Ordinance 2911-06 - Laserfiche WebLink

2006 Budget Adjustments Tally Sheet Department Code Rev Exp FB GGR-13 Conference Center Reappropriation Repairs Reserve 114R 40,000 11 40,000 Increase Beginning Fund Balance - Conference Center 114 3080000000 40,000 Increase Repairs budget 114 5010000480 40,000 Department Code Rev Ex r FB GGR-14 [Special Projects Re -appropriation - Salmon Habitat/Tulalip Settlement 115R 50,000 50,000 �J In 2004, $50,000 was set aside in Fund 115 for the settlement agreement between the City and the Tulalip Tribes on the 41st Street litigation. The funds have not been and must be reappropriated for budget expenditure authority in 2006. Increase Professional Services budget - Special Projects fund Increase Beginning Fund Balance budget - Special Projects Fund ATTACHMENT A Tally 2006.xls 3/21/2006 115 561000041011 50,000 115 3080000061 The original financial model for the operations of the Conference Center proposed that $20,000 be set aside each year for repairs and maintenance. For the years 2004 and 2005, no repairs and maintenance expenses were incurred, This amendment authorizes $40,000 of the current fund balance to be spent in 2006 on repair and maintenance projects. The fund balance is $45,000 at year end 2005 before this amendment. The 2006 budget also includes $20,000 for repairs and maintenance. Increase Beginning Fund Balance - Conference Center 114 3080000000 40,000 Increase Repairs budget 114 5010000480 40,000 Department Code Rev Ex r FB GGR-14 [Special Projects Re -appropriation - Salmon Habitat/Tulalip Settlement 115R 50,000 50,000 �J In 2004, $50,000 was set aside in Fund 115 for the settlement agreement between the City and the Tulalip Tribes on the 41st Street litigation. The funds have not been and must be reappropriated for budget expenditure authority in 2006. Increase Professional Services budget - Special Projects fund Increase Beginning Fund Balance budget - Special Projects Fund ATTACHMENT A Tally 2006.xls 3/21/2006 115 561000041011 50,000 115 3080000061