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Home My WebLink AboutResolution 2024-17 CITY OF SPRINGFIELD, OREGON RESOLUTION NO. 2024-17 FY25 ADOPTED BUDGET A RESOLUTION ADOPTING THE FISCAL YEAR 2024/25 CITY OF SPRINGFIELD BUDGET, MAKING APPROPRIATIONS, AND IMPOSING AND CATEGORIZING THE TAX. WHEREAS, starting on May 13, 2024, and ending on May 15, 2024, the Budget Committee met and reviewed the proposed 2024/25 City budget; WHEREAS, on May 15, 2024, the Budget Committee recommended approval of the 2024/25 City budget for Council adoption; WHEREAS, on June 17, 2024, 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 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, 2024, and ending June 30, 2025, on file at Springfield City Hall, in the total amount of $436,034,435 is hereby adopted. Section 2. The amount for the fiscal year beginning July 1, 2024, and ending June 30, 2025, 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: M The rate of $4.7403 per $1,000 of assessed value for the permanent rate tax; LD 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 $7,120,419 for debt service for general obligation bonds. Section 4. The taxes imposed are hereby categorized for the purposes of Article XI section 11b 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 $ 7,120,419 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 17th day of June, 2024, by a vote of 6 for and 0 against. ATTEST: REVIEWED&APPROVED AS TO FORM / Ky'iW+Ivt,Kra.a 5 DATE: 81171909 1. SPRINGFIELD CITY ATTORNEY'S OFFICE City Recorder Resolution No.2024-17 Exhibit A Pagel of 8 FY25 LEGAL APPROPRIATIONS LEVEL Dollar Amount General Fund- 100 Department Operating City Manager's Office $ 1,759,484 Development&Public Works 3,682,133 Finance 2,801,586 Fire and Life Safety 14,271,424 Human Resources 829,394 Information Technology 1,670,423 Legal Services 1,045,115 Library 2,207,834 Police 17,824,949 Total Department Operating 46,092,342 Non-Departmental Transfers 624,496 Contingency 1,000,000 Reserves* 10,107,704 Total Non-Departmental 11,732,200 Total General Fund S 57,824,542 Street Fund-201 Department Operating City Manager's Office $ 59,960 Development&Public Works 7,639,660 Finance 75,128 Total Department Operating 7,774,748 Non-Departmental Transfers - Contingency 150,000 Reserves* 187,539 Total Non-Departmental 337,539 Total Street Fund S 8,112,287 Resolution No.2024-17 Exhibit A Page 2 of 8 Dollar Amount Special Revenue Fund-204 Department Operating City Manager's Office $ 2,267,892 Development&Public Works 3,191,099 Finance 315,292 Fire and Life Safety 175,381 Human Resources 56,845 Information Technology 134,379 Library 152,805 Police 1,320,230 Total Department Operating 7,613,923 Non-Departmental Reserves* 3,191,642 Total Non-Departmental 3,191,642 Total Special Revenue Fund S 10,805,565 Transient Room Tax Fund-208 Department Operating City Manager's Office $ 247,571 Development&Public Works 30,765 Library 287,807 Total Department Operating 566,143 Non -Departmental Transfers 1,100,000 Reserves* 2,522,451 Total Non-Departmental 3,622,451 Total Transient Room Tax Fund S 4,188,594 Community Development Fund-210 Department Operating Development&Public Works $ 1,579,269 Finance 33,367 Total Department Operating 1,612,636 Non-Departmental Reserves* 7,891 Total Non-Departmental 7,891 Total Community Development Fund S 1,620,527 Resolution No.2024-17 Exhibit A Page 3 of 8 Dollar Amount Building Code Fund-224 Department Operating City Manager's Office $ 24,111 Development&Public Works 1,651,522 Fire&Life Safety 96,795 Total Department Operating 1,772,428 Non -Departmental Contingency 35,000 Reserves* 6,252,172 Total Non-Departmental 6,287,172 Total Building Fund S 8,059,600 Fire Local Option Lew Fund-235 Department Operating Fire and Life Safety $ 1,833,986 Total Department Operating 1,833,986 Non -Departmental Contingency 45,000 Reserves* 2,419,162 Total Non-Departmental 2,464,162 Total Fire Local Option Levy Fund S 4,298,148 Police Local Option Levy Fund-236 Department Operating Finance $ 765,675 Legal Services 95,101 Police 8,344,345 Total Department Operating 9,205,121 Non -Departmental Transfers - Contingency 150,000 Reserves* 2,941,791 Total Non-Departmental 3,091,791 Total Police Local Option Levy Fund S 12,296,912 Resolution No.2024-17 Exhibit A