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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) Not later than July 31 in each calendar year, the sum of $500,000 shall be withdrawn from the appropriation specified in ORS 366.762, and the sum of $250,000 shall be withdrawn from moneys available to the Department of Transportation from the State Highway Fund. The sums withdrawn shall be set up in a separate account to be administered by the Department of Transportation.
(2) Not later than July 31 in each calendar year, the sum of $750,000 shall be withdrawn from the separate account described in subsection (1) of this section and distributed to counties that had a county road base funding deficit in the prior fiscal year. A county's share of the $750,000 shall be based on the ratio of the amount of the county's road base funding deficit to the total amount of county road base funding deficits of all counties.
(3) Moneys allocated as provided in this section may be used only for maintenance, repair and improvement of existing roads.
(4) As used in this section:
(a) “Arterial highway” has the meaning given that term in ORS 801.127.
(b) “Collector highway” has the meaning given that term in ORS 801.197.
(c) “County road base funding deficit” means the amount of a county's minimum county road base funding minus the amount of that county's dedicated county road funding. A county has a county road base funding deficit only if the amount of the dedicated county road funding is less than the amount of the minimum county road base funding.
(d) “Dedicated county road funding” for a county means:
(A) Moneys received from federal forest reserves and apportioned to the county road fund in accordance with ORS 294.060;
(B) State Highway Fund moneys distributed to the county, other than moneys distributed under this section and not including moneys allocated under section 15, chapter 911, Oregon Laws 2007; and
(C) Federal Highway Administration revenues allocated by formula to the county annually under the federal-aid highway program authorized by 23 U.S.C. chapter 1. These moneys do not include federal funds received by the county through a competitive grant process.
(e) “Minimum county road base funding” means $4,500 per mile of county roads that are arterial and collector highways beginning on July 1, 2008, and thereafter means $4,500 per mile of county roads that are arterial and collector highways as adjusted annually on the basis of the Portland-Salem, OR-WA, Consumer Price Index for All Urban Consumers for All Items, as published by the Bureau of Labor Statistics of the United States Department of Labor.
Cite this article: FindLaw.com - Oregon Revised Statutes Highways, Roads, Bridges and Ferries § 366.772 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-31-highways-roads-bridges-and-ferries/or-rev-st-sect-366-772/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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