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HomeMy WebLinkAboutResolution 2023-25 CITY OF SPRINGFIELD, OREGON RESOLUTION NO. 2023-25 FY24 ADOPTED BUDGET A RESOLUTION ADOPTING THE FISCAL YEAR 2023/24 CITY OF SPRINGFIELD BUDGET, MAKING APPROPRIATIONS, AND IMPOSING AND CATEGORIZING THE TAX WHEREAS, starting on April 25, 2023, and ending on May 9, 2023, the Budget Committee met and reviewed the proposed 2023/24 City budget; WHEREAS, on May 9, 2023, the Budget Committee recommended approval of the 2023/24 City budget for Council adoption; WHEREAS, on June 20, 2023, the City Council held a public hearing on the recommended budget; and WHEREAS, the City Council of the City of Springfield finds that adopting the budget and making appropriations is necessary and complies with the applicable requirements under ORS 294.305 to 294.565, NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SPRINGFIELD: Section 1. The budget for the City of Springfield for the fiscal year beginning July 1, 2023, and ending June 30, 2024, on file at Springfield City Hall, in the total amount of $434,355,495 is hereby adopted. Section 2. The amount for the fiscal year beginning July 1, 2023, and ending June 30, 2024, as set forth in Exhibit A are hereby appropriated for the purposes shown therein. Section 3. The following ad valorem property taxes are hereby imposed for tax year 2023/24 upon the assessed value of all taxable property within the City: LQ The rate of $4.7403 per $1,000 of assessed value for the permanent rate tax; The rate of $0.38 per $1,000 of assessed value for the voter-approved five year Local Option operating levy for fire operations; M The rate of $1.40 per $1,000 of assessed value for the voter-approved five year Local Option operating levy for police, court and jail operations; and The amount of $3,979,058 for debt service for general obligation bonds. Section 4. The taxes imposed are hereby categorized for the purposes of Article XI section iib as follows: Funds Subject to the General Excluded from the Government Limitation Limitation General Fund $ 4.7403/$1,000 Fire Local Option Levy $ 0.3800/$1,000 Police Local Option Levy $ 1.4000/$1,000 Bond Sinking Fund $ 3,979,058 Section 5. The City Manager of the City of Springfield is authorized and directed to certify the levy, as authorized by law, with Lane County, Oregon Assessor and the Lane County, Oregon Clerk, and will file a copy of the adopted budget with the Department of Revenue, State of Oregon. Section 6. This resolution shall take effect immediately upon adoption by the Council. ADOPTED by the Common Council of the City of Springfield this 20th day of June, 2023, by a vote of 5 for and 0 against. (1 absent- Blackwell) ATTEST: REVIEWElp&APP'ROVED AS TO FORM SPRINGFIELD CITY ATTORNEY'S QEEICE City Recorder Resolution No. 2023-25 Exhibit A Page 1 of 8 FY24 LEGAL APPROPRIATIONS LEVEL Dollar Amount General Fund- 100 Department Operating City Manager's Office S 1,665,389 Development&Public Works 3,095,222 Finance 2,660,599 Fire and Life Safety 13,151,343 Human Resources 969,736 Information Technology 1,652,478 Legal Services 959,862 Library 2,104,887 Police 18,123,044 Total Department Operating 44,382,561 Non-Departmental Transfers 1,095,497 Contingency 1,000,000 Reserves* 9,289,837 Total Non-Departmental 11,385,334 Total General Fund $ 55,767,895 Street Fund-201 Department Operating City Manager's Office S 55,784 Development&Public Works 7,131,784 Finance 70,456 Total Department Operating 7,258,023 Non-Departmental Transfers 150,000 Contingency 200,000 Reserves* 2,733,206 Total Non-Departmental 3,083,206 Total Street Fund $ 10,341,229 Resolution No. 2023-25 Exhibit A Page 2 of 8 Dollar Amount Special Revenue Fund-204 Department Operating City Manager's Office S 3,726,570 Development&Public Works 5,866,836 Finance 816,705 Fire and Life Safety 266,209 Human Resources 104,835 Information Technology 133,866 Library 124,218 Police 479,800 Total Department Operating 11,519,039 Non-Departmental Reserves* 5,493,666 Total Non-Departmental 5,493,666 Total Special Revenue Fund $ 17,012,705 Transient Room Tax Fund-208 Department Operating City Manager's Office S 235,194 Development&Public Works 29,923 Library 273,807 Total Department Operating 538,925 Non-Departmental Transfers 1,100,000 Reserves* 2,269,773 Total Non-Departmental 3,369,773 Total Transient Room Tax Fund $ 3,908,698 Community Development Fund-210 Department Operating Development&Public Works S 1,159,459 Finance 27,516 Total Department Operating 1,186,975 Non-Departmental Reserves* 250,000 Total Non-Departmental 250,000 Total Community Development Fund $ 1,436,975 Resolution No. 2023-25 Exhibit A Page 3 of 8 Dollar Amount Building Code Fund-224 Department Operating City Manager's Office S 23,185 Development&Public Works 1,531,993 Fire &Life Safety 85,645 Total Department Operating 1,640,823 Non-Departmental Contingency 35,000 Reserves* 4,210,958 Total Non-Departmental 4,245,958 Total