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The budgeted transfer was for $50,000, the monies available in the fund for transfer were
<br />$20,000.
<br />The last item results from the budget process when we adopted the 2009 budget. We
<br />changed some of the planned transfers on the expenditure side and missed the
<br />corresponding revenue side adjustments. They are as follows:
<br />Fund Dept Ty_pe Adopted
<br />EDA General Trans In $ 25,000
<br />Equip,Bldg Cap Trans In General Fund $ 50,000
<br />Equip,Bldg Cap Trans In Enterprise Funds $154,000
<br />The following is a summary of the adjustments in total.
<br />Budqet Adiustments - FY 2009
<br />Revenue
<br />Fund
<br />TCAAP
<br />Public Safety Cap
<br />EDA General
<br />Equip,Bldg Cap
<br />Equip,Bldg Cap
<br />Dept
<br />Type
<br />Trans In
<br />Trans In
<br />Trans In
<br />General Fund
<br />Enterprise Funds
<br />Amended Diff
<br />$ 15, 000 $ (10, 000)
<br />$ 40,000 $ (10,000)
<br />$ 132, 500 $ (21, 500 )
<br />Adopted Amended Diff
<br />$ - $ 123,696 $123,696
<br />50,000 20,000 (30,000)
<br />25,000 15,000 (10,000)
<br />50,000 40,000 (10,000)
<br />154,000 132,500 (21,500)
<br />Trans In
<br />Trans In
<br />Total Revenue Adjustments
<br />Expense
<br />Fund
<br />�eneral
<br />General
<br />General
<br />Community Sery
<br />$279,000 $ 331,196 $ 52,196
<br />Dept Type Adopted Amended Diff
<br />Admin Legal �ees $ 20,000 $ 8,796 $ (11,204)
<br />Planning Legal Fees 69,000 4,764 (64,236)
<br />Transfers Trans TCAAP - 123,696 123,696
<br />Trans to PS 50,000 20,000 (30,000)
<br />Total Expense Adjustments $139,000 $ 157,256 $ 18,256
<br />For Council's information, unaudited financials show that our General Fund balance
<br />decreased by $28,506 after all the TCAAP transactions have been booked. The General
<br />Fund balance would have increased by $95,191 had we not had the transfer out to the
<br />TCAAP Fund. Unaudited financial reports will be available by the next City Council
<br />meeting.
<br />Council Action
<br />Approve the proposed budget amendments for FY 2009 effective December 31, 2009 as
<br />presented.
<br />City Council Meeting
<br />\�1Vletro-inet.us\ardenhills�Admin\Council�Agendas & Packet Information\2010\7-12-10 Regular�I'acket
<br />Information\2009 Budget Adjustments.doc
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