2015 ORS § 199.743¹
Financial affairs of city-county if charter becomes effective during fiscal year
(1) Notwithstanding ORS 294.305 (Sections constituting Local Budget Law) to 294.520 (Priority of appeals under Local Budget Law) and 310.010 (Determination of amount of money for county and other purposes) to 310.110 (Apportionment of taxes where taxing district lies in two or more counties), if the charter for a city-county is approved under ORS 199.740 (Effect of election) (1) and the effective date of such charter is other than the date of the beginning of the fiscal year immediately following the fiscal year in progress on the effective date of such charter, during the remainder of the fiscal year in progress on the effective date of such charter the city-county shall expend moneys and levy taxes in accordance with the budgets prepared and adopted by each of the municipal corporations consolidated, merged or dissolved in the formation of the city-county pursuant to such charter, as if such charter had not taken effect. For the purposes of this section, the city-county shall be considered to be a continuation of each municipal corporation consolidated, merged or dissolved in the formation of the city-county.
(2) As used in subsection (1) of this section:
(a) Fiscal year has the meaning given that term in ORS 294.311 (Definitions for ORS 294.305 to 294.565).
(b) Municipal corporation has the meaning given that term in ORS 294.311 (Definitions for ORS 294.305 to 294.565). [1973 c.745 §9; 1997 c.308 §32]