HomeMy WebLinkAboutResolution 07-47 11/05/2007
CITY OF SPRINGFIELD
RESOLUTION NO. 07-47
A RESOLUTION ADJUSTING RESOURCES AND REQUIREMENTS IN THE FOLLOWING FUNDS:
Regional Wastewater Debt Service; Regional Wastewater Revenue Bond Capital Projects; Development Projects;
Regional Wastewater Capital; SDC Regional Wastewater Reimbursement; SDC Regional Wastewater Improvement;
Regional Wastewater.
WHEREAS, the 2007-2008 fiscal year appropriations for the City of Springfield were made by Resolution No. 07-28 dated
June 18,2007; and,
WHEREAS, at various times during the fiscal year the Common Council is requested to make adjustments to the fiscal year
budget to reflect needed changes in planned activities, to recognize new revenues, or to make other required adjustments; and,
WHEREAS, the Common Council handles such requests for adjustment to the budget through Supplemental Budget
Resolutions presented at public hearings at which the public may comment on such requests; and,
WHEREAS, notice of a public hearing, including information regarding such revenues and expenditures was published in a
newspaper of general circulation not less than 5 days prior to the public meeting.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SPRINGFIELD, A
Municipal Corporation of the State of Oregon, as follows:
Section 1. Supplemental Budget No.2 for the 2007-2008 Fiscal Year amending Resolution 07-28 is hereby adjusted as follows:
REGIONAL W ASTEW A TER DEBT SERVICE - FUND 312
Estimated Revenues Appropriations
Interfund Transfer $ 362,865 Non Departmental
Revenue Bond Debt Service $ 362,865
Total Non-Departmental $ 362,865
Total Regional Wastewater Debt Total Regional Wastewater Debt
Service Fund $ 362.865 Service Fund $ 362.865
REGIONAL WASTEWATER REVENUE BOND CAPITAL PROJECTS - FUND 412
Estimated Revenues Appropriations
Interfund Transfer $ 4,664,439 Capital Projects $ 11,739,530
Non Departmental
Reserves $ (7,075,091)
Total Regional Wastewater
Revenue Bond Capital Projects
Fund
$ 4,664,439
Total Regional Wastewater
Revenue Bond Capital Projects
Fund
$ 4,664,439
Attachment B - Page 1 of 3
Estimated Revenues
Total Development Projects Fund
DEVELOPMENT PROJECTS - FUND 420
Appropriations
Capital Projects
$
Non Departmental
Reserves
$
Total Development Projects Fund
Estimated Revenues
Beginning Cash
REGIONAL WASTEWATER CAPITAL - FUND 433
Appropriations
Departmental Operating:
Public Works
Total Regional Wastewater
Capital Fund
$ 5,416,569
Capital Projects
Non Departmental
Reserves
Transfers
Total Non-Departmental
$ 5,416,569
Total Regional Wastewater
Capital Fund
Estimated Revenues
Beginning Cash
SDC REGIONAL W ASTEW A TER REIMBURSEMENT - FUND 444
Appropriations
$ 301,343 Departmental Operating:
Public Works
Total SDC Regional Wastewater
Reimbursement Fund
Non Departmental
Reserves
Transfers
Total Non-Departmental
$
Total SDC Regional Wastewater
Reimbursement Fund
301,343
Attachment B - Page 2 of 3
RESOLUTION NO. 07-47
$
287,722
$ (287,722)
$
$
169,300
$ 11,338,000
$ (10,755,170)
4,664,439
(6,090,731 )
$ 5,416,569
$
7,000
$
173,388
120.955
294,343
$
$
301,343
Estimated Revenues
Beginning Cash
SDC REGIONAL WASTEWATER IMPROVEMENT - FUND 445
Appropriations
Non Departmental
Reserves
Transfers
$ 1,018,874
Total Non-Departmental
$ 897,919
120.955
$ 1,018,874
Total SDC Regional Wastewater Total SDC Regional Wastewater
Improvement Fund $ 1,018,874 Improvement Fund $ 1,018,874
REGIONAL W ASTEW A TER - FUND 612
Estimated Revenues Appropriations
Beginning Cash $ (559,804) Departmental Operating:
Miscellaneous Receipts 5,500 Public Works $ 171,500
Non Departmental
Reserves $ (846,759)
Transfers 120.955
Total Non-Departmental $ (725,804)
Total Regional Wastewater Fund $ (554,304) Total Regional Wastewater Fund $ (554,304)
Estimated Revenues
Total Supplemental Budget $ 11,209,786
Appropriations
Total Supplemental Budget
$ 11,209,786
Section 2. This resolution shall take effect upon adoption by the Council and approval by the Mayor.
Adopted by the Common Council of the City of Springfield this 5th day of November, 2007, by a vote of 5
o against. (1 absent)
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OFFICE OF CITY ATTORNEY
Attachment B - Page 3 of 3
RESOLUTION NO. 07-47