Res. 2171 - Supplemental Budget COUNCIL BILL NO. 3155
RESOLUTION NO. 2171
A RESOLUTION APPROVING TRANSFERS OF FY 2020-2021 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 f 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 May 24, 2021 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 2020-21 in the amounts shown and for the purposes outlined in the
summary.
Page 1 - COUNCIL BILL NO. 3155
RESOLUTION NO. 2171
SUMMARY OF PROPOSED BUDGET CHANGES
AMOUNTS SHOWN ARE REVISED TOTALS M THOSE FUNDS BEING MODIFIED
General Fund 001
Resource Original Change Revised Requirement Original Change Revised
I Planning Mater ial&Services 70,750 50,000 120,750
2 Conti ngericy 3,938,440 (50,000) 3,888,440
Revised Total Fund Resources Revised Total Fund Requirements
Comments: P'lonning assistance Gront H82001&982003
SUMMARY OF PROPOSED BUDGET CHANGES
AMOUNTS SHOWN ARE REVISED TOTALS IN THOSE FUNDS BEING MODIFIED
Building Fund 123
Resource Original Change Revised Requirement Original Change Revised
1 Revenue 1,898,890 700,000 2,598,890 1 Operating Expenses 1,898,890 700,0'00 2,598,890
2 2
Revised Total Fund Resources 2,548,890 Revised Total Fund Requirements E2,7598,890_
Comments: Increase in revenue& expense due to high building activity affecting associated taxes
SUMMARY OF PROPOSED BUDGET CHANGES
AMOUNTS SHOWN'ARE REVISED TOTALS IN THOSE FUNDS BEING MODIFIED
Urban Renewal Fund 720
Resource Original Change Revised Requirement Original! Change Revised
1 Revenue 1,953,260 100,000 2,053,260 1 Operating Expenses 1,953,260 100,000 2,053,260
2 2
Revised Total Fund Resources 2,053,260 Revised Total Fund Requirements 2,053,260
Comments:State Grants ollocoted to Urban Renewal capitol projects.
e—;n e?
Approved as to Form.
City Attorney Dak
APPROVED:
Eric Swenson, Mayor
Passed by the CouncH kh O.',i 1 z a I
Submitted to the Mayor pkt,,,,�0
Approved by the Mayor KklL
Filed in the Office of the Recorder tarzzi t971
ATTEST: , , fVj
bather Terson, City Recorder
City of Woodburn, Oregon
Page 2- COUNCIL BILL NO, 3155
RESOLUTION NO. 2171