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Resolution No. 05-57 CITY OF TIGARD, OREGON RESOLUTION NO. 05-,'51 A RESOLUTION TO APPROVE BUDGET AMENDMENT #3 TO THE FY 2005-06 BUDGET TO INCREASE APPROPRIATIONS IN THE STREET MAINTENANCE DIVISION BUDGET FOR PURCHASE OF A SIGN PLOTTER AND COMPUTER. WHEREAS, sign standards are set by the federal government through the Manual on Uniform Traffic Control Devices (MUTCD); and WHEREAS, new regulations and rules have been issued in the new MUTCD; and WHEREAS, the City of Tigard's current sign computer and plotter need to be updated to comply with the. new rules and the plotter was not designed to handle the new materials; and WHEREAS, the new computer and plotter will allow the City to comply with the new rules, make 99% of the signs in-house, and design special signs upon request; and WHEREAS, it is necessary to amend the FY 2005-06 budget to increase appropriations for this expenditure. NOW, THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2005.06 Budget is hereby amended as shown in Attachment A to this resolution to transfer $21,000 fiorn the General Fund contingency to the Public Works Department's Street Maintenance Division's budget for purchase of the new computer and plotter. SECTION 2: This resolution is effective immediately upon passage. PASSED: This day of � 2005. Mayor- C ty of Tigard ATTEST: - " City Recorder-City of Tigard RESOLUTION NO. 05 -57 Page 1 Attachment A FY 2005-06 Budget Amendment # 3 FY 2005-06 Budget FY 2005-06 Revised Amendment Revised Budget ##3 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. Bond/Note Proceeds 0 0 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 2,651,342 21,000 2,672,342 Development Services Program 2,941,422 2,941,422 Policy&Administration Program 343,085 343,085 General Government 0 0 Program Expenditures Total $17,905,098 $21,000 $17,926,098 Debt Service $0 $0 Capital Improvements $0 $0 Transfers to Other Funds $4,507,732 $4,507,732 Contingency $977,746 ($21,000) $956,746 Total Requirements $23,390,575 $0 $23,390,575 Ending Fund Balance $5,130,237 $5,130,237 Grand Total $28,520,812 $0 $28,5.20,812 1