28 chapters · 1,856 sections in this title.
ORS 327.880 Failure to meet qualifications; retained apportionments
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(1) If a school district applies, but does not qualify for, an apportionment under ORS 327.859 and 327.877, the Department of Education shall: (a) Retain the amount of the apportionment the school district would have received if the school district had qualified for the apportion…
ORS 327.883 Rules for eligibility requirements, biennial plan guidelines, biennial plan submission deadlines, reporting criteria and audit processes
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(1) The State Board of Education shall by rule adopt eligibility requirements, biennial plan guidelines, biennial plan submission deadlines, reporting criteria and audit processes to ensure that amounts apportioned under ORS 327.859 improve students progress toward graduation be…
ORS 327.886 Retention of moneys for administrative costs of department
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(1) For the biennium beginning July 1, 2017, the Department of Education may retain up to one and one-half percent of the High School Graduation and College and Career Readiness Fund for purposes of administering ORS 327.853 to 327.895. (2) For biennia beginning on or after July …
ORS 327.889 Retention of moneys for administrative costs of school districts
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(1) A school district may not use more than five percent of an apportionment under ORS 327.859 for administrative costs. (2) A school district may not use an apportionment to administer activities not directly related to the programs, opportunities and strategies described in ORS…
ORS 327.892 Oversight and accountability by department
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To ensure the High School Graduation and College and Career Readiness Fund improves students progress toward graduation beginning with grade 9, graduation rates and college and career readiness, the Department of Education shall: (1) Monitor the performance of school districts t…
ORS 327.895 Financial and program audits by Secretary of State; reports to Legislative Assembly and Governor
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(1) Not later than December 31, 2020, and every two years thereafter, the Secretary of State shall conduct financial and program audits of the uses of the High School Graduation and College and Career Readiness Fund and the effectiveness of the fund in achieving the purposes of t…
ORS 327.910 Coordination between Department of Education and Oregon FFA Association for agricultural education courses
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To increase student achievement and to improve graduation rates, college preparation and career placement for students enrolled in secondary agricultural education courses, the Department of Education shall coordinate with the Oregon FFA Association to: (1) Enroll each student re…
ORS 327.915 Grants to manage programs of study in agricultural science and technology
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(1) The Department of Education shall establish and administer a grant program for the purpose of funding extended duty contracts in school districts to allow school district personnel to manage approved programs of study in agricultural science and technology during the summer m…
ORS 328.001 Definitions for chapter
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As used in this chapter, unless the context requires otherwise: (1) Administrative office for the county means the administrative office of the education service district, or of any common school district that includes an entire county. (2) Impact aid revenues means the reven…
ORS 328.005 County school fund; uses
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(1) The governing body of each county shall create a county school fund. (2) When a county governing body transfers federal forest reserve receipts under ORS 294.060 (4) subject to a condition that such moneys be used only for a purpose described in ORS 328.205 (1)(a) or (c), a s…
ORS 328.015 Apportionment to districts
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On the first Monday in December the executive officer of the administrative office for the county shall apportion the county school fund among the several districts in the county, in proportion to the resident average daily membership for the preceding fiscal year in each distric…
ORS 328.030 Partial apportionments
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The executive officer of the administrative office for the county, upon the written request of any district school board, may make a partial apportionment to any district of any money due it at the time of making a regular apportionment under ORS 328.015, and apportion the remain…
ORS 328.045 Apportionment of excess amounts; application as tax offset
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Any moneys in the county school fund in excess of the amount required by law may, by order of the county governing body, be apportioned under ORS 328.015 separately from remaining county school fund moneys. Amounts separately apportioned under this section to a school district sh…
ORS 328.105 Sources; use of interest
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The proceeds of all gifts, devises and bequests made to Douglas County for common school purposes shall be set apart as a separate and irreducible school fund, to be called the Douglas County School Fund, the interest of which shall be applied to the support and maintenance of al…
ORS 328.110 Custodian of fund
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The county treasurer shall be the custodian of the Douglas County School Fund. The bond as treasurer shall include the honest and faithful performance of the duties of the county treasurer as such custodian.
ORS 328.115 Loan of fund and rental of lands; disbursement of interest and rents
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(1) The county treasurer shall loan the Douglas County School Fund in the manner provided by law at the best rate obtainable per annum and shall rent all lands owned by the county belonging to the fund. (2) The county treasurer shall place the interest and rentals with other mone…
ORS 328.120 Board of Douglas County School Fund commissioners
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The chairperson of the board of county commissioners, clerk and treasurer of Douglas County are appointed as a board of Douglas County School Fund commissioners. They shall approve all applications for loans as to title and value of security offered. The treasurer shall make no l…
ORS 328.125 Law concerning Common School Fund to apply
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The laws governing the loaning of the Common School Fund of this state, so far as applicable and not in conflict with ORS 328.105 to 328.140 shall govern the loaning of the Douglas County School Fund.
