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HomeMy WebLinkAboutItem 4: Adopt FY06 BudgetEUGENE CITY COUNCIL AGENDA ITEM SUMMARY Public Hearing and Action: Resolution 4841 Electing to Receive State Revenue Sharing Funds Pursuant to Section 221.770 of Oregon Revised Statutes; Resolution 4842 Certifying that the City of Eugene Provides the Municipal Services Required by Oregon Revised Statues Section 221.760; and Resolution 4843 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, 2005, and Ending June 30, 2006 Meeting Date: June 13, 2005 Agenda Item Number: 4 Department: Central Services Staff Contact: Kitty Murdoch www. cl. eugene, or. us Contact Telephone Number: 682-5860 ISSUE STATEMENT Oregon Local Budget Law requires the City to conduct a public hearing to hear testimony on the FY06 City of Eugene Annual Budget as recommended by the Budget Committee on May 18, 2005, and on the proposed uses of State Revenue Sharing funds. Resolutions electing to receive State Revenue Sharing in the Fiscal Year beginning July 1, 2005, and ending June 30, 2006, and certifying that the City of Eugene provides municipal services required for receipt of state-shared revenues are also required in order to continue receiving those state funds. Finally, ORS 294.434 requires the City Council to pass a resolution adopting the budget, making appropriations, determining, levying and categorizing the annual ad valorem property tax for the City of Eugene for the Fiscal Year beginning July 1, 2005, and ending June 30, 2006. BACKGROUND Council Action History The City Council has consistently met the requirement of Oregon Local Budget Law which requires that a jurisdiction adopt an annual budget by June 30 of each year. If a jurisdiction elects to receive State Revenue Sharing funds, it must hold a public hearing on the proposed uses of the funds and adopt resolutions or ordinances electing to receive the funds and certifying that the City provides qualifying municipal services. Policy Issues Annual Budget: ORS 294.435 provides that after the public hearing "has been held, the governing body shall enact the proper ordinances or resolutions to adopt the budget, to make the appropriations, to determine, make and declare the ad valorem property tax amount or rate to be certified to the assessor for either the ensuing year or each of the years of the ensuing budget period and to itemize and categorize the ad valorem property tax amount or rate as provided in ORS 310.060." L:\CMO\2005 Council Agendas\M050613\S0506134.doc State Revenue Sharing: The City's Revenue and Collection Policy 1 states, "The City will decrease the dependence on property taxes and diversify the supporting revenue base in the General Fund." Electing to receive State Revenue Sharing supports this policy. Financial and/or Resource Considerations Financial and/or resources considerations are detailed in the FY06 Proposed Budget Document and Budget Committee Motions. A summary of the Budget Committee actions is provided in Attachment A. State Revenue Sharing The FY06 estimated revenue from State Revenue Sharing is $1,023,000. The funds will be used to support General Fund services. A public hearing on possible uses of these funds was held by the Budget Committee on May 16, 2005. Budget Committee Recommendation Budget Committee review consisted of five work sessions and one public hearing. Public comment was heard at the beginning of all but the last work session. The public hearing on the budget proposal was conducted on May 16, 2005. The Budget Committee recommendation consists of the City Manager's Proposed Budget for FY06, with several amendments. The Budget Committee recommendation, approved on May 18, 2005, is as follows: Move that the Budget Committee recommend to the City Council a FY06 Budget for the City of Eugene that consists of the Manager's Proposed FY06 Budget, including the property tax levies and/or rates contained therein, amended to reflect reserves for prior year encumbrances, funding for prior year capital projects, and the following amendments (individual motions are shown on Attachment B): General Fund Operating Budget Central Services Department: · Increase funding for companion animal spay/neuter vouchers in each of the next three years using an additional 1% of City license fee revenues. (Staff note: This motion requires no change to the City of Eugene's Proposed Budget.) Eugene Fire and Emergency Medical Services Department: · Increase the department's expenditure authority by $348,000 on an ongoing basis and $326,000 on a one-time basis to staff Station #9 with firefighters beginning January 1, 2006. The resource supporting the amendment in FY06 is the transfer to the General Fund of the FY05 balance in the Airport Marketing Fund and the General Fund's Reserve for Revenue Shortfall. L:\CMO\2005 Council Agendas\M050613\S0506134.doc Library, Recreation, and Cultural Services Department: · Increase the department's expenditure authority by $125,000 to begin the Cultural Services Comprehensive Plan in FY06, using Urban Renewal Funds to the extent possible and the Facility Reserve to fund remaining costs. (Staff note: A $62,500 tramfer from the Urban Renewal Agency to the General Fund and a $62,500 tramfer from the Capital Projects Facility Reserve to the General Fund have been established in the Recommended Budget.) · Increase the department's expenditure authority by $30,000 for an ongoing contribution to the Jacob' s Gallery. The revenue offset for the first two years will come from the General Fund's Reserve for Revenue Shortfall; FY08 and beyond will be supported by the Cultural Services Sub fund following the payoff of the Hayward Field debt. · Reduce pool use fees to FY04 levels and conduct a pilot study to determine whether attendance increases. Any gap in funding should be filled by the Reserve for Revenue Shortfall. (Staff note: Staff reduced the revenue estimate for the department by $77,000 and reduced the Reserve for Revenue Shortfall