title
Approval of Supplemental Appropriations for Prior Year Encumbrances in the Following Amounts: General Fund - $1,207,255; Hotel/Motel Tax Fund - $1,839; PEG Programming Fund - $90,358; Josey Lane PID Administrative Fund - $1,703; Fire Control & Prevention Fund - $9,004; Utility Fund - $472,971; Maintenance & Replacement Fund - $409,482; Self-Insurance Risk Fund - $69,130; Tax Increment Reinvestment Zone 1 - $50,719; LPLDC (4B) Fund - $142,955 and for Donation Projects in the Following Amount - Fire and Police Training Fund - $32,710.
request
ADMINISTRATIVE COMMENTS:
Each year, a recommendation is made to appropriate funds for open purchase orders from the prior fiscal year. When items or services are ordered in a prior fiscal year but received in the current fiscal year, they are charged to the current year. Therefore, unless the current fiscal year appropriations are supplemented to provide for these charges, funds in the affected line item accounts will be short at year-end. In addition, supplemental appropriations are needed to increase the budget for donations received in excess of the anticipated donation amounts.
RECOMMENDATION:
That the City Council approve the supplemental appropriations as set forth in the caption above.