OAR 150-294-0540
Transfers of Appropriations

(1)

A transfer of appropriation is a decrease of one existing appropriation and a corresponding increase of another existing appropriation category.

(2)

During the fiscal year or budget period the governing body of a municipal corporation may transfer from one existing appropriation category within a fund to another existing appropriation category in the same fund when a resolution or ordinance is adopted that authorizes this transfer. The resolution or ordinance must state the purpose of the transfer, and the amount of the transfer. The appropriation reductions must equal the appropriation increases. The net effect of this change on the total appropriation in the fund must be zero.

(3)

Transfer of appropriations and a like amount of budget resources may be made between funds by governing body resolution or ordinance. Transfer of appropriation and a like amount of resources to another fund is accomplished by increasing or creating, a “transfer to other funds” appropriation category in the fund from which the transfer is made. The amount of this increased or created appropriation must be offset by reductions in one or more other appropriation categories in the fund from which the transfer is made. The net effect of this change on the total appropriation in the fund from which the transfer is made must be zero. Appropriation categories in the receiving fund are increased by the amount of the transfer, and the budget resources available to that fund are increased by the amount of resources transferred from the fund from which the transfer is made.

(4)

Transfers referred to in this rule apply to transfers that occur after the budget has been approved and that are made during the fiscal year or budget period for which the appropriations are made. Nothing in this rule prohibits or regulates lawful transfers that have been budgeted in accordance with local budget law.

Source: Rule 150-294-0540 — Transfers of Appropriations, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=150-294-0540.

150–294–0100
Department of Revenue Review of the County Assessment, Appeal, Collection, and Distribution of Property Taxes 150–294–0105
Expenditures for Assessment and Taxation 150–294–0110
Definition: Certification of Compliance. Plan to Achieve Adequacy 150–294–0115
Contents of Grant Application 150–294–0120
Estimates of Expenditures for Assessment and Taxation 150–294–0125
Certification 150–294–0130
Alternative Method for Certification 150–294–0140
Transfers from the CATF to the CAFFA Account 150–294–0150
Calculation of Interest on Late Payments 150–294–0300
Definition of Taxing Authority 150–294–0310
Definition of Budget Document 150–294–0320
Definition of Organizational Unit 150–294–0330
Budgeting Grants, Gifts, Bequests, and Devises 150–294–0340
Establishing a Financial Reserve Fund 150–294–0350
“Reserved for Future Expenditure” Requirement 150–294–0360
Detail Sheets for Biennial Budgets 150–294–0370
Resources Are Not Required to Be Budgeted 150–294–0380
Negative Resources 150–294–0390
Budget Resources 150–294–0400
Estimating Tax Revenue for Biennial Budgets 150–294–0410
Proposed Expenditures-Required Presentation 150–294–0420
Governmental Fund Definitions 150–294–0430
General Operating Contingencies 150–294–0440
Unappropriated Ending Fund Balance 150–294–0450
Quorum Necessary to Hold Meeting 150–294–0460
Charging for Budget Document Copies 150–294–0470
Reporting Historical Data for Published Budget Summaries 150–294–0480
Quorum Necessary to Hold Meeting 150–294–0490
Property Taxes Certified 150–294–0500
Publishing of Amended Budget Document 150–294–0510
Manner of Appropriations 150–294–0520
Documents to File When Certification Cannot Be Certified By July 15 150–294–0530
Budget Certification Document to Be Submitted 150–294–0540
Transfers of Appropriations 150–294–0550
Supplemental Budget Procedures 150–294–0800
Councils of Governments Subject to Certain Budgetary Requirements 150–294–0810
Members of the Budget Committee: Governing Body and Appointees. Definition of Representatives of the Services Provided for a Council of Government 150–294–0820
Restrictions on Appointive Budget Committee Members for a Council of Government 150–294–0830
Duties of the Budget Committee of a Council of Government 150–294–0840
Duties of the Governing Body of a Council of Government
Last Updated

Jun. 8, 2021

Rule 150-294-0540’s source at or​.us