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Res. 2232- FY 2024-2025 Budget Adoption COUNCIL BILL NO. 3253 RESOLUTION NO. 2232 A RESOLUTION ADOPTING THE FISCAL YEAR (FY) 2024-25 BUDGET; MAKING BUDGET APPROPRIATIONS; AND CATEGORIZING TAXES WHEREAS, the City Administrator, as Budget Officer for the City of Woodburn, Oregon, prepared and submitted the FY 2024-25 budget to the Budget Committee at its April 27, 2024, meeting; and WHEREAS, the April 27, 2024, Budget Committee meeting was noticed by publication in the Woodburn Independent newspaper on April 17, 2024; and WHEREAS, a public hearing was held at the April 27, 2024, Budget Committee meeting after which time the budget was approved; and WHEREAS, the Notice of Budget Hearing and Financial Summary were published in the Woodburn Independent newspaper on May 29, 2024 as required by ORS 294.438; and WHEREAS, a second public hearing was held before the City Council at its meeting on June 10, 2024; and NOW, THEREFORE THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. The City Council adopts the budget for FY 2024-25 in the sum of $173,489,100. A copy of the budget document is now on file at City Hall, 270 Montgomery Drive, Woodburn, Oregon. Section 2. The City Council imposes the taxes provided for in the adopted budget at a permanent rate of $6.0534 per $1,000 of assessed value for operations. These taxes are hereby imposed and categorized for tax year 2024-25 based upon assessed value of all taxable property within the City. General Government Excluded from Limitation Permanent Rate Limit $6.0534/$1,000 - Page 1 -COUNCIL BILL NO.3253 RESOLUTION NO. 2232 Section 3. FY 2024-25 budgets are appropriated at the fund levels shown: Organization Operating* Transfers Debt Contingency Total Reserves Total Administration 2,223,120 2,223,120 2,223,120 Economic Development 514,690 514,690 514,690 Police 11,684,480 11,684,480 11,684,480 Community Services 4,616,770 4,616,770 4,616,770 Planning 977,160 977,160 977,160 Engineering 465,580 465,580 465,580 Non-Departmental 1,158,240 1,962,600 3,120,840 3,120,840 General Fund 5,410,010 5,410,010 6,443,730 11,853,740 Total General Fund 21,640,040 1,962,600 5,410,010 29,012,650 6,443,730 35,456,380 Transit 4,020,490 869,570 4,890,060 4,890,060 Building 2,354,780 420,000 8,643,760 11,418,540 11,418,540 Asset Forfeiture 32,330 32,330 32,330 National Opioid Settlement 230,000 230,000 230,000 American Rescue Plan 240,500 1,677,160 1,917,660 1,917,660 Housing Rehab 55,090 55,090 55,090 Street 3,865,650 2,067,000 4,300,120 10,232,770 10,232,770 GO Debt Service 48,000 48,000 48,000 General Cap Const 4,715,000 4,715,000 4,715,000 Community Ctr Cap Const 1,740,000 1,385,000 3,125,000 1 3,125,000 Special Assessment 2,500 45,270 47,770 47,770 Street/Storm Cap Const 3,550,000 3,550,000 874,990 4,424,990 Parks SDC 50,000 937,400 987,400 7,158,280 8,145,680 Transportation SDC 1,545,000 1,545,000 14,885,710 16,430,710 Storm SDC 260,000 70,000 330,000 797,570 1,127,570 Sewer Cap Const 10,820,000 10,820,000 10,820,000 Water Cap Const 3,511,450 3,511,450 732,000 4,243,450 Water 3,709,060 2,665,000 370,910 6,744,970 654,770 1 7,399,740 Sewer 5,949,230 6,340,000 1,189,850 13,479,080 19,845,240 33,324,320 Water SDC 936,450 936,450 3,758,340 4,694,790 Sewer SDC 230,000 3,660,000 3,890,000 1,481,380 5,371,380 Information Technology 1,690,760 228,670 1,919,430 120,000 2,039,430 Insurance 1,103,100 460,390 1,563,490 1,563,490 Equipment Relacement 1,307,010 1,307,010 1,307,010 PERS Reserve 391,120 391,120 391,120 Lavelle Black Trust 7,500 29,320 1 36,820 1 1 36,820 TOTAL 71,084,490 22,328,610 23,323,990 1 116,737,090 1 56,752,010 1 173,489,100 *Operating Budget:Personnel,Materials and Services,and Capital Outlay Approved as to Form: d It y Attorney Date APPROVED: Frank Lod ergan, Mayo/ Passed by the Council I in e�' / r a 0"51 Submitted to the Mayor i1 0 Approved by the Mayor n e, 12, Filed in the Office of the Recorder 5 ne, 1 ATTEST: Heather Pierson, City Recorder City of Woodburn, Oregon Page 2-COUNCIL BILL NO. 3253 RESOLUTION NO. 2232