ORS 357.271
Sinking funds for acquisition of facilities

  • limitation on use of funds
The board, by resolution duly adopted, may establish sinking funds for the purpose of defraying the costs of acquiring land for library sites, and for acquiring or constructing buildings or facilities. A sinking fund may be created through the inclusion annually within the tax budget of the district of items representing the yearly installments to be credited to the fund. The amount of these items shall be collected and credited to the proper fund in the same manner in which taxes levied or revenues derived for other purposes for the district are collected and credited. The balances to the credit of the funds need not be taken into consideration or deducted from budget estimates by the levying authority in preparing the annual budget of the district. None of the moneys in sinking funds shall be diverted or transferred to other funds, but if unexpended balances remain after disbursement of the funds for the purpose for which they were created, such balances, upon approval by resolution of the board, shall be transferred to the operation and maintenance fund of the district. [1981 c.226 §12]

Source: Section 357.271 — Sinking funds for acquisition of facilities; limitation on use of funds, https://www.­oregonlegislature.­gov/bills_laws/ors/ors357.­html.

357.001
Legislative findings 357.002
Policy 357.004
Definitions for ORS 357.001 to 357.200 357.006
State Archives, databases, libraries and other services or resources to which ORS 357.001 to 357.200 do not apply 357.007
Location of State Library 357.008
State Library duties 357.018
State Library networks 357.021
State Library Board 357.023
Chairperson 357.026
Board duties 357.028
Rules governing State Library resources 357.029
Certification of state agency library or library service separately maintained from State Library 357.031
Authority of State Library Board 357.035
Board as agency to apply for federal or private funds 357.040
Authority of board over real and personal property 357.046
Appointment of State Librarian 357.050
Roles of State Librarian 357.071
Duties of State Librarian 357.090
Issuing agency to make public documents available for distribution 357.095
Designation of depository libraries 357.100
State Library responsible for receipt of and access to government publications 357.105
Free access to certain public documents 357.115
Subscriptions for reference-related databases 357.195
State Library Donation Fund 357.200
Miscellaneous Receipts Account 357.203
Assessment against state agencies for operating costs of State Library and State of Oregon Law Library 357.206
Financial assistance to public, school, tribal and academic libraries 357.209
Rules 357.212
Application 357.216
Definitions for ORS 357.216 to 357.286 357.221
District formation 357.223
Multicounty district formation 357.226
District board members 357.231
Number of board members 357.233
Election laws applicable 357.236
Election of board members 357.241
Method of electing board members 357.246
Change in method of electing board members 357.251
Zone boundaries 357.253
Boundary change to be filed with county assessor and Department of Revenue 357.256
Board as district governing body 357.261
District powers 357.266
Financing district activities 357.271
Sinking funds for acquisition of facilities 357.276
Deposit and disbursement of district funds 357.281
Legal assistance 357.286
Retirement system for employees 357.330
Definitions for ORS 357.330 to 357.370 357.340
Interstate Library Compact 357.350
Library compact administrator 357.360
Compliance with laws on taxes and bonds required 357.370
Duty of compact administrator upon withdrawal from compact 357.400
Definitions for ORS 357.400 to 357.621 357.405
Minimum conditions for public libraries 357.410
Authority of local government units for public libraries 357.417
Methods of establishing public library by local government unit 357.430
Methods of financing public library by local government unit 357.435
Local government required to file plan with State Library 357.460
Financial interest of public library board and appointive body 357.465
Public library board 357.470
Board organization 357.490
Library board general powers 357.520
Annual report 357.525
Election to authorize local option tax 357.610
Conformity to ORS 357.400 to 357.621 by libraries organized prior to enactment of those statutes 357.621
Public hearings required prior to abolishing or withdrawing support from public library 357.740
State grants to local units of government 357.750
Applications for grants 357.760
State Library Board to administer ORS 357.740 to 357.780 357.780
Grants for public library services to children 357.805
Definitions for ORS 357.805 to 357.895 357.815
State Archivist 357.825
Acquisition and custody of public records 357.835
Transfer of public records to State Archivist 357.845
Seal of State Archivist 357.855
Advice and assistance on public record problems 357.865
Filing copy of public record with State Archivist 357.875
Access to public records 357.885
Fees of State Archivist 357.895
Rules 357.900
State Reference Coordinating Council 357.925
Poet Laureate office 357.975
Willful detention of library property 357.990
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 357.271’s source at oregon​.gov