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2017 <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Rev Exp FB <br /> GGA-12 Non-Dept Gen Govt Amendment-Prefund 2018 Expenditures 009A I 6,758,208 (6,758,208) <br /> This amendment proposes to use 2016 under expenditures to prefund 2018 expenses in an effort to begin reducing the <br /> projected 2018 budget deficit. Proposed prefunding includes; Police and Fire LEOFF1 pension contributions in the amount of <br /> $1,658,208; insurance reserve contributions in the amount of$3,000,000; a motor vehicle reserve contribution in the amount <br /> of$1,800,000, and a$300,000 contribution to the facilities reserve fund. <br /> Increase transfers out for LEOFF1 Police and Fire pensions 009 5172638211 1,658,208 <br /> Increase transfers out for insurance contributions 009 5000026960 3,000,000 <br /> Increase transfers out for motor vehicle reserve contribution 009 5000001550 1,800,000 <br /> Increase transfers out for facilities reserve contribution 009 5000146550 300,000 <br /> Decrease ending fund balance 009 5980000490 6,758,208 <br /> Department Code Rev Exp FB <br /> GGA-13 Non-Dept Gen Govt Amendment-CIP Contributions/Contingency 009A 760,000 (760,000) <br /> This amendment proposes to use the remaining fund balance, above the required 20%of projected revenues, as follows: <br /> $400,000 to CIP 1 and$360,000 to a general fund contingency for items such as labor contract settlements and Riverfront <br /> development legal fees. <br /> Increase transfers out for CIP 1 contribution 009 5001162550 400,000 <br /> Increase general fund contingency 009 5000068110 360,000 <br /> Decrease ending fund balance 009 5980000490 760,000 <br /> ATTACHMENT A <br /> Tally 2017 3/14/2017 <br />