ORDINANCE NO. ____

AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2005 TO AND INCLUDING JUNE 30, 2006, SUCH TAXES IN THE SUM OF $8,803,680 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 $3.7147 per thousand an amount estimated to be $6,230,000, voter authorized Local Option in the rate of $1.3800 per thousand an amount estimated to be $2,315,000, as well as $258,680 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, 2005, 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	$2,720,000			1.6219
Parks and Recreation Fund	$3,510,000			2.0928
-
Youth Activities Levy		$2,315,000		1.3800
1997 Flood Restoration Bond Levy			$230,980
2000 Flood and Fire Station Bonds			$27,700
	$6,230,000	$2,315,000	$258,680

The foregoing ordinance was first read on the 7th day of June, 2005, and duly PASSED and ADOPTED this ____ day of _______, 2005.
Barbara M. Christensen, City Recorder

SIGNED and APPROVED this ____ day of _______, 2005.
John W. Morrison, Mayor

Reviewed as to form:
Michael Franell, City Attorney

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