[Council Communication]  [Attachments]

Council Communication

Title:	A Resolution Declaring the City's Election to Receive State Revenue.
Dept:	Finance Department
Date:	June 1, 2004
Submitted By:	Lee Tuneberg, Finance Director
Approved By:	Gino Grimaldi, City Administrator

Synopsis:	The fiscal year 2004-2005 budget includes revenue and disbursements of funds form the State. In order to receive and disburse monies the City Council must elect to receive State revenue.
Recommendation:	Staff recommends approval of the attached resolution.
Fiscal Impact:	Enables the City to receive and disburse State monies like gas and cigarette tax revenue.
Background:	Council annually adopts a resolution electing to receive an apportionment of the Oregon Department of Administrative Services General Fund revenues derived from tax imposed on the sale of liquor as part of State Revenue Sharing.
Attachments:	•   Proposed Resolution

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