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Resolution No. 06-01 CITY OF TIGARD, OREGON RESOLUTION NO. 06- 01 A RESOLUTION APPROVING BUDGET AMENDMENT #7 TO ME FY 2005-06 BUDGET TO INCREASE APPROPRIATIONS IN THE MAYOR & COUNCIL BUDGET FOR FUNDING OF TIGARD'S. CONTRIBUTION TO THE LEAGUE OF OREGON CITIES FOR TELECOMMUNICATION LITIGATION EXPENSES. WIJEREAS, the City received a request from the League of Oregon Cities (LOC)to contribute two percent of its telecommunication franchise fees to assist with legal fees of eight Oregon cities participating in the Qivest v. Portland litigation; and WHEREAS,the outcome of this litigation is significant because it likely will set an important precedent on the extent to which Oregon cities can collect revenue-based franchise fees or privilege taxes and manage their rights-of-way under the Federal Communications Act of 1996; and WHEREAS, the City Council gave approval at the December 13, 2005 Council meeting for the City to contribute two percent or$6,656 of its telecommunication franchise fees to the LOC; and WBEREAS, this contribution was not budgeted for in the FY 2005-06 Mayor & Council Division budget; and WHEREAS, it is necessary to amend the FY 2005-06 Budget to increase appropriations to fluid this contribution. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2005-06 Budget of the City of Tigard is hereby amended as shown, in Attachment A to this resolution to increase appropriations in the Mayor & Council Division budget, Policy & Administration Program, in the amount of $6,656 and to decrease the General Fund Contingency by the same amount �,ECTION 2: This resolution is effective immediately upon passage. .PASSED: This day of 2006. t : s` Mayor-)City of Tigard ATTEST: City Recorder- City of Tigard RESOLUTION NO. 06 - D( Page 1 Attachment A FY 200506 Budget Amendment # 7 FY 2005-06 Budget FY 2005-06 Revised Amendment Revised Budget #7 Bud et General Fund Resources Beginning Fund Balance $8,671,679 $8,671,679 Property Taxes 9,582,474 9,582,474 Grants 456,896 456,896 Interagency Revenues 2,459,839 2,459,839 Development Fees & Charges 512,510 512,510 Miscellaneous Fees and Charges 252360 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 $28,562,052 $0 $28,562,052 Requirements Community Service Program $12,010,489 $12,010,489 Public Works Program 2,672,342 2,672,342 Development Services Program 2,941,422 2,941,422 Policy&Administration Program 355,585 6,656 362,241 General Government 0 0 Program Expenditures Total $17,979,838 $6,656 $17,986,494 Debt Service $0 $0 Capital Improvements $0 $0 Transfers to Other Funds $4,507,732 $4,507,732 Contingency $944,246 ($6,656) $937,590 Total Requirements $23,431,815 $0 $23,431,815 Ending Fund Balance $5,130,237 $5,130,237 Grand Total $28,562,052 $0 $28,562,052 1