| There are three ways in which to change appropriations
after the Budget is adopted.
1. A transfer of appropriations decreases an appropriation and increases
another. This is the simplest budget change allowed under Oregon Budget law.
This does not increase the overall budget. This is approved by a City council
resolution.
2. A supplemental budget of less than 10 percent of total appropriations
within an individual fund follows a process similar to the transfer of
appropriations.
3. A supplemental budget in excess of 10 percent of total appropriations
requires a longer process. This process includes a notice in the paper and
a public hearing.
The first type of budget change is necessary and is the second such
transfer requested for FY 2002-2003. Attached is a resolution for your approval.
The recommended changes in the budget are explained after each request.
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