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Resolution No. 23-29 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 23-2' A RESOLUTION TO ADOPT THE FY 2024 FIRST QUARTER BUDGET SUPPLEMENTAL. WHEREAS,the city acknowledges those items that were unknown at the time the FY 2024 budget was adopted; and WHEREAS, the city recognizes approximately $9,231,289 of unanticipated budget in operations and transfers; and WHEREAS, the increase in budget is offset by unanticipated fund balance from prior year budget now being carried forward,miscellaneous revenue,reserve for future expenditures,and contingency. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2023-24 Budget is hereby amended as detailed in Exhibit A. SECTION: This resolution is effective immediately upon passage. t l PASSED: This day of OZ 2023. Mayor-City of Tigard A II EST: ?"-15 City Recorder-City of Tigard RESOLUTION NO. 23- a61 Page 1 Exhibit A ADJUSTED APPROPRIATIONS 10/3/2023 Fund Program Adopted Item# Request 1 Transfer Request Revised Budget 100 General Fund CIP 91024,91025 8 Transfer 3,319,549 &91027 1,434,500 4,754,049 TOTAL 43,171,268 1,434,500 - 44,605,768 200 Gas Tax Fund CIP 91025& 8 Transfer 3,778,842 95065 107,209 (1,610,000) 2,276,051 TOTAL 8,054,679 107,209 (1,610,000) 6,551,888 205 City Gas Tax Fund CIP 91025& 8 Transfer 775,299 95070 177,000 1,610,000 2,562,299 TOTAL 775,299 177,000 1,610,000 2,562,299 240 Criminal Forfeiture Fund 6 Police 604,223 Q1 PD02 25,000 629,223 8 Transfer 12 120,000 120,012 TOTAL 604,236 145,000 - 749,235 270 Parks Utility Fund 8 Transfer 54,447 CIP 91025 1,400 55,847 TOTAL 5,745,530 1,400 - 5,746,930 280 Police Levy Fund 6 Police 2,384,669 Q1 PD01 60,000 2,444,669 TOTAL 2,384,669 60,000 - 2,444,669 400 Facilities Capital Projects Fund CIP 91024, 91025,91027,& 7 Capital Improvements 17,310,000 91028 1,642,000 18,952,000 TOTAL 17,310,036 1,642,000 - 18,952,036 405 Transportation Development Tax 8 Transfer 2,209,674 CIP 95070 63,000 2,272,674 TOTAL 2,209,674 63,000 - 2,272,674 415 Transportation SDC Fund 8 Transfer 6,306,224 CIP 92046 1,177,000 7,483,224 TOTAL 6,306,224 1,177,000 - 7,483,224 420 Parks Capital Fund LIP 91046, 92063,92065. 92068,92069& 7 Capital Improvements 12,620,156 92072 2,071,000 14,691,156 TOTAL 12,620,156 2,071,000 - 14,691,156 421 Parks Bond Fund 8 Transfer - CIP 92063 150,000 150,000 TOTAL N/C 150,000 - 150,000 425 Parks SDC Fund CIP 92046& 8 Transfer 6,585,900 95081 750,596 7,336,496 TOTAL 6,585,900 750,596 - 7,336,496 460 Transportation CIP Fund CIP 95065, 95070,95080, 7 Capital Improvements 12,181,500 95081&97017 890,484 13,071,984 TOTAL 12,181,500 890,484 - 13,071,984 Exhibit A ADJUSTED APPROPRIATIONS 10/3/2023 Fund Program Adopted Item# Request 1 Transfer Request Revised Budget 510 Stormwater Fund 8 Transfer 467,763 CIP 91025 1,400 469,163 TOTAL 11,496,225 1,400 - 11,502,565 511 Water Quality/Quantity Fund 8 Transfer - CIP 97017 41,000 41,000 TOTAL N/C 41,000 - 41,000 530 Water Fund CIP 91025, 8 Transfer 45,367,734 91028,&96057 125,700 45,493,434 TOTAL 57,081,386 125,700 - 57,237,682 531 Water SDC Fund 8 Transfer 8,888,011 CIP 96062 172,000 9,060,011 TOTAL 8,888,011 172,000 - 9,060,011 532 Water CIP Fund CIP 96057& 7 Capital Improvements 34,573,000 96062 222,000 34,795,000 TOTAL 34,573,000 222,000 - 34,795,000 All Funds * 6 Police 25,986,330 85,000 - 26,071,330 * 7 Capital Improvements 87,269,156 4,825,484 - 92,094,640 * 8 Transfer 85,506,227 4,320,805 - 89,827,032 * TOTAL 294,481,202 $ 9,231,289 $ - $ 303,712,491