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2004 <br /> • <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> GGA-8 General Fund Amendment-Property Tax Accounting Change 002A 22,613,835 <br /> GGA-8 Non-Dept Amendment-Property Tax Accounting Change 009A 22,613,835 <br /> Historically,when the City receives property taxes,they have been budgeted and deposited directly into all of <br /> the General Government Funds and various reserve and pension funds. <br /> In order for the City to be in compliance with GASB 34, Property Tax receipts are to be deposited to the <br /> General Fund and then transferred to other funds. This amendment increases Property Tax Revenue in the <br /> General Fund by$22,613,835 and replaces the Property Tax Revenue in the other funds with "Operating <br /> Transfer In from General Fund"budgets in the impacted funds. <br /> Deposits already processed this year will be reversed and deposited to the General Fund. <br /> This change does not impact the budgeting process. <br /> See NGA-8 for impact to funds outside of the General Government. <br /> • <br /> Increase Property Tax allocation to General Fund 002 3111002000 22,613,835 <br /> Transfer to Parks 009 5000101550 6,800,492 <br /> Transfer to Library 009 5000110550 3,899,405 <br /> Transfer to Community Theater 009 5000112550 264,262 <br /> Transfer to Conference Center 009 5000114550 444,265 <br /> Transfer to Special Projects Fund 009 5047115550 26,000 <br /> Transfer to Street Improvements 009 5000119550 333,000 <br /> Transfer to Streets 009 5000120550 603,247 <br /> Transfer to Parks Reserve 009 5000148550 15,000 <br /> Transfer to EMS 009 5000153550 3,813,433 <br /> Transfer to Public Safety Fund 009 5000161550 202,469 <br /> Transfer to Debt Service 009 5000239550 562,720 <br /> Transfer to Police Pension 009 5000637550 2,282,473 <br /> Transfer to Fire Pension 009 5000638550 3,367,069 <br /> Eliminate Property Tax Revenue Budget-Parks 101 3111010010 6,800,492 <br /> Eliminate Property Tax Revenue Budget-Library 110 3111010000 3,899,405 <br /> Eliminate Property Tax Revenue Budget-Theater 112 3111010000 264,262 <br /> Eliminate Property Tax Revenue Budget-Conference Ctr 114 3111010000 444,265 <br /> Eliminate Property Tax Revenue Budget-Abatement 115 3111000047 26,000 <br /> Eliminate Property Tax Revenue Budget-Street Improve 119 3111010000 333,000 <br /> Eliminate Property Tax Revenue Budget-Streets 120 3111000000 603,247 <br /> Transfer in from General Fund-Parks 101 3970311002 6,800,492 <br /> Transfer in from General Fund-Library 110 3970311002 3,899,405 <br /> Transfer in from General Fund-Community Theater 112 3970311002 264,262 <br /> Transfer in from General Fund-Conference Center 114 3970311002 444,265 <br /> Transfer in from General Fund-Abatement 115 3970311002 26,000 <br /> Transfer in from General Fund-Street Improvement 119 3970311002 333,000 <br /> Transfer in from General Fund-Streets 120 3970311002 603,247 <br /> 65 <br /> Tally 2004 5/10/2004 ATTACHMENT A <br />