HomeMy WebLinkAboutResolution 98-07 01/20/1998
CITY OF SPRINGFIELD
RESOLUTION NO.
9R-07
.
A RESOLUTION RECOGNIZING AND APPROPRIATING PROCEEDS IN THE GENERAL
FUND, THE STREET FUND, THE METROPOLITAN WASTEWATER FUND, AND THE
DEVELOPMENT PROJECTS FUND; AND THE ADJUSTMENT OF BEGINNING CASH IN THE
GENERAL FUND, THE METROPOLITAN WASTEWATER FUND, THE VEHICLE AND EQUIPMENT
FUND, AND THE DEVELOPMENT PROJECTS FUND.
WHEREAS, the 1997/98 fiscal year appropriations for the City of Springfield were made by Resolution No.
97-37 dated June 30, 1997; and
WHEREAS, the estimated expenditures contained in the supplemental budget for fiscal year 1997/98 result
in an amount of estimated total expenditures by the City for the fiscal year that differs by more than 10 percent of any
individual fund; and
WHEREAS, notice of such meeting including information regarding such revenues and expenditures was
published in a newspaper of general circulation not less than 14 days prior to the public hearing; and
WHEREAS, proceeds from the General Fund, the Street Fund, the Metropolitan Wastewater Fund, and the
Development Projects Fund need to be recognized and appropriated; and
WHEREAS, the beginning cash balance in the General Fund, the Metropolitan Wastewater Fund, the
Vehicle and Equipment Fund, and the Development Projects Fund needs to be adjusted,
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Springfield as follows:
.
Section 1. The recognition and appropriation of proceeds in the General Fund, the Street Fund, the
Metropolitan Wastewater Fund, and the Development Projects Fund; and the adjustment of beginning cash in the
General Fund, the Metropolitan Wastewater Fund, the Vehicle and Equipment Fund, and the Development Projects
Fund as follows:
Revenue
ADDroDriation
GENERAL FUND
$ 3,500 General Government Program:
$ 8,500 Special Payments $ 11.856
$ 21,000 Total General Government $ 11,856
$ 15,800
$ 1,335 Public Safety Program:
Materials & Services $ 1.335
Total Public Safety $ 1,335
Library Program:
Capital Outlay $ 12.000
Total Library $ 12,000
Community Development Program:
Personal Services $ 15,800
Materials & Services $ 9.144
Total Community Development $ 24,944
$ 50.135 Total General Fund $ 50.135
GENERAL FUND
Beginning Cash Balance
Current Taxes
Electrical Inspection Fees
Building Fees
LA.F.C. Travel Reimbursement
.
Total General Fund
Resolution No. 98-07
Page 2
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Revenue
Appropriation
STREET FUND
STREET FUND
$ 5,539 Community Development Program:
Materials & Services $ 5,539
Total Community Development $ 5.539
$ 5,539 Total Street Fund $ 5.539
METROPOLITAN WASTEWATER FUND
Transfer from Fund 20
Total Street Fund
METROPOLITAN WASTEWATER FUND
Beginning Cash
Miscellaneous Receipts
$ 772,289 Community Development Program:
$ 6,487 Capital Projects
Special Payments
Total Community Development
$ 6,487
$ 772.289
$ 778,776
Total Metropolitan Wastewater Fund
$ 778.776 Total Metropolitan Wastewater Fund
$ 778.776
VEHICLE AND EQUIPMENT FUND
VEHICLE AND EQUIPMENT FUND
Beginning Cash
$ 446,607 Public Safety Program:
Capital Outlay
Total Public Safety
$ 446.607
$ 446,607
.
Total Vehicle and Equipment Fund
$ 446.607 Total Vehicle and Equipment Fund
$ 446.607
DEVELOPMENT PROJECTS FUND
DEVELOPMENT PROJECTS FUND
Loan Repayment
ODOT Proceeds
$ 1,500 Community Development Program:
$ 22,512 Capital Projects
Total Community Development
$ 24.012
$ 24,012
Total Development Projects Fund
$ 24.012 Total Development Projects Fund
$ 24.012
Total Revenue
$ 1,305,069 Total Appropriation
$ 1,305,069
ADOPTED by the Common Council of the City of Springfield this 20th day of January, 1998.
Adopted by a vote of 5
for and
o
against.
t3/J/t~
Mayor
ATTEST:
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REVIEWED & APPROVED
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OFFICE OF CITY ATTORNEY