HomeMy WebLinkAboutCouncil Resolution 1147~, <.
RESOLUTION NO. ~ (y~
A RESOLUTION ADOPT{NG A BUDGET FOR FISCAL
YEAR JULY 1, 2007 TO JUNE 30, 2008,
MAKING APPROPRIATIONS AND LEVYING TAXES
WHEREAS, a public hearing was duly and regularly held by the City Council of Central
Point, Oregon, on the 14th day of June, 2007 on the approved budget for the City of Central
Point, Oregon, for the fiscal year July 1, 2007 to June 30, 2008; and whereas consideration was
given to matters discussed at said public hearing and no increases were made to the proposed
tax levy of the approved budget, nor were any budget estimates increased more than 10% as
limited by law;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF CENTRAL POINT,
OREGON, AS FOLLOWS:
Section 1. The budget heretofore approved by the Budget Committee of the City of
Central Point, now on file in the office of the City Finance Director, is hereby ratified and adopted
as the budget for the City of Central Point, Oregon, for the fiscal year July 1, 2007, to and
including June 30, 2008.
Section 2. The taxes and other receipts of the City of Central Point, Oregon, for said fiscal
year, are hereby appropriated for the purposes set forth below:
GENERAL FUND: The General Fund accounts for the administration, finance, parks, and
recreation, planning and police functions of the City. Principal sources of revenue consist of
license and permit fees, grants from other governmental agencies, charges for services, court
fines, franchised taxes, and property tax levies. Major expenditures provide for personal
services, materials and services, capital outlay, and transfers to other funds.
General Fund
Administration 552,000
City Enhancement 115,000
Technical Services 383,000
Mayor & Council 94,000
Finance 782,000
Parks 917,500
Recreation 489,500
Planning 605,000
Police 3,417,000
Transfers Out 5,000
Contingency 358,000
Interdepartmental 120,000
_
Total General Fund $7,838,000
STREET FUND: This fund consists of revenues received from the City's share of the
State of Oregon's gas tax revenues, street system development charges and grants.
Expenditures are for street and street right of way maintenance, and capital improvements.
Street Fund
Capital Projects/Debt
Financed 1,803,000
Contingency 300,000
Operations 1,598,000
SDC Streets 598,000
Total Street Fund $4,299,000
HOUSING FUND: This special revenue type of fund accumulates revenues from lien
payments on wood stove replacement loans. Revenues may be transferred to the General Fund
or used for housing rehabilitation and community development purposes subject to the
requirements of the Community Development Block Grant Program.
Housing Fund
Materials & Services 4,600
Capital Outlay 66,400
Transfers Out 25,000
Total Housing Fund $96,000_
CAPITAL IMPROVEMENT FUND This fund accounts for the purchase or construction
of major capital improvements which are not financed by an enterprise fund.
Capital Improvement Fund
Capital Imp Fund -Recreation Ctr 114,000
Capital Imp Fund -SDC Parks 370,000
Capital Imp Fund - CP/City Hall 88,000
Contingency 236,000
Total Capital Improvement Fund $808,000
BUILDING FUND: The fund accounts for activities and revenues generated from
building, electrical, mechanical, plumbing inspections and plan reviews. Revenues generated
from services fully sustain the fund. Expenditures are for costs of operations including personnel
costs.
Building Fund
Total Personnel Services 342,700
Total Materials & Services 198,300
Total Contingency 50,000
Total Building Fund $591,000
DEBT SERVICE FUND: The fund accounts for debt service on various city financings
such as leased equipment, local improvements districts, and the city hall building. Resources
are from building rental, assessment payments and transportation grants.
Debt Service Fund
Total Debt Service $577,000
WATER FUND: The fund accounts for the management of the city's water resources and
facilities. Revenues are derived from billings to utility users. Expenditures are for costs of
operations and capital improvements for the Water Division.
Water Fund
Capital Projects/Debt Financed 663,000
Contingency 250,000
Operations 2,558,000
SDC Water Improvements 624,000
Total Water Fund $4,095,000
STORMWATER FUND: The fund accounts for the management of the city's stormwater
system. Revenues are derived from billings to utility users. Expenditures are for costs of
operations and capital improvements for the stormwater Division.
stormwater Fund
Contingency 50,000
Operations 660,900
stormwater SDC 53,500
Total stormwater Fund $764,400
PUBLIC WORKS SERVICES FUND: This internal service fund accounts for facilities
maintenance, public works administration, engineering services, fleet maintenance and
replacement services for other departments and divisions of the City. Revenues are from
charges for services. Equipment rental, building rental and public works overhead is charged to
cover the costs of the services provided.
Public Works Service Fund
Facilities Maintenance 232,000
Public Works Administration 750,000
Fleet Maintenance 484,000
Contingency 61,000
Total PW Service Fund $1,527,000
Section 3. As authorized by law and the Charter of the City of Central Point, Oregon,
there is hereby levied upon the taxable property of said city as shown on the tax rolls of Jackson
County, Oregon, for fiscal year 2007-08, the rate of $4.47 per $1,000 of assessed valuation for
general government purposes, as follows:
Subject to Not Subject to
General Fund Measure 5 Limits Measure 5 Limits Total
Permanent rate limit tax 5.8328 5.8328
TOTAL LEVY $4.47 $4.47
Section 4. The Finance Director is hereby directed to enter the appropriation for each
organizational unit, program, and division of the budget separately on the proper books and
records as prescribed by law; and is further directed to certify to the Assessor of Jackson
County, Oregon, the levy of taxes of the City of Central Point, Oregon, and to take all other steps
with regard to said budget and levy as required by law.
Passed by the Council and signed by me in authentication of its passage this 1~- day of
June, 2007.
_ ~
_ Mayor Hank Williams
ATTEST:
City Recorder
Approved by me this ~~ay of June, 2007
4
Mayor Hank Williams
Approved as to Form
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