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Home My WebLink AboutCouncil Resolution 915RESOLUTION NO.~/ ~ A RESOLUTION ADOPTING A BUDGET FOR FISCAL YEAR JULY 1, 2001 TO JUNE 30, 2002, 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, 2001 on the approved budget for the City of Central Point, Oregon, for the fiscal year July 1, 2001 to June 30, 2002, and 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, 2001, to and including June 30, 2002. 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: GEl~ElaAL FiJh1l): The General Fund accounts for the administration, police, parks,. building and planning functions of the City. Principal sources of revenue 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 $ 2,382,446 Materials and Services 940,276 Transfers 792,500 Capital Outlay 99,750 T®TAL $ 4,214,972 1VI®T®I~ VEIIICLE TAX FUh1I): 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 accounts for use of these monies for general street right-of--way improvements, and maintenance. Personal Services $ 168,398 Materials and Services 240,950 Capital Outlay 1,088,000 T®TAL $ 1,497,348 ST ET AI'1'IJ1STEl~AI~CES FiTI~Ti): This fund consists of revenues received from the City's franchise taxes, permit fees, and investment income. The Street Appurtenances Fund accounts for the use of these monies for general street right-of--way improvements and maintenance. Personal Services $ 72,399 Materials and Services 254,000 Capital Outlay 1,245,000 T®TAI. $ 1,571,399 iTTII~ITI' FiJ~Ti): The Utility 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, salaries of personnel, and capital improvements for the Water Department. Personal Services $ 393,958 Materials and Services 917,000 Transfers 47,000 Capital Outlay 831,000 T®TAI, $ 2,1g~,95S ~VATEI~ SiJPPI~~' SDC FU1~I): This capital project fund consists of revenues received by the City from water supply systems development charges assessed on development and investment income. The water supply SDC revenues are used exclusively for the purchase of water for future water users.. Capital Outlay $ 0 'T®TAI, $ 0 ~VATEl~ I)ISTIgIEiJTI®~T Sl)C FITl~TI): 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 water projects included in the water system improvement plan. Capital Outlay $ 776,000 T®TAI, $ 776,000 PA SI)C FUhll): This capital project fund accounts forrevenue received by the City from park systems development charges assessed on development and investment income. The park SDC revenues are used exclusively for the acquisition and development of City parks. Capital Outlay $ 476,000 T®TAI, $ 476,000 i~'r~TEl~ SEI~V®IIt SI)C FLTl~ll): This capital project fund accounts for revenue received by the City from water reservoir systems development charges assessed on development and investment income. The water reservoir system development revenues can be used as a sinking fund for future construction of reservoirs and for retirement of the debt on the two-million gallon reservoir completed in FY 94-95. Debt Service $ 1,276,494 T®TAI, $ 1,276,494 STREET SDC JF'iJl®TI): This capital project fund accounts for revenue received by the City from street systems development charges 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 $ 766,000 T®TAL $ 766,000 IZESEItV®II~ L)E~T FIJI®TI): This is a "debt service" type fund. Resources come from transfers from the Utility Fund. Debt Service $ 0 T®TAL $ 0 ~A1~C12®FT ~®l~lI) I)EIVIPTI®l~l FiJl®TI): All general obligation improvement bonds have been retired for this fund. Assessment revenues from property owners benefitted by improvements will be transferred to the General Fund. Transfers $ 6,000 T®TAL $ 6,000 WATER LIME I)E~T FiJNI): This is a debt service type fund. Resources come from transfers form the Utility Fund. The first payment from this fund will occur in FY 2000/2001. Debt Service $ 7,400 T®TAL $ 7,400 LAI~1I) AC~ITISITI®l~l Al\TI) BITILI)Il~tG FiJl~II): 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 of City facilities and for maintenance and operation costs for certain rental properties. Personal Services $ 21,820 Materials and Services 97,400 Capital Outlay 125,000 T®TAL $ 244,220 EQLTIPIVIEI~IT ACQiTISITI®I~l FiTl~D: This special revenue type fund accumulates funds for the replacement of copying machnesand maj orcomputer/office equipment to be acquired in the future. Capital Outlay $ 80,000 T®TAL $ ~®,000 TELEPII®l~TE EXCISE TAX FiTl~TI): This special revenue type of fund pays for the City's share of the Enhanced 911 Program. Revenues are passed through directly to the City of Medford. Materials and Services $ 55,000 T®TAL $ 55,000 PUBLIC W® EQITIPiVIEl®iT IIEl~TAL FLTl®TI): 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 $ 91,939 Materials and Services 177,500 Capital Outlay 212,000 T®TAL ~ 481,439 IIABILITATI®I~1 ANTI) I)EVEL®P1V1E1®iT FIJI~TI): This special revenue type of fund accumulates revenues from lien payments on wood stove replacement loans. Revenues are transferred to 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. Capital Outlay $ 61,783 T®TAL $ 61,783 WATER I~SEI~V®II~ 12~PLACElVIE1~T FTJl~1i): 'This capital project fund receives revenues transferred from the Water Department -Utility Fund for the purpose of replacing the two million gallon reservoir completed in FY 94-95. No specific replacement date has been determined. Capital Outlay $ 0 T®TAL ~ 0 'T®TAL APPI~®PI~IATI®N -ALL FLTl~TI)S $13,689,828 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 2001-2002, the rate of $4.4699 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 T®TAL LEVY' $4.4699 $4.4699 Section 4. The Finance Director is hereby directed to enter each appropriation for each organizational unit, program and division of the budget separately on the proper books and records as prescribed bylaw, and is further directed to certify to the Assessor of Jackson County, Oregon, the levies of taxes of the City of Central Point, Oregon, and to take all other steps with regard to said. budget and levy as are required bylaw. Passed by the Council and signed by me in authentication of its passage this ~ ay of June, 2001. ~. Mayor Bill Walton A' City Representative Approved by me this o~day of June, 2001. ..Mayor Bill Walton