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136 of 1986 - General Fund Budget for Fiscal Year 1986-87 R 86-1 B 86-11 RESOLUTION NO. 136 OF 1986 A RESOLUTION AMENDING THE GENERAL FUND BUDGET OF SALT LAKE CITY, UTAH, FOR THE FISCAL YEAR BEGINNING JULY 1, 1986 AND ENDING JUNE 30, 1987 WHEREAS, on June 10, 1986, the Salt Lake City Council adopted a resolution approving a general fund budget of Salt Lake City, Utah for the fiscal year beginning July 1 , 1986 and ending June 30, 1987, in accordance with the requirements of Section 118 of Chapter 6, Title 10, Utah Code Annotated , 1953 as amended; and that said Resolution was approved by the Mayor of Salt Lake City, Utah ; and WHEREAS, on August 7, 1986, the Salt Lake City Council adopted a resolution approving the final general fund budget of Salt Lake City , Utah, for the fiscal year beginning July 1 , 1986 and ending June 30, 1987 and said Resolution was approved by the Mayor of Salt Lake City , Utah, in accordance with Section 1214 of Chapter 3, Title 10, Utah Code Annotated 1953 as amended; and WHEREAS, the budget officer of Salt Lake City , Utah has prepared and filed with the City Recorder proposed amendments to said duly adopted budget for consideration by the City Council and inspection by the public ; and WHEREAS, the City Council fixed a time and place of a public hearing to be held on November 4, 1986 to consider the proposed amendment to the budget and ordered notice thereof be published as required by law; and f WHEREAS, notice of said public hearing to consider the amendment to said budget was duly published; and WHEREAS, a public hearing to consider the amendment to said budget was held on November 4, 1986 in accordance with said notice at which hearing all interested parties were heard for and against the budget amendment proposals ; and WHEREAS, all conditions precedent to the amendment of said budget have been accomplished . NOW , THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City, Utah, as follows : 1 . The budget amendments attached hereto and made a part of this Resolution be , and the same hereby are adopted and incorporated in the budget of Salt Lake City , Utah, for the fiscal year beginning July 1 , 1986 and ending June 30, 1987, in accordance with requirements of Section 128 of Chapter 6, Title 10, Utah Code Annotated , 1953, as amended . 2 . The Director of Finance, acting as Budget Officer, is hereby authorized and directed to certify and file a copy of said budget amendments with the State Auditor. 3. The said Budget Officer is hereby authorized and directed to certify and file a copy of said budget amendments in the office of said Budget Officer and in the office of the City Recorder, which budgets shall be available for public inspection. -2- t. Passed by the City Council of Salt Lake City, Utah, this 4th day of November , 1986. SALT LAKE CITY COUNCIL By CHAI F44AN ATTEST: C Tr RDER r oved by the Mayor this 4th day of November 1986. MAYOR ATTEST: C*1REER APPR d S TO F cc132 ATE -3- Fiscal Year 1986-87 Adopted Budget Amendment Number 1 November 4 , 1986 C -tb A". f