ORS 294.187
County Assessment and Taxation Fund

  • sources
  • purpose

(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.

294.004
Definitions
294.005
Definitions for ORS 294.005 to 294.025
294.010
Surrender of warrants upon payment
294.015
Payment on lost, stolen or destroyed warrants upon affidavit of owner, payee or representative
294.025
Effect of wrongful payment
294.027
Provisions relating to warrants and payment of claims
294.028
Payment of warrants by depository
294.029
Provisions of ORS 294.027 and 294.028 not mandatory
294.030
Deductions for bonds from compensation of municipal and other employees
294.033
Investment of deferred compensation funds
294.035
Investment of funds of political subdivisions
294.040
Restriction on investments under ORS 294.035
294.046
List of approved securities for investment under ORS 294.035
294.047
Loss of principal on liquidation of investments
294.048
Borrowing money when premature withdrawal or liquidation of certain investments would cause loss
294.052
Definitions
294.053
Investment by county in master warrants of county
294.055
Use by counties of moneys received from federal government under the Mineral Leasing Act
294.060
Apportionment of moneys received by counties from federal forest reserves to road and school funds
294.065
Use by counties of moneys received from federal government under the federal Flood Control Act
294.070
Expenditure of Taylor Grazing Act funds
294.080
Disposition of interest earned on funds held by county treasurer
294.090
County orders and vouchers to be numbered to correspond to warrants drawn
294.095
Action or proceeding with respect to budget or levy
294.100
Public official expending money in excess of amount or for different purpose than provided by law unlawful
294.120
Use of facsimile signatures
294.125
Investment of funds authorized by order of governing body
294.135
Investment maturity dates
294.145
Prohibited conduct for custodial officer
294.155
Annual audit report
294.160
Opportunity for public comment on new fee or fee increase
294.175
Definitions
294.178
Assessment grant to county
294.181
Alternative method for certification
294.184
County Assessment Function Funding Assistance Account
294.187
County Assessment and Taxation Fund
294.250
Publication by county governing body of schedule of expenditures and statement of proceedings
294.305
Sections constituting Local Budget Law
294.311
Definitions for ORS 294.305 to 294.565
294.316
Exclusions from scope
294.321
Purposes
294.323
Budget period
294.331
Budget officer
294.333
Basis of accounting used by municipal corporation
294.338
Compliance with Local Budget Law required prior to expenditure or tax certification
294.343
Internal service funds
294.346
Reserve fund established without vote
294.353
Elimination of unnecessary fund
294.358
Expenditure and resource estimate sheets
294.361
Contents of estimate of budget resources
294.368
Determination of estimated tax revenues
294.373
Reserving receipts from revenue-producing property or facility
294.378
Certain interest to be included in budget
294.383
Inclusions in accrued revenues of school, education service, community college and community college service districts using accrual basis of accounting
294.388
Estimates and reconciliation of expenditures and other requirements
294.393
Preparation of estimates by school, education service and community college districts and by municipal corporations operating public utility or hospital
294.398
Estimate of unappropriated ending fund balance for each fund
294.403
Budget message
294.408
Time of making budget message and document
294.414
Budget committee
294.423
Governing body of certain municipal corporations to be budget committee
294.426
Budget committee meeting
294.428
Budget committee hearings
294.431
Submission of budget document to tax supervising and conservation commission before date of public hearing
294.433
Format for notices and summaries
294.438
Publication of notice of meeting, financial summary and budget summary
294.441
Requirements for financial summaries of school, education service and community college districts
294.444
County budget summary of revenues and expenditures funded in part by state resources
294.448
Manner of publication
294.451
Sufficiency of publication of budget documents
294.453
Hearing by governing body on budget document as approved by budget committee
294.456
Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate
294.458
Filing copy of budget and certain documents with county assessor and Department of Revenue
294.461
Tax certification contrary to law voidable by Oregon Tax Court
294.463
Transfers of appropriations within fund or between funds
294.466
Appropriation of pass-through revenues
294.468
Loans from one fund to another
294.471
Supplemental budget in certain cases
294.473
Procedure when supplemental budget changes estimated expenditures by more than 10 percent
294.474
Requirement to file materials related to measure proposing local option tax or general obligation bond
294.476
Local option tax or bond measure approved after adoption of budget
294.477
Inclusion in budget of estimated requirements for bonds approved at May election
294.478
School or community college district expending federal or state funds in emergency
294.481
Authorization to receive grants or borrow or expend moneys to respond to public emergency
294.490
Department of Revenue not to interfere with fiscal policy of municipal corporation
294.495
Department of Revenue to construe Local Budget Law
294.500
Declaratory ruling by Department of Revenue as to its rules
294.505
Division of Audits to issue notification of budgetary irregularities
294.510
Order for revision of budgetary procedures
294.515
Appeal by municipal corporation from Department of Revenue order
294.520
Priority of appeals under Local Budget Law
294.565
Failure to file copy of required budget, reports or other documents
294.605
Definitions for ORS 294.605 to 294.705
294.608
Populous counties
294.610
Tax supervising and conservation commission
294.615
Oath of commissioner
294.620
Office of commission
294.625
Jurisdiction of commission
294.630
Tax supervising and conservation commission account
294.632
Commission calculation and report of costs
294.635
Submission of budget estimates by levying boards
294.640
Hearing on budget
294.645
Consideration of budget by commission
294.650
Striking unauthorized items from budget
294.655
Hearing on special tax levies and bond issues proposed for elector approval
294.660
Compiling information as to indebtedness
294.665
Levying board to submit audit report or financial statements annually
294.670
Commission may inquire into management, books and systems
294.675
Calling joint meetings of levying boards
294.680
Certifying excessive or unauthorized expenditures to district attorney
294.685
Annual report by commission
294.690
Records and files of commission open to public inspection
294.695
Attorney General as legal advisor and counsel to commission
294.700
Proceedings to collect penalties
294.705
Tax supervising and conservation commission fund
294.710
Procedures for establishing commission
294.725
Definitions for ORS 294.725 to 294.755
294.730
Fund created
294.735
Payments to fund by political subdivisions
294.740
Refund of account balances
294.745
Analysis of fund receipts and expenditures
294.750
Experience and liability of successor political subdivisions
294.755
Payment on quarterly basis
294.805
Definitions for ORS 294.805 to 294.895
294.810
Local and tribal governments authorized to place limited funds in pool
294.815
Period of investments
294.820
Establishment of investment pools by intergovernmental agreement
294.825
State Treasurer as investment officer
294.831
Investment objective
294.835
Standard of care
294.840
Investment policies
294.845
Investment officer to invest, reinvest pool funds
294.847
Prohibited conduct for investment officer
294.850
Contracts with persons to perform investment functions
294.855
Legal opinions
294.860
Custody of investment documents
294.865
Monthly deductions from income received for payment of expenses
294.870
Separate accounts for public bodies
294.875
Monthly report of investments of pool funds
294.880
Program examination and audit
294.882
Merger or subsequent separation of investment pool and Oregon Short Term Fund
294.885
Oregon Short Term Fund Board
294.890
Board members serve without compensation
294.895
Board duties, generally
294.900
“Council of governments” defined
294.905
Budget committee
294.910
Estimates of expenditures
294.915
Notice of budget committee meeting
294.920
Hearing on budget document
294.925
Supplemental budget
294.930
Authority of Department of Revenue
294.950
County revenue sharing with cities
294.960
Collection and disposition of amounts due counties
294.990
Penalties
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