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Resolution No. 04-05 CITY OF TIGARD,OREGON RESOLUTION NO.04-05 A RESOLUTION APPROVING BUDGET AMENDMENT#15 TO THE FY 2003-04 BUDGET TO CARRY OVER FUNDS FOR REPLACEMENT OF POLICE VEHICLES WHEREAS,In FY 2002-03 the Police Department budgeted to replace four Police vehicles,and WHEREAS,The Department ordered these vehicles in the spring of 2003,and WHEREAS,The vendor was unable to deliver the vehicles until after July 1,2003,and WHEREAS,Because the vehicles were not received until FY 2003-04,according to Generally Accepted Accounting Principles,the expense must be recorded in FY 2003-04,and WHEREAS,Funds not spent in FY 2002-03 were carried forward into FY 2003-04,and WHEREAS,It is now necessary to amend the FY 2003-04 Budget to allow expenditure of funds carried forward. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1. The FY 2003-04 Budget of the City of Tigard is hereby amended as shown on Attachment A to this resolution to transfer$63,537 from the General Fund Contingency to the Police Department,Operations Division,Capital Outlay for the purchase of replacement vehicles. SECTION 2. This resolution is effective immediately upon passage. PASSED: This /J el day of A11AA CAAM 2004. Mayor- ity of Tigard ! ATTEST: t i r < i City R corder-City o Tigar RESOLUTION NO.04- C`j Page I Attachment A FY 2003-04 Budget Amendment# 15 FY 2003-04 1 Budget Revised Revised Amendment Revised Budget #15 Budget General Fund Resources Beginning Fund Balance 7,065,185 7,065,185 Property Taxes 9,115,977 9,115,977 Grants 82,538 82,538 Interagency Revenues 2,162,454 2,162,454 Development Fees&Charges 290,000 290,000 Utiltity Fees and Charges O 0 Miscellaneous Fees and Charges 163,000 163,000 Fines and Forfeitures 434,127 434,127 Franchise Fees and Business Tax 2,748,865 2,748,865 Interest Earnings 156,304 156,304 Bond/Note Proceeds 0 0 Other Revenues 36,032 36,032 Transfers In from Other Funds 2,227,982 2,227,982 Total $24,482,464 $0 $24,482,464 Requirements Community Service Program 9,560,276 63,537 9,623,813 Public Vdorks Program 2,473,000 2,473,000 Development Services Program 2,373,396 2,373,396 Policy&Administration Program 310,775 310,775 General Government 0 0 Program Expenditures Total $14,717,447 $63,537 $14,780,984 Debt Service $0 $0 Capital Improvements $0 $0 Transfers to Other Funds $3,899,721 $3,899,721 Contingency $962,783 ($63,537) $899,246 Total Requirements $19,579,951 $0 $19,579,951 1 j Ending Fund Balance 4,902,513 4,902,513 1 , Grand Total $24,482,464 $0 $24,482,464