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HomeMy WebLinkAbout2017-29 A supplemental Budget for changes to the 2017-19 Biennial Budget RESOLUTION NO. 2017-29 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET FOR CHANGES TO THE 2017/19 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 General Fund Police Department 10,000 Transfer Out 166,351 Contingency 10,000 Community Development- Planning 166,351 $ 176,351 $ 176,351 Parks and Recreation Fund Recreation Division 5,682 Parks Division 5,682 $ 5,682 $ 5,682 Street Fund Public Works - Operations 56,315 Contingency _ 56,315 $ 56,315 $ 56,315 Parks Capital Improvement Fund Materials 150,000 Capital Outlay 150,000 $ 150,000 $ 150,000 Water Fund Public Works - SDC 125,000 Contingency 125,000 $ 125,000 $ 125,000 Page t of 2 Additional appropriations: Appropriation Resource General Fund Fire and Rescue Department 59,285 Grant Revenue 59,285 $ 59,285 $ 59,285 Housing Trust Fund Community Development- Housing 366,351 Transfer in - (from General Fund) 166,351 Tax - Local Marijuana Tax 200,000 $ 366,351 $ 366,351 Street Fund Misc. - Notes Receivable 185,014 Public Works - Operations 185,014 $ 185,014 $ 185,014 Section 2. All other provisions of the adopted 2017-2019 BIENNIUM BUDGET not specifically amended or revised in this Supplemental Budget remain in full force and effect as stated therein. , This resolution was duly PASSED and ADOPTED this day of PA&AAL 2017, and takes effect upon signing by the Mayor. Melissa Huhta a, City Recorder SIGNED and APPROVED this k day of bAaAAZ---- '2017. I J Stromberg, Mayor Reviewed as to form: u~ David H. Lohman, City Attorney Page 2 of 2