FY 2008-09 FALL MAJOR SUPPLEMENTAL BUDGET
Binding City Policy
Section 1. The Council finds:
1. Conditions exist as defined by ORS 294.480 which require the City to prepare a major supplemental budget. In accordance with the provisions of ORS 294.480(6), the City submitted a proposed major supplemental budget to the Tax Supervising and Conservation Commission (TSCC) on October 23, 2008.
2. The TSCC held a public hearing on the proposed major supplemental budget on November 10, 2008.
3. The City's FY 2008-09 fall major supplemental budget must now be adopted by Council to become effective. In accordance with Attachments 1 and 2 to this ordinance, resources and requirements should be amended in two funds and appropriations should be made to implement the proposed projects and activities.
NOW, THEREFORE, the Council directs:
a. The FY 2008-09 fall major supplemental budget is hereby adopted.
a. FY 2008-09 appropriations, resources, and requirements are hereby amended in accordance with Attachments 1 and 2.
b. This ordinance is binding City policy.
Section 2. The Council declares that an emergency exists because amendments to appropriations, resources, and requirements must be implemented without delay; therefore, this ordinance shall be in full force and effect from and after its passage by the Council.
Emergency Ordinance No. 182324, passed by City Council and effective November 12, 2008.