HomeMy WebLinkAbout2009-14 Supplemental Budget FY08-09
RESOLUTION NO. 2009- \ 4
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET ESTABLISHING
APPROPRIATIONS WITHIN THE 2008-2009 BUDGET
Recitals:
ORS 294.480 permits the governing body of a municipal corporation to make a
supplemental budget for the fiscal year for which the regular budget has been prepared under 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.
d. Other reasons identified per the statutes.
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION I.
Because of the circumstances stated below, the Mayor and City Council
of the City of Ashland determine that it is necessary to adopt a
supplemental budget, establishing the following additional
appropriations:
Street Fund
Appropriation: Street Operations ~ Materials and Services
$5.000
$5.000
Resource: Intergovernmental Revenues
$5.000
$5.000
To recognize a $5,000 grant received and dedicated for the pedestrian Safety.
Capital Improvement Fund
Appropriation: Capital Outlay
$50.000
$50 000
Resource:
Intergovernmental Revenues
$50.000
$50.000
To recognize the receipt of a grant from FAA for pavement overlay and
approach lighting replacement at the airport.
Electric Fund
Appropriation:
Electric' - Conservation - Materials and Services $60.000
$60.000
Resource:
Intergovernmental Revenues
$60.000
$60.000
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To recognize a $60,000 grant received and dedicated to be spent on the Electric conservation
program.
TOTAL ALL FUNDS
$115.000
$115.000
SECTION 2. All other provisions of the adopted 2008-2009 BUDGET not specifically
amended or revised in this Supplemental Budget remain in full force and effect as stated therein.
SECTION 3. This resolution was duly PASSED and ADOPTED this 12- day of May, 2009:
and takes effect upon signing by the Mayor.
k~
Barbara Christensen, City Recorder
SIGNED and APPROVED this..zo day of May, 2009:
Reviewed as to form:
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