SPRING FY 2004-05 SUPPLEMENTAL BUDGET
Binding City Policy
BCP-FIN-1.08
PURPOSE
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 $33,332,577 to the
Multnomah County Tax Supervising and Conservation Commission (TSCC) on June 6,
2005.
2. The TSCC held a public hearing on June 16, 2005 and subsequently certified
the supplemental budget.
3. Pursuant to certification by the TSCC, the City of Portland’s Spring FY
2004-05 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.
POLICY
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 2004-05 budget contained in this ordinance are
binding City policy.
c. Appropriations, resources and requirements by fund are hereby amended in
accordance with
Exhibits 1-12 as attached.
HISTORY
Ordinance No. 179375 passed and effective June 23, 2005.
