HomeMy WebLinkAboutCouncil Resolutions 1534 Resolution No. /S1-i
A RESOLUTION OF THE CITY OF CENTRAL POINT
APPROVING A 2017/19 SUPPLEMENTAL BUDGET
RECITALS:
A. ORS 294.471 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.
A. General Fund: Within the General Fund there are two budget amendments totaling
$121,000 in additional appropriations:
• $13.000 for attorney costs. Due to the unanticipated costs of the 466 S. 1St
Street/75 Bush Street foreclosure process.
• $72.000 for capital outlay. This item is for the initial purchase and property
demolition/cleanup of 466 S. 1St Street/75 Bush Street.
• $36.000 for utility discounts. Donation to St. Vincent de Paul social services
program to provide assistance to Central Point residents being served rental
eviction or utility shut off notices.
B. Street Fund: Within the Street Fund there are two budget amendments totaling
$125,000 in additional appropriations:
• $5.000 for professional services. This item is for the conceptual drawings of the
new Public Works yard.
Further allocation of this project is found under "C" of this document.
• $120.000 for capital outlay. This item is the ped/bike safety project we were
awarded by ODOT on E. Pine from 7th to off-ramp.
C. Water Fund: Within the Water Fund there are three budget amendments totaling
$125,000 in additional appropriations:
• $5.000 for professional services. This item is for the conceptual drawings of the
new Public Works yard.
• $65.000 for capital outlay. Additional costs for the water line installation on Pine
Street between 7"' and 10th Streets as part of the East Pine Streetscaping
project. $300,000 was already budgeted towards this project in the 2017/19
budget.
• $55,000 for capital outlay. An update to the Water Master Plan was budgeted to
begin in the 2018/19 fiscal year and finished in the 2019/20 fiscal year. This
allows the entire update to be completed in the 2018/19 fiscal year.
D. Stormwater Fund: $15.000 for professional services. This line item is for the Jewett
Swale re-design for storm drain related issues.
The City of Central Point resolves:
Section 1.
Adjusted
Appropriation Revenues Expenses Appropriation
General Fund S 22.154.153 5 22.154.153
Carryover Balance $ 3,916,493 $ 36,000 $ 3,952,493
Misc. Revenue $ 140,000 $ 85,000 $ 225,000
Professional Services -Admin. $ 250,000 $ 13,000 $ 263,000
Utility Discounts $ 20,000 $ 36,000 $ 56,000
Capital Outlay $ - $ 72,000 $ 72,000
General Fund-Revised $ 22,275,153 $ 22,275,153
Street Fund S 8.386,954 S L386.954
Carryover Balance $ 2,205,714 $ 5,000 $ 2,210,714
State Grant-ODOT $ - $ 120,000 $ 120,000
Professional Services $ 42,000 $ 5,000 $ 47,000
Ped/Bike Off Ramp Project $ - $ 120,000 $ 120,000
Street Fund-Revised $ 8,511,954 $ 8,511,954
Water Fund S 9.373.047 S 9.373.047
Carryover Balance $ 2,377,253 $ 125,000 $ 2,502,253
Professional Services $ 20,000 $ 5,000 $ 25,000
Water Line-7th to 10th Street $ 300,000 $ 65,000 $ 365,000
Water Master Plan $ 55,000 $ 55,000 $ 110,000
Water Fund-Revised $ 9,498,047 $ 9,498,047
Stormwater Fund S 2.909.375 S 2.909.375
Carryover Balance $ 1,084,275 $ 15,000 $ 1,099,275
Professional Services $ 16,000 $ 15,000 $ 31,000
Stormwater Fund-Revised $ 2,924,375 $ 2,924,375
Passed by the Council and signed by me in authentication of its passage thisrl day of
April 2018.
Mayor Hank Williams
ATTEST: ,
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City Recorder