HomeMy WebLinkAboutCouncil Resolutions 1454 Resolution No. I H 511
A RESOLUTION TO APPROVE A 2015/17 SUPPLEMENTAL BUDGET
RECITALS:
A. Oregon budget law (ORS 294.480) allows the governing body to adopt a supplemental
budget when certain conditions exist, such as an occurrence or condition was not
known at the time the budget was adopted; a situation was not foreseen and requires
prompt action; money is received that was not anticipated, or a request for services or
facilities is received which will be paid by another entity and was not known at the time
of the adoption of the budget.
B. General Fund: Within the General Fund there are six budget amendments totaling
$247,600 in additional appropriations:
• $240,395 Parks grants. Unanticipated grant funding of$235,395 from the
Oregon Community Foundation for the design and construction of Skryman Park;
and $5,000 CCIS grant for park safety equipment.
• 574.600 transfer of appropriations. This is to move funds from Parks/Contract
Services into Park/Salary&Wages in order to cover funds needed for a new
parks worker position;this action does not increase budgeted appropriations.
• 525.000 for attorney costs. Due to the unanticipated costs of the Costco/LUBA
process.
• 55.000 Police grant. CCIS grant for police safety equipment.
C. Building Fund: 515.000 Building Permit Technician. Due to the unanticipated need for
assistance within the building department for building services, this position which was
approved and appropriated within the 2015/17 biennial budget was filled earlier than
originally planned.
D. Street Fund: 5228.000 Freeman Road. Due to broken water line replacement late in the
project year, completion of Freeman Road was delayed causing the project to extend
over into the 2015/17 biennial budget period.
Further allocation of this project is found under "E" and "F" of this document.
E. Water Fund: Within the Water Fund there are three budget amendments totaling
$310,200 in additional appropriations:
• 522.000 Cities Coalition Water Study. To appropriate revenue and expenses
associated with the RH2 Engineering water study contracted by the Rogue Valley
"small cities" coalition. Engineering expenses are paid by the City of Central
Point; division of the expense and subsequent reimbursement is then made by
each city per the agreement.
• 588.200 Backflow services. To appropriate backflow revenue and expenses. In
January 2016 the City of Central Point first offered backflow services (at a
savings)to utility customers. The decision to implement these services was
several months after adoption of the 2015/17 biennial budget and therefore was
not anticipated nor included in the budget.
• 5200.000 Freeman Road. The Freeman Road project allocated to water issues
and expenses.
F. Stormwater Fund: 537.000 Freeman Road. The Freeman Road project allocation to
stormwater expense.
G. Interfund Transfers: (5211,000) budget correction. In the 2015/17 biennial budget,
"Transfers Out" expense is overstated as follows:
• Street Fund - $36,000
• Stormwater Fund -$50,000
• Stormwater SDC's- $125,000
A reversal of this expense will result in an increase to the carryover balance of the
corresponding fund. However,this action does not increase or decrease budgeted
appropriations.
The City of Central Point resolves:
To amend the 2015/17 biennial budget in accordance with ORS. 294.480.
As such, budget changes will appear as follows:
Section 1.
Adjusted
Appropriation Revenues Expenses Appropriation
General Fund 19,870,490 19,870,490
Carryover revenue 2,501,250 25,000 2,526,250
City Admin/Professional Service 180,000 25,000 205,000
Parks Donations&Grants 2,000 240,395 242,395
Police Donations&Grants 2,000 5,000 7,000
Parks/Salaries&Wages 495,370 74,600 569,970
Parks/Contract Services 286,300 (74,600) 211,700
Parks/Sm.Equipment 4,200 5,000 9,200
Parks/Skymian Arboretum 13,800 235,395 249,195
Police/Sm.Equipment 67,000 5,000 72,000
Total Revised General Fund $20,140,885 $20,140,885
Street Fund 6,792,660 6,792,660
Carryover Balance 1,605,860 378,000 1,983,860
Transfers Out 100,700 (36,000) 64,700
Ending Balance 1,468,851 36,000 1,504,851
Freeman Road project 0 114,000 114,000
SDC/Freeman Road project 0 114,000 114,000
SDC/Table Rock Road project 0 150,000 150,000
Total Revised Street Fund $7,170,660 $7,170,660
Buildine Fund 573,225 573.225
Carryover balance 199,625 15,000 214,625
Salaries&Wages 219,550 15,000 234,550
Total Revised Water Fund $588,225 $588,225
Water Fund 7,712,995 7,712.995
Carryover balance 1,660,995 200,000 1,860,995
Freeman Road project 0 200,000 200,000
Financing 0 22,000 22,000
Contract Services 120,000 22,000 142,000
Backfl ow Service Fees 0 88,200 88,200
Other Services(Backflow) 0 88,200 88,200
Total Revised Water Fund $8,023,195 $8,023,195
StormwaterFund 2.694,560 2.694.560
Carryover Balance 897,860 37,000 934,860
Transfers Out 50,000 (50,000) 0
Transfers Out 125,000 (125,000) 0
Ending Balance 532,860 175,000 707,860
Freeman Road project 125,000 37,000 162,000
Total Revised Stormwater Fund $2,731,560 $2,731,560
Passed by the Council and signed by me in authentication of its passage this
26th day of May, 2016.
Mayor Hank Williams
ATTEST.
lip
City Recorder