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HomeMy WebLinkAbout2025-16 Budget Appropriation Adjustments for the 2023-25 Biennial Budget ll RE'SOLUTi4"1N NO. 2025-16 A RESOLUTION APPROVING BUDGET APPROPRIATION ADJUSTMENTS FOR THE 2023-2025 BIENNIAL BUDGET PERIOD BEGINNING JULY 1,2023. RECITALS: A. The City of Ashlatnd 202.3-25 Bienuuiunn Budget was adopted oil Juune 6,2023,for tine period of July 1, 2023,through.Ame 301, 2025. THE CITY OF ASHLAND HEREBY'RESOLVES AS FOLLOWS: SECTION 1. 1. The follorvitug proposed budget adjustments are authorized by ORS 2.94.463(1) and ORS 294.463(2) to transfer Contingency to appropriation categories or programs withing tine same fluid. Proposed budget transfers of Cotntingemy are less than 15% of total appropriations withitn the found,so a suapplemetntal budget is not necessary.. Increase Annrouarlatlon Decrease Atanrotarlatlon General Fund Fire and Rescue Department 700,000 Contingency 700,000 700,000 700,000 General Fund: Reduce Contingency and increase expeiiditures appropriations by$700,000 for tine Fire and Rescue Department due to au increase in personnel costs due to overtime aund a aced to replace the Fire Station Alertitng System, SECTION 2. This resolution is effective upon adoptioun, f Alissa blo zitfs i, tty Recorder SIGNED and APPROVED this 3rd day of June 2025. j Tot 11 iirx as�rn Rd iAq.`d,?4Y ]"x,IrW Wf1T;Y Totuya Gralnaunn, Mayor Reviewed as to font j ;J�o4tie-ljjla, City Attortne.esotuution No.2025-16 Page 1 of 1 f i