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HomeMy WebLinkAboutRes 072 - Ad Valorem Taxes - 911 CSD BudgetDeschutes 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, 2008 Please see directions for completing this document on the next page. DATE: June 10, 2008 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Levying Ad Valorem Taxes for FY 2008-09 for the 911 County Service District - Resolution 2008-072. PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: This request is to levy ad valorem taxes of $0.3918 per $1,000 of assessed value on all taxable property within the Deschutes County 911 County Service District. These taxes are derived of a Permanent Tax Rate of $0.1618 per $1,000 and a Local Option Operating Tax Rate of $0.2300 per $1,000. The local option tax is a 5 year levy supported by 59% of voters in May 2008. FY 2008-09 will be the first year this tax will be levied. All tax revenue from this levy will go to the Deschutes County 911 County Service District Fund (Fund 705) as provided for in the FY 2008-09 budget. Resolution 2008-072 imposes this tax levy and appropriates the tax revenue. FISCAL IMPLICATIONS: Revenue from this tax levy is the primary source of funding for the Deschutes County 911 County Service District. RECOMMENDATION & ACTION REQUESTED: Staff recommends Board adoption and signature of Resolution 2008-072 ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 (4 Copies) Becky McDonald 388-0185 REVIEWED LEGAL COUNSEL For Recording Stamp Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE DESCHUTES COUNTY 911 COUNTY SERVICE DISTRICT A Resolution Levying Ad Valorem Taxes for the 2008-09 Fiscal Year And Making Appropriations of the Deschutes County 911 County Service District Budget. RESOLUTION NO. 2008-072 BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE DESCHUTES COUNTY 911 COUNTY SERVICE DISTRICT, as follows: Section 1. That the Board of County Commissioners of Deschutes County, Oregon, acting as the governing body of the Deschutes County 911 County Service District, hereby imposes the taxes provided for in the 2008-09 adopted budget at the tax rate of $0.3918, and that these taxes are hereby levied and categorized for tax year 2008-09 upon the assessed value of all taxable property within the district. Rate Levied within Permanent Tax Rate Local Option Operating Tax Rate Subject to General Govt Limitation 0.1618/$1,000 0.2300/$1,000 Excluded from Limitation Section 2. That the amounts for the fiscal year beginning July 1, 2008, and for the purposes shown below, are hereby appropriated as follows: GENERAL FUND Personal Services 3,728,025 Materials and Services 886,229 Debt Service 240,000 Capital Outlay 132,000 Transfers Out 130,000 General Operating Contingency 4,356,685 Fund Total: 9,472,939 PAGE 1 OF 2 — RESOLUTION NO. 2008-072 (06/23/08) EQUIPMENT RESERVE FUND Contingency 757,467 Fund Total: 757,467 Total District Requirement: 10,230,406 Section 3. That the Deschutes County Finance Director make the appropriations as set out herein for the 2008-2009 fiscal year. DATED this day of June, 2008. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE DESCHUTES COUNTY 911 COUNTY SERVICE DISTRICT DENNIS R. LUKE, Chair ATTEST: TAMMY (BANEY) MELTON, Vice Chair Recording Secretary MICHAEL M. DALY, Commissioner PAGE 2 OF 2 — RESOLUTION NO. 2008-072 (06/23/08)