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How to Budget and Bill OWEB for Employee Actual - State of Oregon

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The document provides guidelines for budgeting and billing actual payroll costs to OWEB for project management and in-house personnel. It outlines the components of direct payroll costs, such as gross wages and benefits, while excluding indirect costs. Detailed billing instructions are given, including requirements for documentation on grantee letterhead or QuickBooks sheets. The document also emphasizes the need for fiscal review of unusually high payroll rates and includes an example calculation for determining actual payroll costs.

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What is Oregon budget law?

About Local Budget Law Most local governments in Oregon must prepare and adopt an annual or biennial budget. Schools, counties, cities, rural fire protections districts, and most special districts are subject to budget law.

What is the budget process in Oregon?

The State of Oregon budgets on a biennial basis. The two-year budget period begins on July 1st of odd-numbered years and concludes on June 30th of the next odd-numbered year. Individual state agency budgets are developed and presented by the executive branch and passed into law by the legislative branch.

What is Oregons annual budget?

The Oregon Legislature finalized a 2021-23 budget comprised of planned expenditures of $25.447 billion General Fund, $1.363 billion Lottery Funds, $48.568 billion Other Funds, and $37.411 billion Federal Funds.

What is a quorum in Oregon budget law?

A budget committee must have a quorum, or majority of the total membership of the committee, present in order to hold a meeting. To take any action requires the affirmative vote of a majority of the total budget committee membership. Majority is defined as one more than half unless otherwise specified by law.

What is the supplemental budget law in Oregon?

A supplemental budget may only authorize additional expenditures during the current fiscal year or budget period. It must not authorize expenditures for a past or future fiscal year or budget period.

What is the budget law contingency in Oregon?

Contingency transfers of up to 15% of total fund appropriations Creates a new appropriation category or fund. Changes overall appropriation authority (i.e. changes the overall footprint of the budget). May or may not require a hearing.