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Resolution No. 07-36 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 07-242 A RESOLUTION OF THE CITY OF TIGARD ADOPTING THE BUDGET, MAKING APPROPRIATIONS, DECLARING THE AD VALOREM TAX LEVY, AND CLASSIFYING THE LEVY AS PROVIDED BY ORS 310.060(2) FOR FISCAL YEAR 2007-08. WHEREAS, the budget for the City of Tigard for year beginning July 1, 2007 was duly approved and recommended to the City Council by the regularly constituted Budget Committee at its meeting on May 14, 2007, after proceedings in accordance with Chapter 294, Oregon Revised Statutes; and WHEREAS, a summary of the budget as required by Chapter 294.416 was duly published in the Tigard Times, a newspaper of general circulation in the City in accordance with Chapter 294.421; 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 12, 2007, where all interested persons were afforded an opportunity to appear and be heard with respect to the budget; and WHEREAS, a new fund needs to be established to record the revenues and expenditures relating to the City Gas Tax Fund. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The Council adopts the budget for FY 2007-08 in the total amount of$85,456,997. SECTION 2: The appropriations for the fiscal year beginning July 1, 2007 are established as shown in attached Exhibit A. SECTION 3: The City Gas Tax Fund is created to track revenue and expenditures for those purposes. SECTION 4: 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 general operations; and in the amount of $1,031,183 for bonds; and that these taxes are hereby imposed and categorized for tax year 2007-08 upon the assessed value of all taxable property in the City. General Government Limit General Fund $2.5131/$1,000 Excluded from Limit RESOLUTION NO. 0630 Page 1 General Obligation Debt Fund $1,031,183 SECTION 6: This resolution is effective immediately upon passage. PASSED: This day of _2007. May'or-7 City of Tigard ATTEST: City Recorder- City of Tigard RESOLUTION NO. 06 Page 2 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted General Fund Community Services $14,081,734 $26,478 $14,108,212 $0 $14,108,212 Public Works 3,092,493 (7,890) 3,084,603 0 3,084,603 Community Development 3,383,827 584 3,384,411 0 3,384,411 Policy and Administration 386,368 30,000 416,368 0 416,368 General Government 30,000 0 30,000 0 30,000 Debt Service 0 0 0 0 0 Loan to CCDA 80,000 0 80,000 0 80,000 Transfer 6,368,752 (110,875) 6,257,877 0 6,257,877 Capital Improvements 0 0 0 0 0 Contingency 1,000,000 0 1,000,000 0 1,000,000 Total Fund $28,423,174 ($61,703) $28,361,471 $0 $28,361,471 Sanitary Sewer Fund Community Services $0 $0 $0 $0 $0 Public Works 857,311 0 857,311 0 857,311 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 740,921 (3,204) 737,717 0 737,717 Capital Improvements 2,450,000 15,750 2,465,750 0 2,465,750 Contingency 496,000 104,000 600,000 0 600,000 Total Fund $4,544,232 $116,546 $4,660,777 $0 $4,660,777 Stormwater Fund Community Services $0 $0 $0 $0 $0 Public Works 851,021 0 851,021 0 851,021 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 395,273 (1,699) 393,574 0 393,574 Capital Improvements 360,000 12,000 372,000 0 372,000 Contingency 15,000 160,000 175,000 0 175,000 Total Fund $1,621,294 $170,301 $1,791,595 $0 $1,791,595 1 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Water Fund Community Services $0 $0 $0 $0 $0 Public Works 5,673,872 0 5,673,872 0 5,673,872 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 1,616,099 (12,869) 1,603,230 0 1,603,230 Capital Improvements 769,000 47,250 816,250 0 816,250 Contingency 700,000 0 700,000 0 700,000 Total Fund $8,758,971 $34,381 $8,793,352 $0 $8,793,352 Water CIP Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 .0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 6,235,000 0 6,235,000 0 6,235,000 Contingency 935,250 0 935,250 0 935,250 Total Fund $7,170,250 $0 $7,170,250 $0 $7,170,250 Water Quality/Quantity Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 44,938 (192) 44,746 0 44,746 Capital Improvements 480,000 105,000 585,000 0 585,000 Contingency 72,000 18,000 90,000 0 90,000 Total Fund $596,938 $122,808 $719,746 $0 $719,746 2 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Water SDC Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 950,000 0 950,000 0 950,000 Capital Improvements 247,000 0 247,000 0 247,000 Contingency 37,000 0 37,000 0 37,000 Total Fund $1,234,000 $0 $1,234,000 $0 $1,234,000 Building Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 1,822,839 (316) 1,822,523 0 1,822,523 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 544,474 (9,921) 534,552 0 534,552 Capital Improvements 0 0 0 0 0 Contingency 278,150 71,850 350,000 0 350,000 Total Fund $2,645,463 $61,613 $2,707,075 $0 $2,707,075 City