06/12/1989 Meeting (2) - Laserfiche WebLink

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e IV. PUBLIC HEARING: CITY OF EUGENE FY90 ANNUAL BUDGET City Manager Mike Gleason introduced the topic. Warren Wong, Finance Director, explained that this item was the appropriation act establishing the expenditure limitations for all City departments and funds and levying a property tax. Mr. Wong outlined adjustments made to the Budget Committee FY90 Budget Recommendation, which included: 1) carryforward appropriations for purchase orders outstanding on June 30; 2) carryforward for capital projects approved this year and not scheduled for completion until after June 30; 3) additional property tax revenue resulting from annexations approved by the boundary commission as of June 30, 1989; 4) receipt of delinquent property taxes associated with prior year's Library serial levies; 5) increased parking revenue and service enhancement through the acquisition of automated hand-held devices for the Parking Control Officers; 6) repayment of an interfund loan for a computerized ticketing system for the Hult Center (authorized in FY89 Supplemental Budget #4); and 7) carryforward of the funds approved for the World Veteran's Games that will not be spent in FY89. Mr. Wong said the property tax levy will be approximately $33.4 million, of which $2.9 million is for General Obligation Bond debt service. Councilors agreed to hold a single public hearing to receive testimony on items IV. and V. e Mayor Miller opened the public hearing. Jennifer King, 2565 Agate Street, represented the Cultural Affairs Commission. Ms. King expressed disappointment that the Budget Committee did not support the commission's recommendation regarding the distribution of Transient Room Tax funds and she asked to resubmit a proposal requesting $40,000 from the Hult Center equipment reserve fund, with $25,000 of that amount dedicated to the Cultural Funding Program which supports groups and artists that receive no additional City funding. The remaining $15,000 was to fund performing arts groups that perform in the Hult Center. She clarified that the Hult Endowment Fund's grants are made annually on a project-request basis and those funds are exclusive of Room Tax funding. Ms. King said the recommendation was the product of a task force that worked closely with City staff to review the Room Tax funding. She reported that these performing arts groups have an economic impact in excess of $8 million annually and that over 120,000 people attend their events. Ms. King indicated that the City's support enables the groups to obtain grant funding and withdrawal of that support will jeopardize that ability. Finally, Ms. King said the Cultural Affairs Commission intends to work over the summer to develop a funding recommendation for FY91 to be submitted to the council. She proposed a joint meeting in late fall to enhance cooperation between the commission and council during the next year. e MINUTES--Eugene City Council June 12, 1989 Page 3