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1998 <br /> Budget Amendments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> 57 LID Guarantee NGA LID Guarantee Reserve Fund Balance 200A 1,256,571 (1,256,571) <br /> 57 CIP 4 NGA LID Guarantee Reserve Fund Balance 162A 1,256,571 1,256,571 <br /> Narrative: <br /> The LID Guarantee Fund 243 is required to carry a balance totalling 10%of the outstanding LID Receivable <br /> of the City. The current balance is$1,256,571 more than required. This amendment transfers the excess to <br /> Fund 162 CIP 4. <br /> Increase Fund 243 Operating Transfer Out 243-5970000550 1,256,571 <br /> Decrease Fund 243 Ending Fund Balance 243-5990000490 1,256,571 <br /> Increase Fund 162 Ending Fund Balance 162-5620999490 1,256,571 <br /> Increase Fund 162 Operating Transfer In 162-3971062243 1,256,571 <br /> Department Code Rev Exp FB <br /> 58 Fund 210 NGA Library Levy Lid Lift 200A 397,557 397,557 0 <br /> Narrative: <br /> Budget Amendment Tally Sheet#50 that was included in amending Ordinance 2309-98 incorrectly stated the <br /> impact of the transactions in Fund 210 as a$479,214 reduction of both Revenue and Ending Fund Balance. <br /> The actual impact was a$81,657 reduction of Revenue,and a$397,557 increase in expenditures. The <br /> impact on Ending Fund Balance was correctly stated. This amendment properly reflects the actual impact of <br /> the transactions. <br /> Increase Fund 210 Revenue 397,557 <br /> Increase Fund 210 Expense 397,557 <br /> 806_08_1 11/10/98 10:15 AM <br />