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<br /> <br /> <br />2.Direct staff to develop an option to identify $4.7 million in ongoing General Fund services that <br />would be reduced or eliminated in order to accommodate funding of library services within the <br />General Fund by FY08. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />The City Manager recommends Option 1. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to direct the City Manager to prepare a measure for the November 7, 2006, general election ballot <br />to fund library services with a tax rate of $0.41 per $1000 of assessed value, and bring the proposed <br />ballot measure to the council for consideration on the Consent Calendar for May 8. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.Six-year financial forecast of the Library Levy Fund 111 at current service levels, with Library Levy <br />renewal and with a shift of $700,000 in services to the General Fund. <br /> <br />B.Six-Year General Fund Forecast, with the General Fund assuming all Library services. <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Connie Bennett <br />Telephone: 682-5363 <br />Staff E-Mail: Connie.J.Bennett@ci.eugene.or.us <br /> <br /> <br /> <br /> <br /> <br /> <br /> L:\CMO\2006 Council Agendas\M060412\S060412A.doc <br />