ORS 294.321 Purposes

The purposes of ORS 294.305 to 294.565 are:

To establish standard procedures for the preparation, presentation, administration and appraisal of budgets of municipal corporations;

To provide for a brief description of the programs of a municipal corporation and the fiscal policy which is to accomplish these programs;

To provide for estimation of revenues, expenditures and proposed taxes;

To provide specific methods for obtaining public views in the preparation of fiscal policy;

To provide for the control of revenues and expenditures for the promotion of efficiency and economy in the expenditure of public funds; and

To enable the public, taxpayers and investors to be apprised of the financial policies and administration of the municipal corporation in which they are interested.