presented by: tax supervising & conservation commission wednesday, january 20, 2016 tuesday...
DESCRIPTION
TSCC Local Budget Law Training, January Today’s Agenda 8:30Welcome, Introductions and District Updates 8:45Budget Process / Budget CalendarTunie4-9 9:00Technical BackgroundCraig :20Proposed BudgetCraig :05Break 10:20Approved BudgetTunie :45Adopted BudgetCraig :10Changes after AdoptionCraig :25Property Tax MeasuresCraig :35Questions and DiscussionTRANSCRIPT
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Multnomah County Local Budget Law Training
Presented by: Tax Supervising & Conservation Commission
Wednesday, January 20, 2016Tuesday January 26, 2016
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TSCC Staff & Contact Information
Craig Gibons, Executive Director [email protected] Tunie Betschart, Budget Analyst [email protected] Shannon Turk, Budget Analyst
Phone: 503-988-3054 FAX: 503-988-3053
TSCC Local Budget Law Training, January 2016
Local Budget Law Training
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TSCC Local Budget Law Training, January 2016 3
Today’s Agenda
8:30 Welcome, Introductions and District Updates
8:45 Budget Process / Budget Calendar Tunie 4-9
9:00 Technical Background Craig 10-15
9:20 Proposed Budget Craig 16-39
10:05 Break
10:20 Approved Budget Tunie 40-54
10:45 Adopted Budget Craig 66-64
11:10 Changes after Adoption Craig 65-71
11:25 Property Tax Measures Craig 72-73
11:35 Questions and Discussion
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Budget Process
TSCC Local Budget Law Training, January 2016
What is a Budget?A Financial Plan, a Blue Print, a Map
Instrument to prioritize spending
Tool to monitor expenditures
Estimate of income and expenditures for a set period of time.
Basis used to establish appropriations
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A Budget is prepared because:
! It establishes goals for and organization
! It identifies organizational parameters
! It is a legal requirement for public entities
! Without a Budget, there are no property tax levies!
! It provides valuable information to governing body, citizens and investors
Budget Process (cont.)
TSCC Local Budget Law Training, January 20165
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To establish standard procedures
To describe programs and policies To estimate revenues expenditures
To acquire citizen input and involvement
To provide control over spending
Tell the financial story
TSCC Local Budget Law Training, January 2016
Legislative Intent of Oregon’s Local budget Law. ORS 294.321
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Process evolves over a two year period Starting the Proposed Budget Ending with the publication of the audit. Focal point is the resolution to Adopt, Appropriate and Levy
Taxes.
Currently dealing with three budgets at the same time:
Finalizing Audit for 2014-15
Implementation of 2015-16 Budget
Preparation of 2016-17 Budget
TSCC Local Budget Law Training, January 2016
Budget Cycle
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Step OneDecember - March
Appoint Budget Committee
Step TwoMarch - June
Proposed, Approved, Adopted Budgets.
Step ThreePrior to July 1,
Resolutions to:Adopt Budget,
Makes Appropriations and Levy and Categorizes Property Taxes.
Step FourJuly– June
Monitor resources and expenditures.
Step FiveAugust – December
Independent audit is conducted.
Budget Cycle (cont.)
TSCC Local Budget Law Training, January 20168
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Budget Calendar Prepared by the Budget Officer
Includes: Timing of Proposed, Approved and Adopted Budgets
Scheduled meetings and hearings
Dates of required notices (Budget Committee and Public Hearing)
TSCC and other filing requirements
Tax elections, if necessary
Goal is to ensue all steps are completed prior to July 1!See Handout 1TSCC Local Budget Law Training, January 2016
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Funds
TSCC Local Budget Law Training, January 2016
A Fund is a fiscal and accounting entity with self-balancing accounts to record cash and other financial resources, related liabilities, and balances and changes, all segregated for specific, regulated activities and objectives.
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Funds Per State Statutes 1
Special Revenue Fund294.311(39)
“Properly Authorized” and used to finance activities from a dedicated revenue source
(statutory language limited to definition)
“Special” Fund294.373
“May reserve” receipts from a revenue producing activity (or sale of revenue producing facilities). Shall be placed in a “special fund.”
TSCC Local Budget Law Training, January 2016
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Funds Per State Statutes 2Established by Governing Board action
Internal Service Fund294.343
Requires stated purpose, means of controlling expenditures, and revenue sources.
