HomeMy WebLinkAbout2004-21 Transfer AppropriationsRESOLUTION NO. 2004-
A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2003-2004 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 transfi:r
appropriations as follows:
Street Fund
To: Public Works- Street Operations
Public Works- Local Improvement Districts
Public Works - Transportation SDCs
From: Public Works - Storm Water SDCs
Contingency
$125,000
$17,000
$300,00{3~
$300,00¢
$142,000
This transfer modifies appropriations for capital projects (Siskiyou, Tolman :and
Strawberry) to match actual costs projected for year end and adjusts ($300,01)0) between
Transportation and Storm Water SDC programs to better match the original iproject cost
allocation proposed by Public Works.
Electric Fund
To: Electric - Supply Division
Electric - Distribution Division
From: Contingency
$25,000
$150,000_
$175,000
This transfer provides increased appropriations for Supply and Distribution ,divisional
costs including wholesale (demand) power and additional personnel costs for newly
improved areas and system maintenance.
Central Service Fund
To: City Recorder Division
From: Contingency
$10,000
$10,000
This transfer provides added appropriations for increased banking fees charged to the City
Recorder division related to automated payment programs and added benefit costs.
Insurance Services Fund
To: Finance Department - Materials & Services
From: Contingency
$100,000
$100,000
This transfer provides increased appropriations for higher workers compensation claims
and general liability coverage premiums than originally projected.
Equipment Fund
To: Public Works - Personal Services
From: Contingency
$15,000
$15,000
This transfer provides increased appropriations for overtime and benefit costs; to maintain
the City's fleet.
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 15th day of June, 2004:
Barbara Christensen, City Recorder
SIGNED and APPROVED this 15th day of June, 2004:
Alan W. DeBoer, Mayor
Reviewed as to form:
Paul Nolte, City Attorney