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HomeMy WebLinkAboutCouncil Resolution 1206RESOLUTION NO. ~ a.~~ A RESOLUTION TO APPROVE A SUPPLEMENTAL BUDGET FOR FISCAL YEAR 2008 - 2009 THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, HEREBY RESOLVES. AS FOLLOWS:. WHEREAS, the City of Central Point received additional bond money within the 2008/09 fiscal year in the amount of $800,000 for the purpose of completing the construction of Don Jones Memorial Park project; and, WHEREAS, the additional funds were unanticipated when the 2008/09 budget was adopted; NOW, THEREFORE, the Mayor and Council are authorized and do hereby approve the City of Central Point 2008/09 budget to be amended as follows: Capital Improvements Fund Revenues Capital Improvements - Financing.Proceeds $ 800000 Total Revised Resources $ 2.521.000 Expenditures Capital Improvements -Don Jones Memorial Park $ 800,000 Total Revised Requirements $ 2.521.000 Passed by the Council and signed by me in authentication of its passage this t `-I~ay of May, 2009. ~% c~~~ ~, Mayor Hank Williams ATTES . Deanna Casey, City Recorder Approved by me this ~~ day of May, 2009. ~-~ G~~ ~~~~G'~~~ ~ Mayor Hank Williams api a mprovemen - s un - even - ues " - ------------ --------- -- - 2009 2009 -~ ----- 2009 Account jDescription Proposed Approved ~ _ _ Adopted 30-00-00-4330 ;State Grants 274,000 $274,000 $274,000 Total Intergovernmental Revenue 274,000 274,000 274,000 -~ - - _30-00-00-4405 (City Building Rental 0 0 0 30-00-00-4463 SDC Park Improvements _ _ 81,000 81,000 _ _ 81,000 30-00-00-4461~DC Park Reimbursement 177,000 177,000 177,000 Total Charges for Service LID Principal Payments 30-00-00-4610 258,000 0 258,000 0 _ 258,000 ________0 _ 30-00-00-4615 ;LID Interest Pa ments I _ 0 0~ 0 jTotal Special Assessment Revenue _, __ _ 0 0 --- --- 0 ------- - --- - __ _ ________~ 30-00-00-4710 I Interest Income j 15,000 j 15,000 15,000 ',Total Interest Income 15,000 - - _ 15,000 - _ 1-5,000 -- - -- - -- - I 30 00-00 4810_ ;Miscellaneous Revenue_ 30-00-00-4840 ', Financing_Proceeds __ __ ___ _ _-{ 30-00-00-4845 SDC Credit Obligations__ _ ______ - !Interfund Loan Income _ _ 180,000 ___ 400,000 - _______ 0 0 i _ _- 180,000( 180 000 _ 400,000 1 200 000 _________ __~ __________ 0 Oj 0 ;Total Miscellaneous j --- -- ------ -- --- 30-00-00-4910'',Transfers In 580,000 - ---- 0 _ __ 580,0001 1,380,000 - - --T--- --------- -- 0~ 0 Total Transfers _ ~ _ ~ 30-00-00-4010 'ICar over Balance ~ 0 -- ------ ----- -~ 594,000 _ ----- 0 594,0001 594,000 ;Total Carryover _____ __ ----- - -- -,~ I 594,000 594,000; 594,000 ~ ;Total Revenues I 1,721,000 1,721,000'. 2;521OQ0: en apifal-Improvem C s Fund =Recreation ____ --- _ ____ __ ___ - - -- i 2009 2009 2009 Account Description Proposed Approved Adopted 30-40-55-7108 jGym/Recreation Building $0 0 $0 30-40-55_7204 Blue Grass Downs 30-40-55-7219 ;Don Jones Park 29,500 __ 776,500 29,500 29,500 776,500 'w r 1";576;500 _ 30-40-55-7261 j Flanagan Park 30,000 30,0001 30,000 _ tTotal Capital Outlay___ 836,000 836,000 ___ 1,636,000 Total Re uirements 836,000 836,000'' 1';6.36,;000' ~ _ __ __Capital-Improvements Fund =Expenditu --.. __ _ -~ _ _..2009 Description ', Proposed ~ _._ ~. --- re Recap_ _ _ _ -- 2009 i 2009 -- Approved j Adopted _ _ ~CapitalOutlay_ __ _ _-_ - $1,347,000 i _ ',Contin enc __,_ 0 I Endin Balance ~; 374,000 j______ _$1,347,0001, $2,147,000 ' 0!, _ 0 374,0001 374,000 ;Total Re uirements I 1,721,000 1,721,000 ! 2,521,000 _ _ 'Capital Imp Fund -Recreation Center Capital Imp Fund -SDC Parks ----- - ____ _ __________Capital Imp Fund - CP/City Hall/LID ~Ca ital Im Fund - Interde artmental I 836,000 _ 511,000 ___ _ 0 374,000 836,000 511,000 _ _ 0 374,000 1 1,636,000 1 _ 511,000 _ 0 374,000 !Total Re uirements b Division 1,721,000 1,721,000 2;52;,,'000: I