by $77,000.) Planning and Development Department: · Increase the department's expenditure authority by $10,200 to increase the Neighborhood Newsletter budget for mailing newsletters to all addresses in the River Road/Santa Clara for one year. Reduce the River Road/Santa Clara Transition Manager contract supported by Special Assessment Bond Funds in the Central Services Department and move the appropriation authority to the Planning and Development Department. · Increase Neighborhood Newsletter funding by $50,000 and eliminate the Neighborhood Matching Grant program. (Staff note: No budgetary action is required to carryout the Committee's direction within the department.) Police Department: · Increase the department's expenditure authority by $35,000 in FY06 and FY07 to hire a consultant to provide ongoing oversight implementation of the PERF/ICMA recommendations. The revenue offset is a transfer from the Facilities Reserve in the General Capital Projects Fund. · Increase the department's expenditure authority by $378,000 in FY06 to add appropriate police service, including bike and foot patrol, to serve downtown, urban core neighborhoods and parks, especially Monroe, Scobert, Washington and Jefferson parks, using one-time bridge funding from the Telecommunications Registration/Licensing Fund. In FY07 and future years, the $590,000 in ongoing costs will be supported using reallocated resources from unfilled vacancies and from an increase in revenue recovery from the General Fund subsidy of land use permit fees. The proportions from each source will be determined by the L:\CMO\2005 Council Agendas\M050613\S0506134.doc City Manager. In FY06, the revenue offset to this motion is a $378,000 transfer from the Telecommunications Registration/Licensing Fund. Non-departmental Budget · Decrease the Reserve for Revenue Shortfall by $674,000 to offset department operating expenditure increases detailed above. (Staff note: On SB~ 1 in FY06, following the annual audit, the remaining resources in the Airport Marketing Fund (approximately $51,000) will be distributed to the General Fund's Reserve for Revenue Shortfall.) Other Funds (not including the Reserve for Prior Year Encumbrance in each fund) · Airport Fund: Eliminate the unspent balance in the Airport Marketing Fund at the end of FY05 and transfer the funds to the General Fund to support the restoration of firefighters at Station #9. (Staff note: Funds from the closeout of the Airport Marketing Fund (approximately $51,000) will be sent to the General Fund'; Reserve for Revenue Shortfall on SB~ i of FY06, following the completion of the annual audit.) · General and Road Capital Projects Fund: Transfer $97,500 to the General Fund from the Facilities Reserve for support of the Jacobs Gallery contribution of $35,000 and the $62,500 General Fund share of the Cultural Services Comprehensive Plan in FY06. · Telecommunications Registration/Licensing Fund: Transfer $378,000 to the General Fund for one-time bridge funding for increased police services in the downtown core and surrounding neighborhoods and parks. Timing Under the State statute, a budget must be approved prior to July 1, 2005, and a jurisdiction must elect to receive State Revenue Sharing funds and file a copy of the resolution or ordinance with the State of Oregon by July 31, 2005. Other Background Information The FY06 Proposed Budget document, Budget Committee packets, information distributed at Budget Committee meetings, and Budget Committee motions are available on the City's website. RELATED CITY POLICIES Council Goals The budget supports department work plans designed to further Council Goals. Financial Management Goals and Policies The budget was prepared following guidelines established in the Financial Management Goals and Policies. L:\CMO\2005 Council Agendas\M050613\S0506134.doc COUNCIL OPTIONS According to ORS 294.435, the City Council is limited to increasing expenditures in a fund by no more than $5,000 or 10 percent, whichever is greater, of the Budget Committee-approved total in each or any fund. If a larger expenditure increase is desired, republishing the budget 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 a motion to amend the budget resolutions is made, 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 with two changes. Subsequent to Budget Committee action, city staff met with officials from the County to discuss the animal control contract. As was discussed during the Budget Committee meetings, the cost of the existing service level was increased significantly by Lane County in FY06 to reflect the rising cost of their operations over the past several years. The contract service level in the FY06 Proposed and Recommended Budgets is decreased to match the FY05 funding level plus a two percent inflationary increase. In these discussions, Lane County staff indicated willingness to increase their budget estimate for Eugene and Lane County license revenue by $100,000 and the City Manager recommends using $133,000 from the Reserve for Revenue Shortfall in FY06 to add to the contract in the Central Services Department. The combination of these additional funding sources means Animal Control will deliver the same level of service to Eugene in FY06 that was delivered in FY05. Lane County takes action on their budget on Wednesday, June 22, 2005 at 9:00 a.m. The $133,000 is a one-time funding source that will be replaced with Eugene license revenue in future years. The second change results from the timing of Budget Committee actions on May 18, 2005. The Committee agreed to increase the newsletter budget by $10,200 for the River Road/Santa Clara neighborhoods so that all addresses in the area could receive newsletters. The funding source for the increase was the existing budget for Transition Services in the River Road/Santa Clara area. The Committee later agreed to move $50,000 from neighborhood matching grants to neighborhood newsletters. In order to achieve parity on a per address