HomeMy WebLinkAboutCouncil Resolution 1279> i `~
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Resolution IVo. 1 ~?
A RESOLUTION TO APPROVE A SUPPLEMENTAL BUDGET
FOR THE 2010/11 FISCAL YEAR
RECITALS:
A. The City of Central Point's High Tech Crime Unit (HTCU) received an unanticipated donation
from Klamath County, Oregon. This donation was given to the HTCU for the purpose of
purchasing equipment to assist the HTCU in fighting crime.
B. The City of Central Point purchased a .34 acre parcel adjacent to the recently donated
arboretum property for the purpose of providing parking for public use of the arboretum. This
is an unanticipated expense as the property only became available through foreclosure and was
made available to the City for purchase. The estimated value of the property is $55,000; the
purchase price to the City is $25,000.
The City of Central Point resolves to amend the 2010/11 budget in accordance with ORS. 294.480. As
such, the budget changes will appear as follows:
Se ion i.
General Fund -High Tech Crime Unit Donation 2 500
Total Revised High Tech Crime Unit Resources
General Fund -Police/High Tech Crime Unit Expense 2 500
Total Revised Requirements
With the addition of the $2,500 donation, the High Tech Crime Unit budgeted revenue is
increased from $26,000 to $28,500; and the HTCU appropriated expenses are increased from
$46,000 to $48,500.
Section 2.
General Fund -Parks & Recreation/Capital Outlay Expense 25 000
General Fund -Parks & Recreation/Materials & Services/Bldg & Grounds Maint. $ 61,000
The above land purchase transaction requires a transfer of appropriation only and does not
change the total revenues nor expenses of the General Fund. It does require a supplemental
budget to re-appropriate funds from the Parks & Recreation Materials and Services budgeted
line item Building and Grounds Maintenance, to Capital Outlay/Land expense (OAR 150-
294.480).
Passed by the Council and signed by me in authentication of its passe a this ~~ay of January,
2011. ~ ~ e ~ / ..~
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Mayor Hank Williams
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City Recorder