HomeMy WebLinkAbout2023-26 Budget Transfer 2023-25A RESOLUTION ADOPTING A BUDGET TRANSFER FOR CHANGES TO THE 2023-
25 BIENNIUM BUDGET
RECITALS:
A. The City of Ashland 2023-25 Biennium Budget was adopted on June 6, 2023, for the
period of July 1, 2023 through June 30, 2025.
B. The City of Ashland (City) is authorized by ORS 294.263(2) to approve a budget transfer
from Contingency to the Information Technology budget for one or more of the
following reasons:
1. 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.
2. A pressing necessity which was not foreseen at the time of the preparation of the
budget for the current year which requires prompt action.
3. 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 HEREBY 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 approve a budget transfer, establishing the following
amendments:
Resolution No. 2023-26 Page I of 2
General Fund
IT Deparn*nz
Generaa Fund Contn9ency
Transfers
Mpro oration Resource
222,0,00
N►r
SECTION 2. This resolution is effective upon adoption.
222,000
222,000
This resolution was duly PASSED and ADOPTED this 7th day of November 2023, and
takes effect upon signing by the Mayor.
Alissa Kolodzinski, City Recorder
SIGNED and APPROVED this 7th day of November 2023.
Tonya Graham, Mayor
Reviewed as to form:
Douglas'M. McGeary, Acting City Attorney
Resolution No. 2023-26 Page 2 of 2