Laserfiche WebLink
<br />RESOLUTION NO. 4761 <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, 2003, AND ENDING JUNE 30, 2004 <br /> <br />The City Council of the City of Eugene finds that Adopting the Budget and Making <br />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 commencing July <br />1,2003 and ending June 30, 2004, as set forth in attached Exhibit "A" is hereby Adopted. <br /> <br />Section 2. That the City Council of the City of Eugene, Oregon makes Appropriations for <br />the purposes as set forth in attached Exhibit "A" and authorizes the interfund loans described in <br />Exhibit "C". <br /> <br />Section 3. That a total levy in the amount of$7.0058 per $1,000 of Assessed Value be <br />made against all taxable property within the City of Eugene in general and a total levy in the <br />amount of $0.86 per $1,000 of Assessed Value be made against all taxable property within the <br />City of Eugene for youth and school service local option levy as of 12:01 am July 1, 2003, <br />together with a library local option levy of$4,900,000 and a bonded debt levy of$3,750,062, for <br />the purpose of deriving funds necessary to carry on the different programs and to meet the <br />expenses of the government of the City of Eugene for the fiscal year beginning July 1, 2003, and <br />ending June 30, 2004; and to create and provide sinking funds and interest funds for the various <br />outstanding bonds and obligations of the City. <br /> <br />Section 4. That the following allocation and categorization subject to the limits of section <br />11 b, Article XI of the Oregon Constitution constitute the above levy: <br /> <br />Subject to the <br />General Government <br />Limitation <br /> <br />Excluded from <br />the Limitation <br /> <br />General Fund <br /> <br />$7.0058 per $1,000 of <br />Assessed Value <br />$4,900,000 <br /> <br />$ 0 <br /> <br />Library Local Option Levy <br />Youth & School Services <br />Local Option Levy <br /> <br />$ 0 <br /> <br />Bonded Debt Fund <br /> <br />$0.86 per $1,000 of <br />Assessed Value <br />$ 0 <br /> <br />$ 0 <br /> <br />$3,750,062 <br /> <br />1 <br />