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Resolution No. 22-07 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 22-.07 A RESOLUTION TO ADOPT THE FY 2022 THIRD QUARTER BUDGET SUPPLEMENTAL INCLUDING BUDGET ADJUSTMENTS TO COMMUNITY DEVELOPMENT, COMMUNITY SERVICES,PUBLIC WORKS,AND POLICY AND ADMINISTRATION. WHEREAS,the city-acknowledges those items that were unknown at the time the FY 2022 budget was adopted; and WHEREAS,the city recognizes approximately$808,150 of unanticipated budget in operations and transfers;and WHEREAS, the increase in budget is offset by unanticipated fund balance,miscellaneous revenue,reserve for future expenditures,and contingency. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2021-22 Budget is hereby amended as detailed in Exhibit B. SECTION: This resolution is effective immediately upon passage. PASSED: This �day of 2022. 1\ ayor-City of Tigard ATTEST: - :Zn::i City Recorder-City of Tigard RESOLUTION NO.22- D 7 Page 1 Exhibit B Total All Funds FY 2022 Q3 Revised Total All Funds Revised Q2 Amendment Q3 Resources Beginning Fund Balance $ 186,778,599 $ 35,000 $ 186,813,599 Property Taxes $ 23,265,605 $ - $ 23,265,605 Franchise Fees $ 6,701,356 $ - $ 6,701,356 Special Assessments $ 50,000 $ - $ 50,000 Licenses&Permits $ 17,881,070 $ - $ 17,881,070 Intergovernmental $ 15,717,892 $ 538,150 $ 16,256,042 Charges for Services $ 56,719,220 $ - $ 56,719,220 Fines&Forfeitures $ 2,229,590 $ - $ 2,229,590 Interest Earnings $ 1,911,000 $ - $ 1,911,000 Miscellaneous $ 683,656 $ - $ 683,656 Other Financing Sources $ 25,298,270 $ - $ 25,298,270 Transfers In from Other Funds $ 59,467,059 $ 235,000 $ 59,702,059 Total Resources $ 396,703,317 $ 808,150 $ 397,511,467 Requirements Community Development $ 7,737,484 $ - $ 7,737,484 Community Services $ 30,223,709 $ 500,000 $ 30,723,709 Policy and Administration $ 19,825,796 $ 263,150 $ 20,088,946 Public Works $ 32,638,588 $ 175,000 $ 32,813,588 Program Expenditures Total $ 90,425,577 $ 938,150 $ 91,363,727 Debt Service $ 9,672,764 $ - $ 9,672,764 Loan to TCDA $ 1,000 $ - $ 1,000 Work-In-Progress $ 81,285,375 $ 35,000 $ 81,320,375 Transfers to Other Funds $ 58,150,559 $ 235,000 $ 58,385,559 Contingency $ 2,964,912 $ (400,000) $ 2,564,912 Total Budget $ 242,500,187 $ 808,150 $ 243,308,337 Reserve For Future Expenditure $ 154,203,130 $ - $ 154,203,130 Total Requirements $ 396,703,317 $ 808,150 $ 397,511,467 Exhibit B General Fund FY 2022 Revised General Fund Revised Q2 Q3CD01 Q3 Resources Beginning Fund Balance $ 29,309,592 $ - $ 29,309,592 Property Taxes $ 18,452,556 $ - $ 18,452,556 Franchise Fees $ 6,701,356 $ - $ 6,701,356 Special Assessments $ - $ - $ - Licenses&Permits $ 1,132,119 $ - $ 1,132,119 Intergovernmental $ 7,469,892 $ 500,000 $ 7,969,892 Charges for Services $ 242,743 $ - $ 242,743 Fines&Forfeitures $ 2,128,301 $ - $ 2,128,301 Interest Earnings $ 300,675 $ - $ 300,675 Miscellaneous $ 369,144 $ - $ 369,144 Other Financing Sources $ - $ - $ - Transfers In from Other Funds $ 244,000 $ - $ 244,000 Total Resources $ 66,350,378 $ 500,000 $ 66,850,378 Requirements Community Development $ 4,567,392 $ - $ 4,567,392 Community Services $ 27,694,680 $ 500,000 $ 28,194,680 