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Resolution No. 06-70 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 06-J() A RESOLUTION APPROVING BUDGET AMENDMENT #9 TO THE FY 2006-07 BUDGET TO CORRECT BUDGET AMENDMENT #2'S RESOLUTION NO. 06-49 ATTACHMENT A TO THE RESOLUTION. WHEREAS, on August 8, 2006, City Council approved Budget Amendment #2 and its Resolution No. 06-49; and WHEREAS, the intent of this budget amendment was to decrease the Parks Capital Fund contingency and increase the Parks Capital Projects budget to fund the Northview Park play structure; and WHEREAS, there was an error in Attachment A to Resolution No. 06-49; and WHEREAS, the City Attorney recommended that a budget amendment be done to correct the error; and WHEREAS, it is necessary to correct Budget Amendment #2's Attachment A to the resolution and the FY 2006-07 Budget by increasing appropriations in the Parks Capital Projects budget and decreasing the Parks Capital Fund Contingency. NOW,THEREFORE, BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2006-07 Budget and Resolution No. 06-49 is hereby amended as shown in Attachment A to this resolution to transfer $25,000 from the Parks Capital Fund contingency to the Parks Capital Projects budget to fund the play structure at Northview Park. SECTION 2: This resolution is effective immediately upon passage. PASSED: This �d — day o2006. r Mayor- ity of Tigard ATTEST: -fO-- .. City Recorder- City of Ligard RESOLUTION NO. 06 - Page 1 Attachment A FY 2006-07 Budget Amendment # 9 FY 2006-07 Budget Revised Revised Amendment Revised Budget #9 Budget Parks Capital Fund Resources Beginning Fund Balance $343,216 $343,216 Grants 454,101 454,101 Development Fees&Charges 10,000 10,000 Interest Earnings 15,000 15,000 Other Revenues 40,000 40,000 Transfers In from Other Funds 2,088,252 2,088,252 Total $2,950,569 $0 $2,950,569 Requirements Program Expenditures Total $0 $0 $0 Debt Service $282,025 $282,025 Capital Projects $2,457,876 $25,000 $2,482,876 Transfers to Other Funds $0 $0 Contingency $150,000 ($25,000) $125,000 Total Budget $2,889,901 $0 $2,889,901 Ending Fund Balance 60,668 60,668 Total Requirements $2,950,569 $0 $2,950,569