Res. 2145 - PERS Side Account ContributionCOUNCIL BILL NO. 3113
RESOLUTION NO. 2145
A FY 2019-2020 RESOLUTION APPROVING $733,333 IN TRANSFERS OF
APPROPRIATIONS IN VARIOUS FUNDS AND APPROVING THE CREATION OF A SIDE
ACCOUNT THROUGH THE CONTRIBUTION OF $2,823,043 TO PERS
WHEREAS, ORS 294.463(1)(a) 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 not 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
containing 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 12, 2019 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 appropriation and supplemental
Page 1 - Council Bill No. 3113
Resolution No. 2145
budget for FY 2019-20 in the amounts listed in Exhibit "A" and a contribution to
PERS totaling $2,823,043 for the creation of a side account.
Funds
Operating**
Transfers
Debt
Contingency
Total
General Fund 001*
Adopted
$
14,370,750
$
408,290
$
575,000
$
3,761,890
$
19,115,930
Change
$
-
$
460,000
$
-
$
(460,000)
$
-
Amended
$
14,370,750
$
868,290
$
575,000
$ 3,301,890
$
19,115,930
Building Fund 123
Adopted
$
1,503,480
$
6,480
$
-
$
1,322,040
$
2,832,000
Change
$
-
$
28,000
$
-
$
(28,000)
$
-
Amended
$
1,503,480
$
34,480
$
-
$
1,294,040
$
2,832,000
Street Fund 140
Adopted
$
2,787,780
$
2,095,750
$
-
$
1,000,000
$
5,883,530
Change
$
-
$
46,000
$
-
$
(46,000)
$
-
Am ended
$
2,787,780
$
2,141, 750
$
-
$
954,000
$
5,883,530
Water Fund 470
Adopted
$
2,720,490
$
65,850
$
1,624,950
$
128,780
$
4,540,070
Change
$
(68,000)
$
68,000
$
-
$
-
$
-
Amended
$
2,652,490
$
133,850
$
1,624,950
$
128,780
$
4,540,070
Sewer Fund 472
Adopted
$
4,383,060
$
1,046,200
$
4,469,000
$
798,660
$
10,696,920
Change
$
(99,000)
$
99,000
$
-
$
-
$
-
Amended
$
4,284,060
$
1,145,200
$
4,469,000
$
798,660
$
10,696,920
IT Fund 568
Adopted
$
1,104,720
$
4,840
$
-
$
193,440
$
1,303,000
Change
$
-
$
21,000
$
-
$
(21,000)
$
-
Amended
$
1,104,720
$
25,840
$
-
$
172,440
$
1,303,000
Insurance Fund 581
Adopted
$
868,340
$
690
$
-
$
547,970
$
1,417,000
Change
$
-
$
3,000
$
-
$
(3,000)
$
-
Amended
$
868,340
$
3,690
$
-
$
544,970
$
1,417,000
Urban Renewal Fund 720
Adopted
$
4,213,200
$
2,290
$
268,500
$
200,010
$
4,684,000
Change
$
-
$
10,000
$
-
$
(10,000)
$
-
Amended
$
4,213,200
$
12,290
$
268,500
$
190,010
$
4,684,000
TOTAL
Adopted
$
31,951,820
$
3,630,390
$
6,937,450
$
7,952,790
$
50,472,450
Change
$
(167,000)
$
735,000
$
-
$
(568,000)
$
-
Amended
$
31,784,820
$
4,365,390
$
6,937,450
$
7,384,790
$
50,472,450
Fund
Reserve for PERS Fund 693
Resource or Revenues
Fund Balance
Transfers
Misc Revenue
Contingency
Total
Adopted
$
1,667,000
$
362,710
$
60,000
$
2,089,710
Change
$
-
$
735,000
$
-
$
735,000
Amended
$
1,667,000
$
1,097,710
$
60,000
$
-
$
2,824,710
Requirement or Expenditures
Operating"
Transfers
Debt
Contingency
Total
Adopted
$
2,089,710
$
-
$
-
$
-
$
2,089,710
Change
$
735,000
$
-
$
-
$
-
$
735,000
Amended
$
2,824,710
$
-
$
-
$
-
$
2,824,710
Comments: Transfer additional monies
into Reserve for PERS
Fund 693
* General Fund transfer includes
Transit share of $28,000
** Operating includes personnel, materials and services and capital outlay
Page 2 - Council Bill No. 3113
Resolution No. 2145
Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
ATTEST:
,4��
Heather Pierson, City Recorder
City of Woodburn, Oregon
Page 3 - Council Bill No. 3113
Resolution No. 2145
Exhibit A
SUMMARY OF PROPOSED BUDGET CHANGES
Funds
Operating" Transfers
Debt
Contingency
Total
General Fund 001*
Adopted
$ 14,370,750 $
408,290 $
575,000
$ 3,761,890 $
19,115,930
Change
-
460,000
-
(460,000)
-
Amended
14,370,750
868,290
575,000
3,301,890
19,115,930
Building Fund 123
Adopted
1,503,480
6,480
-
1,322,040
2,832,000
Change
-
28,000
-
(28,000)
-
Amended
1,503,480
34,480
-
1,294,040
2,832,000
Street Fund 140
Adopted
2,787,780
2,095,750
-
1,000,000
5,883,530
Change
-
46,000
-
(46,000)
-
Amended
2,787,780
2,141,750
-
954,000
5,883,530
Water Fund 470
Adopted
2,720,490
65,850
1,624,950
128,780
4,540,070
Change
(68,000)
68,000
-
-
-
Amended
2,652,490
133,850
1,624,950
128,780
4,540,070
Sewer Fund 472
Adopted
4,383,060
1,046,200
4,469,000
798,660
10,696,920
Change
(99,000)
99,000
-
-
-
Amended
4,284,060
1,145,200
4,469,000
798,660
10,696,920
IT Fund 568
Adopted
1,104,720
4,840
-
193,440
1,303,000
Change
-
21,000
-
(21,000)
-
Amended
1,104,720
25,840
-
172,440
1,303,000
Insurance Fund 581
Adopted
868,340
690
-
547,970
1,417,000
Change
-
3,000
-
(3,000)
-
Amended
868,340
3,690
-
544,970
1,417,000
Urban Renewal Fund 720
Adopted
4,213,200
2,290
268,500
200,010
4,684,000
Change
-
10,000
-
(10,000)
-
Amended
4,213,200
12,290
268,500
190,010
4,684,000
TOTAL
Adopted
31,951,820
3,630,390
6,937,450
7,952,790
50,472,450
Change
(167,000)
735,000
-
(568,000)
-
Amended
31,784,820
4,365,390
6,937,450
7,384,790
50,472,450
Fund
Reserve for PERS Fund 693
Resource or Revenues
Fund Balance
Transfers Misc
Revenue
Contingency
Total
Adopted
1,667,000
362,710
60,000
2,089,710
Change
-
735,000
-
735,000
Amended
1,667,000
1,097,710
60,000
-
2,824,710
Requirement or Expenditures
Operating"
Transfers
Debt
Contingency
Total
Adopted
2,089,710
-
-
-
2,089,710
Change
735,000
-
-
-
735,000
Amended
$ 2,824,710 $
- $
-
$ - $
2,824,710
Comments: Transfer additional monies into Reserve for PERS Fund 693
* General Fund transfer includes
Transit share of $28,000
** Operating includes personnel, materials and services and capital outlay