Res 2054 - Supplemental BudgetCOUNCIL BILL NO. 2968
RESOLUTION NO. 2054
A RESOLUTION APPROVING TRANSFERS OF FY 2014-2015 APPROPRIATIONS AND
APPROVING A SUPPLEMENTAL BUDGET
WHEREAS, ORS 294.463(1) permits "transfers of appropriations" within any
fund "when authorized by official resolution or ordinance of the governing
body"; and
WHEREAS, ORS 294.463(2) limits "transfers of general operating
contingency appropriations to no more than fifteen (15) 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 294.471(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 294.473 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 transfers contained herein are made pursuant to ORS
294.463; and
WHEREAS, the supplemental budget contained herein is made pursuant to
ORS 294.471, and
WHEREAS, a public hearing was held Sept 8, 2014 on the supplemental
budget changes, NOW, THEREFORE,
THE CITY OF WOODBURN RESOLVES AS FOLLOWS:
Section 1. That pursuant to the applicable ORS provisions cited above,
Page 1 - COUNCIL BILL NO. 2968
RESOLUTION NO. 2054
the City Council hereby approves the transfers of appropriations and
supplemental budget for FY 2014-15 in the amounts listed in Exhibit "A."
Approved as to Form (e W / "'
City Attorney
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Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
ATTEST: ' 19 '
Heather Pierson, City Recorder
City of Woodburn, Oregon
Page 2 - COUNCIL BILL NO. 2968
RESOLUTION NO. 2054
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