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City Council Meeting Minutes April 6, 2010 Page 11 of 17 RESOLUTION No. 16, SERIE:S 2010 - A RESOLUTION AMENDING THE 2010 BUDGET BY AMENDING APPROPRIATIONS IN THE GENERAL FUND, NORTHWEST PARKWA.Y FUND, MCCASLIN INTERCHANGE FUND, CONSERVATION TRUST - LAND ACQUISTION FUND, CONSERVATION TRUST- LOTTERY FUND, CEMETERY PERPETUAL CARE FUND, CEMETERY FUND, HISTORIC PRESERVATION FUND, CAPITAL PROJECTS FUND, IMPACT FEE FUND, LIBRARY CONSTRUCTION FUND, WATER UTIILlTY FUND, WASTEWATER UTILITY FUND, STORMWATER UTILITY FUND, GOLF COURSE FUND, BUILDING MAINTENANCE FUND, TECHNOLOGY MANAGEMENT FUND, FLEET MANAGEMENT FUND, AND DEBT SERVICE FUND AND AMENDING BUDGETED REVENUE IN THE GENERAL FUND, CONSERVATION TRUST - LAND ACQUISITION FUND, HISTORIC PRESERVATION FUND, CAPITAL PROJECTS FUND, WASTEWATER UTILITY FUND, AND GOLF COURSE FUND -PUBLIC HEARING Mayor Sisk requested a Staff presentation. Finance Director Watson explained Resolution No. 16, Series 2010, if authorized, proposes a series of amendments to the City of Louisville's 2010 Operating & Capital Budget. These proposed amendments are requested as follows: 1. To carry-forward appropriations from 2009 to 2010 for projects that were approved for 2009 but not completed in 2009. In other words, the unspent budgets for projects appropriated, but not completed, in 2009 are proposed to be added to the current 2010 budget. Total carry-forward = +$5,333,040. 2. To formally adopt other adjustments to the current 2010 appropriations. These adjustments are for items that were not anticipated, or were not measureable, at the time the original 2010 budget was adopted. Most of these items have been previously discussed and approved by Council and/or City Manager but have not been formally incorporated into the City's 2010 budget. Total other adjustments = -$197,210. 3. To formally adopt the specific budget-saving actions approved by City Council on March 2, 2010. Total bud~let-saving actions = -$273,770. 4. To adjust the revenue budget to new revenue estimates or for new revenue that was not anticipated, or was not measureable, at the time the original 2010 budget was adopted. Total revenue adjustments = -$133,760. Mayor Sisk opened the public hearing and requested public comments. There were no public comments and the public hearing was closed. MOTION: Councilor Dalton moved to approve Resolution No. 16, Series 2010, seconded by Councilor Sackett. Roll call vote was taken. The motion carried by a vote of 7-0.