F.3. Consider Approval of Amended Budget Description: General Fund: The amendment includes the following increases & decreases: Function 00: Decrease revenue for ADA $274,224 Function 00: SHARS revenue increase $150,000 Function 00: Interest income increase $683,900 Function 00: Laptop revenue increase $95,000 Function 11 & 21: Transfer between functions CTE Function 11 & 21: Transfer between func

Staff Report & Agenda Item Details

F.3. Consider Approval of Amended Budget Description: General Fund: The amendment includes the following increases & decreases: Function 00: Decrease revenue for ADA $274,224 Function 00: SHARS revenue increase $150,000 Function 00: Interest income increase $683,900 Function 00: Laptop revenue increase $95,000 Function 11 & 21: Transfer between functions CTE Function 11 & 21: Transfer between functions for software Function 52 & 53: Transfer between functions software Function 00 & 11:  Medicare part D On behalf increase revenue & expense $330,000 Function 11,13,23,33,51,52 & 53:  Increase expenses for OT, WC, payroll $154,676 Function 51: Utilities expense increase $500,000 Overall revenues and expenses net zero. This amendment does not change the projected deficit. Debt Service: Function 00: Decrease t ax revenue with updated levy $396,245 Function 00: Interest income increase $50,000 Function 00: Reduce state revenue for hold harmless calculations $964,417 Function 71:  Reduce early payoff of bonds to maximum of $3,500,000 This amendment creates a deficit budget of $379,154. Attachments: ( 2 ) General Fund Amended Budget I & S Amended Budget

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.6/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).