Resolution No. 08-34 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 08- ,-)
A RESOLUTION APPROVING BUDGET AMENDMENT #16 TO TIIE FY 2007-08 BUDGET
INCREASING APPROPRIATIONS IN THE SOCIAL SERVICES/COMMUNITY EVENTS BUDGET
WITHIN THE COMMUNITY SERVICES PROGRAM FOR A ONE-TIIv1E ADDITIONAL FUNDING
OF TIGARD 4"' OF JULY.
WHEREAS, Tigard 4`" of July Inc. submitted an additional request for funding for its 2008 Tigard 4"' of July
Event for special event insurance coverage;and
WHEREAS, this is in addition to the$10,000 already approved and budgeted for this event;and
WHEREAS, Council agreed to provide additional funding of$2,550 to Tigard 4`" of July, Inc. for FY 2007/08
only;and
WHEREAS,it is noxv necessary to amend the FY 2007-08 Budget to increase appropriations in the Community
Services budget to pay for flus 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 Attachment A to this resolution to
transfer $2,550 from the General Fund contingency to the Social Seivices/Community
Events budget in the Corntnunity Services program to pay for special event insurance
coverage required for the 2008 4''' of July event.
SECTION This resolution is effective immediately upon passage.
PASSED: This day of 2008.
J
Ma - ity o igaid
ATTEST:
0/�.'
City Recorder-City of Tigard
RESOLUTION NO. 08 - 2-
Page
Page 1
City of Tigard
Attachment A
Fiscal Year 2007-08
Budget Amendment #16
OriginaI 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 Tees 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 14,621,700 2,550 14,624,250
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 $21,537,082 $2,550 $21,539,632
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 574,777 (2,550) 572,227
Total Budget $28,449,736 $0 $28,449,736
Ending Fund Balance 5,262,288 5,262,288
Total Requirements $33,712,024 $0 $33,712,024