Reserve Fund 294.346 & 280.050
To hold moneys to be accumulated and expended for purposes listed in 280.050.
TSCC Local Budget Law Training, January 2016
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Funds Per State Statutes 3
Reserve Fund for Local Option Levies294.346 & 280.040
To hold moneys to be accumulated and expended for purpose of the LOL.
GO Bond Debt Service Fund287A.140
Not identified as such in statues, but implied as means of segregating property taxes levied for debt service payments.
TSCC Local Budget Law Training, January 2016
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Capital Projects Fund◦ For major capital expenditures (Except…)
Special Assessment Fund◦ Used for improvements paid for by benefiting properties
Enterprise Fund ◦ Used where an activity operated as a business
Trust and Agency Fund◦ Used for funds held in trust or as agent
Debt Service Fund◦ Used for Long Term Debt
General Fund See Handout 2TSCC Local Budget Law Training, January 2016
Other Funds (Per Oregon Administrative Rules)
OAR 150-294.388(1)-(A)
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How many funds should you have?
As few as necessary!
TSCC Local Budget Law Training, January 2016
Too many funds complicate the budget, makes it more difficult for citizens to understand and is less flexible in terms of adopting the budget or making changes during the year. Start with the General Fund and then only create Special Revenue Funds if the resources and/or expenditures are legally required to be budgeted in a separate fund.
Separate funds should not take the place of good accounting practices
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Resources and Requirements
A. Resources are budgeted by fund and sourceB. Requirements are budgeted by fund and
organizational units or programsC. Budget numbers are good faith effort estimatesD. Negative resource amounts are contrary to statute
Resources = Requirements
The Proposed DocumentBudget Detail Sheets
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Budget Detail Sheets 1
Local Budget Law Training, January 2016
Matches numbers from
respective year’s audit or
CAFR
Adopted budget as modified by
supplemental budgets or budget
transfer resolutions
The Proposed Budget as prepared by the Budget Officer for presentation to the Budget Committee
2013-14Actual
2014-15 Actual
2015-16RevisedBudget
Line Item
2016-17 Budget
FTE Proposed Approved Adopted
$ $$ $$$ Personal Services 10 $$$$
The Proposed Budget
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Local Budget Law Training, January 2016
13-14 Actual
14-15 Actual
2015-16Line Item
2016-17 BudgetRev. Bud
Estimated Expenditures
FTE Proposed App Adopt
$ $$ $$$ $$$+ Personal Services 10 $$$$
The Proposed Budget Budget Detail Sheets 2
Alternative
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Budget Detail Sheets 3
Local Budget Law Training, January 2016
2013-14Actual
2014-15 Actual
2015-16Est.
Expend.Line Item
2016-17 Budget
FTE Proposed Approved Adopted
$ $$ $$$ Personal Services 10 $$$$
The Proposed Budget
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ORS 294.358(1) “…the estimated expenditures for the current year….”
See Handout 3
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Each fund must be balancedResources = Requirements
The Proposed Budget
TSCC Local Budget Law Training, January 2016
Resources Are:
Beginning Fund Balance+ Revenues+ Transfers In= Resources
Requirements Are:
Ending Fund Balance+ Expenditures+ Transfers Out= Requirements
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See Handout 4
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Beginning Fund Balance+ Resources
- Requirements= Ending Fund Balance
The Proposed BudgetThe Formula
TSCC Local Budget Law Training, January 2016
= Next Year’s Beginning Fund Balance(ORS 294.398)
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The Proposed Budget
Step 1: Estimating Beginning Fund Balance (BFB)
TSCC Local Budget Law Training, January 2016
Cash on hand on date budget is prepared+ Estimated revenue duration of fiscal year- Estimated expenditures duration of fiscal year= Estimated BFB for start of ensuing fiscal year
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The Proposed Budget
Step 2: Estimate Taxes
TSCC Local Budget Law Training, January 2016
Rate-Based LevyOr
Dollar Amount Levy?