ORS 328.130 Loans to be made in name of treasurer; collection of sums due
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All loans shall be made in the name of the treasurer of Douglas County but for the benefit of the fund. The treasurer shall collect all sums due the fund in the manner provided by law.
ORS 328.135 Fees for services of county officers; expense of making loan
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No officer of Douglas County shall charge or receive fees for any service performed in regard to the fund. All expenses of making a loan shall be paid for by the applicant.
ORS 328.140 Sale, rental or lease of property; disposition of proceeds
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The board of Douglas County School Fund commissioners may sell and convey by deed, executed by all of said commissioners, any and all real property devised to Douglas County for common school purposes, whenever in the judgment of such board the interest of the school fund will be…
ORS 328.155 Sources; use of interest
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The proceeds of all gifts, devises and bequests made to School District No. 1, Klamath County, for common school purposes, for the use and benefit of said district shall be set apart as a separate and irreducible school fund, to be called the Common School Fund for District No. 1…
ORS 328.160 Custodian of fund; bond
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The clerk of Klamath County School District No. 1 shall be custodian of the Common School Fund for District No. 1, Klamath County. The bond of the clerk shall require the honest and faithful performance of the duties of the clerk as such custodian. [Amended 1989 c.171 §43]
ORS 328.165 Investment and loan of fund and rental of lands; disbursement of interest and rents
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(1) The board of common school fund commissioners for Klamath County School District No. 1 may invest all or part of the fund in bonds of the United States of America. With regard to any funds not so invested, the district clerk shall loan the fund in the manner provided by law a…
ORS 328.170 Directors as fund commissioners
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The directors of School District No. 1 of Klamath County are appointed as a board of common school fund commissioners for the district to approve all applications for loans as to title and value of the security offered. The security shall be real property in Klamath County of at …
ORS 328.175 Laws governing loans of Common School Fund to apply
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The laws governing loaning of the Common School Fund of this state, so far as applicable and not in conflict with ORS 328.155 to 328.190 shall govern the loaning of the Common School Fund for District No. 1, Klamath County.
ORS 328.180 Loans to be made in name of clerk; collection of sums due
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All loans shall be made in the name of the clerk of School District No. 1 of Klamath County, but for the benefit of the fund. The clerk shall collect all sums due the fund in the manner provided by law. The principal shall be reloaned.
ORS 328.185 Fees for services of clerk; expense of making loan
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The clerk of the district shall not charge or receive fees for any services performed in regard to the fund. All expenses of making a loan shall be paid for by the applicant.
ORS 328.190 Sale and conveyance of property; disposition of proceeds
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The board of directors of School District No. 1, Klamath County, may sell and convey by deed, executed by all the members of said board of directors, any and all real property devised to the district for common school purposes, or any and all real property acquired by the distric…
ORS 328.205 Power to contract bonded indebtedness; use of proceeds to pay expenses of issue
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(1) Common and union high school districts may contract a bonded indebtedness for any one or more of the following purposes for the district: (a) To acquire, construct, reconstruct, improve, repair, equip or furnish a school building or school buildings or additions thereto; (b) …
ORS 328.210 Bond elections
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(1) The board of directors of a common or union high school district shall call an election on a date specified in ORS 255.345 for the purpose of submitting to the electors of the district a question of contracting bonded indebtedness under ORS 328.205 when: (a) A majority of the…
ORS 328.213 Issuance of negotiable interest-bearing warrants
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(1) When authorized by a majority of the electors of the district, the board of a common or union high school district may contract a district debt for an amount which together with outstanding bonded indebtedness shall not exceed the bonding limit of the district as provided by …
ORS 328.230 Issuance of bonds upon favorable vote
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If the electors of the district approve the contracting of bonded indebtedness, the bonds shall be issued as prescribed in ORS chapter 287A. [Amended by 1965 c.100 §53; 1971 c.140 §1; 1983 c.350 §139; 2007 c.783 §128]
ORS 328.240 Place of payment
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The principal and interest on district bonds are payable in lawful money of the United States of America at the office of the treasurer or fiscal officer of the county in which the major portion of the assessed valuation of the district is located at the time the bonds are issued…
ORS 328.245 Limitation on bonded debt of districts generally
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The aggregate amount of such district bonded indebtedness, including indebtedness authorized under ORS 328.213, shall not exceed the following percentages of real market value of all taxable property within the district, computed in accordance with ORS 308.207: (1) For each grade…
