RESOLUTION NO. 2004-____

A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET ESTABLISHING APPROPRIATIONS WITHIN THE 2003-2004 BUDGET

Recitals:

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 appropriations as follows:

General Fund

Appropriation:	Fire Department	$11,400
	Police Department	$80,000
Resource:	Intergovernmental Revenue	$91,400

To appropriate $11,400 in the Fire Department for EMS-CERT field equipment and data base development funded by a federal grant and $80,000 in the Police Department for the out-sourced dispatch contract due to state 911 revenues coming directly to Ashland rather than going directly to Medford to off-set a portion of the city's dispatch costs paid to Medford.

Airport Fund

Appropriation:	Materials & Services	$25,000
	Capital Outlay	$350,000
Resource:	Other Financing Sources	$375,400

To appropriate $350,000 in Capital Outlay for the construction of 14 nested T-hangars and $25,000 in Materials & Services for related fees including financing costs, all of which is funded by loan proceeds whose debt service will be paid by hangar rents.

Capital Improvement Fund

Appropriation:	Materials & Services	$40,000
	Capital Outlay	$329,300
Resource:	Sale of Assets	$369,300

To appropriate in Capital Outlay and in Materials & Services any related costs for purchasing park lands funded by the sale of the 669 North Main and Keener properties.

Water Fund

Appropriation:	Public Works - Forest Land Management	$11,400
	Debt Service	$145,000
Resource:	Carry Forward	$145,000
	Intergovernmental Revenue	$78,800

To recognize additional grant monies received and to appropriate for community education and wildfire fuels reduction related to the city's Forest Land Management Division activities and to recognize monies carried forward related to the water revenue bonds sold (refunding prior bonds and financing new capital projects) in late June and to appropriate for the added debt service.

SECTION 2. 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 ______day of ______, 2004:
Barbara Christensen, City Recorder

SIGNED and APPROVED this ______day of ______, 2004:
Alan W. DeBoer, Mayor

Reviewed as to form:
Paul Nolte, City Attorney

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