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HomeMy WebLinkAboutRes 084 - Ad Valorem Taxes - Sunriver LibraryDeschutes 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 Sunriver Library County Service District - Resolution 2008-084 PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: This request is to levy for bonded indebtedness in the amount of $94,782 from all taxable property within the Sunriver Library County Service District. All revenue will be appropriated to the Sunriver Library Debt Service Fund (Fund 751) as provided for in the FY 2008-09 budget. Resolution 2008-084 imposes this tax levy and appropriates the tax revenue. FISCAL IMPLICATIONS: Revenue from this tax levy is for the Sunrvier Library Debt Service. RECOMMENDATION & ACTION REQUESTED: Staff recommends Board adoption and signature of Resolution 2008-084 ATTENDANCE: Marty Wynne DISTRIBUTION OF DOCUMENTS: Marty Wynne, Finance Department 388-6559 (4 Copies) REVIEWED LEGAL COUNSEL For Recording Stam. Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ACTING AS THE GOVERNING BODY OF THE SUNRIVER LIBRARY COUNTY SERVICE DISTRICT A Resolution Levying Ad Valorem Taxes for the 2008-2009 Fiscal Year And Making Appropriations of the Sunriver Library County Service District Budget. RESOLUTION NO. 2008-084 BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE SUNRIVER 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 Sunriver Library County Service District, hereby imposes the taxes provided in the Sunriver Library County Service District Budget for the fiscal year 2008-2009 in the aggregate amount of $94,782, 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 XI, of the Oregon Constitution constitute the above aggregate levy: Subject to General Govt Limitation Levy for Bonded Indebtedness Excluded from Limitation $94,782 Section 2. That the amounts for the fiscal year beginning July I, 2008, and for the purposes shown below, are hereby appropriated as follows: SUNRIVER LIBRARY DEBT SERVICE FUND Debt Service 93,595 Total Redemption Fund Appropriation 93,595 Unappropriated Balance 7,000 Fund Total: 100,595 Total Requirements: 100,595 PAGE 1 OF 2 — RESOLUTION NO. 2008-084 (06/23/08) 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 SUNRIVER 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. 2008-084 (06/23/08)