HomeMy WebLinkAboutCouncil Resolution 880RESOLUTION N0.880
A RESOLUTION ADOPTING A BUDGET FOR FISCAL
YEAR JULY 1, 2000 TO JUNE 30, 2001,
MAKING APPROPRIATIONS AND LEVYING TAXES
WHEREAS, a public hearing was duly and regularly held by the City Council ofCentral Point,
Oregon, on the 8th day ofJune, 2000 on the approved budget forthe City ofCentral Point, Oregon, for
the fiscal yeaz July 1, 2000 to June 30, 2001, and consideration was given to matters discussed at said
public hearing and no increases were made to the proposed tax levy ofthe approved budget, nor were any
budget estimates increased more than 10% as limited bylaw.
NOW, THEREFORE, BE IT RESOLVED BY "fHE CITY OF CENTRAL POINT, OREGON,
AS FOLLOWS:
Section 1. The budgetheretofore approved bythe Budget Committee oftlre City ofCentral 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, 2000, to and including June 30,.2001.
Section 2. The taxes and other receipts ofthe City of Central. Point, Oregon, for said fiscal year,
are hereby appropriated for the purposes set forth below:
GENERAL FUND: The General Fund accounts forthe administration, police, fire protection,
parks, building and planning functions ofthe City. Principal sources ofrevenue consist of license and permit
fees, grants from other governmental agencies, and property tax levies. Major expenditures provide for
personal services,. materials and services, capital outlay,. and transfers to other funds.
Personal Services $ 2,093,472
Materials and Services 1,454,666
Transfers 757,780
Capital Outlay 233,000
TOTAL $ 4,538,918
MOTOR VEHICLE TAX FUND: This fund consists of revenues received from the City's share
of the State of Oregon's motor vehicle use and fuel tax revenues and investment income. The Motor
Vehicle Tax Fund accountsfor use ofthese monies for general street right-of--way improvements, and
maintenance.
Personal Services $ 163,901
Materials and Services 268,250
Capital Outlay 283,500
TOTAL $ 715,651
STREET APPURTENANCES FUND: This fund consists. ofrevenues received from the City's
franchise taxes, pemut fees, and investment income. The Street Appurtenances Fund accounts for the use
ofthese monies for general street right-of--way improvements and maintenance.
Personal Services $ 73,045
Materials and Services 192,180
Capital Outlay 891,000
TOTAL $ 1,1.56,225
UTILITY FUND: The Utility Fund accounts for the management of the City' s waterresources
and facilities. Revenues aze derived from billings to utility users. Expenditures aze for costs of operations,
salaries of personnel, and capital improvements for the Water Department.
Personal Services $ 389,946
Materials and Services 807,000
Transfers 188,500
Capital Outlay 384,000
TOTAL $ 1,769,446
WATER SUPPLY SDC FUND: This capital project fund consists ofrevenues received bythe
City from water supply systems development chazges assessed on development and investment income.
The water supply SDC revenues aze used exclusively for the purchase of water for future water users.
Capital Outlay $ 0
TOTAL $ 0
WATER DISTRIBUTION SDC FUND: This capital project fund accounts for revenue
received by the City from water distribution systems development charges assessed on development and
investment income. The water distribution system SDC revenues are used exclusively for waterproj ects
included in the water system improvement plan.
Capital Outlay $ 518,000
TOTAL $ 518,000
PARK SDC FUND: This capital project fund accounts for revenueaeceived by the City from
park systems development chazges assessed on development and investment income. The park SDC
revenues are used exclusively for the acquisition and development of City parks.
Capital Outlay $ 563.000
TOTAL $ 563,000
WATER RESERVOIR SDC FUND: This capital project fund accounts for revenue received
by the City from water reservoir systems development chazges assessed on development and investment
income. The water reservoir system development revenues can be used as a sinking fund for future
construction ofreservoirs and for retirement ofthedebt onthetwo-million gallonreservoir completed in
FY 94-95.
