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HomeMy WebLinkAboutItem 5: Resolution Adopting FY08 Budget ECC UGENE ITY OUNCIL AIS GENDA TEM UMMARY Public Hearing and Action: Resolution 4910 Electing to Receive State Revenue Sharing Funds Pursuant to Section 221.770 of Oregon Revised Statutes; Resolution 4911 Certifying that the City of Eugene Provides the Municipal Services Required by Oregon Revised Statutes Section 221.760; and Resolution 4912 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, 2007 and Ending June 30, 2008 Meeting Date: June 11, 2007 Agenda Item Number: 5 Department: Central Services Staff Contact: Kitty Murdoch www.eugene-or.gov Contact Telephone Number: 682-5860 ISSUE STATEMENT Oregon Local Budget Law requires the City to conduct a public hearing to hear testimony on the FY08 City of Eugene Annual Budget as recommended by the Budget Committee on May 16, 2007, and on the proposed uses of State Revenue Sharing funds. Resolutions electing to receive State Revenue Sharing in the Fiscal Year beginning July 1, 2007, and ending June 30, 2008, 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, 2007, and ending June 30, 2008. BACKGROUND 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\2007 Council Agendas\M070611\S0706115.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 FY08 Proposed Budget document and Budget Committee motions. A summary of the Budget Committee actions is provided in Attachment A. State Revenue Sharing The FY08 estimated revenue from State Revenue Sharing is $1,087,000. 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 15, 2007. Budget Committee Recommendation Budget Committee review consisted of seven work sessions and one public hearing. Public comment was heard at the beginning of four of the work sessions. A public hearing on the budget proposal was conducted on May 15, 2007. The Budget Committee recommendation consists of the City Manager’s Proposed Budget for FY08, with several amendments. The Budget Committee recommendation, unanimously approved on May 16, 2007, is as follows: Ms. Rygas, seconded by Mr. Gaston, moved that the Budget Committee recommend to the Eugene City Council a FY08 budget for the City of Eugene that consists of the City Manager’s proposed FY08 budget, including the property tax levies and/or rates contained therein, amended to reflect appropriations for prior year encumbrances and prior year capital projects, and the amendments to the manager’s proposed FY08 budget which have been adopted by the Budget Committee. The motion passed unanimously. A summary of the Budget Committee’s recommended changes to the City Manager’s Budget are shown by fund and department below. All change proposals and the committee votes are shown in Attachment B. Attachment A reconciles the recommended budget to the proposed budget. General Fund Operating Budget Central Services Department: $15,000 increase for the Sister Cites program funded by a city-wide reduction in the ? materials and services budget. Planning and Development Department : $140,000 one-time funding for Human Services Commission stabilization ? $150,000 one-time funding for homeless prevention services ? $12,000 one-time funding for neighborhood grants to neighborhoods most affected by ? Olympic Trials events, supported by a reduction in the Olympic Trials planning and security budget $50,000 one-time funding to continue support for two additional DEI guides, supported by ? City-wide reduction in materials and services budget L:\CMO\2007 Council Agendas\M070611\S0706115.doc Non-departmental Budget Decrease the Reserve for Revenue Shortfall by $210,000to offset increased traffic calming ? support ($70,000) and Human Services Commission stabilization support ($140,000). Add a $70,000 transfer to the Road Capital Projects Fund. Other Funds (not including Encumbrance and Capital carryovers) Road Capital Projects Fund Capital: Increase traffic calming by $70,000 for a total annual budget of $100,000. Facilities Services Fund Non-Departmental: Reduce reserves and increase transfer authority for a $150,000 transfer to the General Fund from the Facilities Replacement Reserve. The General Fund will use the resource to fund $150,000 for homeless prevention services. Timing Under the state statute, a budget must be approved prior to July 1, 2007, 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, 2007. Other Background Information The FY08 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 and Priorities. Financial Management Goals and Policies The budget was prepared following guidelines established in the Financial Management Goals and Policies. 