Loading...
HomeMy WebLinkAbout2017-02 Supplemental Budget 2015-17 RESOLUTION N0.2017- A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET FOR CHANGES TO THE 2015-17 BIENNIAL BUDGET RECITALS: ORS 294.471 permits the governing body of a municipality to make a supplemental budget for one or more of the following reasons a. An occurrence or condition which had not been ascertained at the time of the preparation of a budget for the current year which requires a change in financial planning. b. A pressing necessity which was not foreseen at the time of the preparation of the budget for the current year which requires prompt action. c. Funds were made available by another unit of federal, state or local government and the availability of such funds could not have been ascertained at the time of the preparation of the budget for the current year. THE CITY OF ASHLAND RESOLVES AS FOLLOWS: Section 1. In accordance with provisions stated above, the Mayor and City Council of the City of Ashland determine that it is necessary to adopt a supplemental budget, establishing the following amendments: Transfers: Appropriation Resource Central Service Fund Administration/Salary & Wages 100,300 Public Works-Administration/Salary & Wages 55,300 City Recorder/Bank Charges 80,000 Contingency 125,E $ 180,300 $ 180,300 Electric Fund Electric/Energy 300,000 Electric/Transmission 300,E $ 300,000 $ 300,000 Airport Fund Capital Outlay 48,000 Contingency 13,E Professional Services' 10,000 Central Service 25,000 $ 48,000 $ 48,000 Health Benefits Fund Health Benefits/Claims 250,E Contingency 250,000 $ 250,000 $ 250, 000 Additional appropriations: General Fund Fire Life & Safety/FEMA Grant Expense 110,717 Fire Forest Division/OWEB Grant Expense 568,100 Grant Revenue 678,_817_ 678,817 678,817 Pagel of 2 i Section 2. All other provisions of the adopted 2015-2017 BIENNIUM BUDGET not specifically amended or revised in this Supplemental Budget remain in full force and effect as stated therein. Section 3. This resolution was duly PASSED and ADOPTED this 7th day of March, 2017, and to s effect upon signing by the M or. r Barbara Christensen, City Recorder SIGNED and APPROVED this day of , 2017. Strom rg, Mayor kjn Rev' ed as to form:! AAC vid H. Lohman, ' y Attorney Page 2 of 2