City Council Meeting

Council will hold this meeting in-person and through video Live-Streaming on the City's Facebook Page and YouTube Channel.

Written comments may be delivered to City Hall or emailed to recorder@cityofmolalla.com. Emailed submissions must be received by 12:00 p.m. the day of the meeting. Council will take verbal comments.  

At this meeting, the budget for the fiscal year beginning July 1, 2024 as approved by the Molalla Budget Committee. A summary of the budget is presented below. A copy of the budget may be inspected or obtained at 117 N Molalla Avenue, Molalla, OR 97038, between the hours of 8:00 a.m. and 4:30 p.m. or online at www.cityofmolalla.com/finance. This  budget is for an annual budget period. This budget was prepared on a basis of accounting that is different than the preceding year.

The major change is that revenues are recorded when measurable and available and expenditures are recorded when a liability is incurred, regardless of the timing of related cash flows. This is the modified accrual basis of accounting which is required by the Governmental Accounting Standards Board (GASB) for financial reporting. The effect on the budget is that additional revenues that are received within 60 days after June 30 and expenditures for goods and services that are unpaid as of June 30 will be recorded directly into our software against the current year budget. This will apply to those revenues that are earned before June 30 and those expenditures that are incurred before June 30. This budget includes those anticipated additional revenues and expenditures.

Pamplin Media Link to Public Notice: https://publicnotices.pmgnews.com/public_notice_post/notice-of-budget-he...