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Res. 2212 - Transfer of appropriatons within the street fund for FY 2022-23COUNCIL BILL NO. 3216 RESOLUTION NO. 2212 A RESOLUTION AUTHORIZING THE TRANSFER OF APPROPRIATIONS WITHIN THE STREET FUND FOR THE FISCAL YEAR 2022-23 WHEREAS, on June 13, 2022, the Woodburn City Council approved a Resolution adopting a budget for the fiscal year 2022-2023, wherein funds were appropriated; and WHEREAS, ORS 294.463 provides that transfers of appropriations may be made within a given fund when authorized by Resolution of the City Council; and WHEREAS, the City routinely budgets certain amounts and contingencies to provide budget resources to fund appropriations. not anticipated at the time of budget adoption; and WHEREAS, transfers may be made from an operating appropriation to the appropriation category from which it will be expended and may be made through a resolution without adoption of a supplemental budget; and WHEREAS, changes to previously budgeted appropriations in the Street Fund are needed to support street capital projects with savings in the Fund's materials and service budget, NOW, THEREFORE, THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. Transfer of Appropriations. The following Transfer of Appropriations within the Street Fund for the 2022-2023 fiscal year is hereby approved: Street Fund (140) Expenditures Budget Annrnnrintinn Trnncfarc In MiM Q—A—A e....r., ;, +;-- Personnel $ - 1,181, 670 $ - $ - , 1,181,670 Materials&Services- StreetMaint $ 1,963,950 $ (100,000) $ 1,863,950 Materials&Services- StreetAdmin $ 365,760 $ 365,760 Transfer Out $ 2,084,500 $ 100,000 $ 2,184,500 Contingencies & Reserve $ 2,473,650 $ 2,473,650 Total $ 8,069,530 $ 8,069,530 Page 1 - COUNCIL BILL NO. 3216 RESOLUTION NO. 2212 Approved as to form: City Attorney Date Approved: 9 , C�L'L:f � Frank Lonergan, ayor Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder i ATTEST: V�j,'PV\ Heather Pierson City Recorder City of Woodburn, Oregon Page 2 - COUNCIL BILL NO. 3216 RESOLUTION NO. 2212 02 3