A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET ESTABLISHING APPROPRIATIONS WITHIN THE 2007-2008 BUDGET
ORS 294.480 permits the governing body of a municipal corporation to make a supplemental budget for the fiscal year for which the regular budget has been prepared under one or more of the following reasons:
|a.||An occurrence or condition which had not been ascertained at the time of the preparation of a budget for the current year which requires a change in financial planning.|
|b.||A pressing necessity which was not foreseen at the time of the preparation of the budget for the current year which requires prompt action.|
|c.||Funds were made available by another unit of federal, state or local government and the availability of such funds could not have been ascertained at the time of the preparation of the budget for the current year.|
|d.||Other reasons identified per the statutes.|
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. Because of the circumstances stated below, the Mayor and City Council of the City of Ashland determine that it is necessary to adopt a supplemental budget, establishing the following additional appropriations:
|Resource:||Miscellaneous Income (Asset Forfeitures)||$66,900|
To recognize asset forfeiture revenue received and create appropriations in the General Fund, Police Department, restricted by federal requirements to pay for training ($38,000), equipment ($8,500), personal services for investigative resources ($5,000), operational costs ($10,400) and professional services (police facility architectural review of $5,000).
SECTION 2. All other provisions of the adopted 2007-2008 BUDGET not specifically amended or revised in this Supplemental Budget remain in full force and effect as stated therein.
SECTION 3. This resolution takes effect upon signing by the Mayor.
This resolution was read by title only in accordance with Ashland Municipal Code Section 2.04.090 duly
PASSED and ADOPTED this 21st day of August, 2007:
Barbara Christensen, City Recorder
SIGNED and APPROVED this 23rd day of August, 2007:
John W. Morrison, Mayor
Reviewed as to form:
Richard Appicello, Assistant City Attorney
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