FY 2004-05 SPRING MINOR SUPPLEMENTAL BUDGET
Binding City Policy
The Council finds:
1. The City Council has received a memorandum from the Financial Planning
Division of OMF summarizing the recommendations and consequent budget
adjustments to be made during the FY 2004-05 Spring Budget Adjustment
2. The memorandum identified programs, projects, or activities that required
appropriation adjustment or transfer of appropriation within bureau budgets.
Also included were specific actions necessary to adjust various funds in order
to maintain the accuracy of the FY 2004-05 Budget.
3. Exhibit 1, prepared by the Financial Planning Division of OMF, identifies
the details of appropriation adjustments or transfers recommended and identified
in the memorandum mentioned above. This exhibit also includes budget adjustments
that must be made in the form of a Minor Supplemental Budget in accordance with
Local Budget Law, Oregon Revised Statutes 294.480.
4. Exhibit 2 includes all changes to the City appropriation schedule as a
result of the Spring Budget Adjustment Process and the Minor Supplemental
NOW THEREFORE, the Council directs:
a. The FY 2004-05 Budget is hereby amended and the FY 2004-05 Spring Minor
Supplemental Budget is adopted by adjusting certain resources and requirements
in various funds as detailed in Exhibit 1
b. The actions amending the FY 2004-05 budget contained in this ordinance are
binding City policy.
Ordinance No. 179376, passed and effective June 23, 2005.