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<br /> <br /> <br />ECC <br />UGENE ITY OUNCIL <br />AIS <br />GENDA TEM UMMARY <br /> <br /> <br /> <br />Public Hearing and Action: Resolution Adopting a Supplemental Budget; <br />Making Appropriations for the City of Eugene <br />for the Fiscal Year Beginning July 1, 2011 and Ending June 30, 2012 <br /> <br /> <br />Meeting Date: June 25, 2012 Agenda Item Number: 3 <br />Department: Central Services Staff Contact: Mia Cariaga <br />www.eugene-or.gov Contact Telephone Number: (541) 682-5408 <br /> <br /> <br /> <br /> <br />ISSUE STATEMENT <br />This item is to conduct a public hearing and take action on the second supplemental budget for fiscal <br />year 2012 (FY12). Oregon Local Budget Law (ORS 294.471) allows for supplemental budgets for "an <br />occurrence or condition that is not ascertained when preparing the original budget or a previous <br />supplemental budget for the current year or current budget period and that requires a change in financial <br />planning." This Supplemental Budget consists of $3,315,936 in proposed changes to the FY12 Budget. <br />A description of the proposed transactions is provided in Attachment A. This supplemental budget does <br />not authorize any changes in the property tax levy. The council is asked to take final action on this <br /> <br />supplemental budget after the public hearing. <br /> <br /> <br />BACKGROUND <br />Supplemental budgets recognize new revenues and authorize other unanticipated changes in legal <br />appropriations during a fiscal year. A summary of items included in this supplemental budget is <br />presented below. <br /> <br />Occupy Eugene-Related Transactions <br />In December 2011, the City Council directed staff to use the following sources to cover Occupy Eugene- <br />related costs: <br /> <br /> <br /> <br />$35,000 from the Council General Fund Contingency account; <br /> <br /> <br />$100,000 from the funds approved on the FY12 first supplemental budget for Parks and Open <br />Space operations and maintenance; <br /> <br /> <br />$100,000 from the funding approved on the FY12 first supplemental budget for the enhanced <br />pothole program, which was budgeted as a transfer from the General Fund to the Road Fund; and <br /> <br /> <br />$65,000 from the funding approved on the FY12 first supplemental budget for for Buckley <br />House and gang prevention activities. <br /> <br />Pursuant to this direction, this supplemental budget contains the following transactions: <br /> <br /> <br /> <br />Reduce the City Council General Fund Contingency account by $35,000, and increase operating <br />appropriations in the Planning and Development Department to cover the following costs: <br /> <br /> S:\CMO\2012 Council Agendas\M120625\S1206253.doc <br /> <br />