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Resolution No. 02-56
CITY OF TIGARD, OREGON RESOLUTION NO. 02-_,24 A RESOLUTION APPROVING BUDGET AMENDMENT 43 TO THE FY 2002-03 BUDGET TO TRANSFER APPROVED CAPITAL IMPROVEMENT PROJECTS BETWEEN THE GENERAL AND FACILITY FUNDS AND THE FACILITY AND FLEET/PROPERTY MANAGEMENT FUNDS AND AMENDING THE FY 2002-07 APPROVED CAPITAL IMPROVEMENT PLAN WHEREAS, the FY 2002-03 Adopted Budget includes appropriations for capital improvement projects as presented in the FY 2002-07 Capital Improvement Plan,and WHEREAS, the City has transferred money every year from the General Fund to the Facility Fund to pay for needed improvements to City-owned,general-purpose buildings and facilities, and WHEREAS, the FY 2002-07 Capital Improvement Plan includes two projects to makc improvements to City Hall paid for by the General Fund (Replacement of HVAC System at City Hall and Energy Conservation Improvements to City Hall), and WHEREAS, improvements to City Hall should be paid for by the Facility Fund using monies set aside for that purpose, and WHEREAS, the FY 2002-07 Capital Improvement Plan includes one project in the Facility Fund (City Hall HVAC Duct Work Cleaning and Modification) which is a routine maintenance item and not a capital improvement and which should be paid for by the Fleet/Property Management Fund, and WHEREAS, it is necessary to amend the FY 2002-03 Adopted Budget and the FY 2002-07 Approved Capital Improvement Plan to ensure that all projects are properly tracked and accounted for. NOW, THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1. The FY 2002-03 Adopted Budget of the City of Tigard is hereby amended as shown in Attachment A to this resolution to adjust appropriations within the General Fund,the Facility Fund, and the Fleet/Property Management Fund. SECTION 2. The FY 2002-03 Approved Capital Improvement Plan (CIP) of the City of Tigard is hereby amended as shown in Attachment B to this resolution to transfer the Replacement of the HVAC System in City Hall Project from the General Fund to the Facility Fund and to delete the City Hall HVAC Modification and Cleaning project from the CTP. RESOLUTION NO. 02 -_6 Page 1 SECTION 3. This resolution is effective immediately upon passage. PASSED: This day of Q1 bi J�' 2002. Ld'uj A j i AQ..42 ayor-Citof Ti ATTEST: tv eity Rem det - ei ty of Tigur d Greer A. Gaston,Deputy City Recorder RESOLUTION NO. 02 Page 2 Attachment A FY 2002-03 Budget Amendment #3 FY 2002-03 Budget Revised Revised Amendment Revised Budget #3 Budget General Fund Resources Beginning Fund Balance 6,643,662 6,643,662 Property Taxes 8,743,869 8,743,869 Grants 40,900 40,900 Interagency Revenues 2,388,864 2,388,864 Development Fees &Charges 193,614 193,614 Miscellaneous Fees and Charges 159,260 159,260 Fines and Forfeitures 407,530 407,530 Franchise Fees and Business Tax 2,524,167 2,524,167 Interest Earnings 234,150 234,150 Other Revenues 44,650 44,850 Transfers In from Other Funds 2,131,077 2,131,077 Total $23,511,943 $0 $23,511,943 Requirements Community Service Program 9,414,511 9,414,511 Public Works Program 2,511,437 2,511,437 Development Services Program 2,573,110 2,573,110 Policy&Administration Program 298,407 298,407 Program Expenditures Total $14,797,465 $0 $14,797,465 Capital Improvements $326,250 ($282,500) $43,750 Transfers to Other Funds $4,566,781 $4,566,781 Contingency $982,655 $282,500 $1,265,155 Total Requirements $20,673,151 $0 $20,673,151 Ending Fund Balance 2,838,792 2,838,792 Grand Total $23,511,943 $0 $23,511,943 Page 1 of 3 Attachment A FY 2002-03 Budget Amendment #3 FY 2002-03 Budget Revised Revised Amendment Revised Budget #3 Budget Facility Fund Resources Beginning Fund Balance 2,795,619 2,795,619 Interest Earnings 421,247 421,247 Bond Proceeds/Principal 13,000,000 13,000,000 Transfers In from Other Funds 715,746 715,746 Total $16,932,612 $0 $16,932,612 requirements Capital Improvements $3,760,000 $272,500 $4,032,500 Contingency $562,500 ($272,500) $290,000 Total Requirements $4,322,500 $0 $4,322,500 Ending Fund Balance 12,610,112 12,610,112 Grand Total $16,932,612 $0 $16,932,612 Pago 2 of 3 Attachment A FY 2002-03 Budget Amendment #3 FY 2002-03 Budget Revised Revised Amendment Revised Budget #3 Budget Fleet and Property Management Fund Resources Beginning Fund Balance 0 0 Transfers In from Other Funds 1,009,664 1,009,664 Total $1,009,664 $0 $1,009,664 Requirements Public Works Program 865,447 10,000 875,447 Program Expenditures Total $865,447 $10,000 $875,447 Transfers to Other Funds $81,972 $81,972 Contingency $60,000 ($10,000) $50,000 Total Requirements $1,007,419 $0 $1,007,419 Ending Fund Balance 2,246 2,246 Grand Total $1,009,665 $0 $1,009,665 Page 3 of 3 3 ¥ / \ § � A o � ® ¢ � � k � � § E ± � q al - m to ) � / \ \ ƒ n O m k / \ J § � f � ( Ct / LO m CIA \ ; ƒ © § rn >� ƒ k 2 2 ( o > ( Q g $ \ § A .» o m