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2018-228-Resolution No. 2018-027 Recorded 6/20/2018REVIEWED awt LEGAL COUNSEL Recorded in Deschutes County Nancy Blankenship, County Clerk Commissioners' Journal A�i.:Yw,M •, II I I I'I I .....�� `t 2018-228 CJ2018-228 06/20/2018 2:17:10 PM For Recording Stamp On BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE RANCH SERVICE DISTRICT A Resolution Adopting the Budget, Levying Ad Valorem Taxes And Making Appropriations for the * RESOLUTION NO. 2018-027 Black Butte Ranch Service District Budget for Fiscal Year 2018-19. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE RANCH SERVICE DISTRICT, as follows: Section 1. That the Board of County Commissioners of Deschutes County, Oregon, acting as the governing body of the Black Butte Ranch Service District, hereby adopts the budget for the fiscal year 2018-19 in the total sum of $2,217,527. A copy of this budget document is available in the office of the Deschutes County Board of County Commissioners. Section 2. That the Board of County Commissioners of Deschutes County, Oregon, acting as the governing body of the Black Butte Ranch Service District, hereby imposes the ad valorem property taxes provided for in the 2018-19 adopted budget at the tax rate of $1.0499 per $1,000 of assessed value for operations; and $0.5500 per $1,000 of assessed value for local option tax; and that these taxes are hereby imposed and categorized for tax year 2018-19 upon the assessed value of all taxable property within the district as follows: General Government Excluded from Limitation Limitation Rate Levied within Permanent Tax Rate Limit $1.0499/$1,000 Local Option Tax Rate $ .5500/$1,000 Section 3. That the amounts for the fiscal year beginning July 1, 2018, and for the purposes shown below, are hereby appropriated as follows: GENERAL FUND Public Safety 1,198,800 Contingency 350,000 Total District Appropriations 1,548,800 PAGE 1 of 2 — RESOLUTION NO. 2018-027 (06/18/18) Total Unappropriated and Reserve Amounts 668,727 Total District Adopted Budget 2,217,527 Section 4. That the Deschutes County Finance Director make the appropriations as set out herein for the 2018-19 fiscal year. DATED this /day oJ�—, 2018. ATTEST: Re rding keeretary PAGE 2 of 2 — RESOLUTION NO. 2018-027 (06/18/18) BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE RANCH SERVICE DISTRICT ANTHONY DEBONE, Chair PHILIP G. HE ERSON, Vice Chair TAMMY BANEY, Co i issioner Deschutes County Board of Commissioners 1300 NW Wall St, Bend, OR 97703 (541) 388-6570 - Fax (541) 385-3202 - https://www.deschutes.org/ AGENDA REQUEST & STAFF REPORT For Board of Commissioners Business Meeting of June 18, 2018 DATE: June 12, 2018 FROM: Wayne Lowry, Finance, 541-388-6559 TITLE OF AGENDA ITEM: PUBLIC HEARING Consideration of Board Signature of Resolution No. 2018-027 Black Butte Ranch Service District FY 2019 Budget Adoption RECOMMENDATION & ACTION REQUESTED: No changes to the Budget Committee approved budget are recommended by staff. Staff recommends Board adoption of Resolution 2018-027. BACKGROUND AND POLICY IMPLICATIONS: The Budget Committee met the week of May 28 and fulfilled its statutory obligations by approving the proposed budget for Black Butte Ranch Service District. Statutes require the Board to hold a public hearing on the adoption of the budget as approved by the Budget Committee. The Board has the authority to make changes to the approved budget by up to 10% of expenditures in each fund. FISCAL IMPLICATIONS: Approval of the resolution establishes the fiscal year 2018-19 budget and levies ad valorem taxes. ATTENDANCE: Wayne Lowry