Resolution No. 05-56 CITY OF TIGARD, OREGON
RESOLUTION NO. 05-5&
A RESOLUTION APPROVING BUDGET AMENDMENT #2 TO THE FY 2005-06 BUDGET TO
CARRY OVER FUNDS IN THE PUBLIC WORKS PROGRAM FOR REPLACEMENT VEHICLES.
WHEREAS, in FY 2004-05 the Public Works Depar trent budgeted to replace several vehicles; and
WHEREAS,the Depaitnent ordered these vehicles in late spring of 2005; and
WHEREAS, due to delays in ordering the vehicles will be received after July 1,2005; and
WHEREAS, the vehicles were not received until FY 2005-06, and according to Generally Accepted
Accounting Principles,the expense must be recorded in FY 2005-06; and
WHEREAS, fw-ids not spent in FY 2004-05 were carried forward into FY 2005-06; and
WHEREAS, it is now necessary to amend the FY 2005-06 Budget to allow expenditure of funds carried
forward.
NOW,TI-JEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2005-06 Budget is hereby amended as shown in Attaclunent A to this resolution
to transfer $25,008 fiom the Fleet/Property Management Fund Contingency, $13,247
from the Sanitary Sewer Fund contingency, and $22,254 from .the General Fund
contingency to the Public Works Department's Property Management, Sanitary Sewer,
and Street Maintenance Divisions for purchase of the replacement vehicles.
SECTION 2: This resolution is effective immediately upon passage.
PASSED: Tli SO day ofvn �/ 2005.
Mayor- ity,of Tigard
ATTEST:
YU
(4ityRecorder- City of Tigard
RES OLUTION NO. 05 -
Page 1
Attachment A
FY 2005-06
Budget Amendment # 2
FY 2005-06 Budget FY 2005-06
Adopted Amendment Revised
Bud et #2 Budget
General Fund
Resources
Beginning Fund Balance $8,671,679 $8,671,679
Property Taxes 9,582,474 9,582,474
Grants 415,656 415,656
Interagency Revenues 2,459,839 2,459,839
Development Fees & Charges 512,510 512,510
Miscellaneous Fees and Charges 252,360 252,360
Fines and Forfeitures 650,827 650,827
Franchise Fees and Business Tax 3,069,234 3,069,234
Interest Earnings 204,000 204,000
Other Revenues 25,000 25,000
Transfers In from Other Funds 2,677,233 2,677,233
Total $28,520,812 $0 $28,520,812
Requirements
Community Service Program $11,969,249 $11,969,249
Public Works Program 2,629,088 22,254 2,651,342
Development Services Program 2,941,422 2,941,422
Policy&Administration Program 343,085 343,085
Program Expenditures Total $17,882,844 $22,254 $17,905,098
Debt Service $0 $0
Capital Improvements $0 $0
Transfers to Other Funds $4,507,732 $4,507,732
Contingency $1,000,000 ($22,254) $977,746
Total Requirements $23,390,575 $0 $23,390,575
Ending Fund Balance $5,130,237 $5,130,237
Grand Total $28,520,812 $0 $28,520,812
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Attachment A
FY 2005-06
Budget Amendment # 2
FY 2005-06 Budget FY 2005-06
Adopted Amendment Revised
Budget #2 Budget
Sanitary Sewer Fund
Resources
Beginning Fund Balance $8,569,263 $8,569,263
Utiltity Fees and Charges 2,074,957 2,074,957
Interest Earnings 188,000 188,000
Other Revenues (5,000) (5,000)
Transfers In from Other Funds 0 0
Total $10,827,220 $0 $10,827,220
Requirements
Public Worcs Program $899,832 13,247 $913,079
Program Expenditures Total $899,832 $13,247 $913,079
Debt Service $0 $0
Capital Improvements $2,990,000 $2,990,000
Transfers to Other Funds $574,216 $574,216
Contingency $679,000 ($13,247) $665,753
Total Requirements $5,143,048 $0 $5,143,048
Ending Fund Balance 5,684,172 5,684,172
Grand Total $10,827,220 $0 $10,827,220
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Attachment A
FY 2005-06
Budget Amendment # 2
FY 2005-06 Budget FY 2405-06
Adopted Amendment Revised
Bud et #2 Budget
Fleet/Property Management Fund
Resources
Beginning Fund Balance $60,000 $60,000
Interest Earnings 3,350 3,350
Transfers In from Other Funds 1,258,707 1,258,707
Total $1,322,057 $0 $11322,057
Requirements
Public Works Program $1,141,217 25,008 $1,166,225
Program Expenditures Total $1,141,217 $25,008 $1,166,225
Debt Service $0 $0
Capital Improvements $0 $0
Transfers to Other Funds $82,348 $82,348
Contingency $90,000 ($25,008) $64,992
Total Requirements $1,313,565 $0 $1,313,565
Ending Fund Balance 8,493 8,493
Grand Total $1,322,057 $0 $1,322,057
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