Loading...
HomeMy WebLinkAboutResolution No. 25-23 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 25-23 A RESOLUTION OF THE CITY OF TIGARD ADOPTING THE APPROVED BUDGET, WITH ADJUSTMENTS,MAKING APPROPRIATIONS,DECLARING THE AD VALOREM TAX LEVY,AND CLASSIFYING THE LEVY AS PROVIDED BY ORS 310.060(2) FOR FISCAL YEAR 2026. WHEREAS, three hearings by the Tigard Budget Committee on the budget document,as proposed by the City Manager, were duly called and held on April 26, 2025, May 12, 2025 and May 19, 2025, where all interested persons were afforded an opportunity to appear and be heard with respect to the budget;and WHEREAS, the budget for the City of Tigard for the year beginning July 1, 2025 was duly approved and recommended to the City Council by the regularly constituted Budget Committee at its meeting on May 19,2025, after proceedings in accordance with Chapter 294,Oregon Revised Statutes;and WHEREAS,a summary of the budget as required by Chapter 294.438 was duly published in the Valley Times,a newspaper of general circulation in the city in accordance with Chapter 294.448;and WHEREAS, a hearing by the Tigard City Council on the budget document as approved by the Budget Committee,was duly called and held on June 17,2025,where all interested persons were afforded an opportunity to appear and be heard with respect to the budget; NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The council adopts the budget for FY 2025-26 as approved by council following the budget hearing on June 17,2025. SECTION 2: The amounts appropriated for each fund for the fiscal year beginning July 1, 2025, are shown on the attached—Exhibit A Schedule of Appropriations as approved by Budget Committee on May 19,2025 with adjustments made by council during the hearing on June 17,2025. SECTION 3: The City of Tigard City Council hereby imposes the taxes provided for in the adopted budget at the rate of$2.5131 per$1,000 of assessed value for its permanent rate tax;plus an additional $0.29 per$1,000 local option levy property tax;and in the amount of$2,587,000 for debt service on general obligation bonds; and that these taxes are hereby imposed and categorized for tax year 2025-26 upon the assessed value of all taxable property in the city as follows: General Government Limit Permanent rate tax $2.5131/$1,000 Local Option Levy Local Option Levy tax $0.29/$1,000 Excluded from Limit General Obligation Bond Debt Service $2,587,000 RESOLUTION NO.25-?,? Page 1 SECTION 4: This resolution is effective immediately upon passage. PASSED: This ` day of 3 Ul.i'N-e 2025. Mayor-City of Tigard A 1"1EST: City ecorder-City of Tigard RESOLUTION NO. 25-23 Page 2 EXHIBITA-SCHEDULE OF APPROPRIATIONS Budget Committee City Council Fund Program Proposed Changes Approved Changes Adopted 100-GENERAL FUND 53,388,788 143,635 53,532,423 - 53,532,423 105- MAYOR&COUNCIL 529,290 (17,250) 512,040 - 512,040 200- ENGAGEMENT&INNOVATION 11,025,339 160,885 11,186,224 - 11,186,224 300- INVESTMENT&INFRASTRUCTURE 6,972,235 - 6,972,235 - 6,972,235 