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2016 <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> NGA-17 I MVD Amendment-Vehicle&Equip. Purchases 126A 229,000 I (229,000) <br /> This amendment increases the vehicle and equipment expenditure budget in Fund 126,MVD,for Parks department <br /> vehicle replacements,including a heavy-duty pick up truck,a small dump truck,and a chipper. <br /> Increase vehicle expenditures-Parks 126 5200101640 229,000 <br /> Decrease ending fund balance 126 5980000490 229,000 <br /> Department Code Rev Exp FB <br /> NGA-18 Self-Insurance Fund Amendment-Dental Benefits 508A 1,500,000 1,500,000 - <br /> The City converted its dental benefits from a fully insured program,to a self-insured program in 2016. As a result,actual <br /> dental claims are now paid from the Self-Insured Health Benefits Fund 508. Departmental budgets were allocated <br /> funding for dental benefits under the original budget,but the claims were not budgeted in Fund 508 pending actual <br /> experience. This budget amendment will provide the budget authority in Fund 508 necessary to fund the dental claims. <br /> Increase dental claim expenditures 508 5170100240 1,500,000 <br /> Increase employer contributions 508 3695000100 1,500,000 <br /> Department Code Rev Exp FB <br /> NGA-19 CIP 4 Amendment-CIP 4 Projects 162A I 192,527 (192,527) <br /> This amendment increases the CIP 4 expenditure budget for the Downtown Everett Hotel Project as approved by <br /> Ordinance 3516-16. <br /> Increase CIP 4 transfers out 162 5625210550 192,527 <br /> Decrease ending fund balance 162 5620999490 192,527 <br /> Department Code Rev Exp FB <br /> NGA-20 Transit Amendment-Property Purchase 425A 2,000,000 (2,000,000) <br /> This amendment increases Transit's capital outlay for the purchase of property located at 3600 Smith <br /> Avenue as approved by Council at the June 29, 2016, Council meeting. The acquisition price was <br /> $4.0 million plus closing costs. Transit's original 2016 budget had capital outlay funding of just over <br /> $2.0 million; therefore, an additional $2.0 million is needed to fund this purchase. <br /> Increase capital outlay budget 425 5135010000610 2,000,000 <br /> Decrease ending fund balance 425 5999000000490 2,000,000 <br /> ATTACHMENT A <br /> Tally 2016 11/10/2016 <br />