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HomeMy WebLinkAboutRes 080 - Ad Valorem Tax - Bend Library DistrDeschutes 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 30, 2008 Please see directions for completing this document on the next page. DATE: June 23, 2008 FROM: Marty Wynne Finance (541) 388-6559 TITLE OF AGENDA ITEM: Resolution 2008-080. Levying Ad Valorem Taxes for the 2008-09 Fiscal Year and Making Appropriations of the Bend Library County Service District Budget for the 2008-09 Fiscal Year PUBLIC HEARING ON THIS DATE? NO BACKGROUND AND POLICY IMPLICATIONS: Consideration of Resolution No. 2008-080 to levy ad valorem taxes for the Fiscal Year 2008-09 and make appropriations within the Bend Library County Service District Budget for Fiscal Year 2008-)9. 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 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 DESCHUT ES 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 :he 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 $796,165 �:nd 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 $796,165 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 (06/30/08) 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 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 (06/30/08)