400- POLICE 25,803,898 - 25,803,898 - 25,803,898 850- TRANSFERS OUT 7,676,912 - 7,676,912 - 7,676,912 880- CONTINGENCY 1,381,115 - 1,381,115 - 1,381,115 200-GAS TAX FUND 7,602,287 (465,725) 7,136,562 - 7,136,562 300- INVESTMENT&INFRASTRUCTURE 4,351,287 (465,725) 3,885,562 - 3,885,562 850- TRANSFERS OUT 3,251,000 - 3,251,000 - 3,251,000 205-CITY GAS TAX FUND 1,766,661 - 1,766,661 - 1,766,661 850-TRANSFERS OUT 1,766,661 - 1,766,661 - 1,766,661 207-TRANSPORTATION TNC FUND 100,993 - 100,993 - 100,993 850- TRANSFERS OUT 993 - 993 - 993 880- CONTINGENCY 100,000 - 100,000 - 100,000 210-TRANSIENT LODGING TAX FUND 415,260 95,000 510,260 - 510,260 200- ENGAGEMENT&INNOVATION 49,760 - 49,760 - 49,760 300- INVESTMENT&INFRASTRUCTURE 0 95,000 95,000 - 95,000 850- TRANSFERS OUT 365,500 - 365,500 - 365,500 212-TIGARD CET FUND 1,265,981 - 1,265,981 - 1,265,981 300- INVESTMENT&INFRASTRUCTURE 1,250,000 - 1,250,000 - 1,250,000 850-TRANSFERS OUT 15,981 - 15,981 - 15,981 220-ELECTRICAL INSPECTION FUND 265,554 - 265,554 - 265,554 850- TRANSFERS OUT 265,554 - 265,554 - 265,554 230-BUILDING FUND 4,043,373 - 4,043,373 - 4,043,373 300- INVESTMENT&INFRASTRUCTURE 3,929,347 - 3,929,347 - 3,929,347 880- CONTINGENCY 114,026 - 114,026 - 114,026 240-CRIMINAL FORFEITURE FUND 701,539 - 701,539 - 701,539 400- POLICE 700,000 - 700,000 - 700,000 850- TRANSFERS OUT 1,539 - 1,539 - 1,539 260-URBAN FORESTRY FUND 250,933 - 250,933 - 250,933 850- TRANSFERS OUT 250,933 - 250,933 - 250,933 270-PARK AND RECREATION FUND 6,130,717 (201,059) 5,929,658 - 5,929,658 300- INVESTMENT&INFRASTRUCTURE 5,956,826 (201,059) 5,755,767 - 5,755,767 880- CONTINGENCY 173,891 - 173,891 - 173,891 280-POLICE LEVY FUND 2,692,117 - 2,692,117 - 2,692,117 400- POLICE 2,621,472 - 2,621,472 - 2,621,472 880- CONTINGENCY 70,645 - 70,645 - 70,645 350-GO DEBT SERVICE FUND 2,457,929 - 2,457,929 - 2,457,929 700- DEBT SERVICE 2,457,929 - 2,457,929 - 2,457,929 400-FACILITIES FUND 9,615,000 - 9,615,000 - 9,615,000 800- CIP 9,615,000 - 9,615,000 - 9,615,000 405-TRANSPORTATION DEVELOPMENT TA) 2,383,098 - 2,383,098 - 2,383,098 850- TRANSFERS OUT 2,383,098 - 2,383,098 - 2,383,098 411-UNDERGROUND UTILITY FUND 31,933 - 31,933 - 31,933 850- TRANSFERS OUT 31,933 - 31,933 - 31,933 412-STREET MAINTENANCE FEE FUND 4,744,227 586,553 5,330,780 - 5,330,780 800- CIP 4,675,000 - 4,675,000 - 4,675,000 850- TRANSFERS OUT 69,227 586,553 655,780 - 655,780 415-TRANSPORTATION SDC FUND 4,287,899 - 4,287,899 - 4,287,899 850- TRANSFERS OUT 4,287,899 - 4,287,899 - 4,287,899 420-PARKS CAPITAL FUND 5,296,667 - 5,296,667 - 5,296,667 800- CIP 5,296,667 - 5,296,667 - 5,296,667 425-PARKS SDC FUND 2,665,076 - 2,665,076 - 2,665,076 850- TRANSFERS OUT 2,665,076 - 2,665,076 - 2,665,076 460-TRANSPORTATION CIP FUND 16,126,890 - 16,126,890 - 16,126,890 800- CIP 16,126,890 - 16,126,890 - 16,126,890 EXHIBIT A-SCHEDULE OF APPROPRIATIONS Budget Committee city Council Proposed Approved Adopted Fund Program Changes Changes 500-SANITARY SEWER FUND 8,044,378 (49,600) 7,994,778 - 7,994,778 300- INVESTMENT&INFRASTRUCTURE 