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Table 7 -10. RRPRD Property Tax Revenues, FY03 -04
<br />Property
<br />Property Tax Property Taxes
<br />Rate Taxes Due Budgeted
<br />Assessessed
<br />Value: - $371,217,000
<br />Permanent Rate
<br />Bond Rate
<br />3.0559 $1,134,402 $1,075,000
<br />0.4216 $156,505 $147,710
<br />Total 3.4775 $1,290,907 $1,222,710
<br />Source: River Road Park & Recreation Budget 2003 -2004.
<br />Total revenue from fees and miscellaneous sources for RRPRD is $1.1 million. The
<br />District generates $0.9 million from aquatic and recreation fees. In addition to fees,
<br />the District receives $143,500 in miscellaneous revenue, which includes a $100,000
<br />payment from the City of Eugene. The City pays RRPRD $100,000 to provide
<br />services to City residents in River Road. This is the equivalent of $1.01 per $1,000 in
<br />assessed value for properties in annexed portions of River Road.
<br />Total revenue from taxes, fees, and other sources equals $2.2 million. The RRPRD
<br />has a General Fund balance of $625,000 to balance the O&M budget of $2.8 million.
<br />Table 7 -11 shows General Fund revenues for the RRPRD for FY03 -04.
<br />Table 7 -11. RRPRD General Fund resources for
<br />O &M expend itures.
<br />Permanent rate taxes $1,075,000 38,6%
<br />Total revenue $2,161,320 77.6%
<br />Fund balance $625,000 22.4%
<br />Total resources $2,786,320 100.0%
<br />Source: River Road Park b Recreation Budget 2003 -2004.
<br />Revenues for Capital expenditures come from bond rate property taxes totaling
<br />$147,710. The RRPRD has a Bonded Debt Fund balance of $60,000 to balance the
<br />Bonded Debt budget of $207,710. Bonded Debt revenues of $207,710 and General
<br />Fund revenues of $2.8 million account for RRPRD's total expenditures of $3 million.
<br />RR/SC Fiscal Analysis: Parks ECONorthwest October 2004 rage r -i o
<br />Percent of
<br />Source
<br />Amount
<br />Total
<br />Resources
<br />Aquatics fees
<br />$330,100
<br />11.8%
<br />Recreation fees
<br />612,720
<br />22.0%
<br />Miscellaneous revenue
<br />143,500
<br />5.2%
<br />Subtotal revenue
<br />$1,086,320
<br />39.0%
<br />Permanent rate taxes $1,075,000 38,6%
<br />Total revenue $2,161,320 77.6%
<br />Fund balance $625,000 22.4%
<br />Total resources $2,786,320 100.0%
<br />Source: River Road Park b Recreation Budget 2003 -2004.
<br />Revenues for Capital expenditures come from bond rate property taxes totaling
<br />$147,710. The RRPRD has a Bonded Debt Fund balance of $60,000 to balance the
<br />Bonded Debt budget of $207,710. Bonded Debt revenues of $207,710 and General
<br />Fund revenues of $2.8 million account for RRPRD's total expenditures of $3 million.
<br />RR/SC Fiscal Analysis: Parks ECONorthwest October 2004 rage r -i o
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