2011 Oregon Revised Statutes
ORS Volume 9, Chapters 326 - 365
ORS Chapter 334
334.177 Expenditure of percentage of amounts received on services.
(1) As used in this section, local revenues of an education service district has the meaning given that term in ORS 327.019 but does not include any local revenues distributed under ORS 327.019 (8).
(2) An education service district board shall expend at least 90 percent of all amounts received from the State School Fund and at least 90 percent of all amounts considered to be local revenues of an education service district on services or programs that have been approved by the component school districts of the education service district through the resolution process described in ORS 334.175.
(3) An education service district board shall expend 100 percent of all amounts received from the School Improvement Fund on services or programs that have been approved by the component school districts of the education service district through the resolution process described in ORS 334.175.
(4) The expenditure requirements of this section apply only to amounts retained by the education service district after making any distributions required under ORS 327.019 (9). [2001 c.695 27; 2001 c.695 29; 2007 c.578 4; 2009 c.705 1; 2011 c.705 11]
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