Building Fund $ 5,886,781 Fire Local Option Levv Fund-235 Department Operating Fire and Life Safety S 1,725,722 Total Department Operating 1,725,722 Non-Departmental Contingency 45,000 Reserves* 2,271,540 Total Non-Departmental 2,316,540 Total Fire Local Option Levy Fund $ 4,042,262 Police Local Option Levv Fund-236 Department Operating Finance S 754,400 Legal Services 93,280 Police 7,929,538 Total Department Operating 8,777,217 Non-Departmental Transfers 27,500 Contingency 150,000 Reserves* 2,380,321 Total Non-Departmental 2,557,821 Total Police Local Option Levy Fund $ 11,335,038 Resolution No. 2023-25 Exhibit A Page 4 of 8 Dollar Amount Bond Sinking Fund-306 Non-Departmental Debt Service $ 4,019,570 Unappropriated Ending Fund Balance* 488,245 Total Non-Departmental 4,507,815 Total Bond Sinking Fund $ 4,507,815 Development Assessment Fund-419 Non-Departmental Reserves* $ 862,971 Total Non-Departmental 862,971 Total Development Assessment Fund $ 862,971 Development Proiects Fund-420 Total Development&Public Works Capital Projects $ 313,884 Non-Departmental Reserves* 5,220,387 Total Non-Departmental 5,220,387 Total Development Projects Fund $ 5,534,271 Regional Wastewater Capital Fund-433 Department Operating Development&Public Works $ 2,479,000 Total Department Operating 2,479,000 Total Development&Public Works Capital Projects 64,680,000 Non-Departmental Transfers 25,904 Reserves* 42,740,385 Total Non-Departmental 42,766,289 Total Regional Wastewater Capital Fund $ 109,925,289 Resolution No. 2023-25 Exhibit A Page 5 of 8 Dollar Amount Street Capital Fund-434 Department Operating Development&Public Works S 118,785 Total Department Operating 118,785 Total Development&Public Works Capital Projects 17,208,277 Non-Departmental Reserves* 4,937,753 Total Non-Departmental 4,937,753 Total Street Capital Fund $ 22,264,815 Sanitary Sewer Operations Fund-611 Department Operating City Manager's Office S 83,600 Development&Public Works 5,202,120 Finance 62,704 Total Department Operating 5,348,424 Total Development&Public Works Capital Projects 11,391,962 Non-Departmental Debt Service 1,706,000 Contingency 150,000 Reserves* 26,503,799 Total Non-Departmental 28,359,799 Total Sewer Operations Fund $ 45,100,185 Regional Wastewater Fund-612 Department Operating City Manager's Office S 17,649 Development&Public Works 23,712,953 Finance 181,874 Total Department Operating 23,912,475 Non-Departmental Transfers 14,300,000 Debt Service 4,113,000 Reserves* 10,594,782 Total Non-Departmental 29,007,782 Total Regional Wastewater Fund $ 52,920,257 Resolution No. 2023-25 Exhibit A Page 6 of 8 Dollar Amount Ambulance Fund-615 Department Operating Fire and Life Safety S 6,862,659 Total Department Operating 6,862,659 Non-Departmental Contingency 150,000 Total Non-Departmental 150,000 Total Ambulance Fund $ 7,012,659 Storm Drainage Operating Fund-617 Department Operating City Manager's Office S 83,921 Development&Public Works 7,648,632 Finance 62,717 Total Department Operating 7,795,269 Total Development&Public Works Capital Projects 9,892,797 Non-Departmental Debt Service 553,641 Contingency 200,000 Reserves* 16,365,615 Total Non-Departmental 17,119,256 Total Drainage Operating Fund $ 34,807,322 Booth-Kellv Fund-618 Department Operating City Manager's Office S 257,038 Development&Public Works 484,304 Total Department Operating 741,341 Total Development&Public Works Capital Projects 190,000 Non-Departmental Transfers 86,772 Contingency 15,000 Reserves* 576,558 Total Non-Departmental 678,330 Total Booth-Kelly Fund $ 1,609,671 Resolution No. 2023-25 Exhibit A Page 7 of 8 Dollar Amount Regional Fiber Consortium-629 Department Operating Finance S 224,686 Total Department Operating 224,686 Non-Departmental Reserves* 412,105 Total Non-Departmental 412,105 Total Regional Fiber Consortium Fund $ 636,791 Insurance Fund-707 Department Operating Human Resources S 533,140 Health Insurance 8,535,823 Property&Liability 2,003,254 Worker's Compensation 690,488 Total Department Operating 11,762,705 Non-Departmental Contingency 200,000 Reserves* 14,267,709 Total Non-Departmental 14,467,709 Total Insurance Fund $ 26,230,414 Vehicle and Equipment Fund-713 Department Operating Development&Public Works S 1,598,001 Fire &Life Safety 237,250 Information Technology 776,368 Legal 2,300 Library 16,000 Police 688,500 Total Department Operating 3,318,419 Non-Departmental Reserves* 9,160,963 Total Non-Departmental 9,160,963 Total Vehicle and Equipment Fund $ 12,479,382 Resolution No. 2023-25 Exhibit A Page 8 of 8 Dollar Amount SDC Administration Fund-719 Department Operating Development&Public Works $ 414,423 Finance 46,223 Total Department Operating 460,646 Non-Departmental Contingency 10,000 Reserves* 261,424 Total Non-Departmental 271,424 Total SDC Administration Fund $ 732,070 TOTAL RESOLUTION $ 434,355,495 *Reserves and Unappropriated Ending Fund Balance are not appropriated for spending and are shown for information purposes only. Resolution No. 2023-25