3,384,878 (49,600) 3,335,278 - 3,335,278 800- CIP 702,500 - 702,500 - 702,500 850- TRANSFERS OUT 3,807,000 - 3,807,000 - 3,807,000 880- CONTINGENCY 150,000 - 150,000 - 150,000 510-STORMWATER FUND 11,748,955 (116,793) 11,632,162 - 11,632,162 300- INVESTMENT&INFRASTRUCTURE 4,132,955 (116,793) 4,016,162 - 4,016,162 800- CIP 6,654,000 - 6,654,000 - 6,654,000 850-TRANSFERS OUT 712,000 - 712,000 - 712,000 880- CONTINGENCY 250,000 - 250,000 - 250,000 530-WATER FUND 31,601,598 (493,701) 31,107,897 - 31,107,897 300- INVESTMENT&INFRASTRUCTURE 12,425,915 (493,701) 11,932,214 - 11,932,214 850-TRANSFERS OUT 18,445,646 - 18,445,646 - 18,445,646 880- CONTINGENCY 730,037 - 730,037 - 730,037 531-WATER SDC FUND 5,763,785 - 5,763,785 - 5,763,785 850-TRANSFERS OUT 5,763,785 - 5,763,785 - 5,763,785 532-WATER CIP FUND 16,370,000 - 16,370,000 - 16,370,000 800- CIP 16,370,000 - 16,370,000 - 16,370,000 533-WATER DEBT SERVICE FUND 7,207,646 - 7,207,646 - 7,207,646 700- DEBT SERVICE 7,207,646 - 7,207,646 - 7,207,646 600-CENTRAL SERVICES FUND 17,429,028 - 17,429,028 - 17,429,028 150-CITY RECORDER/RECORDS 526,626 - 526,626 - 526,626 160-CITY ATTORNEY 384,541 - 384,541 - 384,541 200- ENGAGEMENT&INNOVATION 6,051,209 - 6,051,209 - 6,051,209 300- INVESTMENT&INFRASTRUCTURE 9,967,971 - 9,967,971 - 9,967,971 700- DEBT SERVICE 498,681 - 498,681 - 498,681 605-INFORMATION TECH REPLACEMENT 339,005 - 339,005 - 339,005 300- INVESTMENT&INFRASTRUCTURE 309,005 - 309,005 - 309,005 880- CONTINGENCY 30,000 - 30,000 - 30,000 615-FACILITIES REPLACEMENT FUND 1,649,000 - 1,649,000 - 1,649,000 300- INVESTMENT&INFRASTRUCTURE 550,000 - 550,000 - 550,000 850- TRANSFERS OUT 1,099,000 - 1,099,000 - 1,099,000 630-PUBLIC WORKS ADMIN FUND 2,915,977 - 2,915,977 - 2,915,977 300- INVESTMENT&INFRASTRUCTURE 2,915,977 - 2,915,977 - 2,915,977 640-PUBLIC WORKS ENGINEERING FUND 5,885,252 - 5,885,252 - 5,885,252 300- INVESTMENT&INFRASTRUCTURE 5,885,252 - 5,885,252 - 5,885,252 650-FLEET/PROPERTY MANAGEMENT FUNC 3,731,364 - 3,731,364 - 3,731,364 300- INVESTMENT&INFRASTRUCTURE 3,441,364 - 3,441,364 - 3,441,364 850- TRANSFERS OUT 290,000 - 290,000 - 290,000 655-FLEET/VEHICLE REPLACEMENT 1,402,000 - 1,402,000 - 1,402,000 300- INVESTMENT&INFRASTRUCTURE 1,402,000 - 1,402,000 - 1,402,000 660-INSURANCE FUND 477,000 - 477,000 - 477,000 200- ENGAGEMENT&INNOVATION 477,000 - 477,000 - 477,000 980-LIBRARY FUND 220,046 - 220,046 - 220,046 850-TRANSFERS OUT 220,046 - 220,046 - 220,046 241,017,954 (501,690) 240,516,265 - 240,516,265 AU Funds 100-POLICY&ADMINISTRATION 1,440,457 (17,250) 1,423,207 - 1,423,207 200-ENGAGEMENT&INNOVATION 17,603,308 160,885 17,764,193 - 17,764,193 300-INVESTMENT&INFRASTRUCTURE 66,875,010 (1,231,878) 65,643,133 - 65,643,133 400-POLICE 29,125,370 - 29,125,370 - 29,125,370 700-DEBT SERVICE 10,164,256 - 10,164,256 - 10,164,256 800-CIP 59,440,057 - 59,440,057 - 59,440,057 850-TRANSFERS OUT 53,369,783 586,553 53,956,336 - 53,956,336 880-CONTINGENCY 2,999,714 - 2,999,714 - 2,999,714 $ 241,017,954 (501,690) $ 240,516,265 - 240,516,265