96-07 Budget
RESOLUTION NO 96-7
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, 1996 AND ENDING JUNE 30, 1997.
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, 1996 and ending June 30, 1997, 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 $5,980 be made against all taxable property within the City of Sodaville in general as of 12:01 am, July 1, 1997, 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, 1996 and ending June 30, 1997: and to create an [sic] 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 $ 3,500
Serial Levy Fund 2,480
Bonded Debt Fund 0
Category Total $5,980
Total Levy $ 5,980
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fund titles as set forth in the attached Exhibit “A" are hereby adopted, and any fund titles in conflict therewith are repealed.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 May 29, 1996, for 1996-1997, in the sum of $253,131 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, 1996 and for the purposes shown below are hereby appropriated as follows:
GENERAL FUND
Personal Services $8,580
Material & Services 6,420
Contingency 3,000
TOTAL GENERAL FUND APPROPRIATIONS $36,400
PUBLIC SAFETY FUND
Fire Defense:
Materials & Services 100
Transfer: 2,970
Unapp Ending Fund Balance 1,550
Street Lighting:
Materials & Services 2,850
Unapp Ending Fund Balance 1,550
TOTAL PUBLIC SAFETY FUND APPROPRIATIONS $9,020
COMMUNITY DEVELOPMENT FUND
Materials & Services 1,500
Capital Outlay 24,500
TOTAL COMMUNITY DEVELOPMENT FUND APPROPRIATIONS $26,000
STREET FUND
Personal [sic] Services $1,919
Materials & Services 7,955
Capital Outlay 15,560
Contingency 5,000
Unapp Ending Fund Balance 25,000
Total Street Fund Appropriations $55,434
STORM DRAINAGE - IMPROVEMENTS SDC
Material & Services 7,000
TOTAL STORM DRAINAGE IMPROVEMENTS SDC $7,000
WATER ENTERPRISE FUND
Water Utility Operations:
Personal [sic[ Services $8,470
Materials & Services 9,240
Debt Services 6,167
Transfers 4,000
Debt Service Contingency 1,550
Contingency 4,200
Water Utility Unrestricted Improvements:
Personal [sic] Services
Materials & Services 2,067
Capital Outlay 5,000
Transfer 8,500
Contingency 1,500
Water Utility Central Facilities Improvements SDC:
Unapp Ending Fund Balance $18,97718,660
Water Utility Central Facilities Reimbursement SDC:
Unapp Ending Fund Balance $9,240
Water Utility West View Special Area Improvements SDC:
Materials & Services $3,000
Capital Outlay 4,750
Contingency 1,050
Water Utility Village Special Area Improvements SDC:
Capital Outlay 6,000
Contingency 1,200
Water Utility Reserve 2002:
Capital Outlay $19,000
Total Water Enterprise Fund Appropriations $131,777
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, 1997 [sic]. The following allocations constitute the above Resolution Levying Ad Valorem Taxes:
PUBLIC SAFETY FUND
Street Lighting $2,480 3 year Serial Levy
Fire Defense $3,500 Tax Base