FIN-1.11 - FY 2005-06 FALL SUPPLEMENTAL BUDGET
Binding City Policy
The Council finds:
1. As defined by ORS 294.480, conditions exist that require the City of
Portland to prepare a supplemental budget. The Budget Officer of the City of
Portland submitted a supplemental budget in the amount of $14,578,611 to the
Multnomah County Tax Supervising and Conservation Commission (TSCC) on November
2. The TSCC held a public hearing on November 29, 2005 and subsequently
certified the supplemental budget.
3. Pursuant to certification by the TSCC, the City of Portland’s Fall FY
2005-06 supplemental budget should be adopted by the City Council, the resources
and requirements of the various funds should be amended, and the specified
appropriations should be made in accordance with the attached exhibits to
implement the proposed projects and activities.
NOW, THEREFORE, the Council directs:
a. The supplemental budget, as certified by the Multnomah County Tax
Supervising and Conservation Commission, is hereby adopted.
b. The actions amending the FY 2005-06 budget contained in this ordinance are
binding City policy.
c. Appropriations, resources and requirements by fund are hereby amended in
accordance with Exhibits 1-5 as attached.
Ordinance No. 179791 passed by Council and effective November 30,