Oregon Statutes - Chapter 267 - Mass Transit Districts; Transportation Districts - Section 267.265 - Use of moneys derived from withdrawal of territory from district.

The savings derived from the cessation of service under an ordinance adopted under ORS 267.257 shall be used to improve service in the remaining portions of the district. Nothing in this section shall prevent the district from exercising its normal budgetary authority to adjust service levels. [1987 c.799 §8]

Note: 267.265 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 267 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

(Finances)

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Last modified: August 7, 2008