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 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. L:\CMO\2007 Council Agendas\M070611\S0706115.doc 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. SUGGESTED MOTIONS Move to adopt Resolution 4910 electing to receive state revenue sharing funds pursuant to Section 221.770 of Oregon Revised Statutes. Move to adopt Resolution 4911 certifying that the City of Eugene provides the municipal services required by Oregon Revised Statutes Section 221.760. Move to adopt Resolution 4912 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, 2007 and ending June 30, 2008. ATTACHMENTS A. Summary of Budget Committee Changes to the Executive Budget Recommendation B. Budget Committee Motions to Amend the FY08 Proposed Budget C. Resolution Electing to Receive State Revenue Sharing D. Resolution Certifying Municipal Services Provided E. Resolution Adopting the FY08 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\2007 Council Agendas\M070611\S0706115.doc 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, 2008, elects to receive distribution of funds from State Revenue Sharing pursuant to Oregon Revised Statutes Section 221.770. Section 2. The Finance 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 11th day of June, 2007. ____________________________ City Recorder 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 11th day of June, 2007. ____________________________ City Recorder RESOLUTION NO.____ 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, 2007, AND ENDING JUNE 30, 2008 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, 2007 and ending June 30, 2008, 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". That a total levy in the amount of $7.0058 per $1,000 of Assessed Value be Section 3. made against all taxable property within the City of Eugene in general and a Library Local Option Levy of $2,687,500 and a Bonded Debt Levy of $5,978,940 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, 2007, and ending June 30, 2008; and to create and provide sinking funds and interest funds for the various outstanding bonds and obligations of the City. That the following allocation and categorization subject to the limits of Section 4. section 11b, Article XI of the Oregon Constitution constitute the above levy: Subject to the GeneralExcluded from Government Limitation the Limitation General Fund $7.0058 per $1,000 of Assessed Value $0 Library Local Option Levy $2,687,500$0 Bonded Debt Fund $0$5,978,940 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 11th day of June, 2007. City Recorder EXHIBIT A City of Eugene General Fund$$$ Department Operating Central Services23,376,818 Fire and Emergency Medical Services22,546,013 Library, Recreation & Cultural Services21,216,146 Planning and Development7,429,850 Police 39,484,682 Public Works5,900,250 Total Department Operating 119,953,759 Non-Departmental Debt Service263,000 Interfund Transfers3,637,900 Intergovernmental Expenditures650,000 Contingency340,000 Reserve* 11,206,527 Unappropriated Ending Fund Balance*19,690,000 Total Non-Departmental 35,787,427 Total General Fund155,741,186 Special Assessment Management Fund Department Operating Central Services121,584 Total Department Operating 121,584 Non-Departmental Debt Service 15,000 Interfund Transfers49,000 Misc. Fiscal Transactions40,000 Reserve* 50,000 Balance Available*1,390,262 Total Non-Departmental 1,544,262 Total Special Assessment Management Fund1,665,846 Library Local Option Levy Fund Department Operating Library, Recreation and Cultural Services4,153,026 Total Department