Rate-Based Dollar Amount $X.XXXX $XXX,XXX Permanent Levies GO Bond Levies Local Option Levies Optional Method for:
Permanent Levies
Local Option Levies 23
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Calculating Taxes to be Levied
Example:Total Requirements $ 60,000Less Existing Resources - $ 10,000Equals Taxes Needed = $ 50,000
Taxes Needed $ 50,000Collection % /.943Taxes Imposed = $ 53,022Measure 5 Loss + $ 1,000
(Will be zero for GO Debt Levies)Equals Tax Levy = $ 54,022
Levy to Approve, Adopt & Certify: $ 54,022
TSCC Local Budget Law Training, January 2016
The Proposed BudgetDollar Amount Tax Levies
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$ Beginning Fund Balance$ Revenues
¢ Property Taxes (current year)¢ Prior Year Property Taxes¢ Fees, Licenses, Fines¢ Enterprise Revenue¢ Federal / State / Local Revenue¢ Grants¢ Interest on Investments¢ Bond or other Debt Proceeds¢ Sale of Assets
$ Interfund Transfers In$ Cash$ Interfund Service Reimbursements
ORS 294.361
TSCC Local Budget Law Training, January 2016
The Proposed Budget
Step 3: Estimate Rest of Resources
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Each fund must be balancedResources = Requirements
The Proposed Budget
TSCC Local Budget Law Training, January 2016
Resources Are:Beginning Fund Balance+ Revenues+ Transfers In= Resources
Requirements Are:
Expenditures+ Transfers Out+ Ending Fund Balance= Requirements
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General Government
Organizational Unit is an administrative subdivision City: Police Department
County: Assessors OfficeSpecial District: General Administration
A Program is a group of related activities focused on a major service or function
sewage collection road maintenance(primarily used for special districts)
TSCC Local Budget Law Training, January 2016
The Proposed BudgetRequirement Categories
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Education
School Districts and Community Colleges follow state-mandated structure.
TSCC Local Budget Law Training, January 2016
The Proposed BudgetRequirements
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FundOrganizational Unit or Program/Activities
PS, M&S, CO, Spec. PaymentsCapital OutlaySpecial PaymentsDebt ServiceGeneral Operating ContingencyInterfund Transfers OutUnappropriated Ending Fund Balance
Reserved for Future Expenditures See Handouts 5 & 6
TSCC Local Budget Law Training, January 2016
The Proposed BudgetRequirements
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The Proposed BudgetStep 1: Estimate Personal Services
Personnel Services are budgeted by organizational unit or activity and total FTE.
Current salaries/salary ranges not required to be in budget document but must be available upon
request. ORS 294.388(5)
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The Proposed BudgetStep 2: Estimate Materials and Services
TSCC Local Budget Law Training, January 201631
2016 2017 2018 2019 20201.6% 2.0% 2.3% 2.0% 2.1%
State of Oregon Inflation ForecastFrom Table A.4. Dec 2015 Economic Forecast
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The Proposed BudgetStep 3: Capital Outlay
Undefined Can be Allocated or Unallocated
ORS 294.388(6)
Should integrate with Capital Project and Capital Expenditure Plans
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The Proposed BudgetStep 4: Estimate Debt Service
Debt service estimates must include separate amounts for principal and interest for each bond issue in each fund.
ORS 294.388(6)
Each bond issue or borrowing is identified by the issue date and exact payment date.
TSCC Budget Manual page 23
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TSCC Local Budget Law Training, January 2016
The Proposed Budget Step 5: Contingencies
“The estimate for a fund may include an estimate for general operating contingencies”. 294.388(7)
OAR 150-29.388(7) further clarifies that operating contingency is for expenditures in “operating funds” that “cannot be foreseen and planned in the budget” and should be based on prior history or risk analysis.
There is no limit on how much can be budgeted as contingency, other than noted above. However, only transfers up to 15% of the fund’s total appropriations can be transferred to other appropriation line items without having to complete a supplemental budget.
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TSCC Local Budget Law Training, January 2016
The Proposed BudgetStep 6: Unappropriated Ending Fund Balance
1. For beginning cash to start the next year2. To reserve cash for multi-year construction projects
or in reserve funds.3. Cannot be spent during the year except in specified
situations.4. “Reserved for Future Expenditures” in a Reserve
Fund can be spent during the year, but only for purposes for which the fund was established and after governing body action.
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The Proposed BudgetEstimating Ending Fund Balance
(The Formula, Slide 21, again)
TSCC Local Budget Law Training, January 2016 36
Beginning Fund Balance (Slide 21-22) + Resources (Slides 22-25)
- Requirements (Slides 30-35) = Ending Fund Balance (Slide 36)
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Budget Message and Budget Document shall be prepared in time to allow the adoption of the budget by June 30th.
No Kidding.
