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Resolution No. 02-48 CITY OF TIGARD, OREGON RESOLUTION NO. 02-4A A RESOLUTION APPROVING BUDGET AMENDMENT #1 TO THE FY 2002-03 BUDGET TO TRANSFER$10,000 FROM PARKS CAPITAL FUND CAPITAL IMPROVEMENTS TO THE PUBLIC WORKS PROGRAM FOR COMPLETION OF A STREET TREE INVENTORY WHEREAS,the City has a street planting program; WHEREAS,there is a need to have an inventory of existing trees in order to identify those areas of the City that are in need of street trees; and WHEREAS, the FY 2002-03 Budget needs to be amended to so that funds can be appropriated to allow the funding of this inventory. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2002-03 Budget of the City Tigard(Parks Capital Fund)is hereby amended as shown in Attachment A to this resolution. SECTION 2: This resolhrtinn is effective immediately npon passage. kf1 PASSED: This—L day of / 2002. 99 99NO44 &K VF FA ayor-City 'f T ar ATTEST: City Recorder-City of Tigard RESOLUTION NO. 02 Page 1 Attachment A FY 2002-03 Budget Amendment # 1 FY 2002-03 Budget Revised Revised Amendment Revised Budget # 1 Budget Parks Capital Fund Resources Beginning Fund Balance 994,434 994,434 Property Taxes 0 0 Grants 211,400 211,400 Interagency Revenues 454,043 454,043 Development Fees&Charges 0 0 Utiltity Fees and Charges 0 0 Miscellaneous Fees and Charges 0 0 Fines and Forfeitures 0 0 Franchise Fees and Business Tax 0 0 Interest Earnings 33,930 33,930 Bond/Note Proceeds 840,248 840,248 Other Revenues 225,000 225,000 Transfers In from Other Funds 410,000 410,000 Total $3,169,055 $0 $3,169,055 Requirements Community Service Program 0 0 Public Works Program 0 10,000 10,000 Development Services Program 0 0 Policy&Administration Program 0 0 General Government 0 0 Program Expenditures Total $0 $10,000 $10,000 Debt Service $277,861 $277,861 Capital Improvements $1,576,100 ($10,000) $1,566,100 Transfers to Other Funds $0 $0 Contingency $273,000 $273,000 Total Requirements $2,126,961 $0 $2,126,961 Ending Fund Balance 1,042,094 1,042,094 Grand Total $3,169,055 $0 $3,169,055