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HomeMy WebLinkAboutCouncil Resolutions 1830 RESOLUTION NO. A RESOLUTION TO ADOPT THE BUDGET; MAKE APPROPRIATIONS AND LEVY TAXES FOR THE BIENNIAL BUDGET PERIOD JULYi, 2025 THROUGH June 30, 2027 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. No increases were made to the proposed tax levy of the approved budget, nor were any budget estimates increased more than io% as limited by law. C. A public hearing was duly held by the City Council of Central Point, Oregon on June 26, 2025 for the approved biennial budget in the amount of$67,752,4io. The City of Central Point resolves as follows: To adopt the budget, make appropriations and levy taxes for the biennial budget period beginning July i, 2025 and ending June 3o, 2027. Section i. Taxes and other receipts of the City of Central Point are hereby appropriated for the purposes set forth below. Fund/Object Classification Appropriation General Fund General Fund-Administration 2,255,585 General Fund- City Enhancement 460,000 General Fund-Technical Services 1,728,595 General Fund- Mayor&Council 169,370 General Fund- Finance 1,766,25o General Fund- Parks 3,327,990 General Fund- Recreation 1,407,745 General Fund- Planning 1,307,715 General Fund- Police 13,275,725 General Fund- Interdepartmental 6,563,995 Total General Fund 32,262,97o Fund/Object Classification Appropriation Street Fund Street Fund - Operations/Capital Projects 7,798,86o Street Fund - SDC Capital Projects 58,000 Street Fund - Interdepartmental 2,620,760 Total Street Fund 10,477,620 Federal Stimulus Grant Fund Fed. Stimulus Grant Fund—Capital Projects 725,000 Total Federal Stimulus Grant Fund 725,000 Community Center Fund Community Center Fund - Personnel Services 235,245 Community Center Fund - Materials& Services 156,5o0 Community Center Fund—Capital Projects 165,000 Total Community Center Fund 556,745 Capital Improvements Fund Capital Improvements Fund - Park SDC Capital Projects 891,000 Capital Improvements Fund - Interdepartmental 466,500 Total Capital Improvements Fund 1,357,500 Reserve Fund Reserve Fund - Capital Projects 15o,000 Reserve Fund - Interdepartmental 831,000 Total Reserve Fund g81,000 Debt Service Fund Debt Service Fund - Debt Service 1,326,455 Debt Service Fund—Interdepartmental 23,1oo Total Debt Service Fund 1,349,555 Building Fund Building Fund - Personnel Services 932,935 Building Fund - Materials& Services 140,66o Building Fund - Interdepartmental 1,036,405 Total Building Fund 2,110,000 Fund/Object Classification Appropriation Water Fund Water Fund -Operations/Capital Projects 10,210,435 Water Fund -Interdepartmental 1,346,565 Total Water Fund 11,557,000 Stormwater Fund Stormwater Fund - Operations/Capital Projects 1,814,685 Stormwater Fund - Quality 214,000 Stormwater Fund -SDC Capital Projects 25,000 Stormwater Fund -Interdepartmental 588,635 Total Stormwater Fund 2,642,320 Internal Services Fund Internal Services Fund- Facilities Maintenance 598,000 Internal Services Fund- Public Works Administration 1,717,720 Internal Services Fund- Fleet Maintenance 1,207,835 Internal Services Fund- Interdepartmental 209,145 Total Internal Services Fund 3,732,700 Total All Funds $67,752,410 Section 2.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 biennial budget period which includes fiscal years 2025/26 through 2026/27, the rate of$4.47 per$i,000 of assessed valuation for general government purposes, as follows: Subject to Not Subject to General Government Measure 5 Limits Measure 5 Limits Total TOTAL LEVY $4.47 $4.47 Section 3. The Finance Director is hereby authorized 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 on June 26, 2025. Council President Hernandez ATTEST: City Recorder