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HomeMy WebLinkAboutCouncil Resolutions 1482 RESOLUTION NO.iqu, A RESOLUTION ALLOWING A BUDGET INCREASE PURSUANT TO ORS 294.471(1)(a), PROVIDING FOR THE RECEIPT AND EXPENDITURE OF UNANTICIPATED REVENUES IN THE 2015/17 BUDGET RECITALS: 1. The Central Point Police Department received $15,000 in asset forfeiture funds through their work with Medford Area Drug and Gang Enforcement(MADGE). 2. The funds were not anticipated when the 2015/17 budget was adopted, however, the Department would like to use these funds to start the narcotics K-9 program. 3. ORS 294.471(1) (a)allows for a budget increase for an occurrence or condition that is not ascertained when preparing the original budget or a previous supplemental budget for the current year or current budget period and that requires a change in financial planning. THE CITY OF CENTRAL POINT RESOLVES AS FOLLOWS: SECTION 1. Adjusted Appropriation Revenues Expenses Appropriation General Fund S 20.140.885 S 20.140.885 Police Donations & Grants $ 30,000 $ 15,000 $ 45,000 Police/Small Equipment $ 72,000 $ 15,000 $ 87,000 General Fund - Revised $ 20,155,885 $ 20,155,885 Passed by the Council and signed by me in authentication of its passage this 8th day of December,2016. Mayor Hank Williams ATTES 1i) .., / City Recorder 4