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HomeMy WebLinkAboutCouncil Resolutions 1832 (2) RESOLUTION NO. A RESOLUTION OF THE CITY OF CENTRAL POINT APPROVING A 2023-25 SUPPLEMENTAL BUDGET Recitals: A. Pursuant to ORS 294.463, Oregon Municipalities can transfer appropriation between existing categories during the budget period and pursuant to ORS 294.471 and 294.473, Oregon Municipalities can make one or more supplemental budgets. B. Due to the unexpected departure of the Finance Director and the resulting vacation leave payout, there has been an additional $25,000 in personal service costs within the Finance Department budget. In addition, the Finance Department has incurred $50,000 in unanticipated materials and services costs due to the expense of contracting with auditors to complete three fiscal years of audits. These additional costs are necessary to ensure compliance with state-mandated financial reporting requirements. A supplemental budget appropriation increase of $60,000 is proposed to cover these audit-related expenditures. The Planning Department has an unfilled staff position within their 2023-25 department budget which has led to a significant budget authority availability. To assist the Finance Department budget a transfer of appropriation of $85,000 from personal services in the Planning Department to the Finance Department personal service category is proposed. C. The Police Department has received nearly over $124,000 in proceeds from case work an assigned officer has been assigned to through the Federal Asset Forfeiture Program. Only $10,000 was originally budgeted in the 2023-25 biennial budget. The program funds have been used on eligible materials and service costs within the department. Therefore, intergovernmental revenue and materials & service expenditure increase of $114,000 is proposed in the Police Department. D. The Central Point Little League field improvement project has been funded through a public-private partnership between the City and the Moore family. In the original adopted budget remaining American Rescue Plan Act (ARPA) funds were anticipated to be used to cover project costs during the 2023-25 biennium. The project has progressed to a point where the funds donated by the Moore family as well as scoreboard sponsorship funds from Rogue Credit Union would be utilized. The donated funds were received through the Central Point Parks and Recreation Foundation. Therefore, grant revenue and capital outlay expenditure increase of $725,000 is proposed. The City of Central Point resolves as follows: Section 1. Adjusted Budget Revenues Expenses Budget General Fund $ 28,783,690 $ 28,783,690 Intergovernmental Revenue $ 1,643,925 $ 114,000 $ 1,757,925 Personal Services - Finance $ 1,185,900 $ 85,000 $ 1,270,900 Personal Services - Planning $ 1,105,930 $ (85,000) $ 1,020,930 Materials & Svcs. - Police $ 1,876,350 $ 114,000 $ 1,990,350 General Fund - Revised $ 28,897,690 $ 28,897,690 Fed. Stimulus Grant Fund $ 916,570 $ 916,570 Grant Revenue $ - $ 725,000 $ 725,000 Capital Outlay $ 916,570 $ 725,000 $ 1,641,570 Fed. Grant Fund - Revised $ 1,641,570 $ 1,641,570 Passed by the Council and signed by me in authentication of its passage this 26th day of June 2025. 4,e Council Presi Rob Hernandez ATTEST Cs-CA/11 L Rachel Neuenschwander, Recorder