Oregon Code § 327.485·Enacted ·Last updated March 01, 2026
Statute Text
Education Cash Account; disbursements.
(1) The Education Cash Account of the General Fund consists of all moneys made
available to the Department of Education by:
(a) Charitable
and philanthropic foundations, organizations and agencies if the moneys have
not been dedicated for specific use by requirements of other sections of Oregon
Revised Statutes;
(b) Miscellaneous
receipts;
(c) Collection of
fees from sale of supplies and publications compiled and furnished by the
Department of Education and distributed or sold to other persons or groups;
(d) Funds
received as gifts, contributions and bequests for career and technical
education and moneys received as reimbursements for funds theretofore expended;
(e) Moneys
received through charges to grants, contracts and other funds for indirect
costs; and
(f) Any other
nondedicated moneys received by the Department of Education for which the
Legislative Assembly has established an administrative funds limitation.
(2) The
provisions of this section do not relieve the department of its
responsibilities to separately account for moneys received as trust funds.
(3) Disbursements
from the Education Cash Account shall be made as directed by the Department of
Education. The department shall keep a record of all moneys deposited in such
account. The record shall indicate by separate cumulative accounts the source from
which the moneys are derived and the individual activity against which each
withdrawal is charged. [1961 c.588 §1; 1965 c.100 §38; 1979 c.570 §3; 1993 c.45
§302; 2005 c.209 §7; 2009 c.94 §3]