Capital Outlay $ 0
TOTAL $ 0
STREET SDC FUND: This capital proj ect fund accounts for revenue received by the City from
street systems development chazges assessed on development and investment income, The street system
development revenues are used for expanding the capacity and development of the City's arterial street
system.
Capital Outlay $ 517,000
TOTAL $ 517,000
RESERVOIRDEBT FUND: This is a "debt service" type fund. Resources come fromtransfers
from the Utility Fund.
Debt Service $ 141,500
TOTAL $ 141,500
BANCROFT BOND REDEMPTION FUND: All general obligation improvementbondshave
been retiredforthisfund. Assessmentrevenuesfrompropertyownersbenefittedbyimprovementswillbe
transferred to the General Fund.
Transfers $ 6.000
TOTAL $ 6,000
WATERLINE DEBT FUND: This is a debt service type fund. Resources come fromtransfers
form the Utility Fund. The first payment from this fund will occur in FY 2000/2001.
Debt Service $ 7,400
TOTAL $ 7,400
LAND ACQUISITION AND BUILDING FUND: This special revenue type of fund.
accumulates funds received from the General Fund and property rental income to be used for land
acquisition, construction, remodeling and expansion ofCity facilities and formaintenance and operation
costs for certain rental properties.
Personal Services $ 25,165
Materials and Services 85,800
Capital Outlay 76,500
TOTAL $ 187,465
EQUIPMENT ACQUISITION FUND: This special revenue type fund accumulatesfunds for
the replacement of copying machines and major computer/office equipment to be acquired in the future.
Capital Outlay $ 44.000
TOTAL $ 44,000
TELEPHONE EXCISE TAX FUND: This special revenue type of fund pays for the City's shaze
of the Enhanced 911 Program. Revenues are passed through directly to the City of Medford.
Materials and Services $ 60,000
TOTAL $ 60,000
PUBLIC WORKS EQUIPMENT RENTAL FUND: This internal. service type of fund charges
other funds equipment rental rates and uses the proceeds for the maintenance and purchase of equipment
and buildings that support Public Works activities.
Personal Services $ 91,556
Materials and Services 237,550
Capital Outlay 262,900
TOTAL $ 592,006
REHABILITATION AND DEVELOPMENT FUND: This special revenue type of fund
accumulates revenuesfromlienpaymentsonwoodstovereplacementloans. Revenuesazetransferredto
the General Fund and may be used for housing rehabilitation and community development purposes subject
to the requirements of the Community Development Block Grant Program.
Materials and Services $ 31,783
Transfers 20,000
TOTAL $ 51.,783
WATERRESERVOIRREPLACEMENTFUND:Thiscapitalprojectfundreceives revenues
transferred from the Water Department -Utility Fund for the purpose ofreplacing the two nullion gallon
reservoir completed in FY 94-95. No specific replacement date has been determined.
Capital Outlay
TOTAL
$ 0
$ 0
TOTAL APPROPRIATION -ALL FUNDS
$ 10,868,394
Section 3. As authorized by law and the Charter ofthe City ofCentral 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 2000-2001, the sum of $2,585,000 for General Government purposes, as follows:
Subject to Not Subject to
General Fund Measure 5 Limits Measure 5 Limits Total
Permanent rate limit tax $2,585,000 $2585,000
TOTAL LEVY $2,585,000 $2,585,000
Section 4. The Finance Director is hereby directed to enter each appropriation for each
organizational unit, program and division ofthe budget separately on the proper books and records as
prescribed by law, and is further duetted to certify to the Assessor ofJackson County, Oregon, the levies
oftaxes ofthe City of Central Point, Oregon, and to take alI other steps with regazd to said budget and levy
as are required by law.
Passed by the Council and signed by me in authentication of its passage this ~~day of
June, 2000.
ATTEST
City Representative
Approved by me this d day of June, 2000.
/~ ~,
LMayor Bill Walton
..Mayor Bill Walton