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CHAPTER V <br /> Measure 20-67 is a four-year local option levy passed in November ` ~ <br /> 2002. The City receives about $500,000 per year to fund youth r ' <br /> services such as Summer Fun for All activities. An additional ~ ~ ~ <br /> portion of this levy is divided between the Bethel and 4J School ' "~~r~' <br /> Districts to use for recreation activities as well as other student and ~ <br /> school activities. <br /> 3~ <br /> Potential revenue from a local option levy may be reduced due to <br /> the $10/$1,000 of real market value property tax rate limitations for <br /> general government taxes. If the $10 limitation is exceeded for <br /> any individual property, all general government taxing authorities <br /> receive only a prorated share of their tax levy, so that the total <br /> general government taxes remain within the cap. This situation is <br /> called compression. Compression occurs in two stages, with local <br /> option levies compressed first and then permanent tax rates. <br /> Taxing districts in Eugene are currently experiencing some revenue <br /> loss from compression, <br /> ¦ Public/Government Grant Programs: Grant programs exist for <br /> various capitol and operational related projects, including: <br /> ¦ Recreation Trails Program: This is a grant program funded <br /> through the Oregon Parks and Recreation Department. <br /> Projects eligible under this program include: 1) <br /> maintenance and restoration of existing trails, 2) <br /> development and rehabilitation of tratlhead facilities, 3) <br /> construction of new recreation trails, and 4) acquisition of <br /> easements and fee simple title to property. Grants are <br /> distributed on an annual basis and require a 20% match. <br /> ¦ Oregon State Marine Board Grants: The Oregon State <br /> Marine Board manages Oregon's waterways. The agency <br /> also provides construction grants for waterfront <br /> improvements, such as boat ramps, restrooms, parking, <br /> and other related projects, as well as operafions funds for <br /> maintenance and patrol. It receives its revenue for grants <br /> from the licensing of pleasure boats and a portion of the <br /> automobile gas tax. <br /> ¦ Private Grants and Foundations; Private grants and foundations <br /> provide money for a wide range of projects; They are sometimes <br /> difficult to find and equally difficult to secure because of the open <br /> competition. They offen fund unique projects or projectsttiat <br /> demonstrate extreme need. In Eugene; some improvements to <br /> Trainsong Park were funded by a Nike Corporation grant. <br /> <br /> ¦ Public/Private Partnerships; This concept is relatively new to park <br /> and recreation agencies. The basic approach is for a public <br /> agency to enter into a working agreerrient with a private business <br /> to help fund, build, and/or operate a publicfacility. Generally, the <br /> City of Eugene PROS Comprehensive P/on 61 <br /> <br />