basis, this funding level increase requires an increase to the River Road/Santa Clara area newsletter budget for non-city addresses by $5,650. L:\CMO\2005 Council Agendas\M050613\S0506134.doc Staff recommends the following amendment to the Resolution Adopting the FY06 Budget: Amend Exhibit A qf the Resolution as follows: General Fund - Increase expenditure authority in the Central Services Department by $133,000 to increase the animal control contract with Lane County and decrease the Reserve for Revenue Shortfall by $133,000. - Decrease expenditure authority in the Central Services Department for River Road/Santa Clara Transition Services by $5,650 and increase expenditure in the Planning and Development Department by $5,650 to increase the newsletter budget to out-of-city residents in the River Road/Santa Clara neighborhoods. SUGGESTED MOTIONS Move to adopt Resolution 4841 electing to receive state revenue sharing funds pursuant to Section 221.770 of Oregon Revised Statutes. Move to adopt Resolution 4842 certifying that the City of Eugene provides the municipal services required by Oregon Revised Statues Section 221.760. Move to adopt Resolution 4843, amended for the City Manager's recommendations, 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, 2005 and ending June 30, 2006. ATTACHMENTS A. Summary of Budget Committee Changes to the Executive Budget Recommendation B. Budget Committee Motions to Amend the FY06 Proposed Budget C. Resolution Electing to Receive State Revenue Sharing D. Resolution Certifying Municipal Services Provided E. Resolution Adopting the FY06 City of Eugene Budget FOR MORE INFORMATION Staff Contact: Kitty Murdoch Telephone: 682-5860 Staff E-Mail: kitty.m.murdoch~ci.eugene.or.us L:\CMO\2005 Council Agendas\M050613\S0506134.doc Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET A. General Fund Central Services 21,748,429 (10,200) a,b 21,738,229 21,738,229 Fire and Emergency Medical Services 20,355,152 674,000 c 21,029,152 21,029,152 Library, Recreation & Cultural Services 17,686,369 155,000 d,e,f 17,841,369 17,841,369 Planning and Development 6,393,527 10,200 b,g 6,403,727 6,403,727 Police 35,647,347 413,000 h,i 36,060,347 36,060,347 Public Works 5,639,935 5,639,935 5,639,935 Debt Service 274,170 274,170 274,170 I nterfund Loans 62,500 62,500 62,500 I nterfund Transfers 3,737,605 3,737,605 3,737,605 Intergovernmental Expenditures 522,000 522,000 522,000 Contingency 340,000 340,000 340,000 Reserve 6,863,300 (781,000) c,e,f 1,170,585 7,252,885 7,252,885 Unappropriated Ending Fund Balance 17,585,000 17,585,000 17,585,000 Total 136,855,334 461,000 1,170,585 138,486,919 138,486,919 a Increase funding for companion animal spay/neuter vouchers in each of the next three years using an additional 1% of City license fee revenues. This motion requires no change to the City of Eugene's Proposed Budget. b Increase the Neighborhood Newsletter budget for mailing newsletters to all addresses in the River Road/Santa Clara. Reduce the River Road/Santa Clara Transition Manager contract supported by Special Assessment Bond Funds in the Central Services Department by $10,200 and move the appropriation authority to the Planning and Development Department. c Increase the Fire & EMS Department's expenditure authority by $348,000 on an ongoing basis and $326,000 on a one-time basis to staff Station #9 with fire fighters beginning January 1,2006. The resource supporting the amendment in FY06 is the transfer to the General Fund of the FY05 balance in the Airport Marketing Fund on FY06 SB1 and the General Fund's Reserve for Revenue Shortfall. d Increase the Library, Recreation and Cultural Services Department's expenditure authority by $125,000 to begin the Cultural Services Comprehensive Plan in FY06, using Urban Renewal funds to the extent possible and the Facility Reserve to fund remaining costs. A $62,500 transfer from the Urban Renewal Agency to the General Fund and a $62,500 transfer from the Capital Projects Facility Reserve to the General Fund have been established in the Recommended Budget. e. Increase the Library, Recreation, and Cultural Services Department's expenditure authority by $30,000 for an ongoing contribution to the Jacob's Gallery. The revenue offset for the first two years is the General Fund's Reserve for Revenue Shortfall; thereafter the Cultural Services Subfund. f. Reduce pool use fees to FY04 levels and conduct a pilot study to determine whether attendance increases. Any gap in funding should be filled by the Reserve for Revenue Shortfall. g. Increase Neighborhood Newsletter funding by $50,000 and eliminate the Neighborhood Matching Grant program. h. Increase the Police Department's expenditure authority by $35,000 in FY06 and FY07 to hire a consultant to provide ongoing oversight on the implementation of the PERF/ICMA recommendations. The resource is a transfer from the General Capital Projects Fund's Facilities Reserve. i. Increase Police Department expenditure authority by $378,000 to add appropriate police service, including bike and foot patrol, to serve downtown, urban core neighborhoods and parks, especially Monroe, Scobert, Washington & Jefferson, using one-time bridge funding from the Telecom Fund. Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET B. Special Assessment Manaqement Fund Central Services 228,052 228,052 228,052 Debt Service 30,000 30,000 30,000 I nterfund Transfers 71,000 71,000 71,000 Misc. Fiscal Transactions 60,000 60,000 60,000 Reserve 50,000 23,978 73,978 73,978 Balance Available 1,223,549 1,223,549 1,223,549 Total 1,662,601 - 23,978 1,686,579 1,686,579 C. Library Local Option Levy Fund Library, Recreation and Cultural Services 4,900,410 4,900,410 4,900,410 Reserve 816,484 7,413 823,897 823,897 Unappropriated Ending Fund Balance 816,700 816,700 816,700 Total 6,533,594 - 7,413 6,541,007 6,541,007 D. Partnerships for Youth Local Option Levy Fund I nterfund Transfers 281,213 281,213 281,213 Total 281,213 - 281,213 281,213 E. Youth & School Services Local Option Levy Fund Library, Recreation and Cultural Services 1,068,579 1,068,579 1,068,579 I ntergovern mental Expenditu res 7,785,129 7,785,129 7,785,129 Reserve 360,973 100,000 460,973 460,973 Total 9,214,681 - 100,000 9,314,681 9,314,681 F. Road Fund Public Works 9,029,640 9,029,640 9,029,640 I nterfund Transfers 580,000 580,000 580,000 Reserve 128,941 128,941 128,941 Balance Available 2,808,893 2,808,893 2,808,893 Total 12,418,533 - 128,941 12,547,474 12,547,474 Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET G. Public Safety Answerinq Point Fund Police 1,916,111 1,916,111 1,916,111 I nterfund Transfers 122,000 122,000 122,000 Reserve 10,943 10,943 10,943 Total 2,038,111 - 10,943 2,049,054 2,049,054 H. Transportation Utility Fund Capital Projects 3,930,000 2,447,307 6,377,307 6,377,307 Debt Service 19,000 19,000 19,000 I nterfund Loans 235,000 235,000 235,000 Balance Available 4,411 4,411 4,411 Total 4,188,411 - 2,447,307 6,635,718 6,635,718 I. Telecom Reqistration/Licensinq Central Services 2,145,047 2,145,047 2,145,047 Capital Projects 41,400 41,400 41,400 Interfund Transfers 24,000 378,000 j 402,000 402,000 Reserve 2,983,778 145,264 3,129,042 3,129,042 Total 5,152,825 378,000 145,264 41,400 5,717,489 5,717,489 j Transfer $378,000 to the General Fund for one-time bridge funding for increased police services in the downtown core and surrounding neighborhoods and parks. J. Construction Permits Fund Fire and Emergency Medical Services 217,880 217,880 217,880 Planning and Development 4,068,385 4,068,385 4,068,385 Public Works 373,067 373,067 373,067 I nterfund Transfers 452,000 452,000 452,000 Balance Available 3,049,695 3,049,695 3,049,695 Total 8,161,027 - 8,161,027 8,161,027 Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET K. Solid Waste/Recycling Fund Planning and Development 496,063 496,063 496,063 I nterfund Transfers 53,000 53,000 53,000 Reserve 21,080 21,080 21,080 Balance Available 76,553 76,553 76,553 Total 625,616 - 21,080 646,696 646,696 L. Community Development Fund Central Services 4,000 4,000 4,000 Planning and Development 4,383,008 4,383,008 4,383,008 Capital Projects 400,000 131,844 531,844 531,844 I nterfund Transfers 110,000 110,000 110,000 Miscellaneous Fiscal Transactions 3,234,284 3,234,284 3,234,284 Total 8,131,292 - 131,844 8,263,136 8,263,136 M. Library7 Parks and Rec. Special Revenue Fund Library, Recreation & Cultural Services 159,000 159,000 159,000 Capital Projects 274,099 274,099 274,099 Reserve 1,053,589 1,053,589 1,053,589 Balance Available 78,242 78,242 78,242 Total 1,290,831 - 274,099 1,564,930 1,564,930 N. General Obliqation Debt Service Fund Debt Service 4,359,896 4,359,896 4,359,896 Unappropriated Ending Fund Balance 517,833 517,833 517,833 Total 4,877,729 - 4,877,729 4,877,729 O. Library Bond Debt Service Fund Debt Service 2,353,125 2,353,125 2,353,125 Reserve 527,766 527,766 527,766 Total 2,880,891 - 2,880,891 2,880,891 Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET P. Special Assessment Bond Fund Debt Service 512,655 512,655 512,655 I nterfund Transfers 140,000 140,000 140,000 Reserve 209,617 209,617 209,617 Total 862,272 - 862,272 862,272 Q. General and Road Capital Projects Fund Central Services 3,060 3,060 3,060 Capital Projects 15,810,073 - 14,367,880 30,177,953 30,177,953 Debt Service 12,593 12,593 12,593 I nterfund Loans 348,242 348,242 348,242 Interfund Transfers 97,500 k 97,500 97,500 Reserve 25,334,020 (97,500) k 8,769 25,245,289 25,245,289 Balance Available 1,023,867 1,023,867 1,023,867 Total 42,531,855 - 8,769 14,367,880 56,908,504 56,908,504 k Transfer $97,500 to the General Fund for support of the Jacobs Gallery contribution of $35,000 and the $62,500 General Fund share of the Cultural Services Comprehensive Plan in FY06 from the Facilities Reserve. R. Systems Development Capital Projects Fund Planning and Development 107,328 107,328 107,328 Public Works 400,195 400,195 400,195 Capital Projects 7,645,000 5,270,404 12,915,404 12,915,404 Debt Service 361,420 361,420 361,420 Intergovernmental Expenditures 1,154,539 1,154,539 1,154,539 Reserve 269,304 269,304 269,304 Balance Available 1,429,343 1,429,343 1,429,343 Total 11,367,129 - 5,270,404 16,637,533 16,637,533 S. Special Assessments Capital Projects Fund Capital Projects 1,145,000 3,698,933 4,843,933 4,843,933 Debt Service 2,400,000 2,400,000 2,400,000 I nterfund Transfers 40,000 40,000 40,000 Balance Available 1,020,185 1,020,185 1,020,185 Total 4,605,185 - 3,698,933 8,304,118 8,304,118 Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET T. Municipal Airport Fund Fire and Emergency Medical Services 692,207 692,207 692,207 Police 393,529 393,529 393,529 Public Works 4,282,004 4,282,004 4,282,004 Capital Projects 1,615,000 15,253,018 16,868,018 16,868,018 Debt Service 1,112,543 1,112,543 1,112,543 I nterfund Transfers 265,000 265,000 265,000 Reserve 6,084,368 I 367,401 6,451,769 6,451,769 Balance Available 1,143,632 1,143,632 1,143,632 Total 15,588,283 - 367,401 15,253,018 31,208,702 31,208,702 I Eliminate the unspent balance in the Airport Marketing Fund at the end of FY05 (approximately $51,000) and transfer the funds to the General Fund to support the restoration of firefighters at Station #9. Funds will be transferred on SB #1 in FY06, following completion of the annual audit. U. Parkinq Services Fund Central Services 438,482 438,482 438,482 Planning and Development 2,639,692 2,639,692 2,639,692 Public Works 107,090 107,090 107,090 Capital Projects 375,000 491,259 866,259 866,259 Debt Service 641,298 641,298 641,298 I nterfund Transfers 827,100 827,100 827,100 Reserve 742,162 742,162 742,162 Balance Available 1,033,486 1,033,486 1,033,486 Total 6,804,310 - 491,259 7,295,569 7,295,569 V. Wastewater Utilities Fund Public Works 15,802,577 15,802,577 15,802,577 Capital Projects 635,000 1,761,124 2,396,124 2,396,124 Debt Service 330,571 330,571 330,571 I nterfund Loans 44,400 44,400 44,400 I nterfund Transfers 908,000 908,000 908,000 Intergovernmental Expenditures 12,258,714 