HomeMy WebLinkAbout2003-17 Tranfer AppropriationsRESOLUTION NO. 2003- 17
A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2002-2003 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: Admin Services - Senior Division
From: Contingency
$7,000
$7,000
This transfer provides increased appropriations to correct for an under-estimation error in
preparing the budget.
Water Fund
To: Public Works
From: Contingency
- Distribution SDC's
$50,000
$50,000
This transfer provides increased appropriations for the Ashland Street Water Mainline
project which was partially held over from FY 2002, required a design change to cross
Siskiyou Boulevard and had higher than anticipated cost related to these changes.
Wastewater Fund
To: Public Works - Construction
Debt Service
From: Other Financing Uses
Contingency
$300,000
$100,000
$3OO,00O
$100,000
This transfer provides increased appropriations for construction at the treatment plant and
for related debt service caused by an earlier completion schedule than budgeted.
Electric Fund
To: Electric - Supply $290,000
Debt Service $10,000
From: Contingency $300,000
This transfer provides increased appropriations to Supply Divisions and debt service
recognizing increased costs for power supplied and distributed and an error in calculating
debt service for budget.
Central Service Fund
To: Administration Department
From: Contingency
$100,000
$100,000
This transfer adjusts for added personnel costs for paying off leave banks for the past
administrator and professional fees, advertisement and travel costs for recruitment.
SECTION 2. This resolution takes effect upon signing by the mayor.
This resolution was read by title only in accordance with Ashland Municipal Code Section
2.04.090 duly
PASSED and ADOPTED this 20th day of May, 2003:
Barbara Christensen, City Recorder
SIGNED and APPROVED this 20th day of May, 2003:
Alan W. DeBoer, Mayor
Reviewed as to form:
Paul Nolte, City Attorney