Res. 2167 - Supplemental Budget1*1011MY 19314111111ZLOXOM
A RESOLUTION APPROVING TRANSFERS OF FY 2020-2021 APPROPRIATIONS AND
APPROVING A SUPPLEMENTAL BUDGET
WHEREAS, ORS 294.463(1) permits "transfers of a ppropriaf ions"' within any
fund "when authorized by official resolution or ordinance of f he 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 f he 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 (])(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 March 22, 2021 on the supplemental
budget changes, NOW, THEREFORE,
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 2020-21 in the amounts shown below for the purposes of funding
the CDBG, Cares Act Emergency Rental Assistance Funds.
Page I - COUNCIL BILL NO. 3147
RESOLUTION NO. 2167
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 2020-21 in the amounts shown below for the purposes of funding
the CDBG, Cares Act Emergency Rental Assistance Funds.
Page I - COUNCIL BILL NO. 3147
RESOLUTION NO. 2167
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 2020-21 in the amounts shown below for the purposes of funding
the CDBG, Cares Act Emergency Rental Assistance Funds.
Page I - COUNCIL BILL NO. 3147
RESOLUTION NO. 2167
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 2020-21 in the amounts shown below for the purposes of funding
the CDBG, Cares Act Emergency Rental Assistance Funds.
Page I - COUNCIL BILL NO. 3147
RESOLUTION NO. 2167
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 2020-21 in the amounts shown below for the purposes of funding
the CDBG, Cares Act Emergency Rental Assistance Funds.
Page I - COUNCIL BILL NO. 3147
RESOLUTION NO. 2167
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 2020-21 in the amounts shown below for the purposes of funding
the CDBG, Cares Act Emergency Rental Assistance Funds.
Page I - COUNCIL BILL NO. 3147
RESOLUTION NO. 2167