Resolution No. 07-49 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 07-4 �I
A RESOLUTION APPROVING BUDGET AMENDMENT #4 TO THE FY 2007-08 BUDGET
TO INCREASE APPROPRIATIONS IN TIIE SOCIAL SERVICES/COMMUNITY EVENTS
BUDGET WITHIN THE COM1VfUNITY SERVICES PROGRAM FOR ONE-TIME
ADDITIONrLL FUNDING FOR TIIE 41s"'BRIGADE HOMECOMING PARADE.
WHERE AS, during the July 10 Council business meeting the City Council agreed to pay the insurance
costs related to the 41,t Brigade Homecoming Parade scheduled for August 4, 2007; and
WHEREAS, the cost of this insurance is $1,059; and
WHEREAS, it is now necessary to amend the FY 2007-08 Budget to increase appropriations in dle
Community Services budget to pay for this expenditure.
NOW,THEREFORE, BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2007-08 Budget is hereby amended as shown in Attaclunent A to this
resolution to transfer $1,059 from the General Fund contingency to the Social
Seivices/Cominuuhity Events budget in the Community Services program to pay for
insurance coverage requited for die 41,t Brigade Homecoming Parade.
SECTION 2: This resolution is effective unrnediately upon passage.
PASSED: This day of 2007.
Mayor--C& of Tigard
ATTEST:
City Recorder- City o ig-at
RESOLUTION NO. 07 -
Page 1 !
City of Tigard
Attachment A
Fiscal Year 2007-08
Budget Amendment #4
Original Revised
Revised Revised
Budget Amendment Budget
General Fund
Resources
Beginning Fund Balance $8,838,290 $8,838,290
Property Taxes 10,995,778 '10,995,778
Interagency Revenues 4,488,291 4,488,291
Fees & Charges 1,764,350 1,761,350
Eines and Forfeitures 797,400 797,300
Franchise Dees 3,974,545 3,97=1,545
Interest Earnings 336,345 336,3=45
Other Revenues 20,000 20,000
Transfers In from Other Funds 2,965,162 2,965,162
Total Resources $34,180,161 $0 $34,180,161
Requirements
Communlry Service Program 14,615,6-41 1,059 1.1,616,700
Public W'orks Program 3,084,603 3,084,603
Comlllunity Development Program 3,384,411 3,38=1,41 I
Policy&Administration Program 416,368 416,368
General Government 30,000 30,000
Program Expenditures Total $21,531,023 $1,059 $21,532,082
Debt Service 0 0
Loan to CCDA 80,000 80,000
Capital Projects 0 0
Transfers to Other Funds 6,257,877 6,257,877
Contingency 492,571 (1,059) 491,512
Total Budget $28,361,471 $0 $28,361,471
Ending Fund Balance 5,262,288 0 5,262,288
Total Requirements $33,623,759 $0 $33,623,759