Notice of Budget Committee Meeting and Supplemental Budget Hearing April 27,2023
NOTICE OF BUDGET COMMITTEE MEETING
A public meeting of the Budget Committee of the Port of Bandon, State of Oregon to discuss the budget for the fiscal year July 1, 2023, to June 30, 2024, will be held at the Sprague Room at the Bandon Public Library. The meeting will take place on April 27, 2023, at 5:00 pm. Join Zoom Meeting https://us02web.zoom.us/j/84760084103(link is external). Meeting ID: 847 6008 4103. One tap mobile +12532158782,,84760084103. Dial by your location +1 253 215 8782. Find your local number: https://us02web.zoom.us/u/kcl5g6BLmu(link is external). The purpose of the meeting is to receive the budget message and to receive comments from the public on the budget. This is a public meeting where deliberation of the Budget Committee will take place. Any person may attend the meeting and discuss the proposed program with the Budget Committee. A copy of the budget may be inspected or obtained on or after April 24, 2023, at The Port of Bandon Office, 390 First St SW, Bandon Oregon, between the hours of 10:00am and 2:00 pm. This notice is also posted on the Port of Bandon website at www.portofbandon.com.
Notice of Supplemental Budget Hearing
A public hearing on a proposed supplemental budget for the Port of Bandon, for the current fiscal year will be held at the Sprague Room at the Bandon Public Library. The hearing will take place on April 27, 2023, at 5:00 pm. Join Zoom Meeting https://us02web.zoom.us/j/84760084103(link is external). Meeting ID: 847 6008 4103. One tap mobile +12532158782,,84760084103. Dial by your location +1 253 215 8782. Find your local number: https://us02web.zoom.us/u/kcl5g6BLmu(link is external). The purpose of the meeting is to discuss the supplemental budget with interested persons. A copy of the supplemental budget document may be inspected or obtained on or after April 24, 2023, between the hours of 10:00 am and 2:00 pm.
Summary of Proposed Budget Changes
Amounts shown are revised totals in the Capital Projects Fund:
| Resource | Amount | Expenditure | Amount |
|---|---|---|---|
| State Grant | $650,000.00 | Capital Outlay, Docks | $650,000.00 |
| Revised Total Fund Resources | $4,672,026.00 | Revised Total Fund Requirement | $4,672,026.00 |
Explanation of Change
The Port of Bandon is receiving state grant funds in the amount of $650,000 into the Capital Projects Fund to purchase boarding floats for the Port boat launch. The unanticipated grant will increase budget appropriations by more than 10%.