Or. Rev. Stat. § 328.470
Purchase of automotive equipment; fund transfers
Oregon · Oregon Revised Statutes Chapter 328 — Local Financing of Education · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 328.470, Purchase of automotive equipment; fund transfers, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2497513
- Permanent ID
ys:prov:2497513@1- SHA-256
61de26002bdb4232fce227b4736d16294dba573918df832f39bcc2ab3c98d7a9
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
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.