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2022 <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> NGA-9 CIP 3 Park and Street Projects 154A 22,500,000 (2,230,000) <br /> This amendment increases the CIP 3 expenditure budget for the following projects: <br /> $1,200,000 Thornton A.Sullivan Park Playground Replacement as approved by Ordinance 3884-22 <br /> $ 30,000 Thornton A.Sullivan Park Dome Roof Replacement(design)as approved by Ordinance 3885-22 <br /> $1,000,000 Silver Lake Trail as approved by Ordinance 3886-22 <br /> $ 300,000 for the Annual Street Overlay program <br /> Increase CIP 3 transfers out 154 5354010550 2,530,000 <br /> Decrease ending fund balance 154 5990000490 2,530,000 <br /> Department Code Rev Exp FB <br /> NGA-10 Reserve for Parks Lowell Riverfront Off Leash Dog Park 148A 83,534 (83,534) <br /> This amendment increases the Reserve for Parks budget by$83,534 to complete the 0.85 acre off-leash dog area at Lowell Riverfront <br /> Park. The project was originally scheduled to be completed in 2021,but was finished and opened to the public in June of 2022. The <br /> funds remaining at the end of 2021 were inadvertently left out of the reappropriations in budget amendment#1. This amendment <br /> corrects that oversight. <br /> Increase construction expenditures 148 5000000007650 83,534 <br /> Decrease ending fund balance 148 5990000000000 83,534 <br /> Department Code Rev Exp FB <br /> NGA-11 Self-Insurance Tort and Worker's Compensation 503A 558,331 2,987,555 (2,429,224) <br /> The City has had a couple of large settlements and an overall increase in worker's compensation claims. We are proposing an <br /> amendment of just under$3 million to cover those costs. The funding source is the self-insurance fund's fund balance. This will put <br /> the Tort Reserve under its target amount,so we will be working to restore its fund balance over the next couple of years. The <br /> Worker's Comp subfund has sufficient fund balance to accommodate this amendment. <br /> Increase Tort expenditures 503 5141030460 1,000,000 <br /> Decrease Tort ending fund balance 503 5980000141 1,000,000 <br /> Increase Workers'Comp expenditures 503 5100000270 1,987,555 <br /> Increase Claims Recovery-Non Gen Government 503 3694000400 558,331 <br /> Decrease Workers'Comp ending fund balance 503 5980000999 1,429,224 <br /> ATTACHMENT A <br /> Tally 2022 <br />