Or. Admin. Code § 166-200-0225

Current through Register Vol. 64, No. 1, January 1, 2025

Section 166-200-0225 - Accounting-Reconciliation

Accounting - documents the financial transactions of the city to ensure the integrity, accuracy and control of city funds. Reconciliation - documents the settlement, bankruptcy and lien actions for the city.

(1) Assessment Deferral Records - Minimum retention: 3 years after final payment.

(2) Bankruptcy Notices* Records - Minimum retention: 3 years from discharge of debt.

(3) Lien Records - Minimum retention: 3 years after lien paid in full.

(4) Lien Search Records - Minimum retention: 2 years after date of search.

(5) Utility Service Records - Minimum retention: 3 years.

Or. Admin. Code § 166-200-0225

OSA 2-2014, f. & cert. ef. 8-7-14; OSA 6-2018, minor correction filed 11/28/2018, effective 11/28/2018

Statutory/Other Authority: ORS 192 & 357

Statutes/Other Implemented: ORS 192.005 - 192.170 & 357.805 - 357.895