Title
Request to approve the following 2020 Budget amendments:
Community Development Block Grant Fund
Federal Grant +$ 56,549
Grant Payments +$ 56,549
to record federal funds received for COVID-19 mitigation (2/3 vote of Council required)
Emergency Shelter Grant (ESG) Fund
State Aids +$100,636
Grant Payments +$ 94,740
Salaries +$ 4,200
Fringe Benefits +$ 1,696
to record State funds received for COVID-19 mitigation (2/3 vote of Council required)
Police Grants Fund
Federal Grant +$ 56,620
Miscellaneous Supplies +$ 56,620
to record State funds received for COVID-19 mitigation (2/3 vote of Council required)
Housing Rehabilitation Loan Fund
Federal Grant +$ 51,452
Project Repayments +$ 34,058
Grant Payments +$ 66,190
Salaries +$ 15,220
Fringe Benefits +$ 4,100
to record additional funds received in 2020 in the Housing Rehab Loan program (2/3 vote of Council required)
Police Grants Fund
Federal Grant +$ 2,739
State Aids +$100,651
Overtime Wages +$ 63,395
Miscellaneous Equipment +$ 33,995
Other Contracts/Obligations +$ 6,000
to record additional Police grant funds received in 2020 (2/3 vote of Council required)
Wheel Tax Fund
Wheel Tax Proceeds + $ 16,329
Transfer Out - General Fund +$ 16,329
to record Wheel Tax proceeds above budget amount (2/3 vote of Council required)
TIF 6 Capital Projects Fund
Other Contracts/Obligations +$ 72,967
Fund Balance +$ 72,967
to record additional cost of developer incentive payments (2/3 vote of Council required)
TIF 8 Capital Projects Fund
Other Contracts/Obligations +$ 47,445
Fund Balance +$ 47,445
to record additional cost of developer incentive payments (2/3 vote of Council required)
General Fund - Finance Department
Salaries +$ 6,675
Wage Reserve +$ 6,675
to record transfer of wage reserve funds (2/3 vote of Council required)
General Fund - Information Technology Department
Salaries +$ 7,730
Wage Reserve +$ 7,730
to record transfer of wage reserve funds (2/3 vote of Council required)