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HomeMy WebLinkAbout2013-18 Youth Activity Levy Closure RESOLUTION NO. a013 - l8 A RESOLUTION TO CLOSE THE YOUTH ACTIVITY LEVY FUND INTO THE PARKS AND RECREATION FUND EFFECTIVE JUNE 30, 2013 THE CITY OF ASHLAND RESOLVES AS FOLLOWS: The City of Ashland follows the Oregon Local Budget Laws ORS 294 in preparing its budget. ORS 294.353 requires the governing body when closing a fund no longer necessary to determine the disposition of any remaining funds. SECTION 1. The Youth Activity levy Fund was established when the voters approved to tax themselves to provide added support to the Ashland School District for extracurricular activities. The fund provided for receipt of monies and coordination of programs by the Parks Commission for which an agreed upon amount was kept to reimburse costs. SECTION 2. The levy was renewed on a regular basis and the fund was continued as needed through the budget process. The last renewal of the levy was in 2003, ending 2008. Since 2008 the fund has been used to collect prior year, unpaid taxes and to appropriate payment to the school district. The Parks Commission and the school district have settled on payment of $45,000 to close the fund representing the current balance and the value of future delinquent tax receipts. SECTION 3. With the ending of the levy in 2008 and the annual proceeds of delinquent taxes being considered diminimis and the settlement of dissolution of all obligations, the fund is deemed unnecessary and eligible for closure. SECTION 4. With this resolution, Council closes the Youth Activity levy Fund and approves transfer of existing residual amounts and future receipts to the Ashland Parks and Recreation Fund for general use. SECTION 5. This resolution takes effect upon signing by the Mayor. This res tion was duly PASSED and ADOPTED this (day of 2013, dtakes effect June 0 2013 Barbara Christensen, City Recorder `J SIGNED and APPROVED this l / day of 12013. Jo Strom erg, Mayor Revie d as to for ~J David Lohman, City Attorney Page 1 of I