12,258,714 12,258,714 Reserve 35,342 497,548 532,890 532,890 Balance Available 951,543 951,543 951,543 Total 30,966,147 - 497,548 1,761,124 33,224,819 33,224,819 Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET W. Stormwater Utilities Fund Public Works 8,524,470 8,524,470 8,524,470 Capital Projects 855,000 4,958,830 5,813,830 5,813,830 Debt Service 5,852 5,852 5,852 I nterfund Loans 73,067 73,067 73,067 I nterfund Transfers 465,000 465,000 465,000 Reserve 141,183 141,183 141,183 Balance Available 1,950,393 1,950,393 1,950,393 Total 11,873,782 - 141,183 4,958,830 16,973,795 16,973,795 X. Ambulance Transport Fund Fire and Emergency Medical Services 5,561,192 5,561,192 5,561,192 Police 139,750 139,750 139,750 I nterfund Transfers 608,352 608,352 608,352 Reserve 14,910 14,910 14,910 Balance Available 1,050,782 1,050,782 1,050,782 Total 7,360,076 - 14,910 7,374,986 7,374,986 Y. Information Systems and Services Fund Central Services 5,646,820 5,646,820 5,646,820 I nterfund Transfers 274,000 274,000 274,000 Reserve 1,149,000 73,536 1,222,536 1,222,536 Balance Available 142,672 142,672 142,672 Total 7,212,492 - 73,536 7,286,028 7,286,028 Z. Fleet Services Fund Public Works 8,399,785 8,399,785 8,399,785 Capital Projects 27,472 27,472 27,472 I nterfund Transfers 231,094 231,094 231,094 Reserve 5,209,750 642,757 5,852,507 5,852,507 Balance Available 566,327 566,327 566,327 Total 14,406,956 - 642,757 27,472 15,077,185 15,077,185 Summary of Changes to the FY06 Executive Budget Recommendation City of Eugene FY06 < ............... Budget Committee Actions ............... > FY06 Proposed Misc. Reserve for Capital Budget Comm. RECOMMENDED Fund / Department Budget Actions Encumbrances Carryover Recommend. BUDGET AA. Facilities Services Fund Central Services 6,643,574 6,643,574 6,643,574 Planning and Development 225,031 225,031 225,031 Capital Projects 140,000 204,776 344,776 344,776 Debt Service 230,339 230,339 230,339 I nterfund Loans 181,229 181,229 181,229 I nterfund Transfers 24,259,513 24,259,513 24,259,513 Rese rye 399,000 36,441 435,441 435,441 Balance Available 202,273 202,273 202,273 Total 32,280,959 - 36,441 204,776 32,522,176 32,522,176 AB. Risk and Benefits Fund Central Services 22,209,532 22,209,532 22,209,532 Debt Service 4,200,550 4,200,550 4,200,550 Interfund Loans 382,018 382,018 382,018 I nterfund Transfers 192,000 192,000 192,000 Reserve 18,942,917 40,500 18,983,417 18,983,417 Balance Available 2,833,720 2,833,720 2,833,720 Total 48,760,737 - 40,500 48,801,237 48,801,237 AC. Professional Services Fund Central Services 1,340,294 1,340,294 1,340,294 Public Works 5,453,339 5,453,339 5,453,339 I nterfund Transfers 436,000 436,000 436,000 Reserve 10,000 6,567 16,567 16,567 Balance Available 255,713 255,713 255,713 Total 7,495,346 - 6,567 7,501,913 7,501,913 ITOTAL CITY OF EUGENE BUDGET 446,428,218 839,000 3,437,816 48,928,346 499,633,380 499,633,380 City of Eugene KEY TO BROAD SERVICE CATEGORIES: May 18, 2005 Current Intended Motions IP - Infrastructure and Planning PS - Public Safety Motion Passed FY06 Budget Committee CL - Culture and Leisure Services CB - Central Business Cat; S~U~ee I~tendCd M°fi°n Fdnd Re~end¢ N¢~ ~m°dn~ !XS ~o~¢ o 14 o ~neeal Monroei Sg0ber!¢ and ~ashing!~n and aeffersoni using $a~8~000 (37g~}{}) 378,000 0 Passed ~S iX$ B~i~ fufiaifi~ fr6~ ifi~ ~i~e6~ ~fifid fi~a $5~0~000 fo~ Am~ndmen~ e~fimaiea ong6~ng Cosi~ in F~07 ~6 ue ~ah~ca~d tr6m unmied ~ Abseni SUbSid~ 0f !and use permit fee~ ProP0~fions detepmined by Cit~ Add four officers to se~e downtown, urban core neighborhoods and parks, esp Monroe, Scobert, and Washington and Jefferson, using $378,000 1X$ Bridge funding from the Telecom Fund and Failed PS Kelly $590,000 for ongoing costs to be reallocated from unfilled ~neral 0-15 Amendment vacancies and from an increase in revenue recove~ from the GF 1 absent subsidy of land use permit fees. Proportions determined by City $378,000 1X$ $378,000 1X$ Manager. $590,000 Ongoing $590,000 Ongoing 1X (3~,0{~0) 35,000 0 ~a !mp!emen~atiou 0f th~ PERF/IC~ re~0mmeudati0ns in P~!i~e Res{afffi~efigh{ee~ a~ station ~9 in Janua~ 2006 using {h~ end of ~05 b~lanee of the Ai~phtt Marketing FUnd and the Rescue for 326~000 iX prowammed ~S6,2 4. This sh~s the marginal ~hange~ CS Rygas from ReScue from ReVenue Shoetfall 77;000 0 7~000 iX 3 absent Begin cu[tu~al se~i~e~ comprehensive Plan in FY06 use U~ban Kelly. ape cs Renewal FUndS tO ~he e~t~nt pOSSible and use ~he Facility Rescue ~mendment (~5 ~0)~25~000 0 2X 3 absent fr0m ~he General FUnd'S Resem-e fo~ Revenue ShCrtfaIl~ FY08 and PaSSed bey0nd fr0m the completed Ha~a~d Field debt payment stream ~DIU~O 3o ooo 3o ooo ~/7/2005 City of Eugene KEY TO BROAD SERVICE CATEGORIES: May 18, 2005 Current Intended Motions IP - Infrastructure and Planning PS - Public Safety Motion Passed FY06 Budget Committee CL - Culture and Leisure Services CB - Central Business Cat; S~U~ee I~tend¢d M°fi°n Fdnd Re~end¢ N¢~ ~m°dn~ !XS ~o~ use $!0;200 0f the R~SC Tra~si!i~n Manager Appr0priafi0n !0 R~S~ Pa~ed CB PetePs ~nePal o 0 3 absent Failed CB Kelly Restore support br Community TV using Telecom Funds Telecom 4-8; 7,500 7,500 4 absent Increase animal control contract by $233,000 with the expense PS Kelly offset from the future increase in dog license revenue. Revenue ~neral Failed source is Reserve br Revenue Shortfall 6-6; 233,000 233,000 3X$ 4 absent FY06 General Fund Approved Ongoing 0 378,000 378,000 FY06 General Fund Approved 1X$ (462,580) 865,500 403,000 830,500 6/7/2005 ATTACHMENT C RESOLUTION NO. XXXX A 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, 2005, AND ENDING JUNE 30, 2006 The City Council of the City of Eugene finds that Adopting the Budget and Making Appropriations is necessary under ORS 294.305 to 294.565. