions on the survey.
(5) The department shall annually review the surveys identified in subsection (1) of this section and make any revisions in the collection of data and the distribution of data to enable school districts to assist schools in providing an environment that encourages healthy and successful learners. [2023 c.505 §2]
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.079 - Advisory committee on education accountability framework.

(1) The Superintendent of Public Instruction shall convene an advisory committee to explore options for expanding or revising the education accountability framework in this state.
(2) The advisory committee convened under this section must include representatives of school districts, teachers’ unions and post-secondary institutions of education.
(3) The advisory committee convened under this section must review accountability programs in other states and make recommendations to the superintendent on the expansion or revision of the education accountability framework. [2023 c.505 §3]
Note:
329.079 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 329 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
2023 Oregon Revised Statutes › Volume : 09 - Education and Culture › Chapter 329 - Oregon Educational Act for the 21st Century; Educational Improvement and Reform › Section 329.085 - Assessment of schools and school districts required; report; standards.

(1) To facilitate the attainment and successful implementation of educational standards under ORS 326.051 (1)(a) and 329.025, the State Board of Education or its designee shall assess the effectiveness of each public school, public charter school and school district. The findings of the assessment shall be reported to the school or school district within six months.
(2) The board shall establish the standards, including standards of accessibility to educational opportunities, upon which the assessment is based.
(3) On a periodic basis, the board shall review school and school district standards and credit and performance requirements. The board shall seek public input in this process. [Formerly 326.755; 1995 c.660 §10a; 1997 c.17 §1; 2007 c.858 §6]