95-01 Budget

RESOLUTION NO 95-1

RESOLUTION ADOPTING THE BUDGET

A RESOLUTION ADOPTING THE BUDGET, MAKING APPROPRIATIONS, DETERMINING, LEVYING AND CATEGORIZING THE ANNUAL AD VALOREM PROPERTY TAX LEVY FOR THE CITY OF SODAVILLE FOR THE FISCAL YEAR BEGINNING JULY 1, 1995 AND ENDING JUNE 30, 1996.

The City Council of the City of Sodaville finds that adopting the budget and making appropriations is necessary under ORS 294.305 to 294.576.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SODAVILLE, a Municipal Corporation of the State of Oregon, as follows:

Section 1.

That the Budget for the City of Sodaville, Oregon, for the year commencing July 1, 1995 and ending June 30, 1996, as set for in Exhibit “A” attached hereto is hereby adopted.

Section 2.

That the City Council of the City of Sodaville, Oregon makes appropriations for the purpose as set forth in the attached Exhibit “A”.

Section 3.

That a total levy in the aggregate amount of $5,536 be made against all taxable property within the City of Sodaville in general as of 12:01 am, July 1, 1995, for the purpose of deriving funds necessary to carry on the different programs and to meet the expenses of government of the City of Sodaville for the fiscal year beginning July 1, 1995 and ending June 30, 1996: 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 11b, Article XI of the Oregon Constitution constitute the above aggregate levy:

Subject to the General Government Limitation

General Fund $ 3,311

Serial Levy Fund 2,225

Bonded Debt Fund 0

Category Total $5,536

Total Levy $ 5,536

Excluded from the Limitations

General Fund -0-

Serial Levy Fund -0-

Bonded Debt Fund -0-

Section 5.

That the City Recorder is hereby directed to certify the levies as herein made and set forth to the County Assessor of Linn County, Oregon, and shall file with the County Assessor two copies of the budget as finally adopted, and such other documents as required by ORS 294.55 (2).

Section 6.

That the fund titles as set forth in the attached Exhibit “A" are hereby adopted, and any fund titles in conflict therewith are repealed.

Exhibit A

I. A RESOLUTON ADOPTING THE BUDGET

Be it resolved that the City Council of the city of Sodaville hereby adopts the Budget approved by the Budget Committee on June 27, 1995, for 1995-96, in the sum of $233,938 now on file at the Sodaville City Hall.

II. RESOLUTION MAKING APPROPRIATIONS

Be it Resolved that the amount for the fiscal year beginning July 1, 1995 and for the purposes shown below are hereby appropriated as follows:

GENERAL FUND

Personal Services $7,865

Material & Services 3,435

Transfers 3,000

Contingency 4,000

TOTAL GENERAL FUND APPROPRIATIONS $18,300

PUBLIC SAFETY FUND

Fire Defense:

Materials & Services 100

Transfers 2,970

Unapp Ending Fund Balance 1,275

Street Lighting:

Materials & Services $2,700

Unapp Ending Fund Balance 1,300

TOTAL PUBLIC SAFETY FUND APPROPRIATIONS $8,345

STREET FUND

Personal [sic] Services $1,919

Materials & Services 4,660

Capital Outlay 40,000

Contingency 5,600

Total Street Fund Appropriations $52,179

STORM DRAINAGE - IMPROVEMENTS SDC

Material & Services 7,000

TOTAL STORM DRAINAGE IMPROVEMENTS SDC $7,000

COMMUNITY DEVELOPMENT FUND

Capital Outlay $11,000

Contingency 14,000

TOTAL COMMUNITY DEVELOPMENT FUND APPROPRIATIONS $25,000

WATER ENTERPRISE FUND

Water Utility Operations:

Personal [sic] Services $7313

Material & Services 9,815

Debt Services 6,167

Transfers 4,000

Debt Service Contingency 1,550

Water Utility Unrestricted Improvements:

Personal [sic] Services $1,918

Materials & Services 4,000

Capital Outlay 19,862

Contingency 8,500

Water Utility Improvements SDC:

Unapp Ending Fund Balance $20,240

Water Utility Reimbursement SDC:

Unapp Ending Fund Balance $8,450

Water Utility West View SDC:

Materials & Services $350

Capital Outlay $2,050

Water Utility Village SDC:

Materials & Services $5,000

Capital Outlay 3,000

Water Utility Reserve 2002:

Repair Contingency 15,000

Total Water Enterprise Fund Appropriations $117,215

INTERNAL SERVICE FUND

City Hall/Shop:

Materials & Services $2,150

Capital Outlay 3,000

Contingency 750

TOTAL INTERNAL SERVICE FUND APPROPRIATIONS $5,900

TOTAL BUDGET APPROPRIATIONS $233,939

III. RESOLUTION LEVYING AD VALOREM TAXES

Be it resolved that the City Council of the City of Sodaville hereby levies the taxes provided for in the adopted budget at the tax rate of 0.4552 per $ 1,000.00 and that these taxes are hereby levied on all taxable property within said district as of 1 am, January 1, 1998 [sic]. The following allocations constitute the above Resolution Levying Ad Valorem Taxes:

Subject to the General Government Limitation

PUBLIC SAFETY FUND

Street Lighting $2,224 3 year Serial Levy

Fire Defense $3,311 Tax Base

Category Total $5,536

Total Levy $5,536

Excluded from the Limitation

$0

0

$0

Passed by the Council this 27 day of June, 1995.