RESOLUTION No. 11-02

WHEREAS, the State of Oregon ORS 403.240 (11) requires each jurisdiction to submit accounting reports, and budget for funds received and expended for the purpose of the 9-1-1 Excise tax. This will require adding a Reserve Fund for the 9-1-1 Excise Tax.

NOW, THEREFORE LET IT BE RESOLVED THAT the City of Sodaville, City Council adds to the Budget starting in the 2011-2012 Fiscal Year a Reserve Fund, Titled, Emergency 911 Services Excise Tax Fund, for the purpose of tracking the revenue received and the expenditures turned over for the 9-1-1 emergency system within the jurisdiction of the City of Sodaville.

Passed by the Council this 19 day of May, 2011.