HomeMy WebLinkAboutRes 080 - Ad Valorem 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.o g
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 Bend Library County Service District -
Resolution 2008-080
PUBLIC HEARING ON THIS DATE? NO
BACKGROUND AND POLICY IMPLICATIONS:
This request is to levy for bonded indebtedness in the amount of $770,756 from all taxable property
within the Bend Library County Service District. All revenue will be appropriated to the Bend Library
Debt Service Fund (Fund 731) as provided for in the FY 2008-09 budget. Resolution 2008-080 imposes
this tax levy and appropriates the tax revenue.
FISCAL IMPLICATIONS:
Revenue from this tax levy is for the Bend. Library Debt Service.
RECOMMENDATION & ACTION REQUESTED:
Staff recommends Board adoption and signature of Resolution 2008-080
ATTENDANCE: Marty Wynne
DISTRIBUTION OF DOCUMENTS:
Marty Wynne, Finance Department 388-6559 (4 Copies)
REVIEWED
LEGAL COUNSEL
For Recordin: 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 the 2008-2009 Fiscal Year
And Making Appropriations of the *
Bend Library County Service District *
RESOLUTION NO. 2008-080
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 taxes provided in the Bend
Library County Service District Budget for the fiscal year 2008-2009 in the aggregate amount of $770,756 and
that these taxes are hereby levied on all taxable property within said district shown on the Assessment Roll as of
1 a.m. July 1, 2008. The following allocation and categorization subject to the limits of Section 11b, Article X1,
of the Oregon Constitution constitute the above aggregate levy:
Subject to General
Govt Limitation
Levy for Bonded Indebtedness
Excluded from
Lim itation
$770,756
Section 2. That the amounts for the fiscal year beginning July 1, 2008, and for the purposes shown
below, are hereby appropriated as follows:
BEND LIBRARY DEBT SERVICE FUND
Debt Service 747,510
Total Redemption Fund Appropriation 747,510
Unappropriated Balance 60,000
Total Requirements: 807,510
PAGE 1 OF 2— RESOLUTION NO. 2008-080 (06123108)
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 BEND
LIBRARY 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. 2008-080 (06/23/08)