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2005 <br /> p Budget Adjustments <br /> o Tally Sheet <br /> Department Code Rev Exp FB <br /> 3GA-1 Conference Center Amendment-Conference Center Utilities 114A 14,400 14,400 <br /> 3GA-1 Non-Dept Expense Amendment-Conference Center Utilities 009A (14,400) <br /> 3GA-1 General Fund Amendment-Conference Center Utilities 002A (14,400) <br /> At the November 29, 2004 City Council meeting, the Management Agreement for the Conference <br /> Center at the Everett Events Center was ratified. The agreement requires the City to pay $1,200 a <br /> month to the PFD, and the PFD shall provide for utilities including electricity, heat, air conditioning, <br /> water, sewer, trash collection, building maintenance and janitorial services.The City collects annual <br /> rent of$105,240 for office and medical space within the Conference Center. <br /> This amendment adds the annual expenditure of$14,400 to the 2005 Budget. <br /> BUDGET JOURNAL ENTRY: DEBIT CREDIT <br /> Increase Utilities Budget-Conference Center 114 5010000470 14,400 <br /> Increase Property Tax Allocation-Conference Center 114 3111010000 14,400 <br /> Decrease Property Tax Allocation-General Fund 002 3111002000 14,400 <br /> Decrease Ending Fund Balance-General Fund 009 5980000490 14,400 <br /> fe:�.,,w> � �, R ��"��—X�• :,SaN, "F" x�� _.. x...... °i ....�,. ?`,ti.,. pa�"h.�:3�",'„,� <br /> Department Code Rev Exp FB <br /> GGA-2 Gen Fund Amendment-Property Tax 002A 91,199 <br /> GGA-2 Non Dept Amendment-Property Tax 009A 91,199 <br /> The City has received notification of the actual 2005 Property Tax assessment. The assessment is <br /> $103,816 greater than budgeted. Of this amount, $91,199 is allocated to the General Fund, and <br /> $12,617 is allocated to EMS. <br /> See NGA 4. <br /> Increase Property Tax Revenue-General Fund 002 3111010000 91,199 <br /> Increase Ending Fund Balance-General Fund 009 5980000490 91,199 <br /> 4, 0 <br /> ATTACHMENT A <br /> Tally 2005.xls 3/25/2005 <br />