The Proposed Budget
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1) Explains budget document2) Describes proposed financial policies for ensuing year3) Describes important features of the budget document4) Notes salient changes in appropriation and revenue items5) Explains major changes in financial policies6) Notes changes in method of accounting and the impact
Prepared at direction of CEO or Presiding Officer
Presented to Budget Committee with budget document @ Committee’s first meeting
The Proposed BudgetBudget Message (294.403)
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Budget Document Defined: the budget detail sheets, tax levy, and financial summary. (294.311(6))
May be provided to members of the Budget
Committee prior to first meeting for informational purposes only, i.e. no deliberations)
When given to Budget Committee it becomes a public document and a copy must be filed in the office of the municipal corporation for public inspection
Means of duplication must be available to public. District may charge reasonable fee for photo copies.
The Proposed Budget
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Small District Membership Governing body and equal number of appointed electors
Electors are registered votes in the district Cannot be officers, agents or employees of the district
Serve three year terms (four year terms if biennial budget)
Terms must be staggered
If unable to find a willing number of appointive members, those who are willing to serve act along with the governing body
All have equal authority
Serve without compensation
Budget Committee
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Large District Membership For a large districts in Multnomah County, the governing body
acts as the budget committee, without appointed citizen members.
Governing body may choose, by Resolution, to appoint citizen members to the budget committee. ORS 294.423(1)
The governing body of a city with a population in excess of 400,000 is the budget committee of the city’s urban renewal agency. ORS 294.423(2)
Budget Committee
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Budget Committee (cont.)The budget committee must have a quorum present in order to conduct a meeting or take action.
One more than half the number of membership
Vacancy in Appointed Members Total membership is reduced when counting
Vacancy in Governing Body Members
Total membership is not reduced when counting
To take action
Takes majority (quorum) of membership, not just majority of those present, voting in the affirmative to approve any motion
TSCC Local Budget Law Training, January 201642
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Notice of Budget Committee Meeting
Important steps in the budget process: informs the public of the budget committee meeting(s) seeks public inputMust contain the following items:
Purpose; (receive budget message and budget document); Date(s); Time; Location(s) of the budget committee meeting(s); Where the public can inspect the budget; and, When questions and comments will be received from the public (can be
either at first meeting or subsequent meeting).
See Handouts 7 & 8
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Notice of Budget Committee Meeting (cont.)
Four Notification Methods
1) Printing twice in newspaper of general circulation 5 -30 days before the meeting
2) Posting notice on district website in a “prominent manner” and maintained on the website for at least 10 days before meeting, and printing once in the newspaper (must include web address)
3) Mail to each street address, rural route or PO Box at least 10 days prior to the meeting date, or
4) Hand delivery to each street address at least 10 days prior to the meeting.
TSCC Local Budget Law Training, January 201644
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Notice of Budget Committee Meeting (cont.)
If notice is published once in a newspaper and posted on website in a “prominent manner” for at least 10 days before the meeting, the newspaper notice must give the Internet website address of the website publication. ORS 294.426(5)(b).
See Handout 9
TSCC Local Budget Law Training, January 2016
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Notice of Budget Committee Meeting (cont.)
More than one meeting all meeting dates/times/locations can be included in first
notice or meetings subsequent to first meeting can be noticed
the same as regular meetings
First notice must include the meeting date at which public comment and questions will be taken.
.
(http://www.oregon.gov/DOR)
TSCC Local Budget Law Training, January 2016
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Budget Committee Duties The committee’s primary duties are to:
Receive budget document Hears the budget message Hears and considers public comment Establish expenditures for each fund (must balance with
resources) Approve the budget Specify the maximum ad valorem (property tax) rate or amount for
each fund that receives property taxes.
“The Budget Committee may not deliberate on the budget document before the first meeting.” ORS 294.426(6)(a)
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TSCC Local Budget Law Training, January 2016
Budget Committee Duties (cont.)Duties are complete once they approve budget
Can only be convened back into session by the governing body.
Budget staff will complete the Approved Budget column as approved by committee.
2013-14Actual
2014-15 Actual
2015-16RevisedBudget
Line Item
2016-17 Budget
FTE Proposed Approved Adopted
$ $$ $$$ Personal Services 10 $$$$ $$$$
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TSCC is required by state law to review the Approved Budgets of member jurisdictions.
TSCC review is an good opportunity for a second look at your budget.
