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Ord 2349 - Supplemental Budget COUNCIL BILL NO. 2481 ORDINANCE NO. 2349 AN ORDINANCE ADOPTING A SUPPLEMENTAL BUDGET FOR FISCAL YEAR 2003-2004 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 Notice of Supplemental Budget Hearing and Financial Summary was published in the Woodburn Independent on October 15, 2003 as required under State budget law; and WHEREAS, the City Council held a public hearing on October 27,2003 to give citizens an opportunity to comment on the proposed 2003-2004 supplemental budget, now, therefore, THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. That the supplemental budget for fiscal year 2003-2004 is hereby adopted as set forth below. Section 2. That fiscal year 2003-2004 revenues and appropriations are adjusted as follows: Revenues Appropriations GENERAL FUND CAPITAL IMPROVEMENT FUND: Revenue Adjustments: Transfer from Library Endowment Fund Total General Fund CIP Revenue Adjustment Appropriation Adjustments: Capital Outlay - Other Buildings Operating Contingency Total General Fund Appropriation Adjustments $ 58.000 $ 58.000 $ 60,500 ( 2.500) $ 58.000 CIPRIANO FERREL FUND: Revenue Adustment: Federal Grant Total Cipriano Ferrel Fund Revenue Adjustment Appropriations Adjustment: Capital Outlay - Other Buildings Total Cipriano Ferrel Fund Appropriations Adjustment $ 86.000 $ 86.000 $ 86.000 $ 86.000 Page 1 - COUNCIL BILL NO. 2481 ORDINANCE NO. 2349 ....-' .,._,.~-,--------- ..,. LIBRARY ENDOWMENT FUND: Appropriation Adjustment: Transfer to General Fund CIP Fund Operating Contingency Total Library Endowment Fund Net Appropriations Adjustment $ 58,000 (58,000) $ - 0- 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. 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 during the 2003-04 fiscal year and this ordinance shall take effect immediately upon passage by the Council and approval by the Mayor. Approved as to Form~f ?vJ- ~ City Attorney //- 6. 2/;0 J Date APPRO Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder November 10, 2003 November 12, 2003 November 12, 2003 November 12, 2003 ATTEST: fY/~~ Mary Te ant, Recorder City of Woodburn, Oregon Page 2 - COUNCIL BILL NO. 2481 ORDINANCE NO. 2349 ...._,........ .__._4_'_.'_'''"__'''__''~_ ~ ..,.. ---- T