HomeMy WebLinkAboutResolution 5212 Amending the City's Annual Budget to Make Changes to the Operating in the Revolving Loan Fund and General Fund Appropriations
RESOLUTION 5152
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AMENDING THE CITY’S ANNUAL BUDGET TO MAKE CHANGES TO
THE OPERATING IN THE REVOLVING LOAN FUND, AND GENERLA FUND
APPROPRIATIONS APPROVED JUNE 22, 2020. APPROPRIATIONS WILL BE
FUNDED BY FUND RESERVES.
WHEREAS, the City Commission did, on the 22nd day of June, 2020, after due and
proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2019-
2021 (Fiscal Year 2021); and
WHEREAS, the City Commission did, on the 22nd day of September, 2020, after due
and proper legal notice, conduct a public hearing on proposed amendments to 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 SID Revolving Loan Fund and the General Fund increasing
Appropriation by $6,373,946:
DocuSign Envelope ID: 6FBEF690-F409-4EBE-A0BB-459FCFD2E592
Section 2 – Use of Cash on Hand in the SID Revolving Loan Fund and General Fund
The increased appropriation will be funded with cash on hand in the SID Revolving
Loan Fund and the General Fund.
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, 2020.
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 22nd day of September, 2020.
___________________________________
CYNTHIA L. ANDRUS Mayor
Transfers in Transfers out
Fund 300 Revolving Loan Fund $3,186,973
Fund 010 General Fund $3,186,973 $3,186,973
Fund 310 SID Sinking Fund $3,186,973
$6,373,946 $6,373,946
DocuSign Envelope ID: 6FBEF690-F409-4EBE-A0BB-459FCFD2E592
ATTEST:
___________________________________ MIKE MAAS City Clerk
APPROVED AS TO FORM: ___________________________________
GREG SULLIVAN
City Attorney
DocuSign Envelope ID: 6FBEF690-F409-4EBE-A0BB-459FCFD2E592