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HomeMy WebLinkAboutRes 080 - Levy Taxes - Bend Library CSD - CopyDeschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701-1960 (541) 388-6570 -Fax (541) 385-3202 -www.deschutes.org AGENDA REQUEST & STAFF REPORT For Board Business Meeting of June 18, 2012 Please see directions for completing this document on the next page. DATE: June 11,2012 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Resolution 2012-080. Levying Ad Valorem Taxes for Fiscal Year 2012-13 and Making Appropriations of the Bend Library County Service District Budget for Fiscal Year 2012-13. PUBLIC HEARING ON THIS DATE? YES BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution No. 2012-080 to levy ad valorem taxes for Fiscal Year 2012-13 and make appropriations within the Bend Library County Service District Budget for Fiscal Year 2012-13. FISCAL IMPLICATIONS: Budget adoption RECOMMENDATION & ACTION REQUESTED: Adoption of the Resolution ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 (4 Copies) I I, I i f ! I f I I i ~ ! REVIEWED LEGAL COUNSEL For Recording Stamp Only I I A Resolution Levying Ad Valorem * Taxes for Fiscal Year 2012-13 * And Making Appropriations of the * RESOLUTION NO. 2012-080 Bend Library County Service District * For Fiscal Year 2012-13. * BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BEND LIBRARY COUNTY SERVICE DISTRICT, as follows: Section 1. That the Board of County Commissioners of Deschutes County, Oregon, acting as the governing body of the Bend Library County Service District, hereby imposes the ad valorem property taxes provided for in the 2012-13 adopted budget in the aggregate amount of $794,652 for debt service on general obligation bonds; and that these taxes are hereby imposed and categorized for tax year 2012-13 upon the assessed value of all taxable property within the district as follows: General Government Excluded from Limitation Limitation General Obligation Bond Debt Service $794,652 Section 2. That the amounts for the fiscal year beginning July 1, 2012, and for the purposes shown below, are hereby appropriated as follows: BEND LIBRARY DEBT SERVICE FUND Debt Service 847,353 Bend Library Debt Service Fund Total 847,353 Total District Appropriations 847,353 Total Unappropriated and Reserve Amounts 58,200 t Total District Adopted Budget 905,553 PAGE 1 oF2 -RESOLUTION NO. 2012-080 (06/18/12) I BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE BEND LIBRARY COUNTY SERVICE DISTRICT ( f Section 3. That the Deschutes County Finance Director make the appropriations as set out herein for the I I 2012· ] 3 fiscal year. DATED this ____th day of June, 2012. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BEND LIBRARY COUNTY SERVICE DISTRICT ANTHONY DEBONE, Chair ATTEST: ALAN UNGER, Vice Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 2 OF 2 -RESOLUTION NO. 2012·080 (06/18/12)