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1999 try <br /> Budget Amendments <br /> Tally Sheet <br /> Department Code Rev Exp <br /> 23 Municipal Court GGR Reappropriation-Construction Projects 002R 8,500 <br /> 23 Municipal Court GGR Reappropriation-Construction Projects 005R 8,500 <br /> Narrative: <br /> This amendment will reappropriate Municipal Court's 1998 unexpended construction projects funding to the 1999 <br /> budget to finish minor improvements to the Court facility. <br /> Increase Construction Projects 005-5020000650 8,500 <br /> Increase General Fund Beginning Fund Balance 002-3080000000 8,500 <br /> Department Code Rev Exp <br /> 24 Insurance GGA Amendment- Insurance Premium Prepayment 009A 420,000 <br /> 24 Insurance NGA Amendment- Insurance Premium Prepayment 503A 420,000 420,000 <br /> Narrative: <br /> The City proposes to purchase its excess liability insurance on a three-year prepaid basis rather than the traditional <br /> one-year term. This plan provides lower premium costs and predictability as it locks in the premium amount over a <br /> three-year period. This budget amendment will transfer an additional$420,000 contribution from the General Fund, <br /> and appropriate the additional expenditure in Insurance Fund 503 to complete this transaction. Consideration of pre- <br /> paying insurance was determined based on an estimated savings of$111,000. <br /> Increase Non-departmental Fund 009 Insurance Contribution Expenditure 009-5000026960', 420,000 <br /> Decrease General Fund Ending Fund Balance 009-5980000490 420,000 <br /> Increase Insurance Fund 503 Premium Expenditure 503-5141040460 420,000 <br /> Increase Insurance Fund 503 Contribution from General Fund 503-3665000009 420,000 <br /> 82 <br /> Tally_1999.xls 4/26/1999 4:00 PM <br />