Oregon Administrative Rules
Chapter 589 - HIGHER EDUCATION COORDINATING COMMISSION, OFFICE OF COMMUNITY COLLEGES AND WORKFORCE DEVELOPMENT
Division 2 - COMMUNITY COLLEGE FUNDING
Section 589-002-0300 - Advanced Payment to Newly Created Community College District or Service District

Universal Citation: OR Admin Rules 589-002-0300
Current through Register Vol. 63, No. 9, September 1, 2024

A newly created community college district, or community college service district, shall be assigned by the Commission a base allocation level for its initial year of operation, based on the projected budget requirements as set in the feasibility study approved by the Commission. Payments to the new district for its initial year shall be based on the assigned base allocation. From operating funds available to the new district, the Director may advance reasonable sums for organizational expenses. Such an advance may be made only after the new district has formally adopted a budget. An advance will not serve to increase eligibility for state operating funds; it is a partial payment of the sum due the new district from its assigned base allocation in its initial year of operation.

Stat. Auth.: ORS 326.051 & 341.626

Stats. Implemented: ORS 341.626

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