| | | | | | | | | City of Independence | | AGENDA ITEM COVER SHEET |
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| | | | | | | | | BILL NO. 21-501 | Ord.No: 19192 |
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| | | | | | | | Agenda Title:
21-501 - 1R. An ordinance adopting amendments to the Fiscal Year 2020- 2021 budget, which was approved by Ordinance No. 19131. Appropriation ordinances may receive two readings and be voted on at the same meeting. |
| | | | | | | | Recommendations:
Staff recommends approval of this item. |
| | | | | | | | Executive Summary:
The purpose of this ordinance is to appropriate revenues that have been received and make any necessary changes and transfers since the FY 20/21 budget was adopted. |
| | | | | | | | Background:
An ordinance increasing revenues and appropriations in the amount of $91,175.20 in the General Fund; $14,000.00 in the Health Property Tax Levy Fund for Animal Services; $29,700.00 in the Health Property Tax Levy Fund for Parks, Recreation, and Tourism; $7,088.00 in the Street Sales Tax Fund; $1,093,247.99 in the Grants Fund; $100,800.00 in the Buildings and Other Improvements Fund; increasing appropriations in the amount of $240,092.00 in the Parks Sales Tax Fund; $1,400,00.00 in the Water Fund; and, transferring appropriations between projects in the amount of $634,625.16 within the Sanitary Sewer Fund. |
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Fiscal Impact:
Increases appropriations in various budgetary funds. For the majority of appropriations there will not be a net fiscal impact since funds have been received to offset the appropriations. However, there will be a fiscal impact of $240,092.00 in the Parks Sales Tax Fund as well as $1,400,000.00 in the Water Fund.
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| | | | | | | | | Department: Finance & Administration | Contact Person: Bryan Kidney |
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| REVIEWERS: | | Department | Action | | Finance Department | Approved | | Finance Department | Approved | | City Managers Office | Approved | | City Clerk Department | Approved |
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| Council Action: | Council Action: |
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