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Resolution No. 24-04 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 24-Dy A RESOLUTION TO ADOPT THE FY 2024_2 BUDGET SUPPLEMENTAL. WHEREAS,the city acknowledges those items that were unknown at the time the FY 2024 budget was adopted; and WHEREAS,the city recognizes approximately$326,650 of unanticipated budget in operations and transfers;and WHEREAS, the increase in budget is funded by current fund balance and will therefore reduce the reserve for future expenditures. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2023-24 Budget is hereby amended as detailed in Exhibit A. SECTION: This resolution is effective immediately upon passage. tia 11 PASSED: This 13 day of ' r-6 `��" 2024. Oaia Mayor-City of Tigard ATTEST: TY City Recorder-City of Tigard RESOLUTION NO. 24- 0Y Page 1 Exhibit A ADJUSTED APPROPRIATIONS 2/13/2024 Fund Program Adopted Item Request 3 Revised Budget General Fund Electric Mobility and Curbside Management- 5 Investment& Infrastructure 6,307,632 Grant Funded 110,000 6,417,632 Tigard 4th of July Drone 4 Engagement& Innovation 9,296,397 Display 80,000 9,376,397 TOTAL 43,171,268 $ 190,000 44,795,768 Transportation TNC Fund Electric Mobility and Curbside Management- 5 Investment& Infrastructure 0 City Match portion 56,650 56,650 TOTAL N/C $ 56,650 56,650 Transient Lodging Tax Fund Transfer for Tigard 4th 8 Transfer 192,111 of July Drone Display 80,000 272,111 TOTAL 192,111 $ 80,000 272,111 TOTAL BY PROGRAM 4 Engagement& Innovation 26,758,723 80,000 27,088,723 5 Investment& Infrastructure 56,859,270 166,650 57,025,920 8 Transfer 85,506,227 80,000 89,907,032 TOTAL 294,481,202 $ 326,650 $ 304,397,357