HomeMy WebLinkAboutCouncil Resolutions 1453 RESOLUTION NO. ILI 53
A RESOLUTION TO LEVY TAXES FOR THE FISCAL YEAR
JULY 1, 2016 THROUGH JUNE 3o, 2017
RECITALS:
A. Oregon statute (ORS 294.326) requires municipalities to prepare and adopt a
financial plan (budget) containing estimates of revenues and expenditures in
compliance with Oregon budget laws prior to making expenditures or tax
certification.
B. The City of Central Point changed from an annual to a biennial budget cycle in
June, 2015; therefore this coming fiscal year 2016/17 is the second period of the
2015/17 biennial budget.
C. A public hearing was duly held by the City Council of Central Point, Oregon on
June 11, 2015 and the biennial budget was adopted in the amount of$42,831,087.
The City of Central Point resolves as follows:
To levy taxes for the second period of the biennial budget beginning fiscal year July 1, 2016
and ending June 3o, 2017.
Section 1.
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 the fiscal period July 1, 2016 through June 3o, 2017, the rate of$4.47 per$1,000
of assessed valuation for general government purposes, as follows:
Subject to Not Subject to
General Funs( Measure 5 Limits Measure 5 Limits Total
Permanent rate limit $5.8328 $5.8328
ASSESSED LEVY $44700 $44700
Section ;. The Finance Director is hereby 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
on May a6, 2016.
Mayor Hank Williams
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City Recorder