Policy and Administration $ 1,676,325 $ - $ 1,676,325 Public Works $ - $ - $ - Program Expenditures Total $ 33,938,397 $ 500,000 $ 34,438,397 Debt Service $ - $ - $ - Loan to TCDA $ 1,000 $ - $ 1,000 Work-In-Progress $ - $ - $ - Transfers to Other Funds $ 4,498,714 $ - $ 4,498,714 Contingency $ 626,712 $ - $ 626,712 Total Budget $ 39,064,823 $ 500,000 $ 39,564,823 Reserve For Future Expenditure $ 27,285,555 $ - $ 27,285,555 Total Requirements $ 66,350,378 $ 500,000 $ 66,850,378 Exhibit B Parks Capital Fund FY 2022 Revised Parks Capital Fund Revised Q2 Q3PW01 Q3 Resources Beginning Fund Balance $ 650,000 $ - $ 650,000 Property Taxes $ - $ $ - Franchise Fees $ - $ - $ - Special Assessments $ - $ - $ - Licenses&Permits $ - $ - $ - Intergovernmental $ (461,055) $ - $ (461,055) Charges for Services $ - $ $ - Fines&Forfeitures $ - $ - $ - Interest Earnings $ - $ - $ - Miscellaneous $ - $ - $ - Other Financing Sources $ - $ - $ - Transfers In from Other Funds $ 10,088,500 $ 35,000 $ 10,123,500 Total Resources $ 10,277,445 $ 35,000 $ 10,312,445 Requirements Community Development $ - Community Services $ - $ - $ Policy and Administration $ - $ $ Public Works $ - $ - $ Program Expenditures Total $ - $ - $ - Debt Service $ - $ - $ - Loan to TCDA $ - $ - $ - Work-In-Progress $ 10,264,945 $ 35,000 $ 10,299,945 Transfers to Other Funds $ - $ - $ - Contingency $ $ - $ - Total Budget $ 10,264,945 $ 35,000 $ 10,299,945 Reserve For Future Expenditure $ 12,500 $ - $ 12,500 Total Requirements $ 10,277,445 $ 35,000 $ 10,312,445 Exhibit B Parks Utility Fund FY 2022 Revised Parks Utility Fund Revised Q2 Q3PW01 Q3 Resources Beginning Fund Balance $ 2,087,243 $ - $ 2,087,243 Property Taxes $ - $ - $ - Franchise Fees $ - $ - $ Special Assessments $ - $ - $ - Licenses&Permits $ 2,406,398 $ - $ 2,406,398 Intergovernmental $ - $ - $ - Charges for Services $ 90,750 $ - $ 90,750 Fines&Forfeitures $ - $ - $ - Interest Earnings $ 2,475 $ - $ 2,475 Miscellaneous $ - $ - $ - Other Financing Sources $ - $ - $ - Transfers In from Other Funds $ 2,437,500 $ - $ 2,437,500 Total Resources $ 7,024,366 $ - $ 7,024,366 Requirements Community Development $ - $ - $ - Community Services $ - $ - $ Policy and Administration $ - $ - $ - Public Works $ 4,604,613 $ 115,000 $ 4,719,613 Program Expenditures Total $ 4,604,613 $ 115,000 $ 4,719,613 Debt Service $ - $ - $ - Loan to TCDA $ - $ - $ - Work-In-Progress $ - $ - $ - Transfers to Other Funds $ 112,902 $ - $ 112,902 Contingency $ 325,000 $ (115,000) $ 210,000 Total Budget $ 5,042,515 $ - $ 5,042,515 Reserve For Future Expenditure $ 1,981,851 $ - $ 1,981,851 Total Requirements $ 7,024,366 $ - $ 7,024,366 Exhibit B Parks SDC Fund FY 2022 Revised Parks SDC Fund Revised Q2 Q3PW01 Q3 Resources Beginning Fund Balance $ 8,021,824 $ 35,000 $ 8,056,824 Property Taxes $ - $ - $ - Franchise Fees $ - $ S - Special Assessments $ - $ $ - Licenses&Permits $ 1,495,466 $ $ 1,495,466 Intergovernmental $ - $ S - Charges for Services $ - $ $ - Fines&Forfeitures $ - $ - $ - Interest Earnings $ 158,325 $ - $ 158,325 Miscellaneous $ - $ $ - Other Financing Sources $ - $ - $ - Transfers In from Other Funds $ 180,000 $ - $ 180,000 Total Resources $ 9,855,615 $ 