New Search
CHAPTER V <br />development, the fees are meant to fund capacity <br />enhancement projects in the areas where funds are collected. <br />SDCs cannot be used for the preservation and maintenance of <br />existing parks and facilities. The City completed an interim <br />update to its SDC methodology and increased the SDC rate to <br />$1,344.65 for all housing units. A revised methodology will be <br />completed affer adoption of the Comprehensive Plan. Prior to <br />October 1, 2003, the SDC rate was $981.89 per dwelling unit. <br />^ Stormwater/Wastewater Fees: These user fees provide some <br />support for projects that have goals compatible with these <br />dedicated funds. For example, the City uses the Storm Water <br />Utility Fund for operations and capital projects related to the <br />management and maintenance of wetlands, Amazon Creek, <br />Willamette River, and other open waterways. <br />^ Special Serial Levy (Local Option Levy): This is a property tax <br />assessment that can be used for the construction, operation, <br />and/or maintenance of parks and facilities, and for recreation <br />programming. This type of levy is established for a given rate or <br />amount for a specific period of time, generally one to five <br />years. Passage requires a double majority (a majority of <br />registered voters must vote and a majority of those voting must <br />approve the measure), unless during a general election in <br />even-numbered years, in which case a simple majority is <br />required. The advantage of the serial levy is that there are no <br />interest charges. However, serial levies have become more <br />difficult to pass in Oregon because of the double-majority <br />requirement. In the future, the. use of a serial levy may be <br />increasingly difficult because of a $10/$1,000 tax limitation for all <br />taxing agencies in the area, except schools. <br />Recently, the City has used two local option levies to help fund <br />recreation services. Measure 20-37 was atwo-year levy giving <br />the City approximately $714,000 per year to provide <br />neighborhood-based youth activities during non-school hours. <br />The levy expired at the end of December 2003. <br />Measure 20-67 is a four-year local option levy passed in <br />November 2002. The City receives 7%, or about $425,000 per <br />year to fund youth services such as Summer Fun for All activities. <br />The remaining 93% of this levy is divided between the Bethel <br />and 4J School Districts to use for recreation activities as well as <br />other student and school activities. <br />• General Obligation Bond: This voter-approved bond is an <br />assessment on real property. Funding can be used for capital <br />improvements, but not maintenance. This property tax is levied <br />for a specified ,period of time, usually 10-30 years. As with serial <br />84 City of Eugene PROS Comprehensive .Plan <br />Draft <br />