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1998-04868-Resolution No. 98-017 Recorded 2/4/1998REVIEW 9�_0 Esse 0163'2885 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY,;�LEGA OUNSEI A Resolution Declaring the Intention of Deschutes * County to Certify a tax rate in FY 1998-99 that is * 98 FEB `4 Phi 3' 16 less than the authorized permanent rate. *{r i�,t. V,:. CQ .I T'r (,LLRK RESOLUTION NO. 98-017 WHEREAS, Deschutes County voters approved a local option levy for Sheriff services to replace an expiring serial levy, consistent with provisions of Ballot Measure 50; and WHEREAS, the expiring serial levy existed in the 1995-96 tax year and was included in the state's computation of that base year's taxes, consistent with Measures 47 and 50; and, WHEREAS, the inclusion of the expiring Sheriffs serial levy Ballot Measure 50 calculations produced the unexpected result of increasing the property tax operating levies of most municipalities and districts in the county, although not the Sheriff's new levy, by an aggregate amount of approximately $4,200,000; and, WHEREAS, it is the desire of the Board of County Commissioners of Deschutes County to compensate Deschutes County taxpayers for the unexpected over collection of taxes; and, WHEREAS, the Deputy Oregon Legislative Counsel has issued a January 12, 1998 opinion advising that local taxing districts may not legally refund the collected taxes to taxpayers, but that local taxing districts may change their tax rate certification; then BE IT RESOLVED THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, hereby directs the Budget Officer to certify a tax rate in FY 1998-99 that is less than the authorized "permanent rate". This lower rate would be reduced to include compensation for the overcharge to Deschutes County taxpayers in FY 1997-98 and FY 1998-99 for the expired Sheriff serial levy, plus an amount for interest earnings on the overcharge in FY 1997-98. It is currently estimated that each year the overcharge for each affected district is approximately 6.1% of each district's total tax levy. It would, therefore, be appropriate under this strategy to certify for the 1998-99 fiscal year a tax rate of 87.8% of the permanent tax rate, plus 0.3% to compensate taxpayers for interest earnings related to the FY 1997-98 overcharge amount (total certified tax rate in FY 1998-99 of 87.5% of the permanent rate). The additional amount collected related to the over collection in FY 1997-98 shall be carried forward and included as beginning net working capital for FY 1993-99. Y,iy 0163-2886 BE 1T FURTHER RESOLVED this Board will support 1999 legislation to permanently correct these unexpected effects of Measure 50. DATED this 4th day of February, 1998, by the Deschutes County Board of Commissioners. ATTEST: Recording Secretary cy Pope S ange , Chair Ro L. Nipper, Commis er r - Linda L. Swearingen, Commissioner