Res. 2246 - Supplemental Budget Building Fund FY24-25; Fire Department Allocation COUNCIL BILL NO. 3274
RESOLUTION NO. 2246
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET AND MAKING APPROPRIATIONS
FOR THE BUILDING FUND FOR FY 2024-25 TO ACCOUNT FOR INCREASED PASS-THROUGH
REVENUES FROM PERMIT ACTIVITY; AND AUTHORIZING TRANSFER OUT OF THE BUILDING
FUND CONTINGENCY & RESERVES FOR FIRE DEPARTMENT ALLOCATION OF FIRE PLAN
REVIEW FEES
WHEREAS, on June 10, 2024, the Woodburn City Council approved
Resolution No. 2232 adopting a budget for the fiscal year 2024-2025, wherein
funds were appropriated; and
WHEREAS, ORS 294.463(3) permits "transfers of appropriation or of
appropriations and an equal amount of budget resources may be made
between funds of the municipal corporation when authorized by ordinance or
resolution of the governing body"; and
WHEREAS, ORS 294.471 (1 )(a) permits supplemental budgets when "an
occurrence or condition which has not been ascertained at the time of the
preparation of a budget for the current year or current budget period which
requires a change in financial planning"; and
WHEREAS, ORS 294.473 requires a governing body to hold a public hearing
on a supplemental budget when the estimated expenditures contained in the
supplemental budget for fiscal year or budget period differ by ten (10) percent
or more of any one of the individual funds contained in the regular budget for
that fiscal year; and
WHEREAS, no public hearing was required for this supplemental budget
because the estimated expenditures contained in it are less than the threshold
amount specified by ORS 294.473(a)(a); NOW, THEREFORE,
THE CITY OF WOODBURN RESOLVES AS FOLLOWS:
Section 1. That pursuant to the applicable ORS provisions cited above,
the City Council hereby adopts the recommendation in the staff report attached
and incorporated by reference herein, to approve the transfers of appropriations
and supplemental budget for FY 2024-25 in the amounts shown in the summary
below:
Page 1 -COUNCIL BILL NO. 3274
RESOLUTION NO. 2246
SUMMARY OF PROPOSED BUDGET CHANGES
AMOUNTS SHOWN ARE REVISED TOTALS IN THOSE FUNDS BEING MODIFIED
Building Fund-123
Resource Original Change RRevised Requirement Original Change Revised
1 Beg,Fund Balance S,536,540 8,536,540 I Operating Expenses 2,354,780 760,000 3,114,780
2 Revenues 2,882,000 690,000 3,572,000 Transfers Out 420,000 420,000
Contingency&Reserves 8,643,760 (70,000) 8,573,760
Revised Total Fund Resources 12,108,540 Revised Total Fund Requirements 12,108,540
Comments:Tn account for increased pass through revenues for State Surcharge and Construction Excise Tax from permit activity,and new fire Department
allocation of Fire Plan Review fees.
Approved as to form:
City At rney Date
Approved:
Frank Lonerggan, Mayor
Passed by the Council ,; ,, °" , ' -
Submitted to the Mayor
�s
Approved by the Mayor "�
Filed in the Office of the Recorder ;,, "
ATTEST: 1/'A P 11 K111",41n
Heather Pierson City Recorder
City of Woodburn, Oregon
Page 1 - COUNCIL BILL NO. 3274
RESOLUTION NO, 2246