(A resolution approving a supplemental budget for 2011-2012)
WHEREAS, ORS 294.471 allows the City to adopt a supplemental budget by resolution of the City Council;
WHEREAS, the estimated expenditures contained in the supplemental budget attached as Exhibit A may differ by 10 per cent or more of any one of the individual funds contained in the regular budget, requiring notice and a public hearing; and
WHEREAS, it is necessary to adopt a supplemental budget for creating new funds and new appropriations categories, decreasing revenues, and appropriating new revenues;
WHEREAS, the City published the supplemental budget and provided notice as required by ORS 294.471(3) and held a public hearing on June 25, 2012, to consider the proposed supplemental budget.
NOW, THEREFORE, BE IT RESOLVED by the Hood River City Council that:
The supplemental budget as shown on the attached Exhibit A is adopted.
Approved by the Hood River City Council this 25 day of June, 2012, to take effect immediately.
Arthur Babitz, Mayor
Jennifer Gray, City Recorder