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HomeMy WebLinkAbout2022-14 Supplemental Budget FY 2021/23 BN1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 RESOLUTION NO. 2022-0, 14 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET FOR CHANGES TO THE 2021/23 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. , NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ASHLAND, OREGON, 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: Debt Credi Tourism Fund Personnel Services 80,000 Materials and Services 20,000 Taxes 100,000 , Is 100,000 $ 100,000 Community Development Block Grant Fund Personnel Services 5,394 _ Materials and Services 5,394 $ 5,394 $ 5,394 Telecommunication —Fund Personnel Services 145,729 Materials and Services 145,729 $ 145,729 $ 145,729 RESOLUTION NO.2022-14 Page 1 of 3 ♦ I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Sett General Fund Transfer to the Housing Fund 200,000 Taxes 1 200,000 $ 200,000 $ 200,000 Housing _Fund - Taxes 200,000 Transfer in from he General Fund 200,000 I S 200,000 ( $ 200,000 Tourism Fund Personnel Services 80,000 Materials and Services 20,000 Taxes 100,000 $ 100,000 $ 100,000 General Fund Transfer to he Reserve 1,700,000 Transfer to Parks General Fund 1,650,000 Funding for imnedra9e emergency response Adninistralion De artnent 237,000 _ Funding br EOC poslon Adninistralon Deparlrnennent 140,000 Funding for DEI Assessment Adninistralon Department 40,000 Funding for IT posNon IT - Computer Services Div. 40,000 Fund balance 1,350,000 i Reduce Departmental budgets ' 1 727,000 I Reduce Departnenis personnel for vacancy savings _'2 780,000 eeWo izee greafer than budgeled revenue 1B2nE¢t and a rho rriaie a greeler than budgeted .3 1,350,000 t begiinning General Fund balance _ 2,300,000 $ 5,157,000 S 5,157,000 Parks G �Nneral Fund Food & Beverage Taxes 1,650,000 Transfer lo he Reserve Fund 300,000 Transfer from the General Fund Recog d a promo riafe a greater lhan budgeted 1,650,000 beginning Parks General Fund balance 300,000 $ 1,950,000 is 1,950,000 M Roserye_Fund Fund Balance 2,000,000 tansfer tom he Parks General Fund 300,000 tansfer tam he General Fund 1,700,000 S 2,000,000 ; 2,000,000 • 1- Reduce Departmental budgets Commrnfly Development 20,000 J Administralon De artrent 138,600 Finance Departrnent 156,200 Parks & Recreaton Division 350,000 Public Works Department 62,200 Total Deparknentreduclions 727,000 ' 2 - Estimated VacaLcy Savings_ Inovalon and Technobgy Depamient 30,000 Finance Department 60,000 Police Department 200,000 Fire Departrnent 220,000 Pubic Works Departrent 80,000 Corn unify DevelopmentDepartment 50,000 Parks & Rearaealon D artrrent 140,000 Total Esimeled Vacany Savings 780,000 *3 - Greater than Budgeted Revenue Property Taxes Transient Lodging Tax (TAT 500,000 850,000 Total Revenue Grealer than Budgeted 1,350,000 RESOLUTION NO.2022-14 Page 2 of 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 SECTION 2. All other provisions of the adopted 2021-2023 BIENNIUM BUDGET not specifically amended or revised in this Supplemental Budget remain in full force and effect as stated therein. SECTION 3. This resolution is effective upon adoption. ADOPTED by the City Council this day of ATTEST: Melissa Huhtala, City Recorder SIGNED and APPROVED this �e day of 20_. Reviewed as to form: Katrina Brown, City Attorney Li-LO-- Julie Akins, Mayor RESOLUTION NO.2022-14 Page 3 of 3