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HomeMy WebLinkAboutRes 074 - Ad Valorem Taxes - BBR 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, 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 the 2008-09 Fiscal Year for Black Butte Ranch County Service District - Resolution 2008-074 PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: This request is to levy ad valorem taxes of $1.4499 per $1,000 of assessed value on all taxable property within the Black Butte Ranch County Service District. These taxes are derived of a Permanent Tax Rate of $1.0499 per $1,000 and a Local Option Operating Tax Rate of $0.4000 per $1,000. All revenue will be appropriated to the Black Butte Ranch Country Service District Fund (Fund 761) as provided for in the FY 2008-09 budget. Resolution 2008-074 imposes this tax levy and appropriates the tax revenue. FISCAL IMPLICATIONS: Revenue from this tax levy is for the Black Butte Ranch County Service District. The tax rate is unchanged from FY 2007-08. RECOMMENDATION & ACTION REQUESTED: Staff recommends Board adoption and signature of Resolution 2008-074 ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 (4 Copies) Susanna Klosterman 595-2191 REVIEWED LEGAL COUNSEL For Recording Stamp Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE RANCH COUNTY SERVICE DISTRICT A Resolution Levying Ad Valorem Taxes for the 2008-2009 Fiscal Year And Making Appropriations of the Black Butte Ranch County Service District Budget. RESOLUTION NO. 2008-074 BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTI.S COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE RANCH COUNTY 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 County Service District, hereby imposes the taxes provided for in the 2008-2009 adopted budget at the tax rate of $1.4499, and that these taxes are hereby levied and categorized for tax year 2008-2009 upon the assessed value of all taxable property within the district. Rate Levied within Permanent Rate Limit Local Option Operating Tax Rate Subject to General Govt Limitation 1.0499/$1,000 .4000/$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 529,474 Materials and Services 165,100 Capital Outlay 10,500 General Operating Contingency 25,000 Total General Fund Appropriation Unappropriated Balance Fund Total: PAGE 1 OF 2— RESOLUTION NO. 2008-074 (06/23/08) 730,074 236,802 966,876 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 BLACK BUTTE RANCH 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. 2008-074 (06/23/08)