Ordinance 2669-02 - Laserfiche WebLink

2002 Budget Adjustments Tally Sheet Department Code Rev Exp FB NGA-12 CIP4 Amendment-'02 Debt Proceeds and Svc on$5 Million Notes 162A 2,000,000 60,000 1,940,000 Debt Service Amendment-'02 Debt Svc on$5 Million Variable Rate Notes 210A 60,000 60,000 - On January 7,2002,the City issued$5 million in variable rate notes that mature on December 31, 2003. The proceeds were divided between CIP 4($2,000,000)and Everett Station ($3,000,000)for capital expenditures. This amendment appropriates the funding necessary to make the monthly interest payments and recognize proceeds in CIP 4. No amendment is needed for Everett Station. Increase CIP 4 Transfers-out for Debt Service 162-5625248550 60,000 Decrease CIP 4 Ending Fund Balance 162-5620999490 60,000 Increase CIP 4 Ending Fund Balance 162-5620999490 2,000,000 Increase CIP 4 Revenues from Bond Proceeds 162-3917062001 2,000,000 Increase Debt Service Fund Interest Payments 210-5120248830 60,000 Increase Debt Service Fund Transfer-In 210-3970248000 60,000 Department Code Rev Exp FB NGA-13 CIP5 Amendment-To Fund Library Lift Project 162A42,000 (42,000) NGA-13 Property Mgmt Amendment-Library Lift Project 146A 42,000 42,000 - To provide funding and expenditure authorization for the repair of the handicapped lift at the main library. The Budget and Finance Committee authorized this project at its October 15,2002 meeting. Increase CIP 5 Transfers-Out 162-5707080550 42,000 Decrease CIP 5 Ending Fund Balance 162-5700999490 42,000 Increase Property Management Project Expenditures 146-5300000650 42,000 Increase Property Management Transfers-In from CIP 5 146-3970002170 42,000 Tally 2002 11/13/02 ATTACHMENT A