Gas Tax Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 500,000 0 500,000 0 500,000 Contingency 75,000 0 75,000 0 75,000 Total Fund $575,000 $0 $575,000 $0 $575,000 3 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Criminal Forfeiture Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 50,000 0 50,000 0 50,000 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 Total Fund $50,000 $0 $50,000 $0 $50,000 Electrical Inspection Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 387,804 (1,822) 385,982 0 385,982 Capital Improvements 0 0 0 0 0 Contingency 59,000 (1,500) 57,500 0 57,500 Total Fund $446,804 ($3,322) $443,482 $0 $443,482 Gas Tax Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 472,000 0 472,000 0 472,000 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 437,500 (75,000) 362,500 0 362,500 Transfer 1,702,161 (3,754) 1,698,408 0 1,698,408 Capital Improvements 2,352,500 (1,625,000) 727,500 25,000 752,500 Contingency 15,000 485,000 500,000 0 500,000 Total Fund $4,979,161 ($1,218,754) $3,760,408 $25,000 $3,785,408 4 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Insurance Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 Total Fund $0 $0 $0 $0 $0 Parks SDC Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 2,221,697 0 2,221,697 0 2,221,697 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 Total Fund $2,221,697 $0 $2,221,697 $0 $2,221,697 Street Maintenance Fee Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 136,550 0 136,550 0 136,550 Capital Improvements 800,000 0 800,000 0 800,000 Contingency 80,000 0 80,000 0 80,000 Total Fund $1,016,550 $0 $1,016,550 $0 $1,016,550 5 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Traffic Impact Fee Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 267,500 0 267,500 0 267,500 Transfer 199,101 (907) 198,194 0 198,194 Capital Improvements 1,967,500 (410,000) 1,557,500 267,686 1,825,186 Contingency 295,125 4,875 300,000 0 300,000 Total Fund $2,729,226 ($406,032) $2,323,194 $267,686 $2,590,880 Traffic Impact Fee Urban Services Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 575,261 0 575,261 0 575,261 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 22,787 0 22,787 0 22,787 Capital Improvements 240,000 0 240,000 0 240,000 Contingency 0 0 0 0 0 Total Fund $838,048 $0 $838,048 $0 $838,048 Underground Utility Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 25,000 0 25,000 0 25,000 Capital Improvements 300,000 0 300,000 0 300,000 Contingency 30,000 0 30,000 0 30,000 Total Fund $355,000 $0 $355,000 $0 $355,000 6 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Urban Services Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 42,300 0 42,300 0 42,300 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 Total Fund $42,300 $0 $42,300 $0 $42,300 Bancroft Bond Debt Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 943,412 0 943,412 0 943,412 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 Total Fund $943,412 $0 $943,412 $0 $943,412 General Obligation Bond Debt Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 972,814 0 972,814 0 972,814 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 0 0 0 0 0 Contingency 0 0 0 0 0 Total Fund $972,814 $0 $972,814 $0 $972,814 7 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Changes Adopted Facility Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 2,019,486 16,500 2,035,986 0 2,035,986 Contingency 296,170 0 296,170 0 296,170 Total Fund $2,315,656 $16,500 $2,332,156 $0 $2,332,156 Parks Capital Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 280,273 0 280,273 0 280,273 Loan to CCDA 0 0 0 0 0 Transfer 422,620 0 422,620 0 422,620 Capital Improvements 3,813,020 0 3,813,020 0 3,813,020 Contingency 500,000 0 500,000 0 500,000 Total Fund $5,015,913 $0 $5,015,913 $0 $5,015,913 Central Services Fund Community Services $0 $0 $0 $0 $0 Public Works 0 0 0 0 0 Community Development 0 0 0 0 0 Policy and Administration 4,897,067 (140,625) 4,756,442 0 4,756,442 General Government 1,913,301 0 1,913,301 0 1,913,301 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 0 0 0 0 0 Contingency 700,000 0 700,000 0 700,000 Total Fund $7,510,368 ($140,625) $7,369,743 $0 $7,369,743 8 Schedule of Appropriations Fiscal Year 2007-08 Resolution No. Budget Committee Council Fund Program Proposed Changes Approved Chanes Adopted Fleet/Property Management Fund Community Services $0 $0 $0 $0 $0 Public Works 1,386,327 0 1,386,327 0 1,386,327 Community Development 0 0 0 0 0 Policy and Administration 0 0 0 0 0 General Government 0 0 0 0 0 Debt Service 0 0 0 0 0 Loan to CCDA 0 0 0 0 0 Transfer 0 0 0 0 0 Capital Improvements 0 0 0 0 0 Contingency 80,000 0 80,000 0 80,000 Total Fund $1,466,327 $0 $1,466,327 $0 $1,466,327 Total Appropriations $86,472,598 ($1,308,287) $85,164,311 $292,686 $85,456,997 9