ORS 291.040
State financial report

(1)

Within 180 days of the close of each fiscal year, the Oregon Department of Administrative Services shall prepare a financial report for the State of Oregon. The report shall contain financial statements which fairly present the financial condition and results of operation of the State of Oregon in accordance with current, generally accepted accounting principles and such other financial and statistical information as may be necessary to completely and accurately disclose the financial condition and financial operations of the state and its various agencies.

(2)

As used in subsection (1) of this section, “generally accepted accounting principles” means those accounting principles sanctioned by recognized authoritative bodies such as the Governmental Accounting Standards Board, the American Institute of Certified Public Accountants or their successors. [1977 c.897 §1; 1989 c.152 §1; 1991 c.220 §6]
Note: 291.040 (State financial report) and 291.042 (Copyright, patent or other use of state data processing programs, information or materials) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.040 — State financial report, https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html.

Attorney General Opinions

Reporting standards and requirements, (1977) Vol 38, p 1368

291.001
Use of accounting terms 291.002
Definitions 291.003
Federal laws and rules govern use of federal funds 291.011
Blanket fidelity bonds for state officers and personnel 291.015
Fiscal responsibilities of department 291.016
Making administrative and organizational surveys 291.018
Conducting research 291.026
Examining agency records and financial affairs 291.028
Submitting suggestions to Governor for improvement of state governmental administration 291.030
“Agency” defined for ORS 291.032 and 291.034 291.032
Providing technical services involving management and organization 291.034
Providing technical services involving data processing 291.040
State financial report 291.042
Copyright, patent or other use of state data processing programs, information or materials 291.044
State agency quarterly report of employee pay-line exceptions 291.045
Definitions for ORS 291.045 and 291.047 291.047
Public contract approval by Attorney General 291.049
Ratification of public contract when performance begun prior to contract approval 291.050
Definitions for ORS 291.050 to 291.060 291.055
State agency fee approval 291.060
Report of fees to Legislative Assembly 291.100
Financial management 291.110
Achieving performance outcomes 291.120
Distribution of agency savings 291.190
Short title 291.195
Policy for financial expenditure planning 291.200
Budget policy 291.201
“Tax expenditure” defined for ORS 291.201 to 291.222 291.202
Budget and tax expenditure report of Governor 291.203
Tax expenditure report by Governor 291.204
Instructions to agencies for submitting budget information 291.206
Guidance of agencies in completing agency request budgets 291.208
Filing agency request budgets with department 291.210
Preparing tentative budget 291.214
Governor to prepare recommendations regarding certain tax expenditures 291.215
Governor’s budget to include amount for deferred maintenance and capital improvements 291.216
Governor’s budget 291.217
Outcomes-based budget 291.218
Printing Governor’s budget and tax expenditure report 291.220
Furnishing information and assistance to legislature 291.222
Furnishing information and assistance to Governor-elect 291.223
Furnishing budget estimates to Legislative Fiscal Officer and Legislative Revenue Officer 291.224
Inclusion of capital construction program in Governor’s budget 291.227
Maximum supervisory ratios of certain state agencies 291.232
Declaration of policy 291.234
Department to make allotments to state officers and agencies of appropriations and funds 291.236
Application of allotment system 291.238
Expenditures without allotment prohibited 291.242
Allotment required before expenditure of appropriation 291.244
Department action on estimates 291.246
Allotments to be made for purpose or classification of expenditure prescribed in appropriation measure 291.248
Notice of allotment 291.250
Claims and encumbrances limited by amount and purpose of allotment 291.252
Modification of allotment previously made 291.258
Approval of department required for establishment of new personnel position or classification 291.260
Approving, modifying or disapproving requests and budgets to be submitted to the federal government 291.261
Reducing allotment to prevent deficit 291.263
Vacant positions 291.272
Definitions for ORS 291.272 to 291.278 291.274
Determination of funds and appropriations to be assessed 291.276
Department allocation of governmental service expenses among state agencies 291.278
Transfer of allocated amounts 291.285
Payment of accounting charges from Economic Development Fund 291.290
Cash account of state agency for receipts from Economic Development Fund 291.307
Appropriation from General Fund to constitute a credit only 291.322
Definitions for ORS 291.322 to 291.334 291.324
Emergency Board created 291.326
Powers of board concerning expenditures by state agencies 291.328
Board may require presentation of evidence to support requests for action 291.330
Members of board 291.332
Meetings of board 291.334
Assistance of Legislative Fiscal Office to board 291.342
Annual estimation of state revenues 291.345
Appropriation of certain excess corporate income and excise tax revenues to State School Fund 291.348
Biennial estimate of General Fund and State Lottery Fund revenues 291.349
Revenue estimate 291.351
Certification of costs 291.357
Limitation on rate of growth of appropriations for general governmental purposes 291.371
Salary plan review by legislative review agency 291.373
Reporting of substantive program changes 291.375
Legislative review of applications for federal financial assistance 291.377
Report to legislative review agency of state position reclassifications 291.405
Assessment of state agencies for mass transit purposes 291.407
Mass Transit Assistance Account 291.445
Certificate of state agency that issues general obligation bonds 291.730
Cryptocurrency payments 291.990
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 291.040’s source at oregon​.gov