Form Lb-1 Sample - Notice Of Budget Hearing
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4The Publication Forms
Notice of budget committee meeting
cannot be more than 30 days prior to the meeting
date, and the second publication cannot be less than
Local Budget Law says that budget committees must
5 days prior to the meeting date. If notice is made
hold one or more meetings for the purpose of (1)
by mailing or by hand delivery, only one notice is
receiving the budget message and the budget docu-
required and it must be mailed by U. S. Postal Ser-
ment and, (2) providing members of the public with
vice or hand delivered not later than 10 days prior
an opportunity to ask questions about and comment
to the meeting date.
on the budget document. Prior notice is required
Two forms are provided in this booklet for this no-
when the budget committee is performing these two
tice. The “A” form is to be used when the budget
functions. If more than one meeting is being used
committee will receive the budget message and take
to meet these two requirements, then the first no-
public comment at the same meeting. The “B” form
ticed meeting must be to receive the budget and
is to be used when public comment will be taken
budget message. The public may be heard at that
only at a meeting held after the meeting where the
meeting. If the public will not be provided the op-
budget message is delivered. If you use this form, you
portunity to comment at that first meeting, then the
need to publish the date, time, and location of the
budget committee must provide such an opportu-
meeting at which the budget message will be deliv-
nity at one or more subsequent meetings.
ered, and also the date, time, and location of the first
Prior published notice is required for all meetings
meeting at which public comment will be taken.
used to meet the two requirements stated above. If
more than one meeting is used to meet the require-
Notice of budget hearing
ments, the notice may be a single notice containing
Every taxing district must publish information about
all of the required information. If several meetings
its approved budget. The publication forms (Forms
are being held to take public questions and com-
LB-1, LB-2, LB-3, and LB-4) may be used for this
ments, only the first of the series must be published,
purpose. The publication forms provide interested
but notice of each must meet the requirements of
persons with important information about the bud-
ORS 294.406—be given in the same time frame as
get. Some districts may use a narrative publication
meetings of the governing body of the municipal
in lieu of using these forms. See the Local Budget-
corporation and in the same manner, or in one of
ing Manual, and ORS 294.418 for details about the
the publication formats described in Local Budget
narrative publication alternative.
Law [ORS 294.311 (32): printing in newspaper, mail-
ing, or hand delivery].
Note: If your budget has only one fund, you need
only publish the LB-1 form.
Notice of the meeting(s) to meet the two budget
committee requirements must state:
Form LB-1, Notice of Budget Hearing and Finan-
cial Summary, contains three items:
• The purpose, time and place of the meeting(s) and
where the budget document is available.
1. Legal notice of the time and place of the bud-
• That the meeting is a public meeting.
get hearing.
• If the meeting is one at which public comment
2. A financial summary of the current year’s and
will be invited, that any person may ask questions
next year’s budget.
about and comment on the budget document at
3. A statement of indebtedness.
that time.
Form LB-1 totals amounts from the funds presented
The Notice of Budget Committee Meeting form in-
on the LB-2 and LB-3 forms.
cluded in this packet may be used to provide no-
tice of the budget committee meeting. The district
The LB-2 and LB-3 forms summarize each fund in
may wish to compose its own notice. This is accept-
the budget as approved by the budget committee.
able as long as all of the required elements are in-
The “Name of Fund” section should be completed
cluded in the notice.
on both the LB-2 and LB-3 forms where any fund
amounts are listed.
If the notice is published in a newspaper, the
notice must be published at least twice, sepa-
Form LB-2 summarizes from the budget detail
sheets of funds which are not levying a property tax.
rated by at least five days. The first publication
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