21-978-Resolution Recorded 3/3/1976IN THE BOARD OF COUNTY COMMISSIONERS
OF THE STATE OF OREGON
FOR THE COUNTY OF DESCHUTES
In the Matter )
of )
Forest Receipt Funds )
R E S O L U T I O N
VOL FADE
IT IS HEREBY RESOLVED by the Board of Commissioners
of Deschutes County that the following formula will be used
in the distribution of Forest Receipt monies to the incorporated
cities in Deschutes County.
FORMULA FOR SHARING
ROAD DEPARTMENT'S NET
FOREST RECEIPTS
The first $500,000.00 will be retained by Deschutes
County.
The next $500,000.00 will be shared on a 60% county -
40% cities basis.
Net Forest Receipts over $1,000,000.00 will be shared
on a 80% county -20% cities basis.
The amount to be disbursed shall be based on a one year
(four quarter) share and shall be expended in compliance
with ORS 373.260.
This formula may be reviewed annually by the Board
of Commissioners as to the procedure and distribution percentage
to the cities.
Distribution percentage to the cities will be:
Bend 67%, Redmond 25Z%, and Sisters 7h%.
DATED this 3rd day of March, 1976.
BOARD OF COMMISSIONERS
CHAIRMAN
ONER