35,000 $ 9,890,615 Requirements Community Development S $ S - Community Services $ - $ S - Policy and Administration S $ $ - Public Works $ - $ - $ - Program Expenditures Total $ - $ - $ - Debt Service $ - $ - $ - Loan to TCDA $ - $ - $ - Work-In-Progress $ - $ - $ - Transfers to Other Funds $ 6,693,700 $ 35,000 $ 6,728,700 Contingency $ - $ - $ - Total Budget $ 6,693,700 $ 35,000 $ 6,728,700 Reserve For Future Expenditure $ 3,161,915 $ - $ 3,161,915 Total Requirements $ 9,855,615 $ 35,000 $ 9,890,615 Exhibit B Sanitary Sewer Fund FY 2022 Revised Sanitary Sewer Fund Revised Q2 Q3FIN01 Q3 Resources Beginning Fund Balance $ 7,595,886 $ - $ 7,595,886 Property Taxes $ - $ - $ - Franchise Fees $ - $ - $ - Special Assessments $ - $ - $ - Licenses&Permits $ 92,200 $ - $ 92,200 Intergovernmental $ - $ - $ - Charges for Services $ 3,412,921 $ - $ 3,412,921 Fines&Forfeitures $ - $ $ - Interest Earnings $ 82,725 $ - $ 82,725 Miscellaneous $ 42,100 $ - $ 42,100 Other Financing Sources $ - $ - $ - Transfers In from Other Funds $ - $ $ - Total Resources $ 11,225,832 $ - $ 11,225,832 Requirements Community Development $ - $ - $ - Community Services $ - $ - $ - Policy and Administration $ - $ - $ - Public Works $ 2,654,197 $ - $ 2,654,197 Program Expenditures Total $ 2,654,197 $ - $ 2,654,197 Debt Service $ - $ - $ - Loan to TCDA $ - $ - $ - Work-In-Progress $ 100,000 $ - $ 100,000 Transfers to Other Funds $ 1,467,146 $ 38,000 $ 1,505,146 Contingency $ 200,000 $ (38,000) $ 162,000 Total Budget $ 4,421,343 $ - $ 4,421,343 Reserve For Future Expenditure $ 6,804,489 $ - $ 6,804,489 Total Requirements $ 11,225,832 $ - $ 11,225,832 Exhibit B Stormwater Fund FY 2022 Revised Stormwater Fund Revised Q2 Q3FIN01 Q3 Resources Beginning Fund Balance $ 7,670,241 $ - $ 7,670,241 Property Taxes $ - $ $ - Franchise Fees $ $ - $ - Special Assessments $ - $ - $ - Licenses&Permits $ - $ - $ - Intergovernmental $ - $ - $ - Charges for Services $ 5,653,512 $ - $ 5,653,512 Fines&Forfeitures $ - $ - $ - Interest Earnings $ 104,925 $ - $ 104,925 Miscellaneous $ 5,000 $ $ 5,000 Other Financing Sources $ - $ - $ - Transfers In from Other Funds $ 1,395,000 $ - $ 1,395,000 Total Resources $ 14,828,678 $ - $ 14,828,678 Requirements Community Development $ - $ - $ - Community Services $ $ - $ - Policy and Administration $ $ - $ - Public Works $ 3,828,774 $ - $ 3,828,774 Program Expenditures Total $ 3,828,774 $ - $ 3,828,774 Debt Service $ - $ $ Loan to TCDA $ - $ - $ - Work-In-Progress $ 4,805,500 $ - $ 4,805,500 Transfers to Other Funds $ 353,228 $ 20,000 $ 373,228 Contingency $ 275,000 $ (20,000) $ 255,000 Total Budget $ 9,262,502 $ - $ 9,262,502 Reserve For Future Expenditure $ 5,566,176 $ - $ 5,566,176 Total Requirements $ 14,828,678 $ - $ 14,828,678 Exhibit B Water Fund FY 2022 Revised Water Fund Revised Q2 Q3FIN01 Q3 Resources Beginning Fund Balance $ 38,068,131 $ - $ 38,068,131 Property Taxes $ - $ $ - Franchise Fees $ $ - $ - Special Assessments $ - $ - $ - Licenses&Permits $ - $ - $ - Intergovernmental $ - $ $ - Charges for Services $ 26,197,790 $ $ 26,197,790 Fines&Forfeitures $ - $ - $ - Interest Earnings $ 375,525 $ $ 375,525 Miscellaneous $ 50,000 $ $ 50,000 Other Financing