G .G ate - a� Novembery4, 1986v " ----------------------------------------------------------------------------------------------------------------------------------------------^^---------------------------------- _page I of 2 I---------------------------------------MAJOR FUND CLASSIFICATIONS------------------------------- INTERNAL CAPITAL DEBT SOURCE EXPLANATION AGENCY/ GENERAL ENTERPRISE SERVICE IMPROVEMENT GRANT TRUST SERVICE PROJECT OR DEPARTMENT OF OF DEPARTMENT FUND FUNDS FUNDS FUND FUNDS FUNDS FUND FUND CLASS TOTALS FUNDS AMENDMENT REQUEST ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Public Works/03 16.000 Artspace Dock Private To appropriate new grant funds Donation for the Artspace Dock Improvements Project. 3,846 Westside Sr. Salt Lake To appropriate new funds from Citizen Center County SLCounty for tree land- scaping. 88.700 California Ave Class 'C' To appropriate Class 'C' Interest interest accruals. 17,500 Odyssey House County To appropriate new grant funds Rehab.111tation COBB for the Odyssey House Rehabilitation Project. 30,000 i S.L./Jordan County To appropriate new grant funds Canal Covrng. COBB for the Salt Lake/Jordan < Canal Covering Project. 156,046 Development Services/06 107,000 Rental Rehab. Federal To appropriate new grant funds program HUD for the 1986-87 Rental Rehabilitation Program. 75,500 Dist. Heating/ Federal To appropriate new grant funds Cooling Study O.O.Energy for a District Heating and Cooling Project Study. 12,000 Transient State To appropriate new grant funds Shelter OCEO for Travelers Aid Transient Shelter Support Project. Y40 PAW t ` 'mad �C4oBAti� e sou�t�..trogranwend�vn e A.laAaw*.J•.ie.reMw-Qks _ K'GDAii"P+'oS+"anraeimnMmtnt. `•� 4,000 HORP CDBG To appropriate Program Incase Program Inc. received from the State for the Housing Outreach Rental Program. Mayor/08 852,000 Emp.eenefit/ 19$1500 Fund To appropriate Fund Balance of Self-Insurance Balance the Life insurance trust Fund _,_ fund to refund for excess premiums received above actual usage. 852,000 Fire/12 29,626 Capital Outlay General To transfer appropriated funds Fund for repairs needed on Contingency existing fire stations. Funding for this was 1n the 1985-86 budget, but due to unavoidable delays In the engineering phase the funds lapsed at year-end. 1,435 Emergency State To appropriate new grant funds Suction Units Health Dept. for purchase of emergency suction units. 0 1 ------------ --- _--__-__-__---------'__-- ------------------------------- -page 1 ut __________ -MAJOR FUND CLASSIFICATIONS INTERNAL CAPITAL DEBT SOURCE EXPLANATION AGENCY/ GENERAL ENTERPRISE SERVICE IMPROVEMENT GRANT TRUST SERVICE PROJECT OR DEPARTMENT OF OF DEPARTMENT FUND FUNDS FUNDS FUND FUNDS FUNDS FUND FUND CLASS TOTALS FUNDS AMENDMENT REQUEST C _________________________________________________________________________________'--.....................----...........---......_...---................_.............