99-03 Budget

RESOLUTION NO. 99-03

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, 1999 AND ENDING JUNE 30, 2000.

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, 1999 and ending June 30, 2000, 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 $3,924 be made against all taxable property within the City of Sodaville in general as of 12:01 am, July 1, 1999, 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, 1999 and ending June 30, 2000: 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 $ 3,924

Bonded Debt Fund 0.00

Category Total $3,924

Total Levy $ 3,924

Excluded from the Limitations

General 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fund titles as set forth in the attached Exhibit “A" are hereby adopted, and any fund titles in conflict therewith are repealed.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 27, 1999, for 1999-2000, in the sum of $241,526 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, 1999 and for the purposes shown below are hereby appropriated as follows:

GENERAL FUND

Personal [sic] Services $14,759

Materials & Services 12,500

Capital Outlay 850

Contingency 1,200

TOTAL GENERAL FUND APPROPRIATIONS $29,309

COMMUNITY DEVELOPMENT FUND

Capital Outlay 4,666

Transfer 10,000

TOTAL COMMUNITY DEVELOPMENT FUND APPROPRIATIONS $14,666

STREET FUND

Personal Service $3,288

Materials & Services 18,820

Capital Outlay 24,000

Contingency 5,500

Total Street Fund Appropriations $51,608

STORM DRAINAGE - IMPROVEMENTS SDC

Materials & Services 9,800

TOTAL STORM DRAINAGE IMPROVEMENTS SDC $9,800

WATER ENTERPRISE FUND

Water Utility Operations:

Personal [sic[ Services $9,743

Materials & Services 12,863

Capital Outlay 250

Debt Services 6,167

Transfers 2,100

Debt Service Contingency 1,550

Contingency 3,500

Water Utility Unrestricted Improvements:

Capital Outlay 1,800

Contingency 4,000

Water Utility Central Facilities Improvements SDC:

Unapp Ending Fund Balance 26,870

Water Utility Central Facilities Reimbursement SDC:

Contingency 10,000

Unapp Ending Fund Balance 1,000

Water Utility High Level Special Area Improvements SDC:

Materials & Services $4,800

Capital Outlay 8,800

Contingency 1,800

Water Utility Low Level Area Improvements SDC:

Transfer 4,600

Contingency 2,000

Water Utility Reserve 2002:

Materials & Services 3,500

Capital Outlay $27,100

Contingency 4,500

Total Water Enterprise Fund Appropriations $136,143

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, 2000 [sic]. The following allocations constitute the above Resolution Levying Ad Valorem Taxes:

PUBLIC SAFETY FUND

Fire Defense $3,924 Tax Base

Passed by the Council this 29 day of June, 1999.