File #: 24-0356    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 3/22/2024 In control: Finance Committee
On agenda: 3/25/2024 Final action: 4/3/2024
Title: Request to approve the following 2023 Budget amendments: Community Development Block Grant Fund Federal Grants + $102,294 Grant Payments + $102,294 to record additional federal funds received in the Community Development Block Grant program (2/3 vote of Council required) Police Grants Fund Federal Grant + $ 63,232 Misc State Aids + $101,641 Misc Local Govt Aids + $ 29,977 Overtime Wages + $136,139 Training/Conferences + $ 22,479 Other Misc Supplies + $ 4,998 Protective Clothing + $ 4,760 Misc Equipment + $ 26,474 to record additional funds received for Police Grant programs (2/3 vote of Council required) Room Tax Administration Fund Room Taxes + $76,608 Other Contracts/Obligation + $76,608 to record additional room taxes received (2/3 vote of Council required) Wheel Tax Fund Wheel Tax + $29,821 Transfer Out - General Fund + $29,821 to record wheel taxes received (2/3 vote of Council required) Health COVID-19 ELC Gra...

Title

Request to approve the following 2023 Budget amendments:

 

Community Development Block Grant Fund

Federal Grants                                                                                    + $102,294

Grant Payments                                                                                    + $102,294

 

to record additional federal funds received in the Community Development Block Grant program (2/3 vote of Council required)

 

Police Grants Fund

Federal Grant                                                                                                                              + $  63,232

Misc State Aids                                                                                                         + $101,641

Misc Local Govt Aids                                                                                    + $  29,977

Overtime Wages                                                                                                         + $136,139

Training/Conferences                                                                                    + $  22,479

Other Misc Supplies                                                                                    + $    4,998

Protective Clothing                                                                                    + $    4,760

Misc Equipment                                                                                                         + $  26,474

 

to record additional funds received for Police Grant programs (2/3 vote of Council required)

 

Room Tax Administration Fund

Room Taxes                                                                                                                                                   + $76,608

Other Contracts/Obligation                                                               + $76,608

 

to record additional room taxes received (2/3 vote of Council required)

 

Wheel Tax Fund

Wheel Tax                                                                                                                                                                        + $29,821

Transfer Out - General Fund                                                               + $29,821

 

to record wheel taxes received (2/3 vote of Council required)

 

Health COVID-19 ELC Grant Fund

Health Grants                                                                                                         + $11,458

Salaries/Fringe                                                                                    + $11,458

 

to record additional COVID-19 ELC Grant funds received (2/3 vote of Council required)

 

Health COVID-19 PHEP Workforce Grant Fund

Health Grants                                                                                                         + $19,021

Salaries/Fringe                                                                                    + $19,021

 

to record additional COVID-19 PHEP Workforce Grant funds received (2/3 vote of Council required)

 

Debt Service Fund

Premium on Debt Issue                                                               + $41,862

Consulting Services                                                                                    + $41,862

 

to record additional expense related to the 2023 debt issue (2/3 vote of Council required)

 

TIF #12 Fund

Fund Balance Applied                                                                                                         + $60,323

Other Contracts/Obligations                                                               + $60,323

 

to record payment required by developer agreement (2/3 vote of Council required)

 

TIF #13 Fund

Sale of City Property                                                               + $28,364

Recording Fees                                                                                    + $  1,000

Salaries/Fringe                                                                                    + $26,864

Streets                                                                                                                                                   + $     500

 

to record expense for recording fees, salary and fringe costs, and infrastructure after creation of TID (2/3 vote of Council required)

 

General Fund

Salaries/Fringe Benefits-Human Resources    + $  41,797

Salaries/Fringe Benefits-Parks & Rec                      + $130,993

Wage Reserve                                                                                                                                                    -  $172,790

 

to allocate wage reserve funds (2/3 vote of Council required)