Title
The following 2020 Budget adjustments were approved by the Mayor and Finance Director in accordance with Policy:
Community Development Block Grant Fund
Federal Grant +$ 679
Grant Payments +$ 679
to record additional CDBG grant funds received
Continuum of Care Grant Fund
State Aids +$ 6,746
Salaries +$ 6,746
to record additional State grant funds received
General Fund
Transfer Out - Capital Projects Fund +$439,320
Library Neighborhood Study +$100,000
Contribution to ARA Business Grant Program +$ 50,000
Fund Balance +$589,320
Information Technology Capital Projects Fund
Fund Balance +$439,320
Transfer In - Capital Projects Fund +$439,320
to record use of excess general fund balance (approved at October 21, 2020 Council) per policy