Title
Request to approve the following 2017 Budget adjustments:
Police Grants Fund
State Grants +$96,531
Grant Payments +$96,531
to record additional seatbelt and drug enforcement grant revenue and related expenditures
Room Tax Fund
Room Taxes Received +$123,654
Debt Premium +$123,654
to record additional room taxes received in 2017 and related payment to the FCCVB
Debt Service Fund
Debt Issuance Costs +$27,173
Debt Premium +$27,173
to record debt service costs funded by current year premiums received on debt issuance
General Fund
Fringe Benefits - Health Department +$3,418
Fringe Benefits - Finance Department +$10,664
Fringe Benefits - HR Department +$18,873
Fringe Benefits - Parks & Recreation Department +$18,932
Fringe Benefits - Police Department +$172,791
Fringe Benefits - Fire Department +$276,462
Fund Balance -$501,140
to record the use of general fund balance to cover the cost of health care costs
General Fund
Salaries/Fringe Benefits - HR Department +$2,845
Salaries/Fringe Benefits - Police Department +$181,824
Salaries/Fringe Benefits - Fire Department +$66,428
Wage Reserve - $251,097
to allocate wage reserve funds
Information Technology Capital Projects Fund
Transfer Out - Facilities Capital Projects Fund +$90,000
Fund Balance - $90,000
Facilities Capital Projects Fund
Transfer In - Information Technology Cap Project Fund +$90,000
Fund Balance +$90,000
to transfer remaining proceeds from the 2016 G.O. Note borrowing from the IT Capital Projects fund to the Facilities Capital Projects Fund in order to meet spend down requirements