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2024-178-Resolution No. 2024-019 Recorded 7/1/2024REVIEWED Recorded in Deschutes County CJ2024-178 r Steve Dennison, County Clerk f,....> Commissioners' Journal 07/01 /2024 11:58:41 AM LEGAL `COUNSEL 4('?�31E5 co� II I � I III I I"I II I I IIIIII I II' I III b'2 2024-178 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. 2024-019 Black Butte Ranch Service District Budget for Fiscal Year 2024-25. 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 2024-25 in the total sum of $2,647,431. 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 2024-25 adopted budget at the tax rate of $1.0499 per $1,000 of assessed value for operations; and $0.6500 per $1,000 of assessed value for local option tax; and that these taxes are hereby imposed and categorized for tax year 2024-25 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 $ .6500/$1,000 Section 3. That the amounts for the fiscal year beginning July 1, 2024, and for the purposes shown below, are hereby appropriated as follows: GENERAL FUND Public Safety $1,526,421 Contingency 350,000 Total District Appropriations $1,876,421 Total Unappropriated and Reserve Amounts $771,010 Total District Adopted Budget $2,647,431 PAGE 1 OF 2 — RESOLUTION NO.2024-019 Section 4. That the Deschutes County Chief Financial Officer make the appropriations as set out herein for the 2024-25 fiscal year. DATED this LV day of June, 2024. ATTEST: 1 Recording Secretary PAGE 2 OF 2 — RESOLUTION NO.2024-019 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE RANCH SERVICE DISTRICT -YnA--- " A" PATTI ADAIR, Chair ANTHONY DEBONE, Vice Chair PHIL CHANG, Commi loner MEETING DATE: June 24, 2024 SUB ACT: Public Hearing and consideration of Resolution No. 2024-019 adopting the Black Butte Ranch Service District FY 2024-25 Budget RECOMMENDED MOTION: Move approval of Resolution No. 2024-019 adopting the fiscal year 2024-25 Black Butte Service District budget in the sum of $2,647,431, imposing and categorizing ad valorem property taxes at the tax rate of $1.0499 per $1,000 of assessed value for operations and $0.6500 per $1,000 of assessed value for local option tax, and appropriating amounts set forth in the resolution. BACKGROUND AND POLICY IMPLICATIONS: The Budget Committee met May 20-23, 2024 and fulfilled its statutory obligations by approving the FY 2024-25 Proposed Budget as amended for the Black Butte Ranch Service District. State 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 ake changes to the approved budget by up to 10% of expenditures in each fund. There are no changes proposed to the approved budget. BUDGET IMPACTS: Approval of the resolution establishes the FY 2024-25 budget and levies ad valorem taxes. ATTENDANCE: Dan Emerson, Budget & Financial Planning Manager