(A resolution approving a supplemental budget for the Sewer Fund)
WHEREAS, ORS 294.480 allows the City to adopt a supplemental budget by resolution of the City Council; and
WHEREAS, it is necessary to adopt a supplemental budget to recognize unanticipated revenues; and
WHEREAS, the beginning balance of the Sewer Fund exceeded budget estimates; and
WHEREAS, emergency repair work at the north secondary clarifier located at the wastewater treatment plant (WWTP) is necessary; and
WHEREAS, the recognition of $167,846 of unbudgeted Sewer beginning fund balance and the appropriation of an additional $167,846 of capital outlay: WWTP, Improvements other than Buildings in the Sewer Fund is necessary; and
WHEREAS, the estimated expenditures contained in the supplemental budget differ by less than 10% of the expenditures of the Sewer Fund; and
WHEREAS, the City provided notice as required by ORS 294.480(3).
NOW, THEREFORE, BE IT RESOLVED by the Hood River City Council that:
A supplemental budget to recognize additional beginning fund balance of $167,846 and appropriation of an additional $167,846 of Capital Outlay: WWTP, Improvements other than Buildings in the Sewer Fund is adopted.
Approved by the Hood River City Council on December 12, 2011, to take effect immediately.
Arthur Babitz, Mayor
Jennifer Gray, City Recorder