------'----------"-------- Fire/12 (Cont') +�886 D GaF460 QeiTay a i r Non-Departmental *24840 D�►wi4pwaAk 3/ WmW ve e., a sk Revoinp ik 6 1 es /09 r 2 Services PH. fire Department Contin0ency Transfer to Fire Department +tfl2;�EE for Capital Outlay purchase Public Utilities 4,800,60D s 291 G2 b Carryover/New Grants/Fund To appropriate funds for the /51,52 Projects 8alance/Bond completion of and new Proceeds construction of Capital projects. 4,800,600 Totals 4d6 —601286 661846---:48T60 ;P1-7T866--�+ .. ........ . ..... ......... ......... . ......... ..... ........ ......... SALT LAKE CITY CORPORATION BUDGETED RESOURCES BY FUND • AND BUDGETED USES BY DEPARTMENT 1986-87 1986-87 1986-87 COUNCIL ADMINISTRATIVE AMENDED BUDGET ADJUSTMENTS ADJUSTMENTS BUDGET ------------ ------------ ------------- ------------ RESOURCES General Fund $80,728,763 $1,435 $80,730,198 Government Immunity Fund 351,195 351,195 Capital Projects Fund 8,526,000 156,046 8,682,046 Special Assessments Fund 1,357,832 1,357,832 Airport Authority Fund 41,873,500 41,873,500 Water Utility Fund 19,530,500 4,800,600 24,331,100 Water Reclamation Fund 23,650,007 23,650,007 Golf Course Fund 2,549,569 2,549,569 Park, Recreation & Development 125,000 125,000 Fleet Management Fund 8,648,702 8,648,702 Data Processing Fund 3,377,871 3,377,871 Employee Benefit Self-Insurance Fund 6,104,829 852,000 6,956,829 Debt Service Fund 3,000,000 3,000,000 Community Development Block Grant Operating Fund 2,061,600 4,000 2,065,600 Central Business Improvement District Fund 115,000 115,000 Historic Preservation Fund Community Fire Prevention Tracy Aviary 15,000 15,000 Misc. Grants 57,000 194,500 251,500 Fire Dispatch Fund 649,702 -&ru6 �,,r/'0z'668;98� ------ ------ --- �f,3p TOTAL RESOURCES $202,722,070 $6,017,866 $208,,713 ',936� ssasev=saaaa aasaaaaa.a aassanaas=aa i DEPARTMENT USES --------------- City Council $504,543 $504,543 Mayor 8,598,837 852,000 9,450,837 City Attorney 1,185,007 1,185,007 Finance 9,174,307 9,174,307 Administrative Services 15,436,015 15,436,015 Fire 15,586,149 qgjua 31�0b1 &15i417�2o Police 20,799,467 20,799,467 Development Services 4,871,212 2,049 1W,5b0 Parks 8,779,221 8,779,221 Airport 41,873,500 41,873,500 Public Works 25,184,769 156,046 25,340,815 Public Utilities 43,180,507 4,800,600 47,981,107 Non Departmental - 7,548,536 •w& 466 —Zqi`7.4 7,57$19/C ------------ ---------- -----gy p-' E,5! TOTAL USES $202,722,070 $6,U;,666 6,aafs .591 $208,M,936 saassssssaas saaaaaasas saasaasssass GENERAL FUND BUDGET SUMMARY 1986-87 1986-87 1986-67 COUNCIL AMENDED BUDGET ADJUSTMENTS BUDGET _______-- _________ RESOURCES Revenue y Taxes Property Taxes f24,5D3,I60 324,503,460 Sa 1ez A use Taxez 21,111,N1 21,111,141 Franchise Taxes 14.591,000 14.591,000 ___------- ___________ Total Taxes 6D,2D5,9D1 60,205,901 - Other Current Aerenue Licenses 2,058,622 2,058,622 Permits 1,961,163 1,961,167 Fines d Fo rfeftures 3,028.000 3,028,000 lnlerest 2,69D,OOD 2.690,000 Charges for Services 1,517,279 1,517,2709 Federal Revenue Snaring 793,715 793.705 State Beer7Liguor Profit Tax 180,000 480,000 intergovernmental Revenue 1,180,540 1,135 1,181,975 i Parking Meier Coll actions 1,010,000 1,010,000 Interfund Reimbursement 4,055,553 4,055,553 r Other Revenue 98,00B 98,ODO ___------- ---------- ___________ Total Other Current Revenue 18,872.862 1,435 18,074,297 Omer Sources -------------- Bond Proceeds Transfers in from otner funds: Self insurance Fund 43D,ODO A30,000 SID Guarantee Fund 870,000 8TO 000 CIF Fund 350,00c 350.000 Fund Balance - ___________ ___________ ___________ Total Other Sources 1.650.000 1.65""' ___________ ___________ ___________ TOTAL RESOURCES $80.721.713 $1.435 f80,730,198 ........... ........... ........... USES Expenditures City Council f504,543 f504,543 Mayor 1,654,556 1,654,556 City Attorney 1,065,264 1,D65,264 Finance A Admin,Services Finance 6.174.307 6,174,307 Administrative Services 3:409,442 31 abl 3,409,442 Fire 14879,447 relit fMy910f50$ Police 20,723,467 20,723,467 Development Services z,9ss,z6r .ara4a4w 44mrw 2F953yZ47 Parks 5,154,112 5,154,652 Public Works 17,407,937 17.407,937 6 Non Departmental - 894,121 �lYiriib. 4fl;d9T ab yy VeS ___________ ___________ Total Expenditures $74,823,003 $1.435 $74,824.438 OTHER USES Certificate Reserve Account APproprtatton to Fund Balance 500,000 500,000 Transfer to SID Fund 115.760 115,760 Transfer to CIP Fund 5,290,000 5,290.000 ---___----- ___________ Total Other Uses 5,905,76D 5,905,76D ___________ ___________ TOTAL USES $80,728.763 $1.435 $80,730,198 COMMUNITY DEVELOPMENT BLOCK GRANT OPERATING FUND BUDGET SUMMARY 1986-87 1986-87 1986-87 OPERATING FUND COUNCIL ADMINISTRATIVE AMENDED RESOURCES BUDGET ADJUSTMENTS ADJUSTMENTS BUDGET --------------- ------------- ------------- ----------- 1986 (12th Year) Entitlement $2,061,600 $2,061,600 Program Income 4.000 4,000 TOTAL RESOURCES $2.061.600 $4,000 $2,065,600 .......... .......... .......... PROJECTS DEVELOPMENT SERVICES Capital Program and Planning: Assist Inc./Emergency Home Repair 192,500 19 , 00 NHS Housing Revolving Loan Fund 90,000 90,000 Relocation Fund 3,000 3,000 Shelter for the Homeless 21,000 21,000 Emergency,Housing 10.500 10,500 Westside Emergency Food Pantry 21.700 21.700 Housing Outreach Rental Program 22,500 4.000 26,500 Percent for Art Allocation 4.000 4,000 Administration/Planning 441,228 441,228 Guadalupe Center Improvements 77.517 77.517 .......... .......... -------- Total Capital Program and Planning 883.945 4.000 887,945 Redevelopment Agency: Housing Rehabilitation 824,000 824,000 Total Redevelopment Agency 824.000 824,000 Building and Housing Services: Operation Paintbrush 39,000 39,000 Voluntary Code Enforcement 54.000 54.000 s ` Total Building and Housing Services 93,000 93.000 1 Total Development Services 1,800.945 1,804.945 POLICE Crime Prevention 76,000 16,000 ---------- ---------- -------- Total Finance 76.000 76.000 . NON-DEPARTMENTAL Community Development Operating Contingency 184,655 184,655 Total Contingency 184,655 184,655 ' TOTAL ALL PROJECTS $2,061,600 $4,000 $2.065,600 '.'