Bill Text: OR HB2425 | 2011 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to local budget law.

Sponsorship: Unknown

Status: (Passed) 2011-06-23 - Chapter 473, (2011 Laws): Effective date January 1, 2012. [HB2425 Detail]

Download: Oregon-2011-HB2425-Amended.html

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     76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session

HA to HB 2425

LC 1406/HB 2425-1

                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2425

   By COMMITTEE ON GENERAL GOVERNMENT AND CONSUMER PROTECTION

                            March 14

  On page 3 of the printed bill, line 17, after the period delete
the rest of the line and delete lines 18 and 19 and insert ' For
purposes of preparing the estimates, 'organizational unit ' does
not apply to hospitals, school districts or education service
districts.'.
  On page 9, line 8, after '(4)(a)' insert 'Except as provided in
section 10 of this 2011 Act,'.
  Delete lines 13 through 15 and insert:
  ' (5)(a) The financial summary required under subsection (1) of
this section must describe in narrative format the prominent
changes from the current year or current budget period in the
activities and financing of the major organizational units or
major programs.'.
  On page 11, after line 3, insert:
  ' (5) For a community college district, the financial summary
required under ORS 294.416 (1) must state separately the total
amount of expenditures and other requirements included in the
budget in each of the following objects:
  ' (a) Salaries;
  ' (b) Materials and services;
  ' (c) Financial aid;
  ' (d) Capital outlay;
  ' (e) Debt service;
  ' (f) Other requirements;
  ' (g) Transfers;
  ' (h) Operating contingencies; and
  ' (i) Unappropriated ending fund balance and reserves.'.
  In line 4, delete '(5)' and insert '(6)'.
  On page 15, line 11, after 'amounts' insert 'in each fund'.
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