98-02 Budget
RESOLUTION NO 98-2
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, 1998 AND ENDING JUNE 30, 1999.
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, 1998 and ending June 30, 1999, 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 $3,588 be made against all taxable property within the City of Sodaville in general as of 12:01 am, July 1, 1998, 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, 1998 and ending June 30, 1999: 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 $ 3,588
Serial Levy Fund 0
Bonded Debt Fund 0
Category Total $3,588
Total Levy $ 3,588
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fund titles as set forth in the attached Exhibit “A" are hereby adopted, and any fund titles in conflict therewith are repealed.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 28, 1998, for 1998-1999, in the sum of $262,302 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, 1998 and for the purposes shown below are hereby appropriated as follows:
GENERAL FUND
Personal Services $13,883
Materials & Services 9,825
Capital Outlay 600
Contingency 1,100
TOTAL GENERAL FUND APPROPRIATIONS $25,408
COMMUNITY DEVELOPMENT FUND
Materials & Services 2,122
Capital Outlay 26,500
Transfer 15,000
TOTAL COMMUNITY DEVELOPMENT FUND APPROPRIATIONS $43,622
STREET FUND
Personal [sic] Services $1,573
Materials & Services 10,441
Capital Outlay 18,500
Contingency 3,812
Total Street Fund Appropriations $34,326
STORM DRAINAGE - IMPROVEMENTS SDC
Materials & Services 9,000
TOTAL STORM DRAINAGE IMPROVEMENTS SDC $9,000
WATER ENTERPRISE FUND
Water Utility Operations:
Personal [sic[ Services $9,991
Materials & Services 12,363
Capital Outlay 250
Debt Services 6,167
Transfers 4,500
Debt Service Contingency 1,550
Contingency 2,000
Water Utility Unrestricted Improvements:
Materials & Services 750
Capital Outlay 7,700
Contingency 3,500
Water Utility Central Facilities Improvements SDC:
Unapp Ending Fund Balance 23,370
Water Utility Central Facilities Reimbursement SDC:
Contingency 10,305
Water Utility High Level Special Area Improvements SDC:
Materials & Services $800
Capital Outlay 3,950
Contingency 2,250
Water Utility Low Level Area Improvements SDC:
Materials & Services 1,750
Capital Outlay 18,500
Transfer 8,750
Water Utility Reserve 2002:
Materials & Services 2,500
Capital Outlay $24,500
Contingency 4,500
Total Water Enterprise Fund Appropriations $149,946
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, 1999 [sic]. The following allocations constitute the above Resolution Levying Ad Valorem Taxes:
PUBLIC SAFETY FUND
Fire Defense $3,588 Tax Base