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2025/03/26 Council Agenda Packet
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2025/03/26 Council Agenda Packet
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Council Agenda Packet
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3/26/2025
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2025 <br />Budget Adjustments <br />Tally Sheet <br />Department Code Rev Exp FB <br />GGR‐4 Municipal Arts Municipal Arts Grants and Events Support 112R 68,434 68,434 <br />Increase beginning fund balance ‐ Municipal Arts 112 3080000100 68,434 <br />Increase M&O expenditures ‐ Municipal Arts 112 5102201494 42,879 <br />Increase M&O expenditures ‐ Municipal Arts 112 5102202410 15,555 <br />Increase M&O expenditures ‐ Municipal Arts 112 5103307494 10,000 <br />Department Code Rev Exp FB <br />GGR‐5 Library Library Purchases 110R 19,965 19,965 <br />Increase beginning fund balance ‐ Library 110 3080000000 19,965 <br />Increase small tools/equipment expenditures ‐ Library 110 5500000350 17,498 <br />Increase small tools/equipment expenditures ‐ Library 110 5600000350 1,125 <br />Increase professional service expenditures ‐ Library 110 5100000410 1,342 <br />Department Code Rev Exp FB <br />GGR‐6 Street Improvements Overlay and Street Projects 119R 499,239 499,239 <br />Increase beginning fund balance ‐ Street Improvement Fund 119 3080000000 499,239 <br />Increase M&O expenditures ‐ Street Improvement Fund 119 5524000953650 499,239 <br />This reappropriation proposes to carry forward $68,434 from the Municipal Arts 2024 budget. These funds were originally allocated for various programs and events. <br />Due to factors such as surplus revenue from successful staff fundraising and sales efforts, project delays, logistical challenges, and external circumstances, there are <br />unspent balances across multiple programs and events in 2024. The rollover of these funds is essential to ensure the intended initiatives can be completed effectively <br />and that the allocated resources are utilized optimally. The funds will be allocated as follows: <br />‐‐$42,879 for Visual Art Projects currently in progress, including art maintenance, utility box wraps, and downtown crosswalk murals. <br />‐‐$15,555 for 2024 grant‐supported projects that have not yet been completed. <br />‐‐$10,000 for miscellaneous events and projects such as Sorticulture, Wintertide, and the Creative District. <br />This reappropriation proposes to carry forward the remaining Street Improvement funds into the 2025 budget for upcoming street improvement projects. The source of <br />these funds is an allocated share of the motor vehicle fuel tax from Washington State and car tab fees. These funds are used forvarious initiatives, including arterial <br />street projects, sidewalk replacements, parking improvements, non‐motorized improvements, traffic signal projects, capital project grant matching funds, and the <br />overlay program. <br />This reappropriation will carry forward unspent funds from the Library's 2024 budget to the 2025 expenditure budget for items and services ordered in 2024 but not <br />paid until 2025. The funds will be allocated as follows: <br />‐‐$17,498 for furniture purchase <br />‐‐$1,125 for Envisionware <br />‐‐$1,342 for interpretation services
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