Transcription of Local Budgeting Manual - Oregon
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Local Budgeting ManualProPerty tax Division150-504-420 (Rev. 05-12)3 150-504-420 (Rev. 05-12)table of contentstitle PageWhat s new in this edition? ..4 Introduction ..5 Chapter 1 Who is involved in the budget process? ..7 Chapter 2 Formation, dissolution, and boundary changes ..12 Chapter 3 The budget process ..13 Chapter 4 Types of funds ..19 Chapter 5 Estimating budget resources and requirements ..22 Chapter 6 Property taxes in 7 Estimating property taxes available as a budget resource ..40 Chapter 8 The budget committee and approving the budget ..44 Chapter 9 Publication requirements ..47 Chapter 10 Tax elections ..52 Chapter 11 The budget hearing and adopting the budget.
mittee reviews and may revise the proposed budget before it is formally approved. After the budget committee approves the budget, the governing body publishes a summary of the budget and holds a public hearing, at which any person may appear for or against any item in the budget. These requirements encourage public par -
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