Ordinance No. 20081 - Laserfiche WebLink

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NOTICE QF CITY ELECTION CITY OF EUGENE NOTICE is hereby given that a City election will be held in the City of Eugene, Oregon, on Tuesday, the ~Oth day of May,1997, to be conducted by the Lane County Election Department in accordance with the provisions of ORS Chapter X54 of Oregon Revised Statutes. This election is called for the purpose of voting on the following Measure of the City of Eugene: Measure No.~~ TITLE: THREE-YEAR SERIAL LEVY TO PARTIALLY RESTORE MEASURE 47 LOSSES QUESTION: Shall Eugene levy $10,900,000 for 3 years outside tax base and Article ~I, section 11 g, far operations, starting 1997-95? SUMMARY: Prior to Measure 47's passage, Eugene had authority to levy $45,500,000 in property taxes for fiscal year beginning July 1,1997 ~FY9S}. The State estimates that Measure 47 causes Eugene to lose approximately $10,000,000 in FY9S. For FY99 and FY2000, estimated loss grows to $1 x,000,000 and $14,000,000, for total loss over three years of $36,000,000. Voter approval of this $32,700,000 levy will partially restore the $36,000,000 in taxes lost from Measure 47. During April and May, the Council will complete its revenue reduction strategies which will identify what services will not be funded if the levy fails, and how the Council will address the smaller reduction which will occur even if the levy passes. The actual loss due to Measure 47 is uncertain. If the loss is less than current estimates, the Council will not levy more than is necessary to replace the loss for the next 3 years. If Measure 47 is voided, the Council will not levy any portion. This levy is subject to the other governmental purposes limits of section 1 lb, Article XI of the Oregon Constitution, but is not subject to the limits of Article xI, section 11 g. The voting places and Clerks of the election will be those fixed by Lane County, Oregon. V~ARREN G. wONG CITY REORDER Notice -Exhibit 2