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Home My WebLink AboutResolution No. 5489COUNCIL RESOLUTION NO. 5489 A RESOLUTION DETERMINING, LEVYING, AND CATEGORIZING THE ANNUAL AD VALOREM PROPERTY TAX LEVY FOR THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027 PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: June 22, 2026 COUNCIL RESOLUTION NO. 5489 A RESOLUTION DETERMINING, LEVYING, AND CATEGORIZING THE ANNUAL AD VALOREM PROPERTY TAX LEVY FOR THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027 PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: June 22, 2026 ) ))) ) ))"$)) %)) ))")$) #)"$)))$)) )))) $)) $)) )))!)) ) ) ) ) ) ) )('&)) ) RESOLUTION NO. 5489 A RESOLUTION DETERMINING, LEVYING, AND CATEGORIZING THE ANNUAL AD VALOREM PROPERTY TAX LEVY FOR THE CITY OF EUGENE FOR THE FISCAL YEAR BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027 The City Council of the City of Eugene finds that determining, levying, and categorizing the annual ad valorem property tax levy is necessary under ORS 294.305 to 294.565. NOW, THEREFORE, based on the above finding, 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 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, a Library Local Option Levy of $4,300,000, a Parks and Recreation Operations and Maintenance Local Option Levy of $5,330,000 and a Bonded Debt Levy of $15,366,208 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, 2026, and ending June 30, 2027; and to create and provide sinking funds and interest funds for the various outstanding bonds and obligations of the City. Section 2. That the following allocation and categorization subject to the limits of section 11 b, Article XI of the Oregon Constitution constitute the above levy: General Fund Library Local Option Levy Fund Parks and Recreation Operations and Maintenance Local Option Levy Fund Bonded Debt Fund Resolution -Page 1 of 2 Subject to the General Government Limitation $7.0058 per $1,000 of Assessed Value $4,300,000 $5,330,000 $0 Excluded from the Limitation $0 $0 $0 $15,366,208 683,<:*31a13a a a 794-=;'42a ;7/'2(2#a ->B'2#a 2a ;#47(D'2#a ;%a 22=-a a >.47/a 57457;Ba ;Aa ->Ba 47a ;%a ';Ba 4 a =#2a 47a ;%a (9-a B7a#'22'2#a+=-Ba a a 2a2'2#a+=2aa a :OIaP[`aV]TGPRaVJa[OIaP[`aVJa]MITIaKTHYaH6+HQ/0H0E?7@7@4Q<0LO7@4Q+@/Q .+H04CE8P8@4QH60Q+@@J+<Q+/QL+=CE0?QDECD0EHOQH+NQ<0LOQ8FQ@0.0FF+EOQJ@/0EQ"%'Q QHCQ Q 13@a:&6!36aFEYIHaVTa[OIaEFV^IaKTHPTNa a):a683,?a Ca:&a*:Ca3<1),a3"a:&a):Ca3!a<$1aa0]TPGPWERa VXWVXE[PVTaVJa[OIa8[E\IaVJa3XIMVUaEZaLSRV_Ya 8IG[PVTaa (6+HQ+Q HCH+<Q=0LOQ7@QH60Q+?CJ@HQC2QQD0EQ QC2QFF0FF0/Q)+=J0Q -0Q?+/0Q+4+8@FHQ+==QH+N+-=0QDECD0EHOQM7H68@QH60Q7HOQC2QJ40@0Q7@Q40@0E+<Q+Q 8-E+EOQC.+=Q "DH7C@Q0LOQC2Q Q+Q #+E;FQ+@/Q%0.E0+H7C@Q"D0E+H7C@FQ+@/Q!+7@H0@+@.0QC.+<Q "DH8C@Q0LOQ2Q Q+@/Q+Q C@/0/Q0-HQ0LOQ2Q Q 2CEQH60QDJEDCF0QC2Q /0E8L7@4Q2J@/FQ@0.0FF+EOQHCQ.+EEOQC@QH60Q/7220E0@HQDEC4E+?FQ+@/QHCQ?00HQH60Q0ND0@F0FQC2Q H60Q4CL0E@?0@HQC2QH60Q7HOQC2QJ40@0Q2CEQH60Q28F.+<QO0+EQ-048@@8@4QJ<OQ QQ+@/Q0@/7@4Q J@0Q QQ+@/QHCQ.E0+H0Q+@/QDECL7/0QF7@;7@4Q2J@/FQ+@/Q8@H0E0FHQ2J@/FQ2CEQH60QL+E7CJFQ CJHFH+@/7@4Q-C@/FQ+@/QC-<74+H7C@FQC2QH60Q8HOQ 8IG[QVTa a (6+HQH60Q2C<<CM7@4Q+<<C.+H8C@Q+@/Q.+H04CE8P+H7C@QFJ-:0.HQHCQH60Q=8?8HFQC2Q F0.H7C@Q -QEH8.<0Q*Q C2QH60Q"E04C@QC@FH7HJH8C@Q.C@FH7HJH0QH60Q+-CL0Q<0LOQ 0A0E+=QJ@/Q 7-E+EOQC.+<Q"DH7C@Q0LOQ J@/Q $+E;FQ+@/Q%0.E0+H7C@Q "D0E+H7C@FQ+@/Q!+7@H0@+@.0Q C.+=Q"DH7C@Q0LOQJ@/Q C@/0/Q0-HQJ@/Q &1GC>KI9CBQ#,51Q Q C3QQ 'J-:0.HQHCQH60Q0@0E+=Q CL0E@?0@HQ8?8H+H7C@Q QD0EQ QC2QFF0FF0/Q )+<J0Q Q Q Q N.<J/0/Q2EC?Q H60Q 7?7H+H7C@Q Q Q Q Q Section 3. That the City of Eugene Chief Finance Officer 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 Lane County Assessor and the Lane County Clerk a copy of the adopted budget for the 2025-2027 biennium, and such other documents as required by ORS 294.458 and ORS 310.060. The foregoing Resolution is adopted this 22nd day ofJune, 2026. R esolution - Page 2 of 2 Section 3. That the City of Eugene Chief Finance Officer 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 Lane County Assessor and the Lane County Clerk a copy of the adopted budget for the 2025-2027 biennium, and such other documents as required by ORS 294.458 and ORS 310.060. The foregoing Resolution is adopted this 22nd day ofJune, 2026. 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