HomeMy WebLinkAbout1991-17 Adopting Annual Budget
RESOLUTION 91- t1
A RESOLUTION DECLARING THE CITY'S ELECTION
TO RECEIVE STATE REVENUES
BE IT RESOLVED that the City of Ashland hereby elects to> receive
state revenues for fiscal year 1991-92. Pursuant to ORS 221.770.
This Resolution was READ and DULY ADOPTED at a regular m.eeting of
the City Council of the City of Ashland on the 6-~ day of June
1991.
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Nan E. franklin
City Recorder
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SIGNED AND APPROVED this L day of ~-;<".(!_
, 1991.
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Catherine M. Golden
Mayor
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May 29, 1991
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Mayor and City Council
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Jill Turner, Director of FinanCe~-"""
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JJf rom:
state Revenue Sharing
RECOMMENDATION: Staff recommends passage of the
attached resolution, approving participation in thE~
state Revenue Sharing Program.
DISCUSSION: State Revenue Sharing law, ORS 221.770,
requires cities to pass a resolution each year
stating that they want to receive revenue sharing
money. The law also requires that two public
hearing are held on the use of these funds. The
budget committee hearing was held on April 18, 1991
and the City Council hearing on June 4, 1991.
ALTERNATIVES: None suggested
FISCAL IMPACT: The City should receive $62,000 in
State Revenue Sharing monies next year.