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Res 2014 - Supplemental 2011-2012 Budget COUNCIL BILL NO. 2896 RESOLUTION NO. 2014 A RESOLUTION APPROVING TRANSFERS OF FY 2011 -2012 APPROPRIATIONS AND APPROVING A SUPPLEMENTAL BUDGET. WHEREAS, ORS 294.450(1) permits "transfers of appropriations" within any fund when authorized by official resolution or ordinance of the governing body "; and WHEREAS, ORS 294.450(2) limits "[t]ranfers of general operating contingency appropriations to no more than ten (10) percent of the total appropriations of the fund" unless adopted pursuant to a supplemental budget; and WHEREAS, transfers made pursuant to any of the above must state the need for the transfer, the purpose for the authorized expenditure, and the amount of the appropriation transferred; and WHEREAS, ORS 294.480(1) (a) permits supplemental budgets when "an occurrence of condition which had 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 294.480(4) requires the governing body to hold a public hearing on the supplemental budget "when the estimated expenditures contained in the supplemental budget for fiscal year or budget period differ by then (10) percent or more of any one of the individual funds contained in the regular budget for that fiscal year "; and WHEREAS, the following transfer is made pursuant to ORS 294.450; and WHEREAS, the following supplemental budget is made pursuant to ORS 294.480; and WHEREAS, a public hearing was held to discuss the supplemental budget changes pursuant to ORS 294.480(4); NOW, THEREFORE, THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. That pursuant to the applicable ORS provisions cited above, the City Council hereby approves the transfers of appropriations and supplemental budget for FY 2011-2012 in the amounts listed in Exhibit "A." Page 1 — COUNCIL BILL NO. 2896 RESOLUTION NO. 2014 Approved as to Forme -� L 2' ) 2 City Attorney Dat 7 APPRO D: / Kathr Figle fir or 11041 Passed by the Council /tS/e6/ Submitted to the Mayor Q/4o(7-61 Z Approved by the Mayor (/P- /lo / Filed in the Office of the Recorder t//f0t4 / ATTEST: hristina She•p ity Recorder City of Woodb - n, Oregon Page 2 - COUNCIL BILL NO. 2896 RESOLUTION NO. 2014 City of Woodburn 2011 -2012 Supplemental Budget Exhibit A June, 2012 Fund Original Supplemental Revised Transit Personal Services 328,683 36,000 364,683 Materials & Services 251,671 (27,500) 224,171 Capital Outlay 19,352 1,500 20,852 Contingency 19,474 (10,000) 9,474 RSVP Personal 82,222 (1,000) 81,222 Materials & Services 5,640 1,000 6,640 WWTP Materials & Services 1,210,000 250,000 1,460,000 Capital Outlay 2,076,495 (280,000) 1,796,495 Debt Service 2,514,599 30,000 2,544,599 Sewer Personal Services 1,287,474 60,000 1,347,474 Materials & Services 1,031,582 (60,000) 971,582 Information Services Revenue - Charges for Services (704,674) (35,000) (739,674) Materials & Services 364,773 19,000 383,773 Capital Outlay 120,300 16,000 136,300 Building Maintenance Personal 370,565 10,000 380,565 Materials & Services 345,910 (10,000) 335,910 0.07114%