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Ord 2406 - Sup Budget COUNCIL BILL NO. 2637 ORDINANCE NO. 2406 AN ORDINANCE ADOPTING A SUPPLEMENTAL BUDGET FOR FISCAL YEAR 2006-2007 AND DECLARING AN EMERGENCY. WHEREAS, Oregon State Statute 294.480 allows for the adoption of a supplemental budget during a fiscal year to meet changes in financial planning, and WHEREAS, the public notice required under State budget law was published in the Woodburn Independent on July 19,2006, and WHEREAS, during the regular City Council meeting on July 24, 2006, citizens were given an opportunity to comment on the proposed 2006-07 supplemental budget, now, therefore, THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. That a supplemental budget for fiscal year 2006-07 is hereby adopted as set forth below. Section 2. That fiscal year 2006-07 revenues and appropriations are adjusted as follows: Revenues Appropriations GENERAL FUND: Appropriations: Interfund Transfer - General Fund CIP Fund General Fund Operating Contingency 21,703 (21. 703) Total General Fund Appropriations Net Adjustment $ - 0- GENERAL FUND elF FUND: Revenue: Transfer from General Fund Total General Fund CIP Revenue Increase Appropriations: Capital Outlay - Communications Equipment Total General Fund CIP Fund Appropriation Increase $ 21.703 $ 2l~703 21.703 $ 21.703 Section 3. That if any clause, sentence, paragraph, section or portion of this ordinance for any reason shall be adjudged invalid by a court of competent jurisdiction, such judgment shall be confined in its operation to the clause, sentence, paragraph, section or portion of this ordinance directly involved in the controversy in which such judgment is rendered. Page I - COUNCIL BILL NO. 2637 ORDINANCE NO. 2406 "..~ T Section 4. This ordinance being necessary for the public peace, health and safety, an emergency is declared to exist in that appropriation adjustments are necessary to meet estimated expenditures that will need to be paid within the next 30 days and payment cannot be made until such time as appropriations are adopted by the Council and this ordinance shall take effect immediately upon passage by the Council and approval by the Mayor. Approved as to Form:~. n ~ City Attorney APPRO z \ Lac 6 Passed by the Council Submitted to the Mayor Jul y 26. 2006 Jul y 26, 2006 Approved by the Mayor Filed in the Office of the Recorder Jul y 26, 2006 ATTEST: -/'/ : . ...:.::-.~r . A~ -\.- ..--'< Ma ennant, Recorder City of Woodburn, Oregon Page 2 - COUNCIL BILL NO. 2637 ORDINANCE NO. 2406 ....""" 1"