Item 3: FY10 Proposed Budget for City of Eugene

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any fund. If a larger expenditure increase is desired, republishing the budget summary in the local newspaper and conducting a second public hearing is required. The City Council may reduce revenues, move allocations within a fund and may decrease expenditures; however all actions must result in a balanced budget, where revenues equal expenditures, for each fund. Any increase to property taxes above the rate or amount approved by the budget committee requires republishing the budget summary and conducting a second public hearing. If members of the council wish to amend the budget resolutions, the motion must contain the specific appropriation line(s) being altered in the resolution and each motion must be self-balancing, meaning that a resource and a requirement must exactly offset each other. CITY MANAGER’S RECOMMENDATION The City Manager recommends passage of the two state revenue sharing resolutions and the resolution adopting the Budget Committee’s recommended budget for the City of Eugene with the following amendment: ? Reduce the operating appropriation for Public Works in the Road Fund (131) by $900,000 to $9,157,594. SUGGESTED MOTIONS Move to approve the attached resolution electing to receive state revenue sharing funds pursuant to Section 221.770 of Oregon Revised Statutes. Move to approve the attached resolution certifying that the City of Eugene provides the municipal services required by Oregon Revised Statues Section 221.760. Move to approve the attached resolution adopting the budget, making appropriations, determining, levying and categorizing the annual ad valorem property tax levy for the City of Eugene for the fiscal year beginning July 1, 2009, and ending June 30, 2010, with the following amendment: ? Reduce the operating appropriation for Public Works in the Road Fund (131) by $900,000 to $9,157,594. ATTACHMENTS A. Summary of Budget Committee Changes to the Executive Budget Recommendation B. Budget Committee Motions to Amend the FY10 Proposed Budget C. Resolution Electing to Receive State Revenue Sharing D. Resolution Certifying Municipal Services Provided E. Resolution Adopting the FY10 City of Eugene Budget FOR MORE INFORMATION Staff Contact: Kitty Murdoch Telephone: 682-5860 Staff E-Mail: kitty.m.murdoch@ci.eugene.or.us Z:\CMO\2009 Council Agendas\M090622\S0906223.doc