Resolution No. 07-43 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 07- A4
A RESOLUTION APPROVING BUDGET AMENDMENT#16 TO THE FY 2006-07 BUDGET
TO INCREASE APPROPRIATIONS IN THE SOCIAL SERVICES/COMMUNITY EVENTS
BUDGET WITHIN THE COMMUNITY SERVICES PROGRAM FOR ONE-TIME
ADDITIONAL FUNDING TO TIGARD 4TH OF JULY.
WHEREAS, Tigard 41h of July Inc. submitted a request for funding for its Tigard 4th of July
Celebration event insurance coverage;and
WHEREAS, this is addition to the$10,000 already approved and budgeted for this event;and
WHEREAS, Council agreed to provide one-time additional funding of$2,550 to Tigard 4th of July,
Inc.; and
WHEREAS, it is now necessary to amend the FY 2006-07 Budget to increase appropriations in the
Community Services budget to pay for this expenditure.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2006-07 Budget is hereby amended as shown in Attachment A to this
resolution to transfer $2,550 from the General Fund contingency to the Social
Services/Community Events budget in the Community Services program to pay for
insurance coverage required for the Tigard 4th of July fireworks display.
SECTION 2: This resolution is effective immediately upon passage.
PASSED: This ��day of . 2007.
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Mayor- City of Tigard
ATTEST:
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City Recorder- City of Tigard
RESOLUTION NO. 07- 3
Pagc 1
Attachment A
FY 2006-07
Budget Amendment #16
FY 2006-07 Budget Revised
Revised Amendment Revised
Budget # 16 Bud et
General Fund
Resources
Beginning Fund Balance $7,801,614 $7,801,614
Property Taxes 10,225,860 10,225,860
Grants 344,355 344,355
Interagency Revenues 2,699,084 2,699,084
Development Fees&Charges 664,000 664,000
Miscellaneous Fees and Charges 307,325 307,325
Fines and Forfeitures 626,000 626,000
Franchise Fees and Business Tax 3,667,000 3,667,000
Interest Earnings 217,400 217,400
Other Revenues 26,000 26,000
Transfers In from Other Funds 2,707,028 2,707,028
Total $29,285,666 $0 $29,285,666
Requirements
Community Service Program $12,456,168 $2,550 $12,458,718
Public Works Program 2,999,637 2,999,637
Community Development Program 3,056,903 3,056,903
Policy&Administration Program 352,865 352,865
General Government 75,000 75,000
Program Expenditures Total $18,940,573 $2,550 $18,943,123
Debt Service $0 $0
Capital Projects $0 $0
Transfers to Other Funds $4,876,553 $4,876,553
Contingency $925,500 ($2,550) $922,950
Total Budget $24,742,626 $0 $24,742,626
Ending Fund Balance 4,543,040 4,543,040
Total Requirements $29,285,666 $0 $29,285,666