HomeMy WebLinkAbout2004-06 Supplemental BudgetRESOLUTION NO. 2004-0(I~
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET ESTABLISHING
APPROPRIATIONS WITHIN THE 2003-2004 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 1.
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 appropriations as follows:
General Fund
Appropriation:
Resource:
Fire Department
Police Department
Intergovernmental Revenue
$11,400
$80,000
$91,400
To appropriate $11,400 in the Fire Department for EMS-CERT field equipment and data
base development funded.by a federal grant and $80,000 in the Police Department for the
out-sourced dispatch contract due to state 911 revenues coming directly to Ashland rather
than going directly to Medford to off-set a portion of the city's dispatch costs paid to
Medford.
Airport Fund
Appropriation:
Resource:
Materials & Services
Capital Outlay
Other Financing Sources
$25,000
$350,000
$375,000
To appropriate $350,000 in Capital Outlay for the construction of 14 nested T-hangars
and $25,000 in Materials & Services for related fees including financing costs, all of
which is funded by loan proceeds whose debt service will be paid by hangar rents.
Capital Improvement Fund
Appropriation: Materials & Services
Capital Outlay
Resource: Sale of Assets
$40,000
$329,300
$369,300
To appropriate in Capital Outlay and in Materials & Services any related costs for
purchasing park lands funded by the sale of the 669 North Main and Keener properties.
WaterFund
Appropriation:
Resource:
Public Works - Forest Land Management
Debt Service
Carry Forward
Intergovernmental Revenue
$78,800
$145,000
$145,000
$78,800
To recognize additional grant monies received and to appropriate for community
education and wildfire fuels reduction related to the city's Forest Land Management
Division activities and to recognize monies carried forward related to the water revenue
bonds sold (refunding prior bonds and financing new capital projects) in late June and to
appropriate for the added debt service.
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 17th day of February, 2004:
Barbara Christensen, City Recorder
SIGNED and APPROVED this 17th day of February, 2004:
Reviewed as to form:
Paul Nolte, City Attorney
Alan W. DeBoer, Mayor