Resolution No. 04-04 CITY OF TIGARD,OREGON
RESOLUTION NO.04-�
A RESOLUTION APPROVING BUDGET AMENDMENT #14 TO THE FY 2003-04 ADOPTED
BUDGET TO ADJUST APPROPRIATIONS FOR FUNDING OF AN ON-LINE LIEN SEARCH
SYSTEM.
WHEREAS,Local Contract Review Board awarded a contract for an on-line lien search system on January
13,2004 to Net Assets;
WHEREAS,this contract is new and will increase expenditures in the Finance Administration division;
WHEREAS,the contract will be offset by additional revenues generated from an increase in lien search
fees;
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2003-04 Adopted Budget of the City of Tigard is hereby amended as shown in
Attachment A to this resolution
SECTION 2: This resolution is effective immediately upon passage.
PASSED: This J? day of O 2004.
Mayor-Gity of Tigard
ATTEST:
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City Recorder-City of Tigard
RESOLUTION N0.o4- o-4
Page 1
Attachment A
FY 2003-04
Budget Amendment# 14
FY 2003-04 Budget Revised
Revised Amendment Revised
Bud et #14 Budget
General Fund
Resources
Beginning Fund Balance 7,065,185 7,065,185
Property Taxes 9,115,977 9,115,977
Grants 82,538 82,538
Interagency Revenues 2,162,454 2,162,454
Development Fees&Charges 290,000 290,000
Utiltity Fees and Charges 0 0
Miscellaneous Fees and Charges 163,000 163,000
Fines and Forfeitures 434,127 434,127
Franchise Fees and Business Tax 2,748,865 2,748,865
Interest Earnings 156,304 156,304
Bond/Note Proceeds 0 0
Other Revenues 36,032 36,032
Transfers In from Other Funds 2,227,982 2,227,982
Total $24,482,464 $0 $24,482,464
Requirements
Community Service Program 9,560,276 9,560,276
Public works Program 2,473,000 2,473,000
Development Services Program 2,373,396 2,373,396
Policy&Administration Program 310,775 310,775
General Government 0 0
Program Expenditures Total $14,717,447 $0 $14,717,447
Debt Service $0 $0
Capital Improvements $0 $0
Transfers to Other Funds $3,899,721 $45,000 $3,944,721
j Contingency $962,783 ($45,000) $917,783
Total Requirements $19,579,951 $0 $19,579,951
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Ending Fund Balance 4,902,513 4,902,513
Grand Total $24,482,464 $0 $24,482,464
Central Services Fund
Resources
Beginning Fund Balance 523,050 523,050
Interest Earnings 10,461 10,461
Transfers In from Other Funds 4,413,623 45,000 4,458,623
Total $4,947,134 $45,000 $4,992,134
Requirements
Policy&Administration Program 3,559,741 45,000 3,604,741
General Government 394,920 394,920
Program Expenditures Total $3,954,661 $45,000 $3,999,661
Debt Service $0 $0
Capital Improvements $0 $0
Transfers to Other Funds $73,614 $73,614
Contingency $262,334 $262,334
Total Requirements $4,290,609 $45,000 $4,335,609
Ending Fund Balance 656,525 656,525
Grand Total $4,947,134 $45,000 $4,992,134
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