HomeMy WebLinkAboutCouncil Resolutions 1540 RESOLUTION NO. I Sift)
A RESOLUTION TO LEVY TAXES FOR THE FISCAL YEAR
JULY 1, 2018 THROUGH JUNE 3o, 2019
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 2018/19 is the second period of the 2017/19 biennial
budget
C. A public hearing was duly held by the City Council of Central Point, Oregon on June 8,
2017 and the biennial budget was adopted in the amount of$49,991,429.
The City of Central Point resolves as follows:
To levy taxes for the second period of the biennial budget beginning fiscal year July 1, 2018 and
ending June 3o, 2019.
Section i.
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, 2018 through June 30, 2019, the rate of$4.47 per si,000 of assessed valuation for
general government purposes, as follows:
Subject to Not Subject to
General Fund Measure c limits Measure c limits Total
Permanent rate limit $5.8328 $5.8328
ASSESSED LEVY $4.4700 $4.4700
Section 2. 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 this / 4
Day of June, 2018.
/ Mayor Hank Williams
ATTEST:
City Recorder