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HomeMy WebLinkAboutRes 065 - Levy Taxes - Bend Library CSDDeschutes 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 23, 2010 Please see directions for completing this document on the next page. DATE: June 3, 2010 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Resolution 2010-065. Levying Ad Valorem Taxes for Fiscal Year 2010-11 and Making Appropria ions of the Bend Library County Service District Budget for Fiscal Year 2010-11. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution No. 2010-065 to levy ad valorem taxes for Fiscal Year 2010-11 and n ake appropriations within the Bend Library County Service District Budget for Fiscal Year 2010-11. 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) REVIEWED LEGAL COUNSEL For Recording Stamp Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE BEND LIBRARY COUNTY SERVICE DISTRICT A Resolution Levying Ad Valorem Taxes for Fiscal Year 2010-11 And Making Appropriations of the Bend Library County Service District For Fiscal Year 2010-11. RESOLUTION NO. 2010-065 BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHU1 ES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BEND LIBRARY COLT~ TY 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 taxes provided in the 20l(-11 adopted budget in the aggregate amount of $867,058 for bonds; and that these taxes are hereby imposed and categorized for tax year 2010-11 upon the assessed value of all taxable property within the district as follows, General Government Limitation Excluded from Lim itation Levy for Bonded Indebtedness $867,058 Section 2. That the amounts for the fiscal year beginning July 1, 2010, and for the purposes shown below, are hereby appropriated as follows: BEND LIBRARY DEBT SERVICE FUND Debt Service 800,823 Unappropriated Ending Fund Balance Fund Total: 58,200 859,023 Total Requirements: 859,023 PAGE 1 OF 2 — RESOLUTION NO. 2010-065 (06/23/10) Section 3. That the Deschutes County Finance Director make the appropriations as set out herein for the 2010-11 fiscal year. DATED this day of June, 2010. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BEND LIBRARY COUNTY SERVICE DISTRICT DENNIS R. LUKE, Chair ATTEST: ALAN LINGER, Vice Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 2 OF 2 — RESOLUTION NO. 2010-065 (06/23/10)