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Resolution No. 04-94 CITY OF TIGARD,OREGON RESOLUTION NO.04- ?'- A RESOLUTION APPROVING BUDGET AMENDMENT #5 TO THE FY 2004-05 BUDGET TO INCREASE APPROPRIATIONS IN THE COMMUNITY SERVICES PROGRAM TO ESTABLISH A RESIDENTIAL SERVICES AGENCY EMERGENCY FUND. WHEREAS, the City of Tigard appropriates funds each year during the budget process to provide assistance to social service agencies that serve Tigard residents;and WHEREAS,the City Council approved a policy on October 12,2004 to establish a residential services agency emergency fund;and WHEREAS, the Policy limits the emergency fund to no more than five percent of the total amount allocated for social service grants;and WHEREAS,it is necessary to amend the FY 2004-05 Budget to increase appropriations to establish a residential services agency emergency fund. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2004-05 Budget of the City of Tigard is hereby amended as shown in Attachment A to this resolution to increase appropriations in the Community Services program in the amount of$5,105 and to decrease Contingency by the same amount. SECTION 2: This resolution is effective immediately upon passage. PASSED: This day of2004. Z- 01t Mayor-dity of Tigard ATTEST: i i i � r Bei}City Recorder-City of Tigard RESOLUTION NO.04 Iq 1 Page 1 Attachment A FY 2004-05 Budget Amendment# 5 FY 2004-05 Budget LRevised Revised Amendment ed Budget #5 et General Fund Resources Beginning Fund Balance $7,751,279 $7,751,279 Property Taxes 9,398,805 9,398,805 Grants 237,485 237,485 Interagency Revenues 2,435,609 2,435,609 Development Fees&Charges 372,294 372,294 Utiltity,Fees and Charges O 0 Miscellaneous Fees and Charges 184,160 184,160 Fines and Forfeitures 592,840 592,840 Franchise Fees and Business Tax 2,944,042 2,944,042 Interest Earnings 172,500 172,500 Bond/Note Proceeds 0 0 Other Revenues 68,200 68,200 Transfers in from Other Funds 2,145,314 2,145,314 Total $26,302,528 $0 $26,302,528 Requirements Community Service Program $10,774,597 $5,105 $10,779,702 Public Works Program 2,446,197 2,446,197 Development Services Program 2,554,196 2,554,196 Policy&Administration Program 344,706 344,706 General Government O 0 Program Expenditures Total $16,119,696 $5,105 $16,124,801 Debt Service $0 $0 Capital Improvements $0 $0 Transfers to Other Funds $3,758,056 $3,758,056 Contingency $536,992 ($5,105) $531,887 Total Requirements $20,414,744 $0 $20,414,744 Ending Fund Balance 5,887,784 5,887,784 Grand Total $26,302,528 $0 $26,302,528