. • _ _ - - -_-- _CAPITAL PROJECTS FUND BUDGET SUMMARY 1986M7 1986-87 1986-87 COUNCIL ADMINISTRATIVE AMENDED REVENUE BUDGET ADJUSTMENTS ADJUSTMENTS BUDGET Community Development Black Grant ICOBG) i1.U6,000 wMia7,500 i1,153,500 DOOT and federal Kighway Admire, 1,000.000 1.000.000 RISC. state Grants 340.000 88.700 428.700 Salt Late Cooaty $50.000 3.846 653,/46 MISC. Private/inter-Agency/federal Grants 110.000 16.000 126.000 Transtar-ln From".oral Food 5,290.000 5,290,000 TOTAL RESOURCES •i8,S26,000 Mi1S6,0/6 $8.682.046 PROJECT EXPENDITURES PUBLIC VTRRS DE►ARTMENTt Street tyrovementst Sidewalk,Cars 6 Gvtt.rt S10 i52s,B00 $S25,000 Sid.wolt,Corb 6 Cutter her9eay Rapaln 100.000 100,OOo Low Income SID Abatements 2S,000 25.900 Lltlgated Sidewalk Repair 75.000 IS.B00 Traffic Safety Mgt. lope, 170.000 170.coo 900 V. 900-2100 S. 1,000.000 1.000.000 Railroad Safety Project 250.000 250.000 East Can tral St. Design 11 11,000 II,000 Goadalope Block Redesign as.o00 85.000 V. Capitol Kill St.Des10m 4,000 4,000 Eoclid Area Streets 376,000 376.000 V.stsid.Black Redesign 6.800 6,000 Calif.-Is Arena.Deal"- • 1300 S. Redwood-Pioneer/85 300,900 $88,700 388,700 Indiana Areno.Constractlont $50 S.Redwood-Pioneer 240.000 1 240.m 4800 V.and 1-80 lnt.rchange 47,000 l 47.000 N.ndicapped Access Ray s0.000 6 50.000 900 S. Street 6 oral.". 72.000 72.BOU 7200 Vest 1-80 InteroMn9e 200.000 200.0BB 900 Vest Oeslgn K. Teyl. 20.000 20.000 MV Wad Major Street Design I05,000 105.000 Total Street tyre-.ts 3,661,D00 31749.700 Drainage tyrorementst Sherwood or, Storm Oni■ 225.000 225.000 Terrace Mills Oral. 90.000 90.000 Gat.wy Storm Ord. 630,000 630.m Mitigation of Proble•SPrings 30.000 30,000 Mitigation of Problem Springs 85-86 50.000 50.000 NV goad Master Plan Droloaq.Desiq. 40.000 40,000 Salt Lake/Jordan Canal Cover 0 30,000 30.000 Total Oralnage tyrnements 1,065,000 1,095,000 Pvblic Buildings and Other Facilltiest Fin Station 19 Constnctlon 900,000 "O.000 East Side Patrol Statloo oeslen 50.000 50.000 City/Cownty Landfill Madvles 650,000 650,000 Odyssey Moose Rehab,Project ,.__ 0 .. .17,500 -_ 17,500 Vestside Senior Citizen Cent 0 3,846 3.846 ---- Artspoce Dock Improvements Project 0 16,000 16,04DO Total Public BTdq,A Other Fac, 1,600,000 1,637,346 Total Pobllc Verks $6,326,000 $6,482.046 PARKS DEPARTMENTi } Jordan Part Peel 300.000 ) 700,000 Vertu Springs Development 100.000 \ 100.000 Tracy Aviary Improvements 150.000 150.000 Rirenid.Part/85 100.000 100.000 Laird Part/85 s0,000 50.000 Sports Compl.s/8s 110.000 110.m Hanson Noll no Desion/85 20.000 20.000 nth Are Stairs/85 55.000 55.000 Canal Gree0e1t/85 80.000 $0.000 Miller part/85 $0.000 $0.000 Total Parts wry 1,045,000 M --� 1,045,000 FIRE DEPARTMENTS Fire Station/Roof R.paln (Tarlevs3 73.000 73.000 Total Fire -��- 73.000 ----�- 73.000 MATM11 ~- City/[army Bldg.N*h b. 500.000 $00.000 City Relocatlem Bldg. Rehab, 108.000 108.000 Total Mayor ---- 608,000 --� 608.000 ADMINISTRATIVE SERVICES: A.i.al Control Reef Repair 20.000 20.000 Total Admire. Services ...mow 20,000 MM - 20,000 ADMINISTRATIVE FEES 160.000 160.000 Total Admire. Fees 16D.We M--M� 160.000 MCN-DEPARTMENTALt Contingency 294.000 294,000 Total Nan-o.Partmental M... 294.000 M 294.000 TOTAL USES 18.526,000 I156.046 $8,692.046 WATER UTILITY ENTERPRISE FUND BUDGET SUMMARY 1986-87 1986-87 1986-87 COUNCIL _ AMENDED BUDGET ADJUSTMENTS BUDGET ____________ ____________ ____________ RESOURCES Revenues Sales