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Ordinance 4022-24
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Ordinance 4022-24
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5/2/2024 11:28:10 AM
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5/2/2024 11:27:23 AM
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Ordinances
Ordinance Number
4022-24
Date
5/1/2024
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2024 <br />Budget Adjustments <br />Tally Sheet <br />Department Code Rev Exp FB <br />NGA‐11 CDBG CDBG City Projects 198A 750,000 750,000 <br />NGA‐11 CIP‐3CDBG City Projects 154A 125,000 125,000 <br />Increase grant revenues 198 3311421000 750,000 <br />Increase transfers out ‐ CIP‐3 198 5970002550 350,000 <br />Increase transfers out ‐ Everett Transit 198 5970001550 400,000 <br />Increase transfers in ‐ CIP‐3 154 3970000198 125,000 <br />Increase construction expenditures ‐ CIP‐3 154 5354010550 125,000 <br />This amendmentproposes to increase annual HUD Entitlement Grant Fund revenues and expenditures by $750,000 to reflect the funding <br />needed to support City projects (approved under Resolution Nos. 7879 and 7987); with $400,000 allocated to Transit for simme‐seat <br />installation at bus stops and $350,000 allocated to Parks for pedestrian pathway improvements at Walter E. Hall Park. Expenses for City <br />projects will be incurred within the department managing the project. Revenue to offset City expenses will pass through Fund 198 and <br />transferred to appropriate departments. All funding used must benefit low/moderate income persons. <br />Tally 2024 <br />ATTACHMENT A
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