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Item 3: Adoption of Resolution 5019 Adopting a Supplemental Budget
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Item 3: Adoption of Resolution 5019 Adopting a Supplemental Budget
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12/13/2010
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Resolution Number ____ Attachment B <br />A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET; <br />MAKING APPROPRIATIONS FOR THE CITY OF EUGENE <br />FOR THE FISCAL YEAR BEGINNING JULY 1, 2010, <br />AND ENDING JUNE 30, 2011. <br />The City Council of the City of Eugene finds that Adopting the Supplemental Budget and <br />Making Appropriations is necessary under ORS 294.480. <br />NOW THEREFORE, <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGEN <br />, A <br />E <br />Municipal Corporation of the State of Oregon, as follows: <br />Section 1. <br />ThattheSupplementalBudgetfortheCityofEugene,Oregon,forthefiscal <br />yearbeginningJuly1,2010,andendingJune30,2011,assetforthinattached <br />Exhibit "A" is hereby adopted. <br />Section 2. <br />TheSupplementalamountsforthefiscalyearbeginningJuly1,2010,and <br />endingJune30,2011,andforthepurposesshowninattachedExhibit"A"are <br />hereby appropriated. <br />Section 3. <br />ThatthisSupplementalBudgetispreparedinaccordancewithORS <br />294.480(1)(a),whichauthorizestheformulationofasupplementalbudget <br />resultingfrom"Anoccurrenceorconditionwhichhadnotbeenascertainedat <br />thetimeofthepreparationofabudgetforthecurrentyearorcurrentbudget <br />periodwhichrequiresachangeinfinancialplanning."ThisSupplemental <br />Budget was published in accordance with ORS 294.480(4). <br />Section 4. <br />ThisresolutioncomplieswithORS294.480(5),anddoesnotauthorizean <br />increaseinthelevyofpropertytaxesabovetheamountpublishedintheAnnual <br />Budget publication. <br />The foregoing resolution adopted this 13th day of December, 2010. <br />City Recorder <br />
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