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Item 3: FY14 Proposed Budget
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Item 3: FY14 Proposed Budget
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6/21/2013 2:17:30 PM
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Agenda Item Summary
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6/24/2013
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Attachment E <br />RESOLUTION NO. _____ <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, 2013, AND ENDING JUNE 30, 2014 <br /> The City Council of the City of Eugene finds that Adopting the Budget and <br />Making 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 <br />commencing July 1, 2013 and ending June 30, 2014, as set forth in attached Exhibit <br />"A" is hereby Adopted. <br /> <br />Section 2. That the City Council of the City of Eugene, Oregon makes <br />Appropriations for the purposes as set forth in attached Exhibit "A". <br /> <br />Section 3. That a total levy in the amount of $7.0058 per $1,000 of Assessed <br />Value be made against all taxable property within the City of Eugene in general and <br />a Bonded Debt Levy of $14,119,151 for the purpose of deriving funds necessary to <br />carry on the different programs and to meet the expenses of the government of the <br />City of Eugene for the fiscal year beginning July 1, 2013, and ending June 30, 2014; <br />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 <br />limits of section 11b, Article XI of the Oregon Constitution constitute the above levy: <br /> <br /> Subject to the General Excluded from <br />Government Limitation the Limitation <br />General Fund $7.0058 per $1,000 of <br />Assessed Value $0 <br />Bonded Debt Fund $0 $14,119,151 <br />Section 5. That the Finance Director of the City of Eugene is hereby requested <br />to certify the levies as herein made and set forth to the County Assessor of Lane <br />County, Oregon, and shall file with the Lane County Assessor and the Lane County <br />County Clerk a copy of the adopted budget for fiscal year 2013/2014, and such <br />other documents as required by ORS 294.458. <br /> <br /> <br />
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