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Sherwood adopts resolution to accept state shared revenues; staff outlines general and restricted buckets
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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 that supports general operations and more restricted monies allocated to street operations and maintenance. "There's 2 different, revenue buckets that we receive, state shared revenue, the general fund, mostly unrestricted, helps to fund operations. And then also we receive more restricted funds. Those are in our street operations funds to help us maintain the streets," staff member David said.
The council held the required public hearing for state shared revenues (a step previously started at the budget committee), received no written or oral testimony, and then voted to adopt the resolution. A motion to adopt Resolution 2025-050 carried on a voice vote; the record shows no roll-call breakdown of votes.
Staff recommended adoption and confirmed that the revenue categories are reflected in the adopted budget and in the city’s street maintenance programs such as repaving and slurry seal. The council approved the resolution without amendments.
