In the exercise of the authority granted by ORS § 287A.180, 328.565 and 341.715, specific provision for interest must be contained in duly adopted budgets. However, reporting of anticipated loan proceeds and related principal repayments within a particular fiscal year or budget period may be accomplished in narrative form or by footnoted schedules to the duly adopted budget and need not be included as a budgetary resource or requirement. Such narrative or footnoted disclosure must indicate that principal repayments are a liability of the applicable fund from which they are made. [Formerly 294.443]

Terms Used In Oregon Statutes 294.378

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

 

[Amended by 1959 c.262 § 3; repealed by 1963 c.576 § 44]

 

[1963 c.576 § 15: 1979 c.762 § 1; 1991 c.459 § 5; 1997 c.308 § 10; 1997 c.541 § 328; 1999 c.186 § 7; 1999 c.632 § 5; 2001 c.135 § 10; 2001 c.138 § 1; 2003 c.46 § 1; 2005 c.443 § 31; 2007 c.894 § 1; 2009 c.538 § 16; renumbered 294.368 in 2011]

 

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