HomeMy WebLinkAboutResolution 4843 Budget Amendment for $114,000 General Fund Reserve Spending for FY18 r°a+CO.iao
COMMISSION RESOLUTION NO. 4843
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AMENDING THE CITY'S ANNUAL BUDGET TO INCLUDE ITEMS
TOTALLING$114,000 TO BE FUNDED WITH GENERAL FUND RESERVE DOLLARS
THAT EXCEED OUR MINIMUM RESERVE REQUIREMENTS FOR THE FISCAL
YEAR ENDING JUNE 30,2018.
WHEREAS,the City Commission did, on the 111h day of September,2017, after due and
proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2017-
2018 (Fiscal Year 2018); and
WHEREAS, the City has now received Certified Taxable Values from the State of
Montana that allow for the imposition of tax revenues exceeding the amounts in the adopted
budget; and
WHEREAS, the City Commission did, on the llth day of September, 2017, after due
and proper legal notice, conduct a public hearing on proposed amending the municipal budget.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, to wit:
Section 1 —Appropriation Additions
The City Commission of the City of Bozeman, Montana, does hereby authorize
additional expenditures in the General Fund:
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Resolution 4843, Budget Amendment for Items to be Funded i-vith Revenues that Exceed our Minimum General Fund Reserve
Streamline $64,000
1.0 FTE Parks Maintenance Worker $50,000
Total Additional Appropriations $114,000
Section 2—Use of General Fund Cash on Hand
The increased appropriation will be funded with cash on hand in the General Fund that
exceeds our required minimum reserve level.
Section 3
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full
force and effect on July 1, 2016.
Section 4
That should it be found by any court of competent jurisdiction that any section, clause,
portion, sentence, word, or phrase of this resolution is deemed to be contrary to any existing law
or regulations,that in this instance,it is the intent of the City Commission of the City of Bozeman,
Montana,that all other portions, sections,words, clauses,phrases, or paragraphs of this document
shall remain in full force and effect.
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman,Montana, at a regular session thereof held on the 1 lth day of September,2017.
CARSON TAYLOR
Mayor
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Resolution 4843,Budget Amendment for Items tp�e'Fz3hdecdWith Revenues that Exceed our Minimum General Fund Reserve
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ATTEST:
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ROBIN CROUGH '. 1100-)
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City Clerkr1p�
APPROVED AS TO FORM:
KARENSTAMBOUGH
Assistant City Attorney
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