Oregon Code § 223.245·Enacted ·Last updated March 01, 2026
Statute Text
Budget
to include bond payments.
The interest on the bonds and the amounts of the installments of maturing bonds
shall be included in the annual budget of the issuing local government. There
shall be deducted in the budget the amount that the governing body
conservatively estimates will be received from payments of the principal of and
interest on installments of final assessments appertaining to the particular
bond issue, and from receipts from sales and rentals of property acquired by
the local government pursuant to the assessments, during the fiscal year. [Amended
by 1983 c.349 §3; 1991 c.902 §15; 2003 c.802 §9]
Plain English Explanation
This Oregon statute addresses Budget
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 223.245
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Budget
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 223.245. Use this format in legal documents and court filings.
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