Title
Request to approve the following 2019 Budget adjustments:
Community Development Block Grant Fund
Grant Payments +$45,000
Federal Grants +$45,000
to record additional grant proceeds and related expenditures (2/3 vote of Council required)
Emergency Housing and Homeless Grant Fund
Grant Payments +$38,253
State Grants +$24,012
Fund Balance - $14,241
to record additional grant proceeds and related expenditures (2/3 vote of Council required)
Police Grants Fund
Federal Grants +$ 447
State Grants +$38,825
Salaries +$38,059
Supplies +$ 684
Equipment +$ 529
to record additional grant proceeds and related expenditures (2/3 vote of Council required)
TIF 8 Capital Projects Fund
Other Contracts/Obligations +$77,100
Fund Balance - $77,100
to provide funding for developer payments in excess of budget (2/3 vote of Council required)
Information Technology Capital Projects Fund
Transfer Out - Facilities Capital Projects Fund +$115,216
Fund Balance +$115,216
Facilities Capital Projects Fund
Transfer In - Information Technology Capital Projects Fund +$115,216
Fund Balance +$115,216
to transfer remaining proceeds from the 2017 G.O. Note borrowing from the IT Capital Projects fund to the Facilities Capital Projects Fund in order to meet spend down requirements (2/3 vote of Council required)