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<br /> <br /> <br /> <br /> <br />CITY COUNCIL COMMUNICATION <br /> <br />CITY COUNCIL COMMUNICATION <br />AGENDA ITEM ___ <br />SUBJECT: RESOLUTION NO. __, SERIES 2013 – A RESOLUTION <br />AMENDING THE 2013 BUDGET BY AMENDING <br />APPROPRIATIONS IN THE GENERAL FUND, CONSERVATION <br />TRUST – OPEN SPACE & PARKS FUND, CONSERVATION <br />TRUST – LOTTERY FUND, CEMETERY FUND, HISTORIC <br />PRESERVATION FUND, CAPITAL PROJECTS FUND, IMPACT <br />FEE FUND, WATER UTILITY FUND, WASTEWATER UTILITY <br />FUND, STORM WATER UTILITY FUND, GOLF COURSE FUND, <br />BUILDING MAINTENANCE FUND, TECHNOLOGY <br />MANAGEMENT FUND, AND FLEET MANAGEMENT FUND FOR <br />CARRY FORWARD OF APPROPRIATIONS AND ADDITIONAL <br />EXPENDITURES WITHIN SUCH FUNDS AND ADJUSTING <br />BUDGETED REVENUE IN THE GENERAL FUND, <br />CONSERVATION TRUST – OPEN SPACE & PARKS FUND, <br />HISTORIC PRESERVATION FUND, CAPITAL PROJECTS FUND, <br />AND GOLF COURSE FUND – PUBLIC HEARING (Advertised <br />Daily Camera 05/17/2013) <br /> <br />DATE: MAY 21, 2013 <br /> <br />PRESENTED BY: KEVIN WATSON, FINANCE <br /> <br /> <br />SUMMARY: <br />The attached resolution proposes a series of amendments to the City of Louisville’s <br />2013 Operating & Capital Budget. These proposed amendments are requested: <br />1. To carry-forward appropriations from 2012 to 2013 for projects that were <br />approved for 2012 but were not completed by the end of the year. In other <br />words, the unspent budgets for projects not completed in 2012 are proposed to <br />be added to the current 2013 budget. Total carry-forward = +$1,552,910 <br />2. To formally adopt other adjustments to the current 2013 budget. These <br />adjustments are for items that were not anticipated, or were not measureable, at <br />the time the original 2013 budget was adopted. Many of these items have been <br />previously discussed by Council and/or City Manager but have not been formally <br />incorporated into the City’s 2013 budget. Total other adjustments = +$845,210. <br />3. To adjust the revenue budget to new revenue estimates or for new revenue <br />sources that were not anticipated, or were not measureable, at the time the <br />original 2013 budget was adopted. Total revenue adjustments = +$826,960. <br /> <br />A public hearing is required to amend the budget. Notice of public hearing was <br />published as required by law. <br /> <br /> <br /> <br />The following is a copy <br />of the agenda <br />documentation that will <br />be presented to the City <br />Council at the May 21 <br />Council Meeting. <br />5