Item Coversheet
City of Independence
AGENDA ITEM COVER SHEET
Approved
Agenda Title:

Amending the Fiscal Year 2022-23 Submitted Budget by correcting discrepancies in the Parks, Recreation & Tourism Budget and reducing capital expenses in the Tourism Fund in order to have a positive fund balance.
Recommendations:

Staff recommends approval.
Executive Summary:

The City Manager is directed to adjust the following accounts in the following amounts from the Submitted Budget for Fiscal Year 22-23:

 

Parks Improvement Sales Tax Fund: 6044 – Reduce Personnel Services by $5,142 and .2 FTE and move to 6043

 

 Parks Improvement Sales Tax Fund: 6043 – Increase Personnel Services by $5,142 and 1.0 FTE (.2 from 6044 and .8 inadvertently reduced)

 

 Parks, Health & Rec Levy Fund: 6072 – Reduce Personnel Services by $124,521 and 2.0 FTE; move to 6071 & 6078

 

 Parks, Health & Rec Levy Fund: 6071 – Increase Personnel Services by $77,900 and increase 1.0 FTE

 

Parks, Health & Rec Levy Fund: 6078 – Increase Personnel Services by $46,641 and 1.0 FTE

 

Tourism Fund: 6061 – Reduce Personnel Services by $58,140 and 1.0 FTE

Tourism Fund: 6064 – Increase Personnel Services by $58,140 and 1.0 FTE

Tourism Fund: 041901 – Decrease by $155,000 (NFTM exhibits & audio-video equipment, card access system)

Tourism Fund: 041902 – Decrease by $452,000 (Log Courthouse, Vaile Mansion & Bingham Waggoner; roof repair, wall repair, and HVAC system)

 
Background:

After the Parks, Recreation & Tourism budget was finalized these discrepancies were discovered. This moves funds and FTEs to the intended orgs which will increase accuracy and efficiency in budget reporting, tracking, and program costs.  Capital projects were reduced to attain a positive fund balance.

Fiscal Impact:

Budget Amendment Request No. 2 decreases overall funding for the Parks, Recreation & Tourism proposed budget by $607,000.00.  
Department:          Parks|Recreation|TourismContact Person:          Morris Heide

REVIEWERS:
DepartmentAction
Parks | Recreation | Tourism DepartmentApproved
Finance DepartmentApproved
City Managers OfficeApproved
City Clerk DepartmentApproved
Council Action:          Council Action: