13-05 Budget
RESOLUTION 13-05
ADOPTING THE BUDGET
BE IT RESOLVED that the Board of Directors of the City of Sodaville hereby adopts the budget for fiscal year 2013-2014 in the total amount of $268,148. *
This budget is now on file at Sodaville City Hall, 30723 Sodaville Road in Lebanon, Oregon.
MAKING APPROPRIATIONS
BE IT RESOLVED that the amounts shown below are hereby appropriated for the fiscal year beginning July 1, 2013 for the following purposes:
GENERAL FUND
Personal Services 19,735
Material & Services 12,250
Capital Outlay $9,100
Debt Service 0
Transfers 0
Contingency 5,797
Total General Fund Appropriation $46,882
Debt Service
Debt Service 6,168
Total $6,168
Emergency 911 Services Fund
Materials & Services 1,500
Total $1,500
STREET FUND
Personal Service 22,875
Material & Services 20,750
Capital Outlay 50,000
Contingency 11,338
Total $104,963
WATER ENTERPRISE FUND
Personnel Services 49,250
Material & Services 30,100
Capitol Outlay 18,300
Contingency 10,985
Total $108,635
Total APPROPRIATIONS, All Funds $268,148
Total Unappropriated and Reserve Amounts, All Funds 0 *
TOTAL ADOPTED BUDGET $268,148
Imposing the Tax
BE IT RESOLVED that the following ad valorem property taxes are hereby imposed upon the assessed value of all taxable property within the district for tax year 2013-2014:
In the amount [sic] of $_____ OR at the rate of $0.4552/$1,000
In the amount of $_____ OR at the rate of $_____ per $1000 of assessed value for local option tax; and
In the amount of $_____ for debt service on general obligation bonds;
CATEGORIZING THE TAX
BE IT RESOLVED that the taxes imposed are hereby categorized for purposes of Article XI section 11b as:
Subject to the General Government Limitation
Permanent Rate Tax $_____ OR $_____ 0.4552/$1000
Local Option Tax $_____ OR $_____/$1000
Excluded from Limitation
General Obligation Bond Debt Service $_____
The above resolution statements were approved and declared adopted on June 20, 2013.