Operating 4,153,026 Non-Departmental Reserve* 204,536 Total Non-Departmental 204,536 Total Library Local Option Levy Fund4,357,562 outh and School Services Local Option Levy Fund$$$ Y Non-Departmental Interfund Transfers360,026 Intergovernmental Expenditures166,000 Total Non-Departmental 526,026 Total Youth and School Services Local Option Levy Fund526,026 Road Fund Department Operating Public Works9,126,143 Total Department Operating 9,126,143 Non-Departmental Interfund Transfers462,000 Balance Available*2,410,441 Total Non-Departmental 2,872,441 Total Road Fund11,998,584 Public Safety Answering Point Fund Department Operating Police 2,298,576 Total Department Operating 2,298,576 Non-Departmental Interfund Transfers71,000 Total Non-Departmental 71,000 Total Public Safety Answering Point Fund2,369,576 Transportation Utility Fund Total Capital Projects 8,996,079 Non-Departmental Balance Available*596,569 Total Non-Departmental 596,569 Total Transportation Utility Fund9,592,648 $$$ Telecommunications Registration/Licensing Fund Department Operating Central Services2,678,223 Total Department Operating 2,678,223 Total Capital Projects 332,335 Non-Departmental Interfund Transfers1,484,000 Reserve* 2,000,000 Balance Available*1,167,481 Total Non-Departmental 4,651,481 Total Telecom Registration/Licensing7,662,039 Construction Permits Fund Department Operating Fire and Emergency Medical Services414,356 Planning and Development5,845,606 Public Works494,936 Total Department Operating 6,754,898 Non-Departmental Interfund Transfers612,000 Intergovernmental Expenditures300,000 Balance Available*3,198,351 Total Non-Departmental 4,110,351 Total Construction Permits Fund10,865,249 Solid Waste/Recycling Fund Department Operating Planning and Development486,840 Total Department Operating 486,840 Non-Departmental Interfund Transfers21,000 Balance Available*405,689 Total Non-Departmental 426,689 Total Solid Waste/Recycling Fund913,529 Community Development Fund$$$ Department Operating Central Services4,000 Planning and Development3,215,802 Total Department Operating 3,219,802 Total Capital Projects 389,329 Non-Departmental Interfund Transfers67,000 Miscellaneous Fiscal Transactions3,475,316 Total Non-Departmental 3,542,316 Total Community Development Fund7,151,447 Library, Parks and Recreation Special Revenue Fund Department Operating Library, Recreation & Cultural Services160,728 Total Department Operating 160,728 Total Capital Projects 389,454 Non-Departmental Reserve* 1,652,476 Balance Available*138,181 Total Non-Departmental 1,790,657 Total Library, Parks and Rec. Special Revenue Fund2,340,839 General Obligation Debt Service Fund Non-Departmental Debt Service5,872,316 Unappropriated Ending Fund Balance*298,417 Total Non-Departmental 6,170,733 Total General Obligation Debt Service Fund6,170,733 Library Bond Debt Service Fund Non-Departmental Debt Service2,380,000 Reserve* 61,993 Total Non-Departmental 2,441,993 Total Library Bond Debt Service Fund2,441,993 Special Assessment Bond Debt Service Fund$$$ Non-Departmental Debt Service775,930 Interfund Transfers95,000 Reserve* 139,914 Total Non-Departmental 1,010,844 Total Special Assessment Bond Fund1,010,844 General Capital Projects Fund Department Operating Central Services13,049 Total Department Operating 13,049 Total Capital Projects 23,832,007 Non-Departmental Debt Service 50,000 Intergovernmental Expenditures67,000 Reserve* 29,000 Balance Available*740,375 Total Non-Departmental 886,375 Total General Capital Projects Fund24,731,431 Road Capital Projects Fund Total Capital Projects 2,945,557 Non-Departmental Balance Available*156,101 Total Non-Departmental 156,101 Total Road Capital Projects Fund3,101,658 Systems Development Capital Projects Fund$$$ Department Operating Central Services38,953 Planning and Development114,406 Public Works433,087 Total Department Operating 586,446 Total Capital Projects 20,026,901 Non-Departmental Debt Service358,257 Interfund Transfers93,000 Intergovernmental Expenditures1,127,000 Reserve* 67,914 Balance Available*1,436,959 Total Non-Departmental 3,083,130 Total Systems Development Capital Projects