Res. 2125 - FY 2018/19 Supplemental Budget COUNCIL BILL NO. 3084
RESOLUTION NO. 2125
A RESOLUTION APPROVING TRANSFERS OF FY 2018-2019 APPROPRIATIONS AND
APPROVING A SUPPLEMENTAL BUDGET
WHEREAS, ORS 294.463(1 ) permits "transfers of appropriations" within any
fund "when authorized by official ordinance or resolution 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
ten (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 November 13, 2018 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, the
City Council hereby approves the transfers of appropriations and supplemental
budget for FY 2018-19 in the amounts listed in Exhibit "A."
Page 1 - COUNCIL BILL NO. 3084
RESOLUTION NO. 2125
Approved as to Form: 00/3
City AttXhd� Date
APPROVED:
kathry Figle Y�
r
&,
Passed by the Council ~ae-'r i-s' .2 01k,
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
ATTEST: oe 4 ,
Heather Pierson, City Recorder
City of Woodburn, Oregon
Page 2 - COUNCIL BILL NO. 3084
RESOLUTION NO. 2125
Exhibit A
City of Woodburn
2018-2019 Supplemental Budget
November 13,2018
NOTICE
A public hearing on a proposed supplemental budget for the City of Woodburn,Marion County,State of Oregon,for the fiscal year July 1,2018
to June 30,2019 will be held at the City of Woodburn City Hall,270 Montgomery St Woodburn,Oregon 97071. The hearing will take place
November 13,2018 at 7:00 pm. The purpose of the hearing is to discuss the supplemental budget with interested persons. A copy of the
supplemental budget document may be inspected or obtained on or after November 7,2018 at the City of Woodburn City Hall,270
Montgomery St Woodburn,Oregon 97071,between the hours of 8:00 am and 4:00 pm or on the City's website at www.ci.woodburn.or.us.
SUMMARY OF PROPOSED BUDGET CHANGES
AMOUNTS SHOWN ARE REVISED TOTALS IN THOSE FUNDS BEING MODIFIED
Parks SDC Fund 364
Resource Original Change Revised Requirement Original Change Revised
1 - - Materials&Services - 43,000 43,000
2 Contingencies&Reserves 705,590 (43,000) 662,590
Revised Total Fund Resources r 705,590 Revised Total Fund Requirements 705,590
Comments: Transfer for Parks SDC Refund to developers of Boones Crossing Phase 6
General Fund 001
Resource Original Change Revised Requirement Original Change Revised
1 - Transfers Out 1,387,000 615,000 2,002,000
2 Contingencies&Reserves 3,949,010 (615,000) 3,334,010
Revised Total Fund Resources F 5,336,0101 Revised Total Fund Requirements 5,336,010
Comments: Transfer for City Holl Remodel project
General Fund Cap Construction Fund 358
Resource Original Change Revised Requirement Original Change Revised
1 Transfers In 1,387,000 615,000 2,002,000 Capital Outlay 2,987,000 615,000 3,602,000
2 Other Financing 1,600,000 - 1,600,000 -
Revised Total Fund Resources r 3,602,0001 Revised Total Fund Requirements 3,602,000
Comments: Transfer for City Hall Remodel project
I'