HomeMy WebLinkAboutCouncil Resolution 1394Resolution No.�L
A RESOLUTION TO APPROVE A SUPPLEMENTAL BUDGET
FOR THE 2013/14 FISCAL YEAR
RECITALS:
A. The City of Central Point's High Tech Crime Unit (HTCU) received $150,000 more in
Federal Operating Grant funds than unanticipated when the 2013/14 budget was
adopted.
B. The Highway 99 Beautification project beginning in fiscal year 2012/13 and continuing
into fiscal year 2013/14 did not progress on schedule. Due to unforeseen weather
conditions and a right-of-way acquisition issue, the project was delayed resulting in
higher expenses than budgeted for in the 2013/14 fiscal year.
The City of Central Point resolves:
To amend the 2013/14 budget in accordance with ORS. 294.480.
As such, the budget changes will appear as follows:
Section 1.
Summary of Proposed Budget Changes
High Tech Crime Fund
Resource
Amount
Expenditure
Amount
Federal Grant Revenue
$150,000
Federal Grant Expense
$150,000
Revised Total Fund Resources
$275,200
Revised Total Fund Resources
$275,200
Street Fund
Resource
Amount
Expenditure
Amount
Carryover Balance
$195,000
Capital/Hwy 99 Project
$110,000
SDC Capital/Hwy 99 Project
85,000
Revised Total Fund Resources
$4,116,000
Revised Total Fund Resources
$4,116,000
Passed by the Council and signed by me in authentication of its passage this � day of
May, 2014.
Mayor Hank Williams