Resolution No. 06-67 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 06-
A RESOLUTION APPROVING BUDGET AMENDMENT #6 TO THE FY 2006-07 BUDGET
TO INCREASE APPROPRIATIONS IN THE WATER QUALITY/QUANTITY FUND
CAPITAL PROJECTS BUDGET WITHIN THE COMMUNITY INVESTMENT PROGRAM
FOR ADDITIONAL FUNDING FOR THE HITEON CREEK RIPARIAN ENHANCEMENT
PROJECT.
WHEREAS, the FY 2005-06 budget included funding for the design and permitting of the Hiteon
Creek Riparian Enhancement project; and
WHEREAS, permits were delayed due to backlogs at the Corp of Engineers; and
WHEREAS, the permit costs will incurred in FY 2006-07; and
WHEREAS, the FY 2006-07 budget includes funding for only the construction costs of the project
and not the permits; and
WHEREAS, it is now necessary to amend the FY 2006-07 Budget to increase appropriations in Water
Quality/Quantity Fund capital projects to pay for this expenditure.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The FY 2006-07 Budget is hereby amended as shown in Attachment A to this
resolution to transfer $18,474 from the Water Quality/Quantity Fund contingency
to the Water Quality/Quantity capital projects to pay for the permits.
SECTION 2: This resolution is effective immediately upon passage.
PASSED: This�yzs' day of /V 6 L/V m&/L-. 2006.
z
Mayor- ty of Tigard
ATTEST:
City Recorder- City of Tigard
RESOLUTION NO. 06 -
Page 1
Attachment A
FY 2006-07
Budget Amendment # 6
FY 2006-07 Budget Adopted
Adopted Amendment Revised
Budget # 6 Budget
Water Quality/Quantity Fund
Resources
Beginning Fund Balance $1,848,835 $1,848,835
Development Fees &Charges 59,850 59,850
Interest Earnings 40,000 40,000
Transfers In from Other Funds 0 0
Total $1,948,685 $0 $1,948,685
Requirements
Community Service Program $0 $0
Public Works Program 0 0
Community Development Program 0 0
Policy&Administration Program 0 0
General Government 0 0
Program Expenditures Total $0 $0 $0
Debt Service $0 $0
Capital Projects $340,000 $18,474 $358,474
Transfers to Other Funds $75,535 $75,535
Contingency $47,250 ($18,474) $28,776
Total Budget $462,785 $0 $462,785
Ending Fund Balance 1,485,900 1,485,900
Total Requirements $1,948,685 $0 $1,948,685