Fund23,696,477 Special Assessment Capital Projects Fund Total Capital Projects 3,231,698 Non-Departmental Debt Service1,500,000 Interfund Transfers40,000 Balance Available*1,404,182 Total Non-Departmental 2,944,182 Total Special Assessments Capital Projects Fund6,175,880 Municipal Airport Fund Department Operating Fire and Emergency Medical Services673,984 Police 372,091 Public Works4,999,072 Total Department Operating 6,045,147 Total Capital Projects 13,142,626 Non-Departmental Debt Service1,058,135 Interfund Transfers364,000 Reserve* 6,255,433 Balance Available*1,064,084 Total Non-Departmental 8,741,652 Total Municipal Airport Fund27,929,425 Parking Services Fund$$$ Department Operating Central Services456,232 Planning and Development2,786,418 Public Works71,942 Total Department Operating 3,314,592 Total Capital Projects 370,000 Non-Departmental Debt Service677,406 Interfund Transfers3,181,600 Intergovernmental Expenditures945,000 Reserve* 1,543,643 Balance Available*936,945 Total Non-Departmental 7,284,594 Total Parking Services Fund10,969,186 Wastewater Utility Fund Department Operating Public Works17,196,255 Total Department Operating 17,196,255 Total Capital Projects 2,758,604 Non-Departmental Interfund Transfers1,033,000 Intergovernmental Expenditures14,140,000 Balance Available*1,540,142 Total Non-Departmental 16,713,142 Total Wastewater Utilities Fund36,668,001 Stormwater Utility Fund Department Operating Public Works10,367,989 Total Department Operating 10,367,989 Total Capital Projects 5,675,219 Non-Departmental Interfund Transfers579,000 Intergovernmental Expenditures15,203 Balance Available*3,763,654 Total Non-Departmental 4,357,857 Total Stormwater Utilities Fund20,401,065 Ambulance Transport Fund$$$ Department Operating Fire and Emergency Medical Services5,891,785 Total Department Operating 5,891,785 Non-Departmental Interfund Transfers738,000 Balance Available*1,263,090 Total Non-Departmental 2,001,090 Total Ambulance Transport Fund7,892,875 Fleet Services Fund Department Operating Public Works9,400,425 Total Department Operating 9,400,425 Total Capital Projects 22,648 Non-Departmental Interfund Transfers353,000 Reserve* 5,428,651 Balance Available*348,303 Total Non-Departmental 6,129,954 Total Fleet Services Fund15,553,027 Information Systems and Services Fund Department Operating Central Services6,919,532 Total Department Operating 6,919,532 Non-Departmental Interfund Transfers370,000 Reserve* 950,000 Balance Available*428,571 Total Non-Departmental 1,748,571 Total Information Systems and Services Fund8,668,103 Facilities Services Fund$$$ Department Operating Central Services8,786,798 Planning and Development248,684 Total Department Operating 9,035,482 Total Capital Projects 273,260 Non-Departmental Debt Service244,000 Interfund Loans199,805 Interfund Transfers730,000 Reserve* 28,027,496 Balance Available*569,550 Total Non-Departmental 29,770,851 Total Facilities Services Fund39,079,593 Risk and Benefits Fund Department Operating Central Services24,798,091 Total Department Operating 24,798,091 Non-Departmental Debt Service4,086,000 Interfund Transfers140,000 Reserve* 8,681,550 Balance Available*4,068,829 Total Non-Departmental 16,976,379 Total Risk and Benefits Fund41,774,470 Professional Services Fund Department Operating Public Works5,612,476 Total Department Operating 5,612,476 Non-Departmental Interfund Transfers495,000 Reserve* 45,000 Balance Available*779,430 Total Non-Departmental 1,319,430 Total Professional Services Fund6,931,906 Total Resolution498,381,198 * 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 FundFund Titles 010(011 - 031)General Fund Reporting Fund 011General Fund Subfund 022AIRS Conversion Project Fund 031Cultural Services Fund 110(114 - 119)Special Assessment Management Reporting Fund 114Local Improvement Assistance Fund 115Assessment Management Fund 117City Sewer Deferral Fund 118Street Subsidy Program Fund 119State Sewer Deferral II Fund 111111Library Local Option Levy Fund 123123Youth & School Services Local Option Levy Fund 131131Road Fund 132132Public Safety Answering Point Fund 133133Transportation Utility Fund 