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Resolution No. 07-55 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL_ RESOLUTION NO. 07-5S S A RESOLUTION APPROVING BUDGET AMENDMENT #1 TO THE FY 2007-08 BUDGET TO INCREASE APPROPRIATIONS IN THE POLICE BUDGET WITHIN THE COMMUNITY SERVICE PROGRAM FOR FUNDING OF A COMMERCIAL CRIME UNIT. WHEREAS, in response to a need to concentrate public safety services in the commercial areas of the City of Tigard; and WHEREAS, during the June 19, 2007 workshop meeting the City Council discussed and approved the formation of a commercial crime unit to focus exclusively on crimes within the commercial area; and WHEREAS, during the June 19, 2007 workshop meeting the City Council also agreed to increase the business tax permit fees in order to fund the operating costs associated with the formation of the commercial crime unit; and WHEREAS, it is now necessary to amend the FY 2007-08 Budget to increase appropriations in the Police budget. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2007-08 Budget is hereby amended as shown in Attachment A to this resolution to transfer $314,279 from the General Fund contingency to the Police budget in the Community Service program to pay for the first nine months operating costs associated with this new service. SECTION 2: This resolution is effective immediately upon passage. PASSED: This �" — day . 2007. Mayor-4ity of Tigard ATTEST: City Recorder- City of tigard RESOLUTION NO. 07-��� Page 1 City of Tigard Attachment A Fiscal Year 2007-08 Budget Amendment #1 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 4,284,888 4,284,888 Fees & Charges 1,411,350 1,411,350 Fines and Forfeitures 797,400 797,400 Franchise Fees 3,974,545 3,974,545 Interest Earnings 336,345 336,345 Other Revenues 20,000 20,000 Transfers In from Other Funds 2,965,162 2,965,162 Total Resources $33,623,758 $0 $33,623,758 Requirements Community Service Program 14,108,212 314,279 14,422,491 Public Works Program 3,084,603 3,084,603 Community Development Program 3,384,411 3,384,411 Policy&Administration Program 416,368 416,368 General Government 30,000 30,000 Program Expenditures Total $21,023,594 $314,279 $21,337,873 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 1,000,000 (314,279) 685,721 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