Full Text
General Fund ‐ 001 Resource Original Change Revised Requirement Original Change Revised 1 Beg. Fund Balance 13,450,490 13,450,490 Operating Expenses 21,640,040 21,640,040 2 Revenues 22,005,890 22,005,890 Transfers Out 1,962,600 1,360,000 3,322,600 Contingency & Reserves 11,853,740 (1,360,000) 10,493,740 Revised Total Fund Resources 35,456,380 Revised Total Fund Requirements 35,456,380 Comments: Inter‐agency Loan from City's General Fund to Purchase Young Street Property Urban Renewal Agency Fund ‐ 720 Resource Original Change Revised Requirement Original Change Revised 1 Beg. Fund Balance 683,130 683,130 Operating Expenses 676,680 1,360,000 2,036,680 2 Revenues 1,187,460 1,360,000 2,547,460 Debt Service 335,860 90,100 425,960 Transfers Out 0 ‐ Contingency & Reserves 858,050 (90,100) 767,950 Revised Total Fund Resources 3,230,590 Revised Total Fund Requirements 3,230,590 Comments: Inter‐agency Loan from City's General Fund to Purchase Young Street Property A public hearing on a proposed supplemental budget for the City of Woodburn, Marion County, State of Oregon, for the fiscal year July 1, 2024 to June 30, 2025 will be considered by the Woodburn Urban Renewal Agency during a specially scheduled meeting at the City of Woodburn City Hall, 270 Montgomery St Woodburn, Oregon 97071. The hearing will take place on October 28, 2024 at 6:30 pm. The purpose of the hearing is to discuss the supplemental budget item with interested persons. Prior to the public hearing, a copy of the supplemental budget document may be inspected or obtained on or after October 24, 2024 at the City of Woodburn, 270 Montgomery St Woodburn, Oregon 97071, between the hours of 9:00 am and 4:00 pm or on the City's website at www.ci.woodburn.or.us. The proposed supplemental budget will be considered by the Woodburn City Council during a regularly scheduled meeting at the City of Woodburn City Hall on October 28, 2024, beginning at 7:00 p.m. SUMMARY OF PROPOSED BUDGET CHANGES AMOUNTS SHOWN ARE REVISED TOTALS IN THOSE FUNDS BEING MODIFIED SUMMARY OF PROPOSED BUDGET CHANGES AMOUNTS SHOWN ARE REVISED TOTALS IN THOSE FUNDS BEING MODIFIED NOTICE