Resolution No. 08-40 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 08-410 RE-SOLUTION APPROVING BUDGET AMENDMENT ##1 TO THE FY 2008-09 BUDGET
INCASING APPROPRIATIONS BY$75,000 IN THE COMMUNITY DEVELOPMENT PROGRAM
TO REFLECT THE COSTS ASSOCIATED WITH TREE PLANTING PROJECTS.
WHEREAS, the City recognizes a need for various tree planting and tree establishment projects on publicly
awned lands in FY 2008-09;and
WHEREAS,the projects were to be funded with tree mitigation fees f"roan development projects;and
WHERE S, due to technical issues the funds to support these projects were not appropriated in the FY 2008-
09 budget.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 9: The FY 2008-09 Budget is hereby amended as shown in Attachment A to this resolution,
transferring $75,000 from the General Fund Contingency to the Cone- unity Development
Program to pay for the costs associated with these projects.
SECTION 2: Tl-ss resolution is effective immediately upon passage.
PASSED: This day of _ 2008.
May6r- ity of Tigard
ATTEST:
hA' UJ
City Recorder-City of Tigard
RE,SOLUTION NO. 08 - c
Page 1
t., t
Fiscal Year 2008-09 Budget
Amendment#1
Revised Revised
Budget Amendment Budget;
General Fund
Resources
Beginning Fund Balance $ 10,308,127 10,308,127
Property Taxes $ 11,626,766 $ 11,626,766
Grants $" 293,286 293,286
Interagency Revenues $ 4,828,686 $ 4,828,686
Fees&Charges $ 1,773,190 1,773,190
Fines and Forfeitures $ 938,030 $ 938,030
Franchise Fees $ 4,286,183 $ 4,286,183
Interest and.Rental Earnings $ 306,150 $ 306,150'
Bond/Note Proceeds $ - $ -
Other Revenues $ 34,000 $ 34,000
Indirect Charges $ 832,119 $ 832,119
Transfers In from Other Funds $ 1,251,669 $ 1,251,669
Total Resources $ 36,478,206 - $ 36,478,206
Requirements
Policy and Legislation $ 257,536 $ 257,536
City Administration $ 388,063 $ 388,063
Community Development $ 4,291,631 $ 75,000 4,366,631
Community Services $ 15,774,124 $ 15,774,124
Public Works $" 3,749,717 $ 3,749,717
General Government $ $ -
Prograrn Expenditures Total $ 24,461,071 $ 75,000 $ 24,536,071
Indirect Expenses $ 4,979,639 $ 4,979,639
Loans 380,000 $ 380,000
Capital Projects $ 910,845' $ 910,845
Transfers to Other Funds 975,000 $ 975,000
Contingency 1,000,000 $ (75,000) $ 925,000
Total Budget $ 32,706,555 $ - $ 32,706,555
Ending Fund Balance $ 3,771,651 $ - $ 3,771,651.
Total Requirements $ 36,478,206 $ - $ 36,478,206