ORDINANCE NO. ____

AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2004 TO AND INCLUDING JUNE 30, 2005, SUCH TAXES IN THE SUM OF $8,483,000 UPON ALL THE REAL AND PERSONAL PROPERTY SUBJECT TO ASSESSMENT AND LEVY WITHIN THE CORPORATE LIMITS OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON

THE PEOPLE OF THE CITY OF ASHLAND ORDAIN AS FOLLOWS:

Section 1. That the City Council of the City of Ashland hereby levies the taxes provided for in the adopted budget in the permanent rate of $3.5647 per thousand an amount estimated to be $5,696,000, voter authorized Local Option in the rate of $1.3800 per thousand an amount estimated to be $2,205,000, as well as $582,000 authorized for the repayment of General Obligation Debt and that these taxes are hereby levied upon the assessed value for the fiscal year starting July 1, 2004, on all taxable property within the City.

Section 2. That the City Council hereby declares that the taxes so levied are applicable to the following funds:

	Subject to General Government Limitation		Excluded from General Government Limitation	Rate
	Permanent Rate	Local Option	Bonded Debt	Per $1,000
General Fund	$2,352,000			1.4719
Parks & Recreation Fund	$3,344,000			2.0928
Youth Activities Levy		$2,205,000		1.3800
1982 Water Bond Levy			$83,000
1992 Water Bond Levy			$84,000
1997 Flood Restoration Bond Levy			$105,000
2000 Flood & Fire Station Bonds			$310,000
	$5,696,000	$2,205,000	$582,000

The foregoing ordinance was first read on the 1st day of June, 2004, and duly PASSED and ADOPTED this ____ day of June, 2004.
Barbara M. Christensen, City Recorder

SIGNED and APPROVED this ____ day of June 2004.
Alan W. DeBoer, Mayor

Reviewed as to form:
Paul Nolte, City Attorney

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