Submitted By
Steven Drazner, Chief Financial Officer
Reviewed By
LKS
Agenda Item Title
Title
An Ordinance Amending the Fiscal Year 2016 Annual Budget.
End
Overview
Overview
New appropriations are recommended when a reasonable operational need exists but was not contemplated in the original budget document. The attached Ordinance contains budgets modifications which call for new funding as well as offsetting budget transfers from original adopted appropriations.
Body
Staff Recommendation
Adopt the Ordinance
Fiscal Impact
The attached Ordinance recommends total budget amendments totaling approximately $900,000 in the following Funds: General, CIP, and Water/Sewer.
The top five amendments include a re-appropriation from FY16 to cover the expense for the purchase of a new ambulance in FY17, funding for Oracle/PeopleSoft annual licensing renewals which was not budgeted in the current year, a correction of a typographical error in the Water Fund budget, an economic incentive for a local business, and an overtime adjustment for the Fire Department.
Background
The proposed amendments relate to a variety of specific changes. Detailed pages for each item are attached.
Alternatives
Additional information will be provided upon request.
Previous Board Action
This is the second quarterly budget amendment for the 2016 budget.
Citizen Advisory Commission Action
N/A.
Anticipated Future Actions/Commitments
N/A.
Intergovernmental Cooperation Opportunities
N/A.
Performance Management (MAP) Alignment
N/A.