(1) There is established an Educational Facilities Fund, separate and distinct from the General Fund. All tuition and fees collected under ORS 346.017 and all expenses incurred in the administration of ORS 346.017 shall be deposited to and borne by the fund. Interest earned by the fund shall be credited to the fund.
(2) The moneys in the fund are appropriated continuously to the Department of Education for purposes of the schools operated under ORS 346.010. [1997 c.93 §2; 2007 c.858 §75]
Section: Previous 346.002 346.003 346.004 346.005 346.010 346.015 346.017 346.019 346.020 346.030 346.035 346.040 346.041 346.042 346.045 NextLast modified: August 7, 2008