Resolution No. 08-31 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 08-3 �
A RESOLUTION OF THE CITY OF TIGARD ADOPTING THE BUDGET, MAKING
APPROPRIATIONS, DECLARING THE AD VALORE-M TAX LEVY, CREATING TWO NEW
FUNDS AND CLASSIFYING THE LEVY AS PROVIDED BY ORS 310.060(2) FOR FISCAL
YEAR 2008-09.
WHERE AS, the budget for the City of Tigard for year beginning July 1, 2008 was duly approved and
recommended to the City Council by the regularly constituted Budget Committee at its meeting on
May 12, 2008, 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 Tunes, a newspaper of general circulation in the City in accordance with Chapter 294.421; and
WHEREAS, a hearing by the Tigard Budget Committee on the budget document, as proposed by the
City Manager, was duly called and held on May 12, 2008, where all interested persons were afforded an
opportunity to appear and be heard with respect to the budget; and
WHERI,--AS, a hearing by the 'Tigard City Council on the budget document as approved by the Budget
Committee, was duly called and held on June 10, 2008, where all interested persons were afforded an
opportunity to appear and be heard with respect to the budget, and
WHEREAS, a new fiend needs to be established to record the balances, revenues and expenditures
relating to tree replacement activities; and
WHEREAS, a new fund creeds to be established to record the balances, revenues and expenditures
relating to fiords held in trust by the City.
NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The Council adopts die budget for FY 2008-09 in the total amount of$90,716,681.
SECTION 2: The appropriations for the fiscal year beginning July 1, 2008 are established as
shown in attached Schedule of Appropriations.
SECTION '): The Tree Replacement Hund is created to track the balances, revenues and
expenditures for diose purposes.
SECTION 4: The Tigard Trust Fund is created to track the balances, revenues and expenditures
relating to funds held in trust by the City.
RESOLUTION NO. 08 -�
Page 1
SECTION 5: The City of Tigard City Council hereby unposes 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 $974,913 for bonds; and that these taxes are
hereby imposed and categorized for tax year 2008-09 upon the assessed value of all
taxable property in the City.
General Government Limit
General Fund $2.5131/$1,000
Excluded from L n-k
General Obligation Debt Fund $974,913
SECTION 6: This resolution is effective immediately upon passage.
tt�
PASSED: This�� day of i31.P i 2008.
l
Mayor - ity of Tigard
A"I' EST:
; 7 �
City Recorder- City of Tigard
RESOLUTION NO. 08 - !
Page 2
City of Tigard
2008-2009 Fiscal Year Annual Budget
Schedule of Appropriations
Budget
Committee Council
Proposed Changes Approved Changes Adopted
General Fund
Policy and Legislation 211,188 46,348 257,536
City Administration 388,063 388,063
Community Development 4,257,631 34,000 4,291,631
Community Services 15,733,524 40,600 15,774,124
Public Works 3.742.917 6,800 3.749,717
General Government
Indirect Expense Allocations 4,979.639 4,979,639
Loans to CCDA 380,000 380,000
Capital Outlay 590,245 320,600 910,845
Transfers Out 400,000 575,000 975.000
Contingency 1,000,000 1,000.000
Total General Fund 31,683,210 1,023,348 32,706,558
Gas Tax Fund
Community Development 520,025 12,240 532,265
Indirect Expense Allocations 180,445 180,445
Loans to CCDA
Capital Outlay 3,357,296 3,357,296
Transfers Out 1,235,685 1,235,685
Contingency 640,000 640,000
Total Gas Tax Fund 5,933,450 12,240 5,945,690
Electrical Inspection Fund
Transfers Out 179,526 179,526
Contingency 26,900 26,900
Total Electrical Inspection Fund 206,426 206,426
Criminal Forfeiture Fund
Transfers Out 10.000 10.000
Total Criminal Forfeiture Fund 10,000 10,000
Building Fund
Community Development 1,977,227 6,800 1,984,027
Indirect Expense Allocations 636,907 636,907
Capital Outlay
Transfers Out
Contingency 390,000 390,000
Total Building Fund 3,004,132 6,800 3,010,932