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, A Municipal Corporation of the State of Oregon, as follows: Section 1. That the budget for the City of Eugene, Oregon, for the year commencing July 1, 2005 and ending June 30, 2006, as set forth in attached Exhibit "A" is hereby Adopted. Section 2. That the City Council of the City of Eugene, Oregon makes Appropriations for the purposes as set forth in attached Exhibit "A" and authorizes the interfund loans described in Exhibit "C". Section 3. That a total levy in the amount of $7.0058 per $1,000 of Assessed Value be made against all taxable property within the City of Eugene in general and a total levy in the amount of $0.86 per $1,000 of Assessed Value be made against all taxable property within the City of Eugene for Youth and School Services Local Option Levy as of 12:01 am July 1, 2005, together with a Library Local Option Levy of $4,900,000 and a Bonded Debt Levy of $4,387,597 for the purpose of deriving funds necessary to carry on the different programs and to meet the expenses of the government of the City of Eugene for the fiscal year beginning July 1, 2005, and ending June 30, 2006; and to create and provide sinking funds and interest funds for the various outstanding bonds and obligations of the City. Section 4. That the following allocation and categorization subject to the limits of section 1 lb, Article XI of the Oregon Constitution constitute the above levy: Subject to the General Excluded from Government Limitation the Limitation General Fund $7.0058 per $1,000 of Assessed Value $0 Library Local Option Levy $4,900,000 $0 Youth & School Services Local Option Levy $0.86 per $1,000 of Assessed Value $0 Bonded Debt Fund $0 $4,387,597 Section 5. That the City Recorder is hereby requested to certify the levies as herein made and set forth to the County Assessor of Lane County, Oregon, and shall file with the County Assessor a copy of the budget as finally adopted, and such other documents as required by ORS 294.555(3). Section 6. That the list of fund titles and numbers set forth in attached Exhibit "B" is hereby adopted, and any fund numbers and fund titles in conflict herewith are hereby repealed. The foregoing Resolution adopted this 13th day of June, 2005. City Recorder EXHIBITA City of Eugene General Fund $$$ Central Services 21,738,229 Fire and Emergency Medical Services 21,029,152 Library, Recreation & Cultural Services 17,841,369 Planning and Development 6,403,727 Police 36,060,347 Public Works 5,639,935 Total Department Operating 108,712,759 Non-Departmental Debt Service 274,170 Interfund Loans 62,500 Interfund Transfers 3,737,605 Intergovernmental Expenditures 522,000 Contingency 340,000 Reserve* 7,252,885 Unappropriated Ending Fund Balance* 17,585,000 Total Non-Departmental 29,774,160 Total General Fund 138,486,919 Special Assessment Manaqement Fund Department Operating Central Services 228,052 Total Department Operating 228,052 Non-Departmental Debt Service 30,000 Interfund Transfers 71,000 Misc. Fiscal Transactions 60,000 Reserve* 73,978 Balance Available* 1,223,549 Total Non-Departmental 1,458,527 Total Special Assessment Management Fund 1,686,579 Library Local Option Levy Fund Department Operating Library, Recreation and Cultural Services 4,900,410 Total Department Operating 4,900,410 Non-Departmental Reserve* 823,897 Unappropriated Ending Fund Balance* 816,700 Total Non-Departmental 1,640,597 Total Library Local Option Levy Fund 6,541,007 Partnerships for Youth Local Option Levy Fund $$$ Non-Departmental Interfund Transfers 281,213 Total Non-Departmental 281,213 Total Partnerships for Youth Local Option Levy Fund 281,213 Youth and School Services Local Option Levy Fund Department Operating Library, Recreation and Cultural Services 1,068,579 Total Department Operating 1,068,579 Non-Departmental Intergovernmental Expenditures 7,785,129 Reserve* 460,973 Total Non-Departmental 8,246,102 Total Youth and School Services Local Option Levy Fund 9,314,681 Road Fund Department Operating Public Works 9,029,640 Total Department Operating 9,029,640 Non-Departmental Interfund Transfers 580,000 Reserve* 128,941 Balance Available* 2,808,893 Total Non-Departmental 3,517,834 Total Road Fund 12,547,474 Public Safety Answerinq Point Fund Department Operating Police 1,916,111 Total Department Operating 1,916,111 Non-Departmental Interfund Transfers 122,000 Reserve* 10,943 Total Non-Departmental 132,943 Total Public Safety Answering Point Fund 2,049,054 Transportation Utility Fund $$$ Total Capital Projects 6,377,307 Non-Departmental Debt Service 19,000 Interfund Loans 235,000 Balance Available* 4,411 Total Non-Departmental 255,411 Total Transportation Utility Fund 6,635,718 Telecom Reqistration/Licensinq Department Operating Central Services 2,145,047 Total Department Operating 2,145,047 Total Capital Projects 41,400 Non-Departmental Interfund Transfers 402,000 Reserve* 3,129,042 Total Non-Departmental 3,531,042 Total Telecom Registration/Licensing 5,717,489 Construction Permits Fund Department Operating Fire and Emergency Medical Services 217,880 Planning and Development 4,068,385 Public Works 373,067 Total Department Operating 4,659,332 Non-Departmental Interfund Transfers 452,000 Balance Available* 3,049,695 Total Non-Departmental 3,501,695 Total Construction Permits Fund 8,161,027 Solid Waste/Recycling Fund $$$ Department Operating Planning and Development 496,063 Total Department Operating 496,063 Non-Departmental Interfund Transfers 53,000 Reserve* 21,080 Balance Available* 76,553 Total Non-Departmental 150,633 Total Solid Waste/Recycling Fund 646,696 Community Development Fund Department Operating Central Services 4,000 Planning and Development 4,383,008 Total Department Operating 4,387,008 Total Capital Projects 531,844 Non-Departmental Interfund Transfers 110,000 Miscellaneous Fiscal Transactions 3,234,284 Total Non-Departmental 3,344,284 Total Community Development Fund 8,263,136 Library~ Parks and Recreation Special Revenue Fund Department Operating Library, Recreation & Cultural Services 159,000 Total Department Operating 159,000 Total Capital Projects 274,099 Non-Departmental Reserve* 1,053,589 Balance Available* 78,242 Total Non-Departmental 1,131,831 Total Library, Parks and Rec. Special