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COUNCIL COMMUNICATION <br />TO: MAYOR AND CITY COUNCIL <br />FROM: MALCOLM FLEMING, CITY MANAGER <br />DATE: MAY 17, 2011 <br />SUBJECT: RESOLUTION NO. __, SERIES 2011 – A RESOLUTION AMENDING <br />THE 2011 BUDGET BY AMENDING APPROPRIATIONS IN THE <br />GENERAL FUND, NORTHWEST PARKWAY FUND, MCCASLIN <br />INTERCHANGE IMPROVEMENT FUND, CONSERVATION TRUST – <br />LAND ACQUISITION FUND, CONSERVATION TRUST – LOTTERY <br />FUND, CAPITAL PROJECTS FUND, LIBRARY CONSTRUCTION FUND, <br />WATER UTILITY FUND, WASTEWATER UTILITY FUND, STORM <br />WATER UTILITY FUND, GOLF COURSE FUND, BUILDING <br />MAINTENANCE FUND, AND TECHNOLOGY MANAGEMENT FUND <br />FOR CARRY FORWARD OF APPROPRIATIONS AND ADDITIONAL <br />EXPENDITURES WITHIN SUCH FUNDS AND ADJUSTING BUDGETED <br />REVENUE IN THE GENERAL FUND, NORTHWEST PARKWAY FUND, <br />CONSERVATION TRUST – LAND ACQUISITION FUND, HISTORIC <br />PRESERVATION FUND, CAPITAL PROJECTS FUND, AND GOLF <br />COURSE FUND – PUBLIC HEARING <br />ORIGINATING DEPARTMENT: FINANCE <br />SUMMARY: <br />The attached resolution proposes a series of amendments to the City of Louisville’s 2011 <br />Operating & Capital Budget. These proposed amendments are requested: <br />1. To carry-forward appropriations from 2010 to 2011 for projects that were approved for <br />2010 but not completed in 2010. In other words, the unspent budgets for projects <br />appropriated, but not completed, in 2010 are proposed to be added to the current 2011 <br />budget. Total carry-forward = +$1,094,270 <br />2. To formally adopt other adjustments to the current 2011 appropriations. These <br />adjustments are for items that were not anticipated, or were not measureable, at the <br />time the original 2011 budget was adopted. Many of these items have been previously <br />discussed by Council and/or City Manager but have not been formally incorporated into <br />the City’s 2011 budget. Total other adjustments = +$1,610,560 <br />3. To adjust the revenue budget to new revenue estimates or for new revenue sources that <br />were not anticipated, or were not measureable, at the time the original 2011 budget was <br />adopted. Total revenue adjustments = +$1,564,830 <br />SUBJECT AGENDA ITEM <br />RESOLUTION NO. __, SERIES 2011 <br />A RESOLUTION AMENDING THE 2011 <br />BUDGET <br />ê <br /> <br />