Urban Services TIF Fund
General Government 750,000 750,000
Capital Outlay
Transfers Out
Total Urban Services TIF Fund 750,000 750,000
Urban Services Fund
General Government 94,870 94,870
Total Urban Services Fund 94,870 94,870
Tree Replacement Fund
Capital Outlay 45.000 45,000
City of Tigard
2008-2009 Fiscal Year Annual Budget
Schedule of Appropriations
Budget
Committee Council
Proposed Changes Approved Changes Adopted
Total Tree Replacement Fund 45,000 45,000
Bancroft Bonds Debt Service
Debt Service 193,378 193,378
Contingency 29,000 29,000
Total Bancroft Bonds Debt Service 222,378 222,378
Tigard Triangle LID#1 Fund
Debt Service 100,000 100,000
Capital Outlay 2,200,000 2,200,000
Transfers Out 155,500 155,500
Total Tigard Triangle LID 91 Fund 2,455,500 2,455,500
Central Services Fund
City Administration 6,104,413 6,104,413
General Government
Capital Outlay
Contingency
Total Central Services Fund 6,104,413 6,104,413
Fleet/Property Management Fund
Public Works 1,453,571 1,453,571
Capital Outlay
Contingency
Total Fleet/Property Management Ft 1,453,571 1,453,571
Sanitary Sewer Fund
Public Works 739,489 24,480 763,969
Indirect Expense Allocations 304,563 304,563
Capital Outlay 1,555,000 10,000 1,565,000
Transfers Out
Contingency 370,000 370,000
Total Sanitary Sewer Fund 2,969,052 34,480 3,003,532
Stormwater Fund
Public Works 1,175,039 13,600 1,188,639
Indirect Expense Allocations 417,344 417.344
Capital Outlay 650,000 35,000 685.000
Transfers Out
Contingency 300,000 300,000
Total Stormwater Fund 2,542,381 48,600 2,590,981
Water Fund
Public Works 6,094,783 24,480 6,119,263
Indirect Expense Allocations 1,419,653 1,419,653
Capital Outlay 476,700 476,700
Transfers Out
Contingency
Total Water Fund 7,991,134 24,480 8,015,614
General Obligation Debt Srvc
Debt Service 974,913 974,913
Capital Outlay
City of Tigard
2008-2009 Fiscal Year Annual Budget
Schedule of Appropriations
Budget
Committee Council
Proposed Changes Approved Changes Adopted
Contingency 146,000 146,000
Total General Obligation Debt Srvc I,120,913 1,120,913
Capital Projects Fund
Capital Outlay
Total Capital Projects Fund
Traffic Impact Fee Fund
Indirect Expense Allocations 96,309 96,309
Loans to CCDA
Capital Outlay 2,365,000 2,365,000
Transfers Out
Contingency
Total Traffic Impact Fee Fund 2,461,309 2,461,309
Underground Utility Fund
Capital Outlay 300,000 300,000
Transfers Out
Contingency 45,000 45,000
Total Underground Utility Fund 345,000 345,000
Parks Capital Fund
Debt Service 278,053 278,053
Capital Outlay 1,633,956 (140,(]00) 1,493,956
Transfers Out
Contingency
Total Parks Capital Fund 1,912,009 (140,000) 1,772,009
Parks SDC Fund
Capital Outlay 1,612,985 91,900 1,704,885
Transfers Out
Total Parks SDC Fund 1,612,985 91,900 1,704,885
City Gas Tax Fund
Capital Outlay 1,150,000 1,150,000
Contingency
Total City Gas Tax Fund 1,150,000 1,150,000
Facilities Fund
Capital Outlay 539,321 30,000 569,321
Transfers Out 448,500 448,500
Contingency 80,800 (30,800) 50,000
Total Facilities Fund 620,121 447,700 1,067,821
Street Maintenance Fund
Indirect Expense Allocations 39,799 39,799
Capital Outlay 810,511 810,511
Transfers Out
Contingency 127,000 127,000
Total Street Maintenance Fund 977,309 977,309
Water Quality/Quantity Fund
Indirect Expense Allocations 25,736 25,736
City of Tigard
2008-2009 Fiscal Year Annual Budget
Schedule of Appropriations
Budget
Committee Council
Proposed Changes Approved Changes Adopted
Capital Outlay 640,000 640,000
Transfers Out
Contingency 100,000 100,000
Total Water Quality/Quantity Fund 765,736 765,736
Water SDC Fund
Capital Outlay 165,000 165,000
Transfers Out
Contingency
Total Water SDC Fund 165,000 165,000
Water CIP Fund
Capital Outlay 10,541,579 10,541,579
Contingency 1,581,i 50 1,581,150
Total Water CIP Fund 12,122,729 12,122,729
Trust Fund
Capital Outlay 448,500 448,500
Total Trust Fund 448,500 448,500
Total Appropriations 88,673,633 2,043,048 90,716,681