72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
Enrolled
Senate Bill 692
Sponsored by Senator B STARR
CHAPTER ................
AN ACT
Relating to service districts; amending ORS 451.580.
Be It Enacted by the People of the State of Oregon:
SECTION 1. ORS 451.580 is amended to read:
451.580. { + (1) + } Except as otherwise provided in ORS
451.410 to 451.610, all moneys received by a district shall be
paid to the county treasurer and deposited by the county
treasurer in an appropriate district fund. The county treasurer,
when ordered by a district governing body, shall establish
separate accounts in the district fund or separate funds in the
county treasury for the segregation of sinking or reserve funds
or accounts, of operating funds or accounts or of any other funds
or accounts found necessary or expedient by the district.
However, no moneys received by a district shall be used for any
purpose other than for carrying out the purposes of ORS 451.410
to 451.610 and all funds, facilities, personnel or supplies of
the county used for those purposes shall be charged to the
appropriate district fund or account.
{ + (2) Notwithstanding the requirement for a district to pay
district moneys to the county treasurer for deposit in an
appropriate district fund in the county treasury under subsection
(1) of this section, the governing body of a county, with the
consent of the county treasurer if the county treasurer is an
elected county officer, may order a service district established
under ORS 451.410 to 451.610 to hold and manage its own moneys in
one or more district funds or accounts deposited in a financial
institution as defined in ORS 706.008. The order must provide for
transfer of any moneys of the district then held or later
received by the county treasurer for the district. Thereafter,
the district shall be solely responsible for management of moneys
of the district and shall designate a district officer or
employee to assume the duties and responsibilities otherwise
imposed upon the county treasurer.
(3) Moneys deposited by the district in a district fund or
account may be withdrawn or paid out only upon a proper order and
warrant or upon a check signed by the district officer or
employee designated to assume the duties and responsibilities
otherwise imposed upon the county treasurer. The order must:
(a) Specify the name of the person to whom the moneys are to be
paid;
(b) Specify the fund or account from which the moneys are to be
paid;
Enrolled Senate Bill 692 (SB 692-A) Page 1
(c) State generally the purpose for which the moneys are to be
paid; and
(d) Be entered in the record of proceedings of the
district. + }
----------
Passed by Senate March 31, 2003
...........................................................
Secretary of Senate
...........................................................
President of Senate
Passed by House May 19, 2003
...........................................................
Speaker of House
Enrolled Senate Bill 692 (SB 692-A) Page 2
Received by Governor:
......M.,............., 2003
Approved:
......M.,............., 2003
...........................................................
Governor
Filed in Office of Secretary of State:
......M.,............., 2003
...........................................................
Secretary of State
Enrolled Senate Bill 692 (SB 692-A) Page 3