Page 4 of 8 Dollar Amount Bond Sinking Fund-306 Non-Departmental Debt Service $ 6,965,805 Unappropriated Ending Fund Balance* 421,013 Total Non-Departmental 7,386,818 Total Bond Sinking Fund S 7,386,818 Development Assessment Fund-419 Non-Departmental Reserves* $ 493,276 Total Non-Departmental 493,276 Total Development Assessment Fund S 493,276 Development Projects Fund-420 Total Development&Public Works Capital Projects S 437,000 Non-Departmental Transfers 1,605,000 Reserves* 2,717,601 Total Non-Departmental 4,322,601 Total Development Projects Fund S 4,759,601 Regional Wastewater Capital Fund-433 Department Operating Development&Public Works $ 4,149,000 Total Department Operating 4,149,000 Total Development&Public Works Capital Projects 69,120,000 Non-Departmental Transfers 27,722 Reserves* 47,077,437 Total Non-Departmental 47,105,159 Total Regional Wastewater Capital Fund S 120,374,159 Resolution No.2024-17 Exhibit A Page 5 of 8 Dollar Amount Street Capital Fund-434 Total Development&Public Works Capital Projects 4,487,500 Non-Departmental Reserves* 14,962,060 Total Non-Departmental 14,962,060 Total Street Capital Fund S 19,449,560 Sanitary Sewer Operations Fund-611 Department Operating City Manager's Office $ 88,897 Development&Public Works 5,639,842 Finance 66,734 Total Department Operating 5,795,473 Total Development&Public Works Capital Projects 8,097,350 Non-Departmental Debt Service 1,706,800 Contingency 150,000 Reserves* 24,776,159 Total Non-Departmental 26,632,959 Total Sewer Operations Fund S 40,525,782 Regional Wastewater Fund-612 Department Operating City Manager's Office $ 18,232 Development&Public Works 25,224,848 Finance 193,181 Total Department Operating 25,436,261 Non-Departmental Transfers 15,100,000 Debt Service 4,107,750 Reserves* 10,707,149 Total Non-Departmental 29,914,899 Total Regional Wastewater Fund S 55,351,160 Resolution No.2024-17 Exhibit A Page 6 of 8 Dollar Amount Ambulance Fund-615 Department Operating Fire and Life Safety $ 6,857,495 Total Department Operating 6,857,495 Non-Departmental Contingency 150,000 Reserves* 530,866 Total Non-Departmental 680,866 Total Ambulance Fund S 7,538,361 Storm Drainage Operating Fund-617 Department Operating City Manager's Office $ 89,158 Development&Public Works 8,047,499 Finance 66,734 Total Department Operating 8,203,391 Total Development&Public Works Capital Projects 5,065,000 Non-Departmental Debt Service 552,241 Contingency 200,000 Reserves* 15,344,717 Total Non-Departmental 16,096,958 Total Drainage Operating Fund S 29,365,349 Booth-Kelly Fund-618 Department Operating City Manager's Office $ 119,669 Development&Public Works 528,476 Total Department Operating 648,145 Total Development&Public Works Capital Projects 190,000 Non-Departmental Transfers 100,000 Contingency 15,000 Reserves* 835,978 Total Non-Departmental 950,978 Total Booth-Kelly Fund S 1,789,123 Resolution No.2024-17 Exhibit A Page 7 of 8 Dollar Amount Regional Fiber Consortium-629 Department Operating Finance $ 236,060 Total Department Operating 236,060 Non-Departmental Reserves* 523,092 Total Non-Departmental 523,092 Total Regional Fiber Consortium Fund 759,152 Insurance Fund-707 Department Operating Human Resources $ 618,222 Health Insurance 8,136,869 Property&Liability 2,134,936 Worker's Compensation 1,330,851 Total Department Operating 12,220,878 Non-Departmental Contingency 200,000 Reserves* 16,776,798 Total Non-Departmental 16,976,798 Total Insurance Fund S 29,197,676 Vehicle and Equipment Fund-713 Department Operating Development&Public Works $ 1,442,238 Fire&Life Safety 741,062 Information Technology 970,084 Library 8,000 Police 85,000 Total Department Operating 3,246,384 Non-Departmental Debt Service 209,190 Reserves* 7,409,997 Total Non-Departmental 7,619,187 Total Vehicle and Equipment Fund S 10,865,571 Resolution No.2024-17 Exhibit A Page 8 of 8 Dollar Amount SDC Administration Fund-719 Department Operating Development&Public Works $ 437,183 Finance 48,693 Total Department Operating 485,876 Non-Departmental Contingency 10,000 Reserves* 476,796 Total Non-Departmental 486,796 Total SDC Administration Fund S 972,672 TOTAL RESOLUTION S 436,034,435 *Reserves and Unappropriated Ending Fund Balance are not appropriated for spending and are shown for information purposes only. Resolution No.2024-17