Sources $ - $ $ - Transfers In from Other Funds $ 25,000 $ - $ 25,000 Total Resources $ 64,716,446 $ - $ 64,716,446 Requirements Community Development $ - $ - $ - Community Services $ - $ - $ - Policy and Administration $ - $ - $ - Public Works $ 10,755,400 $ $ 10,755,400 Program Expenditures Total $ 10,755,400 $ - $ 10,755,400 Debt Service $ - $ - $ - Loan to TCDA $ - $ - $ - Work-In-Progress $ 25,000 $ - $ 25,000 Transfers to Other Funds $ 22,365,289 $ 142,000 $ 22,507,289 Contingency $ 475,000 $ (142,000) $ 333,000 Total Budget $ 33,620,689 $ - $ 33,620,689 Reserve For Future Expenditure $ 31,095,757 $ - $ 31,095,757 Total Requirements $ 64,716,446 $ - $ 64,716,446 Exhibit B PW Engineering Fund FY 2022 Revised Public Works Engineering Fund Revised Q2 Q3PW02 Q3 Resources Beginning Fund Balance $ 2,260,989 $ - $ 2,260,989 Property Taxes $ - $ - $ - Franchise Fees $ - $ - $ - Special Assessments $ - $ - $ - Licenses&Permits $ 870,000 $ - $ 870,000 Intergovernmental $ 153,369 $ - $ 153,369 Charges for Services $ 3,420,918 $ - $ 3,420,918 Fines&Forfeitures $ - $ - $ - Interest Earnings $ - $ - $ - Miscellaneous $ 5,094 $ - $ 5,094 Other Financing Sources $ - $ $ - Transfers In from Other Funds $ 667,710 $ - $ 667,710 Total Resources $ 7,378,080 $ - $ 7,378,080 Requirements Community Development $ - $ - $ - Community Services $ - $ - $ Policy and Administration $ - $ - $ - Public Works $ 4,691,633 $ 60,000 $ 4,751,633 Program Expenditures Total $ 4,691,633 $ 60,000 $ 4,751,633 Debt Service $ - $ - $ - Loan to TCDA $ - $ $ - Work-In-Progress $ - $ - $ - Transfers to Other Funds $ - $ - $ - Contingency $ 150,000 $ (60,000) $ 90,000 Total Budget $ 4,841,633 $ - $ 4,841,633 Reserve For Future Expenditure $ 2,536,447 $ - $ 2,536,447 Total Requirements $ 7,378,080 $ - $ 7,378,080 Exhibit B Central Services Fund FY 2022 Revised Central Services Fund Revised Q2 Q3CM01 Q3CM02 Q3FIN01 Q3 Resources Beginning Fund Balance $ 3,136,865 $ - $ - $ - $ 3,136,865 Property Taxes $ - $ - $ - $ - $ - Franchise Fees $ - $ - $ $ - $ - Special Assessments $ - $ - $ - $ - $ - Licenses&Permits $ - $ - $ - $ - $ - Intergovernmental $ - $ 38,150 $ - $ - $ 38,150 Charges for Services $ 12,428,617 $ - $ $ - $ 12,428,617 Fines&Forfeitures $ - $ - $ $ - $ - Interest Earnings $ - $ - $ $ - $ - Miscellaneous $ 90,000 $ - $ $ - $ 90,000 Other Financing Sources $ - $ - $ - $ - $ - Transfers In from Other Funds $ 1,025,710 $ - $ - $ 200,000 $ 1,225,710 Total Resources $ 16,681,192 $ 38,150 $ - $ 200,000 $ 16,919,342 Requirements Community Development $ - $ - $ - $ - $ - Community Services $ - $ - $ - $ - $ - Policy and Administration $ 15,114,252 $ 38,150 $ 25,000 $ 200,000 $ 15,377,402 Public Works $ - $ - $ - $ - $ - Program Expenditures Total $ 15,114,252 $ 38,150 $ 25,000 $ 200,000 $ 15,377,402 Debt Service $ - $ - $ - $ - $ - Loan to TCDA $ $ - $ - $ $ - Work-In-Progress $ - $ - $ - $ - $ - Transfers to Other Funds $ - $ - $ - $ - $ - Contingency $ 238,200 $ - $ (25,000) $ - $ 213,200 Total Budget $ 15,352,452 $ 38,150 $ - $ 200,000 $ 15,590,602 Reserve For Future Expenditure $ 1,328,740 $ - $ - $ - $ 1,328,740 Total Requirements $ 16,681,192 $ 38,150 $ - $ 200,000 $ 16,919,342