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HomeMy WebLinkAbout2018-08-Adopting a supplemental budget for changes to the 2017/19 biennial budget RESOLUTION NO. 2018-08 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET FOR CHANGES TO THE 2017/19 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. THE CITY OFASHLAND RESOLYESAS 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: Transfers: Appropriation Resource Central Service Fund City Recorder 24,582 Contingency 24,582 $ 24,582 $ 24,582 Section 2. All other provisions of the adopted 2017-2019 BIENNIUM 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 17th day of April, 2018, and takes effect upon signing by the Mayor. Melissa Huhtala, City Recorder SIGNED and APPROVED this D-day of April, 2018. Page ( of 2 n q~ ~ f 41n Strom erg, Mayor Reviewed as to form: David Lohman, City Attorney Page 2 of 2