135135Telecommunications Registration/Licensing 151151Construction Permits Fund 155155Solid Waste/Recycling Fund 170(171 - 178)Community Development Reporting Fund 171Community Development Block Grant Fund 174Historic Preservation Loan Fund 175Low Income Housing Fund 176Community Revitalization Loan Fund 177CDBG Loan Program Revolving Fund 178HOME Fund 180(181 - 187)Library, Parks & Recreation Special Revenue Reporting Fund 181Library Miscellaneous Fund 182Morita Fund 185Parks & Recreation Miscellaneous Fund 186Hayes Fund 187Parks Maintenance Fund 211211General Obligation Debt Service Fund 221221Library Bond Debt Service Fund 250(251 - 298)Special Assessment Bond Debt Service Reporting Fund 251In-City Assessment Bond Reserve Fund 275Special Assessment Bond R Fund 276Special Assessment Bond S Fund 277Special Assessment Bond Series 2006 Fund 278Special Assessment Bond Series 2007 Fund 291River Road/Santa Clara Assessment Bond - Residual Fund 297Santa Clara Series N-P Fund 298Santa Clara Series S-U Fund 310(311, 313 - 324)General Capital Projects Reporting Fund 311General Capital Projects Fund 313Fire General Obligation Bond Construction Fund 314Housing Capital Projects Fund 319Public Art Fund 321Parks/Open Space Capital Project Fund 322Santa Clara Fire Station Capital Projects Fund *City of Eugene appropriates and reports to these combined funds. Exhibit B City of Eugene Reporting Fund*Managing FundFund Titles 323City Hall Replacement Fund 3242006 PROS Bond 312312Road Capital Projects Reporting Fund 330(332 - 336)Systems Development Capital Projects Reporting Fund 332Systems Development Capital Administration Fund 333Transportation Systems Development Capital Projects Fund 334Wastewater Systems Development Capital Projects Fund 335Stormwater Systems Development Capital Projects Fund 336Parks Systems Development Capital Projects Fund 350(351 - 352)Special Assessment Capital Projects Reporting Fund 351Special Assessment Capital Fund 352Delayed Assessments Fund 510(511 - 514)Municipal Airport Reporting Fund 511Airport Fund 512Airport Construction Fund 513Airport Debt Service Fund 514Airport Service Development Fund 520(521 - 529)Parking Services Reporting Fund 521East Broadway Garage Fund 522Parcade Parking Fund 523Performing Arts Parking Fund 524Overpark Parking Operations Fund 525Parking Operations Fund 526Pearl Street Garage Fund 527Broadway & Charnelton Garage Fund 528Broadway Garage Debt Service Fund 529Parking Lots Fund 530(532 - 534)Wastewater Utility Reporting Fund 532Wastewater Utility - Capital Fund 533Wastewater Utility - Regional Fund 534Wastewater Utility - Local Fund 539(531, 535, 536)Stormwater Utility Reporting Fund 531Stormwater Utility - Capital Fund 535Stormwater Utility - Operation Fund 536Wetlands Mitigation Bank Fund 592592Ambulance Transport Fund 600(616,619)Fleet Services Reporting Fund 616Fleet Replacement and Acquisition 619Fleet Service Fund 610(611 - 613)Information Systems and Services Reporting Fund 611Information Systems & Services Fund 613Central Business Software Fund 615(614, 617, 618, 635)Facilities Services Reporting Fund 614Facilities Replacement Fund 617Atrium Fund 618Facilities Maintenance Fund 635Facilities Professional Services Fund 620(622 - 625)Risk and Benefits Reporting Fund 622Risk Management Fund *City of Eugene appropriates and reports to these combined funds. Exhibit B City of Eugene Reporting Fund*Managing FundFund Titles 623Employee Health and Benefits Fund 624Pension Bond Fund 625Other Post Employment Benefits (OPEB) 630(631,632)Professional Services Reporting Fund 631Professional Services Fund arspenpace ananenanceroessonaervces Pk&OSdMitPfilSi Fund 632 *City of Eugene appropriates and reports to these combined funds. EXHIBIT C FY08 INTERFUND LOANS INCLUDED IN THE BUDGET COMMITTEES FY08 BUDGET RECOMMENDATION In compliance with ORS 294.460 and the City of Eugene Financial Management Goals and Policies, the FY08 Budget Recommendation and the Resolution Appropriating the Budget authorize the following new interfund loan(s): OPERATING INTERFUND LOANS The FY08 recommended budget contains no new operating interfund loans.