Oregon Statutes 294.393 – Preparation of estimates by school, education service and community college districts and by municipal corporations operating public utility or hospital
(1) Each school district and each education service district shall prepare the estimates of expenditures required under ORS § 294.388 in accordance with the classification of revenue and expenditure accounts prescribed by the Department of Education in consultation with the Department of Revenue. The Department of Revenue is responsible for determining the district’s compliance with this subsection.
Terms Used In Oregon Statutes 294.393
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) Each community college district shall prepare the estimates of expenditures required under ORS § 294.388 in accordance with the classification of revenue and expenditure accounts prescribed by the Office of Community Colleges and Workforce Development in consultation with the Department of Revenue. The Department of Revenue is responsible for determining the district’s compliance with this subsection.
(3) Notwithstanding ORS § 294.388 (2), each municipal corporation that operates a public utility or hospital shall prepare estimates for the operations of each public utility or hospital in accordance with:
(a) The applicable generally accepted system of accounts for the operations; or
(b) The general system of accounts in ORS § 294.305 to 294.565. [Formerly 294.356; 2015 c.366 § 72]
[Repealed by 1963 c.576 § 44]
[1963 c.576 § 18; 2001 c.135 § 12; renumbered 294.408 in 2011]