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2011 <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> GGR-29 General Fund Re-appropriation-Contingencies/Reserves 002R 3,100,000 <br /> GGR-29 Non-Dept Gen Govt Re-appropriation-Contingencies/Reserves 009R ' 3,100,000 <br /> The preliminary financial results for 2010 leave the City's general government with a fund <br /> balance of almost$25 million; $3.1 million greater than the required 20%fund balance. <br /> Several budget Issues have arisen since the balancing of the 2011 budget. First, the initial 787 <br /> delivery schedule has been delayed from the fourth quarter of 2010 to the third quarter of 2011, <br /> which will reduce the City's B&0 tax revenue in 2011.Additionally,the City has been notified by <br /> two telephone service providers that they are seeking utility tax refunds for the previous seven <br /> years' payments on what they refer to as"charges for access to interstate services". The <br /> outcome of this issue is uncertain. <br /> This re-appropriation carries forward $2 million to set aside for these contingencies.The <br /> remaining$1.1 million is transferred to CIP 4 to support the Municipal Court and Broadway <br /> Bridge replacement projects. <br /> Increase Beginning Fund Balance 002 3080000000 3;100,000 <br /> Increase Misc-Special Allocation Budget 009 5000900494 2,000,000 <br /> Transfer Out to CIP 4 009 5000900550 1,100,000 <br /> FRv1h Mg� -f.� i t i, ..}}�IE TII�R ) '14" �'Sr yY�r� II ' .1�"'"';�Y!•`')^£9 a.r.iMNEZ . 't7EiPr44-'AI ,etc r y <br /> C>4� -� 41L3.>.° ...3"ik.� �s 61::.,...,§.Y'.ry Y.+y.-.���:$'�.L:as_k.�+',�.,'..�:.,.n.G1-A...;.ac��_.,�Xi�"F.t,'t�"�.�.Ef:.a�ft}ta`�u�����t11�.. .. ;fay � , <br /> ATTACHMENT A <br /> Tally 2011.xIsx 2/15/2011 <br />