(1) The Department of Revenue may correct any errors it discovers in any report certified under ORS 311.175 to 311.181. Any corrections certified to the State Board of Education before May 1 of any year shall be reflected in the formula used by the board to distribute funds to school districts for that year.
(2) The reports required under ORS 311.175 to 311.181 shall be certified to the State Board of Education on or before December 15 of each year.
(3) The department shall present the reports or corrections prepared or certified by the department under ORS 311.175 to 311.181 to the Joint Interim Committee on Revenue and School Finance, if the Legislative Assembly is not in session, or if the Legislative Assembly is in session, to the Senate Revenue Committee and to the House Revenue Committee. [1991 c.459 §229f]
Note: See note under 311.175.Section: Previous 311.150 311.160 311.165 311.175 311.177 311.179 311.181 311.183 311.205 311.206 311.207 311.208 311.209 311.210 311.211 Next
Last modified: August 7, 2008