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Sherwood adopts resolution to accept state shared revenues; staff outlines general and restricted buckets
5749797 · June 25, 2025
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Summary
Council approved Resolution 2025-050 to declare Sherwood's election to receive state shared revenues; staff described two buckets of shared revenue—general-purpose funds and more restricted street operations funds. No public testimony was received.
The Sherwood City Council on June 24 approved Resolution 2025-050, formally declaring the city's election to accept state shared revenues for the coming budget period.
City staff explained that the state of Oregon shares revenue with municipalities in two primary categories: largely unrestricted shared revenue…
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