Maintain a complete set of spreadsheets for all jurisdictions in county
TSCC Review
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Some of the items we look for are:Do the actual expenses shown in the budget balance to
the audit? Is each fund balanced in all four years?Are the current and prior year property tax collections
reasonable? Do the GO debt service payments balance to the debt
service schedules? Is the GO debt service unappropriated ending fund
balance in compliance with ORS 123-456?
.
TSCC Review
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TSCC staff prepares a written review of your budget for the Commission.
TSCC staff includes any objections or recommendations it has with respect to the budget.
The responsibility of the commission shall be advisory only. ORS 294.645(1)
TSCC Review
For TSCC Member Jurisdictions:
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TSCC Recommendation A notice that something was completed incorrectly in the budget
process advisory comment that it should not be repeated accompanies
the notice
Common recommendations concern: Over-expenditures or other problems identified in prior year’s
audit Funds ending the year with a negative ending fund balance Improper notice for Budget Committee meetings or public
hearings.
TSCC Certification
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TSCC Objection Notice of something incorrect in the budget Must be fix prior to adoption
Common objections concern:An excessive fund balance in GO Bond fund.Crediting of Property tax revenue to an improper fund.
TSCC Certification
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Certifies any recommendations and/or objections the commission has to budget or budget process
Distribution: If TSCC holds the public hearing, the Certification Letter will be
issued following the hearing. The Certification Letter is discussed at that time.
If the district holds its own public hearing, the Certification Letter will be sent to the district prior to the hearing. The governing body should review the letter during the public hearing and respond to listed concerns.
If letter contains recommendations or objections a written answer from the district must be sent to TSCC
TSCC Certification Letter
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Process Make Budget Committee Changes ORS 294.438
Prepare Financial Summary ORS 294.438
Schedule and notice a Budget Hearing ORS 294.438
Hold Public hearing to accept comments from the public. ORS 294.453.
Use a Budget Resolution to Adopt the budget. ORS 294.456
Budget Adoption
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Small District Notice & Process
All small districts conduct their own hearings and use the state form for public notice:
General Governments (Form LB – 1) Education Districts (Form ED – 1) Urban Renewal Agencies (Form UR – 1).
An alternative, narrative format can also be used, but must include all the same information. ORS 294.438(1)
See Handout 10
Budget Adoption
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Large District Notice & Process
TSCC commissioners conduct the public hearing District publishes a notice of the hearing with a
streamlined, summary format. ORS 294.448(2)
Budget Adoption
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Budget Hearing
Any person may appear for or against any item in the approved budget document.
Conducted by TSCC for large districts
Conducted by district boards for small districts
Budget Adoption
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After the Budget Hearing 1 After the hearing and “consideration of matters discussed at the public hearing” (294.456(1)(a)), the governing body shall enact the budget resolution
Districts under TSCC jurisdiction must review the TSCC Certification Letter and take action on objections or recommendations, if required
Budget Adoption
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After the Budget Hearing 2 The governing body may amend the budget
estimates and tax rate or levy amount (and thus the resolution) prior to adoption, within limits. (294.456(1)(b))
Expenditures in a fund cannot be increased by more than $5,000, or 10%, whichever is greater ($10,000 or 10% in a 2 year budget)
The tax levy rate or amount approved by the budget committee cannot be increased
Budget Adoption
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Budget Resolution
1. Adopts the Budget
2. Makes Appropriations
3. Declares and Categorizes Property Tax Rate or Amount.
See Handouts 11 & 12
Budget Adoption
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Budget Resolution The resolution appropriations are the district’s legal
authority to expend public funds.
….Not the budget.
They can not lawfully be exceeded
Note that resources are not in the resolution or ordinance.
Budget Adoption
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The Adopted Budget Document must have:
a) The two budget committee noticesb) Budget hearing noticec) Budget detail sheetsd) Resolution imposing property taxese) Resolution categorizing the taxesf) Notice of property tax levy formg) Samples of ballots of any new property tax approved
by voters, for first time levyOAR 150-294.311 (6)
Budget Adoption
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Filing Requirements By July 15 Assessor’s Office in each county
Two copies of resolutions The property tax certification (Form LB-50 / ED–50 / UR–50) Ballot Title for any new voter-approved property taxes
By September 30 to the County Clerk in each county Budget Document
In Multnomah County there is no County Clerk. Budget document is filed with county assessor.
See Handouts 13 & 14
Post Adoption Actions
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“Except as provided in ORS 294.338, 294.463, 294.466, 294.471, 294.473 and 294.478, after the governing body has enacted the ordinances or resolutions necessary to adopt the budget…, an expenditure… of public money may not be made for any purpose in an amount greater than the amount appropriated .” ORS 294.456(6)
Changes After Adoption
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Changes After Adoption (cont.)
