2006/05/03 Council Agenda Packet

2006 .. Budget Adjustments Tally Sheet Department Code Rev Exp FB 2-1 Planning Reappropriation-Downtown Study 021R 43,350 2-1 General Fund Reappropriation-Downtown Study 002R 43,350 - On August 1, 2005, the City entered into contracts with three consulting agencies to prepare a downtown revitalization plan for the City of Everett. The combined contracts total is $100,000.This reappropriation will carry forward the remainder of the study costs of$43,350 to complete this work.The source of funding for this project is CIP4. Work commenced in 2005 and shall be completed by April 30, 2006. Increase Transfer In from CIP 4 002 3970000162 43,350 Increase Professional Services Expense 021 5010439410 43,350 0 ri .. ,. 'Nle4 . ,4 w ., .., ' 100 ~'p.. . Department Code Rev Exp FB ;R-2 Planning Reappropriation-Urban Livability Grant 021R 15,814 ;R-2 General Fund Reappropriation-Urban Livability Grant 002R 15,814 The City received $50,000 in 2000 from the State of Washington for an Urban Livability Grant. The funds from this grant are being used to establish design guidelines for development that will support pedestrian and transit-oriented use of Broadway Avenue. In 2005, demands on staff to complete the 10-year update of the Comprehensive Plan did not allow work on the Broadway Avenue design guidelines. This project is still on the work program and was identified as a priority by the Mayor's Vision Team and is on our work program for 2006.This request will carry forward the remaining $15,814 to complete this work. Increase Beginning Fund Balance 002 3080000000 15,814 Increase Professional Services Expense 021 5010433410 15,814 12 ATTACHMENT A Tally 2006.xls 3/21/2006