Chapter 345 Oregon Laws 1999

Session Law

AN ACT

HB 2023

Relating to filing fees for municipal audit reports; amending ORS 297.485; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. ORS 297.485 is amended to read:

297.485. (1) At the time an audit report, prepared by an accountant, is filed with the Secretary of State, as required by ORS 297.465, the municipal corporation shall pay to the Secretary of State a filing fee. The filing fee shall be determined by the total expenditures made by the municipal corporation for any and all purposes during the calendar or fiscal year audited, except that expenditures for principal of bonded debt, principal of short-term loans, principal of warrants redeemed which were issued during prior audit periods, transfers or loans between funds and turnovers of taxes or other trust moneys to other municipal corporations shall not be included in the total expenditures upon which the amount of the fee is based.

(2) The filing fee to be paid shall be as indicated for those municipal corporations whose total expenditures fall within the classifications as follows:

[_________________________________________________________________]

Over Not Over Fee

$ 20,000 $ 10

$ 20,000 50,000 30

50,000 100,000 40

100,000 200,000 50

200,000 350,000 70

350,000 500,000 90

500,000 1,000,000 120

1,000,000 5,000,000 160

5,000,000 200

[_________________________________________________________________]

___________________________________________________________________

Over Not Over Fee

$ 50,000 $ 20

$ 50,000 150,000 40

150,000 500,000 150

500,000 1,000,000 200

1,000,000 5,000,000 250

5,000,000 10,000,000 300

10,000,000 50,000,000 350

50,000,000 400

___________________________________________________________________

(3) Audit reports filed by the administrative office of the county, under ORS 328.465 (2), for school districts with less than 1,000 children according to the latest school census in the county, shall be considered one report for purposes of the filing fee required by this section. The filing fee shall be paid by the county administrative office and deducted pro rata from moneys due to the several school districts.

SECTION 2. This 1999 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 1999 Act takes effect September 1, 1999.

Approved by the Governor June 24, 1999

Filed in the office of Secretary of State June 24, 1999

Effective date September 1, 1999

__________