ORS 328.250 Limitation on bonded indebtedness of enlarged or reorganized school districts
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In any school district created by merger or reorganization, the amount of bonded indebtedness and negotiable interest-bearing warrant indebtedness which may be incurred under ORS 328.245 shall be reduced by the amount of premerger, prereorganization, bonded indebtedness and negot…
ORS 328.255 Registration of bonds and negotiable interest-bearing warrants; delivery; disposition of proceeds of sale of bonds; noncontestability
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(1) The county treasurer or county fiscal officer shall register each school district bond, including refunding bonds, and negotiable interest-bearing warrants in a book kept for that purpose, noting the school district, amount, date, time and place of payment, rate of interest a…
ORS 328.260 Tax levy to pay interest and principal of bonds; use of funds derived from tax
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(1) The district school board shall ascertain and levy annually, in addition to all other taxes, a direct ad valorem tax on all the taxable property in the school district, sufficient to pay the maturing interest and principal of all serial school district bonds promptly when and…
ORS 328.265 School district bond tax levied by county
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(1) The district school board of each school district having an outstanding bond issue shall file annually with the county treasurer or county fiscal officer a copy of the school district budget and tax levy. (2)(a) If the tax required by ORS 328.260 is not levied by the district…
ORS 328.270 Payment of principal and interest; collection commission
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(1) The county treasurer or county fiscal officer must cause to be paid out of any money in the hands of the county treasurer or county fiscal officer belonging to the school district, the interest on or principal of, as the case may be, any bond issued by the district promptly w…
ORS 328.275 Redemption and payment of bonds
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(1) Whenever the sinking fund mentioned in ORS 328.260 is sufficient to permit the redemption of any bond then subject to redemption at the option of the school district, the county treasurer or fiscal officer of the county having custody of such fund, when authorized by the dist…
ORS 328.280 Funding or refunding district indebtedness
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(1) Whenever any school district has any outstanding negotiable interest-bearing warrant indebtedness or bonded indebtedness incurred in building or furnishing any schoolhouse, or for the purchase of any schoolhouse site, or in refunding bonded indebtedness, or in funding warrant…
ORS 328.284 Funds diversion agreement related to payment on revenue bonds
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(1) As used in this section, qualified revenue bonds means revenue bonds, as defined in ORS 287A.001, that: (a) Meet the definition of qualified school construction bonds, as defined in section 1521 of the federal American Recovery and Reinvestment Act of 2009 (P.L. 111-5) or…
ORS 328.295 Issuance of bonds and interest-bearing warrants
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All school bonds, including funding and refunding bonds, notes and negotiable interest-bearing warrants which have been specifically authorized by vote of the electors, shall be issued as prescribed in ORS chapter 287A. [Amended by 1965 c.100 §61; 1975 c.642 §21; 2007 c.783 §130]
ORS 328.300 Marketing bonds jointly or through association
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(1) Two or more school districts may join together to market the bond issues of the districts, subject to such terms and conditions as the districts may agree. (2) School districts may market bonds through an association of which school boards are members, subject to such terms a…
ORS 328.304 County education bond district; creation; powers; purpose
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(1) A board of directors of an education service district may proceed under subsection (2) of this section to create a county education bond district if two-thirds of the component school districts that are part of the education service district and that have at least a majority …
ORS 328.316 Impact aid revenue bonds; issuance; requirements
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(1) Pursuant to an agreement between a school district board and the governing body of an Indian tribe whose reservation is located partly or wholly within the district, a school district board, by resolution, may issue negotiable impact aid revenue bonds pursuant to this section…
ORS 328.318 Funds required for impact aid revenue bonds
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If a school district board issues impact aid revenue bonds under ORS 328.316, the board shall establish: (1) An impact aid revenue bond building fund consisting of the net proceeds received from the sale of the bonds. The fund shall be a continuing fund that is not subject to rev…
ORS 328.321 Definitions for ORS 328.321 to 328.356
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As used in ORS 328.321 to 328.356: (1) Common School Fund means the state school fund described in section 2, Article VIII, Oregon Constitution. (2) General obligation bond has the meaning given that term in ORS 287A.001. (3) Paying agent means the corporate paying agent se…
ORS 328.326 State guaranty of school bonds allowed
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(1)(a) The State Treasurer may, by issuing a certificate of qualification to a school district, pledge the full faith and credit and taxing power of the state to guarantee full and timely payment of the principal of, either at the stated maturity or by any advancement of maturity…