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HomeMy WebLinkAbout2024-10 Supplemental Budget FY 2023-25 BNRESOLUTION NO.2024-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASHLAND, OREGON ADOPTING A SUPPLMENTAL BUDGET 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 294.471 to approve a supplemental 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 adopt a supplemental budget, establishing the following amendments: General Fund Fire- Forestlnterface Division Intereston Investments Intergovernmental Additional appropriations: Appropriation Resource 674,306 674,306 500,000 174,306 $ 674,306 Resolution No. 2024-XX Pagel of 2 SECTION 2. This resolution is effective upon adoption. This resolution was duly PASSED and ADOPTED this 16th day of April 16, 2024, and akes effect upon signing by the Mayor. Alissa Kolodzinski, City Recorder SIGNED and APPROVED this 16th day of April 2024. Tonya Graham, Mayor Reviewed as to form: tj , I t✓ . Z Ll Douglas M. McGeary, Acting City Attorney Ct ¢�✓t� N i w� ga.( -ro" j As I. G1-" J A J Resolution No. 2024-XX Page 2 of 2