Statutes allowing changes after adoption:
294.338; exceptions to local budget law 294.463; transfers of appropriation authority 294.468; interfund loans not paid back in same year 294.471; Supplemental budget 294.473; Supplemental budget 294.343; Internal Service Funds 294.466; appropriation of pass-through revenues 294.476; newly approved Local Option Levy taxes 294.478; education district emergencies 294.481; expenditures of funds in response to “emergency
situation”
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Supplemental Budgets ORS 294.471 : Supplemental Budgets (10% or less)
For situations “not ascertained” during preparation of budget that requires a change in financial planning
A pressing necessity not reasonably foreseen during preparation of the budget that requires prompt action
Funds made available by another unit of federal, state or local government that could not have been foreseen during preparation of the budget
Ad valorem property taxes sufficiently greater such that level of operations will be significantly greater
A newly approved local option levy A reduction in available resources that requires a reduction in
appropriations
Also, transfers of General Operating Contingency exceeding 15% of a fund’s appropriations require a supplemental budget. ORS 294.463(2)
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Supplemental Budgets (cont.) When expenditures change in a fund by 10% or less:
The calculation of “10% of expenditures” is based on the adopted budget or the most recent amendment to the budget.
The governing body may adopt the supplemental budget at a regular meeting after publishing a notice of the meeting by one of the means specified in ORS 294.311(35) at least five (5) days prior to the meeting. The notice must include a statement that a supplemental budget will be considered.
Additional expenditures must be approved by resolution or ordinance prior to expending the funds.
A supplemental budget is not required for those actions allowed as exceptions under ORS 294.338.
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Supplemental Budgets (cont.)
When expenditures change in a fund by more than 10%:
The governing body required to conduct a public hearing. Notice of the public hearing by one of the means specified in ORS 294.311(35) at least five (5) days prior to the meeting must include “a summary of the changes proposed in the funds that differ by more than 10 percent”. DOR has suggested format in Instructions booklet
Additional expenditures must be approved by resolution or ordinance prior to expending the funds
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Different Budget change limitations, by Fund
Approved to Adopted; more than ten percent of expenditures. ORS 294.435
Supplemental Budget requiring public hearing; More that 10 percent of expenditures in the most recently amended budget. ORS 294.473.
Transfer of General Operating Contingency requiring a supplemental budget; “in aggregate” during the fiscal year or budget period which exceeds 15 percent of original (adopted) appropriations.
Expenditures = Adopted Budget total requirements less ending fund balance, transfers and contingency
Appropriations = Adopted Budget total requirements less ending fund balance
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Expenditures Appropriations Requirements
Personnel Services $120,000 $120,000 $120,000 Materials & Services $65,000 $65,000 $65,000Capital Outlay $37,500 $37,500 $37,500Fund Transfers $16,800 $16,800 General Operating Contingency $44,500 $44,500 Unappropriated Ending Fund Balance$8,000
Fund Totals $222,500 $283,800 $291,800
Approved to Adopted10% or less of Expenditures $ 22,250
Contingency Transfers15% of Appropriations * $ 42,570
Supplemental Budget (Hearing)More than 10% of Expenditures ** $ 22,250
* In aggregate during the Fiscal Year. ** Calculated against most recently adopted amendments
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Municipal Corporations can seek voter approval for three types of property taxes:
Permanent Tax Rate Limit Only those districts that have never levied operating taxes
Local Option Levy Dollar amount or rate per $1,000 Operations (five year maximum)
or Capital Projects (ten year maximum) General operations or specific purpose operations
General Obligation Bonds
Property Tax Measures
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When to include new property tax revenue in budget?
May Election:
Include in Approved Budget by Budget Committee action.
November Election:
Levy authority can not be used until subsequent fiscal year.
Property Tax Measures (cont.)
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TSCC Staff, available anytime, anywhere
TSCC Budget Manual for Local Governments in Multnomah County
TSCC web site: www.tsccmultco.com
DOR Local Budget Law Training sessions (refer to handout for dates and locations)
DOR’s 2015-16 Local Budget Law and Notice of Property Tax Forms and Instructions booklet
DOR Local Budgeting Manual
DOR web site:http://www.oregon.gov/DOR/programs/property/Pages/local-budget.aspx
Resources
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