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<br />RESOLUTION NO. 'ir~ <br /> <br />A RESOLUTION ADOPTING THE BUDGET, MAKING APPROPRIATIONS, <br />DETERMINING, LEVYING AND CATEGORIZING <br />THE ANNUAL AD VALOREM PROPERTY TAX LEVY <br />FOR THE CITY OF EUGENE FOR THE FISCAL YEAR <br />BEGINNING JULY 1, 1997, AND ENDING JUNE 30, 1998 <br />The City Council of the City of Eugene finds that Adopting the Budget <br />and Making Appropriations is necessary under ORS 294.305 to 294.565. <br /> <br />NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, A Municipal <br />Corporation of the State of Oregon, as follows: <br /> <br />Section 1. That the budget for the City of Eugene, Oregon, for the year <br />commencing July 1, 1997 and ending June 30, 1998, as set forth in attached <br />Exhibit "A" is hereby Adopted. <br /> <br />Section 2. That the City Council of the City of Eugene, Oregon <br />makes Appropriations for the purposes as set forth in attached Exhibit "A". <br /> <br />Section 3. That a total levy in the aggregate amount of $52,336,145 be <br />made against all taxable property within the City of Eugene in general as of <br />12: 01 am July 1, 1997, for the purpose of d.eri vi ng funds necessary to carryon <br />the different programs and to meet the expenses of the government of the City <br />of Eugene for the fiscal year beginning July 1, 1997, and ending June 30, <br />1998; and to create and provide sinking funds and interest funds for the <br />various outstanding bonds and obligations of the City. <br /> <br />Section 4. That the following allocation and categorization subject to <br />the limits of section lIb, Article XI of the Oregon Constitution constitute <br />the above aggregate levy: <br /> <br />Subject to the <br />General Government <br />Limitation <br /> <br />Excluded from <br />the Limitation <br /> <br />General Fund <br />Bonded Debt Fund <br /> <br />$48,735,957 <br />12 <br /> <br />$ 0 <br />3.600.188 <br /> <br />1 <br />