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HomeMy WebLinkAbout2005-41 Adopting Supplemental Budget RESOLUTION NO. 2005- 41 A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET ESTABLISHING APPROPRIATIONS WITHIN THE 2005-2006 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: Fire and Rescue Department Resource: Intergovernmental Revenues $190.38Q $190,380 To recognize the receipt of a Homeland Defense grant and appropriate monies to the Fire and Rescue Department, Operations Division, Capital Outlay category to complete the radio repeater station project delayed from the prior year. 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 2.04.0 duly PASSED nd ADOPTED this 1 st day of November, 2005: Barbara Christensen, City Recorder SIGNED and APPROVED this 3 day of November, 2005: U