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<br />EXHIBIT C <br />FY02 INTERFUND LOANS <br />INCLUDED IN THE BUDGET COMMITTEE'S FY02 BUDGET RECOMMENDATION <br /> <br />In compliance with ORS 294.460 and the City of Eugene Financial Management Goals and <br />Policies, the FY02 Budget Recommendation authorizes the following new interfund loans: <br /> <br />OPERATING INTERFUND LOANS: <br /> <br />1. Loan of $400,000 from the General Fund (Cultural Services Subfund) to the <br />Youth Programs Local Option Levy Fund for operation costs prior to receipt of <br />newly levied taxes. <br />2. Loan of $300,000 from the Facilities and Fleet Services Fund (Fleet Services <br />Subfund) to the Library Local Option Levy Fund for operation costs prior to <br />receipt of taxes. <br /> <br />CAPITAL LOAN: <br /> <br />1. Loan of $310,748 from the Facilities and Fleet Services Fund (Fleet Services <br />Subfund) for costs incurred on the AMTRAK train station project. Repayment in <br />full will be budgeted to occur in FY03, and will include interest at an annual rate <br />equal to the portfolio rate of the City during the period of the loan. <br />