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Resolution No. 24-16 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 24- b A RESOLUTION DECLARING THE CITY'S ELECTION TO RECEIVE STATE REVENUE SHARING. WHEREAS,State Revenue Sharing Law,ORS 221.770,requires cities to annually pass an ordinance or resolution requesting state revenue sharing money;and WHEREAS,the law mandates public hearings be held by the city and certification of these hearings is required; and WHEREAS,a public hearing was held on May 20,2024 at Budget Committee to receive State Revenue Sharing; and WHEREAS,in order to receive state revenue sharing in FY 2024-2025, the city must have levied property taxes the preceding year;and WHEREAS,the city did levy property taxes in FY 2023-2024. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: Pursuant to ORS 221.770, the city hereby elects to receive state revenue sharing for the fiscal year 2024-2025. SECTION 2: This resolution is effective immediately upon passage. ( rh PASSED: This I tiday of / 11 2024. Mayor-City of Tigard A I'LEST: (n( City Recorder-City of Tigard RESOLUTION NO. 24- 1 k Page 1