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Resolution No. 08-42 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 08-' ,,. A RESOLUTION APPROVING BUDGET AMENDMENT #3 TO THE FY 2008_09 BUDGET IMPLEMENTING THE INTERIM FINANCIAL: AND INFORMATION SERVICES DEPARTMEN'T' PLAN. WHERE a S, the City has a need for an interim Financial and Information Services Department plan due to significant staff turnover and software implementation;and WHEREAS, the City needs assistance to provide adequate governmental accounting, financial operations and year-end audit services while recruitment occurs for three positions;and WHEREAS, additional software support services for the IFAS citywide financial software implementation and utility franchise negotiations are also necessary due to staff turnover; and WHERE,AS, these required service needs total$265,426 and WHEREAS, the casts associated with these required services were not foreseen during the preparation of the .Fiscal Year 20018-09 budget NOW,THEREFORE,BE IT RESOLVED by the Tigard City'Council that: SECTION 1: The 17Y 2008-09 Budget is hereby amended as shown in Attachrnent A to this resolution, transferring $265,426 four the General. Fund Contingency to the City Administration Program to pay for the expenditures associated with these needs. SECTION 2; Tlus resolution is effective irninediately upon passage. PASSEDt This JQ_!�— day of -- 2008. Al Ma r'- ity o tfigaxd ATTEST: IS- tA City Recorder-City of Tigar c RESOLUTION NO. 08- Page 1 Fiscal Year 2008-09 Budget Amendment#3 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 3 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 Fond/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 $ 265,426 653,489 Community Development $ 4,366,631 4,366,631 Community Services $ 15,774,124 $ 15,774,124 Public Works $ 3,749,717 $ 3,749,717 General Government $ $ - Program Expenditures Total $ 24,536,071 $ 265,426 24,801,497 Indirect Expenses $ 4,979,639 $ 4,979,639 Loans $ 380,000 $ 380,000 Capital Projects $ 910,845 $ 910,845 Transfers to Other Funds $ 1,084,841 $ 1,084,841 Contingency ,$' 815,159 $ (265,426) $ 549,733 Total Budget $ 32,706,555 $ r $ 32,706,555 Ending Fund Balance $ 3,771,651 $` - $ 3,771,651 Total Requirements $ 36,478,206 $ 36,478,206