passed ordinance

*Adopt the Supplemental Budget for the FY 2023-24 Over-expenditure process and make budget adjustments in various funds

budget finance
budget appropriation

Department: City Budget Office
Introduced by: Former Mayor Ted Wheeler
Status: Passed

Impact statement

Purpose & background

The Over-expenditure Ordinance is primarily intended to allow bureaus to make technical adjustments and other revisions to their current year budget. However, bureaus are also permitted to request General Fund Unrestricted Contingency resources to address exigent needs preventing over-expenditure in bureau funds.

Financial impacts

Approval of the exhibits to this ordinance reflect several individual budget changes in 33 funds, with a net total appropriation increase of $31,056,065. All changes are summarized in Exhibit 1.

Community impacts

The Over-Expenditure Ordinance happens late in the fiscal year and, in a short timeframe, addresses mostly technical issues. There is little to no time for community involvement other than the public hearing. Community impacts in the ordinance are minimal as they reflect changes to budgets to match anticipated actual spending in order to avoid overspending any given appropriation category.

▸ Full text (the legislation as adopted)

The City of Portland ordains: Section 1. The Council finds: Exhibit 1, attached, includes all incremental changes to the City appropriation schedule as a result of the "Over-Expenditure Ordinance" Supplemental Budget Process. A memorandum, attached as Exhibit 2a and 2b, identifies programs, projects, or activities that require appropriation adjustment or transfer of appropriation within bureau and fund budgets. Exhibit 3, attached, shows, for informational purposes, a reconciliation of changes to all funds. Exhibit 4, attached, shows, for informational purposes, all requests materially affecting the General Fund. Exhibit 5, attached, shows all position changes. NOW, THEREFORE, the Council directs: The FY 2023-24 Appropriation Schedule is hereby amended by adjusting appropriations for certain expenditures in various funds as indicated by the increases and decreases presented in Exhibit 1; explanation of these changes is provided in the memorandum attached as Exhibit 2. The number of authorized positions in the FY 2023-24 Revised Budget is hereby amended as presented in Exhibit 5. The actions amending the FY 2023-24 Revised Budget contained in this ordinance are binding City policy. Section 2. The Council declares that an emergency exists in order to have the appropriations in Exhibits 1-5 of this Ordinance as filed be enacted upon the unanimous passage of this Ordinance; therefore, this Ordinance shall be in full force and effect from and after its passage by the Council.

Tally

4 yea 0 nay 1 other