E char,:: for Sery is 13,420,000 13.420,000 Sales 6 Cha r,ez for Services-Rate Increase 2,705 000 2,705,000 Interest Income 750:000 750,000 Other Revenue 900,000 900,000 Total Revenues 17,775,000 17,775,000 ___________ ___________ Other Sources Grants 8 Other Related Revenue 315:100 300,000 665,000 Appropriation From Surplus 687 000 615,600 1,302,600 Transfer from Reservoir 6 Supply Line Fees 703,500 703,5D0 Bond Proceeds 3,885,000 3,885,000 ____ ___ __ _______ ___________ Total Other Sources 1,755,500 4,800,600 6,556.100 ___________ ___________ ___________ TOTAL RESOURCES 19530,500 4,800,600 24,331,100 ...:....... ........... ........... USES Expenditures ___________ Cost of Sales 6 Service: Water Supply 1,125,485 1,125,485 Water Power a Pumping 1,422,816 1:422,816 Water Treatment 2,639,868 2,639,868 Water 0 stribution 3,538,039 3,538,039 Water Support Services 1,578,765 1,578,765 ___________ _______---- Total Sales 6 Service 10,304,973 10,304,973 ___________ ----------- Genera I a Aim inistrative: Water Customer Service 1,716,731 1,716,731 Administrative 8 General 1,371,565 1,371,565 Total General 6 Administrative 3,088,296 3,088,296 ___________ ___________ Capital Expenditures 3,317,231 5,250.600 8.567,831 Debt Service 2,820,000 -450,000 2,370,DOD ___________ ___________ ___________ Total Capital Expenditures L Debt Service 6,137,231 4,800,600 10,937,831 Total Expenditures 19,530,500 4,800,600 2q,331,100 Reserve For Improvements 0 0 ________________________ ----------- ___________ ___._______ TOTAL USES 19,530.500 4,800,600 24,331.100 ........... ........... ........... MISCELLANEOUS GRANTS TRUST AND AGENCY FUND BUDGET SUMMARY 1986-87 1986-87 1986-87 COUNCIL AMENDED BUDGET ADJUSTED BUDGET --------- --------- --------- RESOURCES State EMS Grant $25,000 $25,000 County EMS Grant 32,000 32,000 Federal HUD Grant 107,000 107,000 Federal Opt. Of Energy Grant 75,500 75,500 State DCED Grant 12,000 12,000 ------- -------- ------- TOTAL RESOURCES $57,000 $194,500 $251,500 USES Charges & Services 57,000 194,500 251,500 ------- -------- -------- TOTAL USES $57,000 $194,500 $251,500 f CENTRAL FIRE DISPATCH INTERNAL SERVICE FUND BUDGET SUMMARY 1986-87 1986-87 1986-87 COUNCIL AMENDED BUDGET ADJUSTMENTS BUDGET ----- ----------- --------- RESOURCES Revenues Dispatch Contract Fees $649,702 $649,702 -------- -------- Other Sources ------------- Fund Balance -vim.- - -9,280-' -------- -------- TOTAL RESOURCES $649,702 $ 4+1 e5' #6fr8;98T t'19,'7D2- USES Expenditures ------------ Personal Services $519,270 $519,270 Operating & Maintenance 5,046 5,046 Charges & Services 25,386 25,386 Capital Expenditures ems -------- -------- Total Expenditures - 549,702 - - 85"" -5'38198, ��g�7v• Other Uses Transfer to CIP Fund 100,000 100,000 Total Other Uses $100,000 $100,000 -------- -------- -------- TOTAL USES $649,702 &5-- '# ', SJ" (, qq,71) ==zzzazz zzzz==zz zzzz=z=z EMPLOYEE BENEFIT SELF-INSURANCE INTERNAL SERVICE FUND BUDGET SUMMARY 1986-87 1986-87 1986-87 COUNCIL AMENDED BUDGET ADJUSTMENTS BUDGET ---------- ----------- ---------- RESOURCES Revenues i Premium Charges 5,713,162 