CALL TO ORDER
*NOTE* Citizens may address the Budget Committee during the public hearings listed below by filling out a testimony/comment card prior to speaking and hand it to the City Recorder. Public comments can also be submitted by email to city.recorder@lebanonoregon.gov prior to 5:00 p.m. on April 29, 2024. The City Recorder will distribute comments to the Budget Committee at the meeting.
ROLL CALL
APPROVAL OF MINUTES
PRESENTATION(S) - Finance Director Brandon Neish:
Guest Presentations: Lebanon Chamber of Commerce
Lebanon Downtown Association
Strawberry Festival Fireworks Committee
Internal Service Funds
Utility Funds
General Fund
PUBLIC HEARINGS:
A. State Share Revenues - Committe Chair
Motion: I move to recommend the City of Lebanon City Council accept State Revenue Sharing monies as non-dedicated revenue in the General Fund.
B. FY 2024/2025 Proposed City of Lebanon Budget - Committee Chair
Motion: I move to recommend the City of Lebanon City Council levy the permanent property tax rate of $5.1364 per $1,000 of assessed value for operating purposes, and $1,856,562 (one million eight hundred fifty-six thousand, five hundred and sixty-two dollars) for payment of bond principal and interest.
Motion: I move to approve the FY 2024/2025 Budget in the amount of $ 66,752,541 (sixty-six million seven hundred and fifty-two thousand five hundred and forty-one dollars) as proposed by the City's Budget Officer and recommended the City of Lebanon of Lebanon City Council adopt the fiscal year budget.
PUBLIC HEARINGS ADJOURNMENT AND CONVENE: Adjourn as the City of Lebanon Budget Committee and convene as the Urban Renewal Agency Budget Committee - Committee Chair
PUBLIC HEARINGS: Chair opens and closes each hearing prior to the motion.
A. Proposed Urban Renewal District Taxes
Motion: I move to recommend the Urban Renewal Agency approve the NW Lebanon URD Taxes for FY 2024/2025 at the tax increment value of $ 1,684,161 (one million six hundred eighty-four thousand, one hundred and sixty-one dollars)
Motion: I move to recommend the Urban Renewal Agency approve the Cheadle Lake URD Taxes for FY 2024/2024 at the rate of 100% the amount from the division of tax.
Motion: I move to recommend the Urban Renewal Agency approve the N Gateway URD Taxes for FY 2024/2025 and the rate of 100% of the amount from the division of tax.
Motion: I move to recommend the Urban Renewal Agency approve the Downtown URD Taxes for FY 2024/2025 at the rate of 100% of the amount from the division of tax.
Motion: I move to recommend the Urban Renewal Agency approve the Mill Race URD Taxes for FY 2024/2025 at the rate of 100% of the amount from the division of tax.
B. Proposed Urban Renewal Budget
Motion: I move to recommend the Urban Renewal Agency FY 2024/2025 Budget in the sum of $2,839,366 (two million eight hundred thirty-nine thousand three hundred sixty-six dollars) as proposed by the Agency's Budget Officer and recommend the City of Lebanon City Council adopt the fiscal year budget.
Adjourn as the Urban Renewal Agency Budget Committee and reconvene as the City of Lebanon Budget Committee - Committe Chair
PUBLIC COMMENTS
COMMITTEE COMMENTS
NEXT SCHEDULED BUDGET MEETING
ADJOURNMENT
Meetings are recorded and available on the City’s YouTube page at:
https://www.youtube.com/user/CityofLebanonOR/videos
The meeting location is accessible to persons with disabilities. A request for an interpreter for the hearing impaired or for other accommodations for persons with disabilities should be made at least 48 hours before the meeting to the City Recorder at 541.258.4905.