Revenue Fund 1,564,930 General Obliqation Debt Service Fund Non-Departmental Debt Service 4,359,896 Unappropriated Ending Fund Balance* 517,833 Total Non-Departmental 4,877,729 Total General Obligation Debt Service Fund 4,877,729 Library Bond Debt Service Fund $$$ Non-Departmental Debt Service 2,353,125 Reserve* 527,766 Total Non-Departmental 2,880,891 Total Library Bond Debt Service Fund 2,880,891 Special Assessment Bond Fund Non-Departmental Debt Service 512,655 Interfund Transfers 140,000 Reserve* 209,617 Total Non-Departmental 862,272 Total Special Assessment Bond Fund 862,272 General and Road Capital Projects Fund Department Operating Central Services 3,060 Total Department Operating 3,060 Total Capital Projects 30,177,953 Non-Departmental Debt Service 12,593 Interfund Loans 348,242 Interfund Transfers 97,500 Reserve* 25,245,289 Balance Available* 1,023,867 Total Non-Departmental 26,727,491 Total General and Road Capital Projects Fund 56,908,504 Systems Development Capital Projects Fund Department Operating Planning and Development 107,328 Public Works 400,195 Total Department Operating 507,523 Total Capital Projects 12,915,404 Non-Departmental Debt Service 361,420 Intergovernmental Expenditures 1,154,539 Reserve* 269,304 Balance Available* 1,429,343 Total Non-Departmental 3,214,606 Total Systems Development Capital Projects Fund 16,637,533 Special Assessments Capital Projects Fund $$$ Total Capital Projects 4,843,933 Non-Departmental Debt Service 2,400,000 Interfund Transfers 40,000 Balance Available* 1,020,185 Total Non-Departmental 3,460,185 Total Special Assessments Capital Projects Fund 8,304,118 Municipal Airport Fund Department Operating Fire and Emergency Medical Services 692,207 Police 393,529 Public Works 4,282,004 Total Department Operating 5,367,740 Total Capital Projects 16,868,018 Non-Departmental Debt Service 1,112,543 Interfund Transfers 265,000 Reserve* 6,451,769 Balance Available* 1,143,632 Total Non-Departmental 8,972,944 Total Municipal Airport Fund 31,208,702 Parkinq Services Fund Department Operating Central Services 438,482 Planning and Development 2,639,692 Public Works 107,090 Total Department Operating 3,185,264 Total Capital Projects 866,259 Non-Departmental Debt Service 641,298 Interfund Transfers 827,100 Reserve* 742,162 Balance Available* 1,033,486 Total Non-Departmental 3,244,046 Total Parking Services Fund 7,295,569 Wastewater Utilities Fund $$$ Department Operating Public Works 15,802,577 Total Department Operating 15,802,577 Total Capital Projects 2,396,124 Non-Departmental Debt Service 330,571 Interfund Loans 44,400 Interfund Transfers 908,000 Intergovernmental Expenditures 12,258,714 Reserve* 532,890 Balance Available* 951,543 Total Non-Departmental 15,026,118 Total Wastewater Utilities Fund 33,224,819 Stormwater Utilities Fund Department Operating Public Works 8,524,470 Total Department Operating 8,524,470 Total Capital Projects 5,813,830 Non-Departmental Debt Service 5,852 Interfund Loans 73,067 Interfund Transfers 465,000 Reserve* 141,183 Balance Available* 1,950,393 Total Non-Departmental 2,635,495 Total Stormwater Utilities Fund 16,973,795 Ambulance Transport Fund Department Operating Fire and Emergency Medical Services 5,561,192 Police 139,750 Total Department Operating 5,700,942 Non-Departmental Interfund Transfers 608,352 Reserve* 14,910 Balance Available* 1,050,782 Total Non-Departmental 1,674,044 Total Ambulance Transport Fund 7,374,986 Fleet Services Fund $$$ Department Operating Public Works 8,399,785 Total Department Operating 8,399,785 Total Capital Projects 27,472 Non-Departmental Interfund Transfers 231,094 Reserve* 5,852,507 Balance Available* 566,327 Total Non-Departmental 6,649,928 Total Fleet Services Fund 15,077,185 Information Systems and Services Fund Department Operating Central Services 5,646,820 Total Department Operating 5,646,820 Non-Departmental Interfund Transfers 274,000 Reserve* 1,222,536 Balance Available* 142,672 Total Non-Departmental 1,639,208 Total Information Systems and Services Fund 7,286,028 Facilities Services Fund Department Operating Central Services 6,643,574 Planning and Development 225,031 Total Department Operating 6,868,605 Total Capital Projects 344,776 Non-Departmental Debt Service 230,339 Interfund Loans 181,229 Interfund Transfers 24,259,513 Reserve* 435,441 Balance Available* 202,273 Total Non-Departmental 25,308,795 Total Facilities and Fleet Services Fund 32,522,176 Risk and Benefits Fund $$$ Department Operating Central Services 22,209,532 Total Department Operating 22,209,532 Non-Departmental Debt Service 4,200,550 Interfund Loans 382,018 Interfund Transfers 192,000 Reserve* 18,983,417 Balance Available* 2,833,720 Total Non-Departmental 26,591,705 Total Risk Management Fund 48,801,237 Professional Services Fund Department Operating Central Services 1,340,294 Public Works 5,453,339 Total Department Operating 6,793,633 Non-Departmental Interfund Transfers 436,000 Reserve* 16,567 Balance Available* 255,713 Total Non-Departmental 708,280 Total Professional Services Fund 7,501,91 3 Total Resolution 499,633,380 * Reserves, Balance Available, and UEFB amounts are not appropriated for spending and are shown for information purposes only. Exhibit B City of Eugene Reporting Fund* Managing Fund Fund Titles 010 (011 - 031) General Fund Reporting Fund 011 General Fund Subfund 022 AIRS Conversion Project Fund 031 Cultural Services Fund 110 (114 - 119) Special Assessment Management Reporting Fund 114 Local Improvement Assistance Fund 115 Assessment Management Fund 117 City Sewer Deferral Fund 118 Street Subsidy Program Fund 119 State Sewer Deferral II Fund 111 111 Library Local Option Levy Fund 113 113 Partnerships for Youth Local Option Levy Fund 123 123 Youth & School Services Local Option Levy Fund 131 131 Road Fund 132 132 Public Safety Answering Point Fund 133 133 Transportation Utility Fund 135 135 Telecommunications Registration/Licensing 151 151 Construction Permits Fund 155 155 Solid Waste/Recycling Fund 170 (171 - 177) Community Development Reporting Fund 171 Community Development Block Grant Fund 174 Historic Preservation Loan Fund 175 Low-income Housing Fund 176 Community Revitalization Loan 177 CDBG Loan Program Revolving Fund 178 HOME Fund 180 (181 - 187) Library, Parks & Recreation Reporting Fund 181 Library Miscellaneous Fund 182 Morita Fund 185 Parks & Recreation Miscellaneous Fund 186 Hays Fund 187 Parks Maintenance Fund 211 211 General Obligation Debt Service Fund 221 221 Library Bond Debt Service Fund 250 (251 - 298) Special Assessment Bond Debt Service Reporting Fund 251 In-City Assessment Bond Reserve Fund 275 Special Assessment Bond R Fund 276 Special Assessment Bond S Fund 277 Special Assessment Bonds Series 2006 Fund 291 River Road/Santa Clara Assessment Bond - Residual Fund 297 Santa Clara Series N-P Fund 298 Santa Clara Series S-U Fund Eugene appropriates and reports to these combined funds. Exhibit B City of Eugene Reporting Fund* Managing Fund Fund Titles 310 (311 - 323) General and Road Capital Projects Reporting Fund 311 General Capital Projects Fund 312 Road Capital Projects Fund 313 Fire General Obligation Bond Construction Fund 314 Housing Capital Projects Fund 319 Public Art Fund 321 Parks/Open Space Capital Project Fund 322 Santa Clam Fire Station Capital Projects Fund 323 City Hall Replacement Fund 330 (332 - 336) System Development Capital Projects Reporting Fund 332 System Development Capital Projects Fund 333 Transportation Systems Development Capital Projects Fund 334 Sanitary Sewer Systems Development Capital Projects Fund 335 Storm Sewer Systems Development Capital Projects Fund 336 Parks Systems Development Capital Projects Fund 350 (351 - 352) Special Assessment Capital Projects Reporting Fund 351 Special Assessment Capital Fund 352 Delayed Assessments Fund 510 (511 - 514) Municipal Airport Reporting Fund 511 Airport Fund 512 Airport Construction Fund 513 Airport Debt Service Fund 514 Airport Service Development Fund 520 (522 - 529) Parking Services Reporting Fund 522 Parcade Parking Fund 523 Performing Arts Parking Fund 524 Overpark Parking Operations Fund 525 Parking Operations Fund 526 Pearl Street Garage Fund 527 Broadway & Charnelton Garage Fund 528 Broadway Garage Debt Service Fund 529 Parking Lots Fund 530 (532 - 534) Wastewater Utility Reporting Fund 532 Wastewater Utility - Capital Fund 533 Wastewater Utility - Regional Fund 534 Wastewater Utility - Local Fund 539 (531,535,536) Stormwater Utility Reporting Fund 531 Stormwater Utility - Capital Fund 535 Stormwater Utility - Operation Fund 536 Wetlands Mitigation Bank Fund 592 592 Ambulance Transport Fund 600 (616,619) Fleet Services Reporting Fund 616 Fleet Replacement and Acquisition 619 Fleet Service Fund Eugene appropriates and reports to these combined funds. Exhibit B City of Eugene Reporting Fund* Managing Fund Fund Titles 610 (611 - 613) Information Systems Reporting Fund 611 Information Systems & Services Fund 613 Central Business Software Fund 615 (617 - 619) Facilities Services Reporting Fund 617 Atrium Fund 618 Facilities Maintenance Fund 620 (622 - 624) Risk and Benefits Reporting Fund 622 Risk Management Fund 623 Employee Health and Benefits Fund 624 Pension Benefit Fund 630 (631,632,635) Professional Services Reporting Fund 631 Professional Services Fund 632 Parks & Open Space and Maintenance Professional Services Fund 635 Facilities Professional Services Fund *City of Eugene appropriates and reports to these combined funds. EXHIBIT C FY06 INTERFUND LOANS INCLUDED IN THE BUDGET COMMITTEE'S FY06 BUDGET RECOMMENDATION In compliance with ORS 294.460 and the City of Eugene Financial Management Goals and Policies, the FY06 Budget Recommendation and the Resolution Appropriating the Budget authorize the following new interfund loan: OPERATING INTERFUND LOANS 1. Loan of $191,009 from the General and Road Capital Projects Fund's Facility Reserve to the Risk Management Fund for unexpected risk claim expenditures in FY01. The loan will be repaid in FY07 and will pay an interest rate equivalent to the portfolio earnings rate the funds would have earned if not used for the interfund loan. ATTACHMENT D RESOLUTION NO. A RESOLUTION ELECTING TO RECEIVE STATE REVENUE SHARING FUNDS PURSUANT TO SECTION 221.770 OF OREGON REVISED STATUTES BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, A Municipal Corporation of the State of Oregon, as follows: Section 1. The City of Eugene, Oregon, for the fiscal year ending June 30, 2006, elects to receive distribution of funds from State Revenue Sharing pursuant to Oregon Revised Statutes Section 221.770. Section 2. The Finance and Court Services Director is hereby requested to file a copy of this Resolution with the Executive Department of the State of Oregon as prescribed by Oregon Revised Statutes Section 221.770. The foregoing Resolution adopted the 13th day of June, 2005. City Recorder ATTACHMENT E RESOLUTION NO. ~ A RESOLUTION CERTIFYING THAT THE CITY OF EUGENE PROVIDES THE MUNICIPAL SERVICES REQUIRED BY OREGON REVISED STATUTES SECTION 221.760 IN ORDER TO RECEIVE STATE SHARED REVENUES. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, A Municipal Corporation of the State of Oregon, as follows: Section 1. The City of Eugene, Oregon, recognizes the desirability of assisting the State officer responsible for determining the eligibility of cities to receive State Shared Revenues under Oregon Revised Statutes Sections 323.455, 366.785 to 366.820, and 471.805. Section 2. The City of Eugene, Oregon, declares its eligibility to receive such funds as a city located within a county having more than 100,000 inhabitants that provides four or more of the following municipal services, as required in Oregon Revised Statutes Subsection 221.760(1): (a) Police Protection (b) Fire Protection (c) Street Construction, Maintenance, and Lighting (d) Sanitary Sewers (e) Storm Sewers (f) Planning, Zoning, and Subdivision Control The foregoing Resolution adopted the 13th day of June, 2005. City Recorder