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2011 <br /> Budget Adjustments <br /> Tally Sheet <br /> GGA-8 <br /> This amendment adjusts certain reveue and expenditure budgets to reflect current economic conditions and locks <br /> in underexpenditures to prefund 2012 reserve contributions and insurance premuims. <br /> Specific actions include: <br /> -Reduce B&O tax revenue by$1.0 million. This reduction is offset with $1.0 million of the$2.0 million revenue <br /> shortfall contingency set aside in the first budget amendment. <br /> -Allocate the budgeted slow roll personnel contingency of$1,029,500 to the departments that have open <br /> positions. <br /> -Reduce department and non-department expenditures by$2,108,000 and use the funds to pre-fund the following <br /> 2012 expenditures: <br /> Property Management contribution-$576,400 <br /> MVD Replacement Contribution-$589,673 <br /> General Government Insurance Premiums-$941,927 <br /> The City continues to comply with its General Government fund balance policy. <br /> Reduce B&O Tax revenue budget 002 3161000000 1,000,000 <br /> City Council Budget Reductions 001 5)0000000a 15,000 <br /> Legal Dept Budget Reductions 003 5>0000000a 65,000 <br /> Admin Budget Reductions 004 5x co00000c 365,000 <br /> Municipal Court Budget Reductions 005 5x0000000a 7,000 <br /> HR Dept Budget Reductions 007 5>0000000a 14,500 <br /> Finance Dept Budget Reductions 010 5x000000 xx 10,000 <br /> IT Dept Budget Reductions 015 5xx0000000c 89,000 <br /> Planning Dept Budget Reductions 021 5xro�000cooa 25,000 <br /> Neighborhood Dept Budget Reductions 022 5m000000a 5,000 <br /> Engineering/Public Svcs Dept Budget Reductions 024 5x00000000( 85,000 <br /> Senior Center Budget Reductions 027 5x)000000cx 3,000 <br /> Police Dept Budget Reductions 031 5x)ooc000a 1,118,000 <br /> Fire Dept Budget Reductions 032 5x 0000000c 375,000 <br /> Facilities Dept Budget Reductions 038 5x3000000a 110,000 <br /> Parks Dept Budget Reductions 101 5x0000000a 20,000 <br /> Library Budget Reductions 110 5x00o000oa 73,000 <br /> Streets Budget Reductions 120 5)0000000a 100,000 <br /> Non-Dept Gen Gov Budget Reductions 009 5xx0000000c 1,658,000 <br /> Slow Roll Allocation 009 5xi0000000c 1,029,500 <br /> Non-Dept Gen Gov Expenditures(prefunds) 009 5x0000000a 2,108,000 <br /> Property Tax Revenue Transfers 002 3111002000 193,000 <br /> Property Tax Revenue Transfers 101 3111010010 20,000 <br /> Property Tax Revenue Transfers 110 3111010000 73,000 <br /> Property Tax Revenue Transfers 120 3111000000 100,000 <br /> ATTACHMENT A <br /> Tally 2011.xlsx 9/13/2011 0 <br />