5,713,162 Interest 106,612 106,612 ---------- ---------- Total Revenues 5,819,774 5,819,774 Other Sources ------------- Fund Balance 285,055 852,000 1,137,055 ----------- ----------- ----------- Total Other Sources 285,055 852,000 1,137,055 ---------- ---------- ---------- TOTAL RESOURCES $6,104,829 $852,000 $6,956,829 USES Expenditures ------------ Personal Services 174,470 174,470 Operating & Maintenance supplies 12,119 12,119 Charges & Services 5,485,639 652,000 6,137,639 Capital Expenditures 2,601 2,601 ---------- ---------- ---------- Total Expenditures 5,674,829 652,000 6,326,829 Other Uses Fund Balance Transfer to Other Funds 200,000 200,000 Transfer to General Fund 430,000 430,000 ---------- ---------- ---------- Total Other Uses 430,000 200,000 630,000 ---------- ---------- ---------- TOTAL USES $6,104,829 $852,000 $6,956,829 eeamea==na aa=ee=Zaaa a�aeaea==Z FULL-TIME POSITIONS BUDGET SUMMARY 1986-87 1986-87 1986-87 COUNCIL AMENDED DEPARTMENTS BUDGET ADJUSTMENTS BUDGET ----------- ------- ----------- ------- ATTORNEY'S OFFICE 19.00 19.00 CITY COUNCIL 12.00 12.00 DEVELOPMENT SERVICES 68.00 :69� FINANCE 60.00 60.00 ADMIN. SERV. 47.00 47.00 FIRE 355.00 355.00 MAYOR'S OFFICE 36.00 36.00 PARKS AND RECREATION 82.38 82.38 POLICE 456.00 456.00 PUBLIC WORKS 254.00 254.00 ---------- ---------- ---------- SUBTOTAL 1,389.38 �:-00- ,492- ;e 1-3� -------- ,3$ 9- -_- ---------- AIRPORT AUTHORITY 210.00 210.00 GOLF 19.62 19.62 PUBLIC UTILITIES 357.00 357.00 DATA PROCESSING 36.00 36.00 FLEET MANAGEMENT 57.00 57.00 RISK MANAGEMENT 6.00 6.00 SUBTOTAL 685.62 685.62 TOTAL POSITIONS 2,075.00 Fiscal Year 1986-87 Carryover Budget Amendment Number 1 November 4 , 1986 AMENDMENTS TO PRIOR YEAR APPROPRIATED CAPITAL IMPROVEMENT, _ AND CDBG OPERATING FUND PROJECTS Current Council Amended Project Name Budget Adjustment Budget Source of Funds ------------ ------- ---------- ------- --------------- Capital Improvement Fund ------------------------ Artspace Dock Improvements (FY-86) 0 100,000 100,000 Transfer from CDBG Operating Fund. Isaac Chase Mill 67,280 2,096 69,376 Transfer from CDBG Operating (9th year) Fund. CDBG CIP Slippage (11th Year) 44,806 —20,000 24,806 Transfer to Artspace Dock. Discussion: The Artspace Dock project is being moved from the CDBG Operating Fund to the CIP Fund. The Operating Fund budget is $80,000. $20,000 additional funding is being transferred from the 11th year CDBG CIP Slippage account. The Isaac Chase Mill project needs additional funds to cover cost overruns, and will complete this project. Current Council Amended Project Name Budget Adjustment Budget Source of Funds ------------ ------- ---------- ------- --------------- CDBG Operating Fund ------------------- Artspace Dock Improvements (11th year) 80,000 —80,000 0 Transferred to the CIP Capital Hill Revolving Account (11th year) 8,635 973 9,608 Program Income CDBG Slippage (9th year) 2,096 —2,096 0 Discussion: Program income is from repayment of loans from the Capital Hill Revolving Program. CDBG Operaing Fund slippage balance to being transferred to the CIP Fund for the Isaac Chase Mill project.