HomeMy WebLinkAbout2014-13 Transferring Appropriations 2013-15 Biennium
RESOLUTION NO. 2014 -13
A RESOLUTION TRANSFERRING APPROPRIATIONS
WITHIN THE 2013-2015 BIENNIUM BUDGET
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. Because of the circumstances stated below, the Mayor and City Council
of the City of Ashland determine that it is necessary to transfer
appropriations as follows:
General Fund
To: Administration -Tourism $ 61,232
Administration - Parking $287,725
From: Administrative Services $348,957
To transfer appropriations from Administrative Services to Administration Tourism and Parking
to recognize restricted money where they will be spent for better tracking. The appropriations -
were originally budgeted in Administrative services.
Capital Improvement Fund
To: Interfund Loan $1,000
From: Contingency $1,000
To transfer appropriations from Contingency to cover the last payment to the Equipment Fund
for the Clay St Land purchase from Open Space Revenue.
Debt Service Fund
To: Materials and Services $15,000
From: Debt Service $15,000
To transfer appropriations from Debt Services to Materials and Services for Professional
Services for paying Notes off early. As well as Administration fees for bonded debt.
Water Fund
To: Water - Supply $2,440,000
From: Water - Distribution $2,440,000
To transfer appropriations from Water Distribution to Water Supply for the TAP project. This
was originally for Park Estates pump station.
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To transfer appropriations from Capital Outlay to Materials & Services to recognize the Project
Manager that was originally budgeted in the Capital Outlay that belongs in Material and
Services.
TOTAL
To: Department/Division Appropriations 2 4 57
From: Department/ Division Appropriations $ 2,803,957
Contingency 1,000
2.804.957
SECTION 2. This resolution was duly PASSED and ADOPTED this 1 day of June,
2014 nd takes effect upon signing by the Mayor.
Barbara Christensen, City Recorders
SIGNED and APPROVED this ` 0 day of June, 2014:
Yohh Stromberg, Mayor
Reviewed as to form:
"-a4i /&.1 C~
David L "an, City Attorney
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