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<br />property taxes, such as the policy on diversification of the General Fund revenue base, the level <br />of unappropriated ending fund balance, and the use of G. O. bonds to finance capital <br />improvements. In addition, there is a policy on serial tax levies that states that, to the maximum <br />extent possible, serial tax levies will be used only for time-limited operating services or for <br />capital improvements subject to the rate limitation for non-school governments. <br /> <br />COUNCIL OPTIONS <br />1. The council may provide direction to approve the tentative election schedule as presented. <br />2. The council may provide direction to staff on modifying the tentative election schedule with <br />alternate direction on pursuit of renewal of the school-based services local option levy. <br /> <br />CITY MANAGER'S RECOMMENDATION <br />The City Manager recommends approval of the tentative election schedule. <br /> <br />SUGGESTED MOTION <br />Move to approve the tentative election schedule. <br /> <br />ATTACHMENTS <br />A. Summary of the Multi-Year Financial Plan <br />B. Summary of Revenue Measures Election Results - 1990 to Present <br />C. Tentative Election Schedule <br /> <br />FOR MORE INFORMATION <br />Staff Contact: Jim Carlson, Assistant City Manager <br />Telephone: 682-5524 <br />Staff E-Mail: James.R.Carlson@ci.eugene.or.us <br /> <br />LICMOl200S Council AgendaslMOSll16lS0S1116A.doc <br />