HomeMy Public PortalAboutRES-CC-2018-46RESOLUTION # 46-2018
A RESOLUTION AMENDING THE FISCAL YEAR 2018/2019 BUDGET
WHEREAS, the City of Moab has proposed to amend the 2018/2019 fiscal year budget for the various funds;
NOW, THEREFORE BE IT RESOLVED THAT THE 2018/2019 FISCAL YEAR BUDGET SHALL BE AMENDED AS
FOLLOWS:
Amended Fiscal Year 2018/2019 Budget
Amended Amended
Revenue Expenditures
1. General Fund ($13,309,574) $ 13,309,574
2. Housing Fund ($3,320,000) $ 3,320,000
3. Millcreek Fund ($ 845,000) $ 845,000
4. Capital Projects Fund ($5,161,053) $ 5,161,053
5. Enterprise Water Non -Operating ($ 72,000)
6. Enterprise Sewer Operating ($1,752,782) $ 1,504,864
7. Enterprise Sewer Non -Operating ($ 406,749)
2018/2019 Fiscal Year Budget Amendments
FUNDS
Account #
Account Name Adjustment Amount
General Fund
Revenue
10-32-213 Plan Check Fees $ (20,000.00)
10-35-006 Public Safety Donations $ (12,000.00)
10-36-400 Sale of Real/Personal Property $ (13,966.00)
10-39-940 General Fund Beg. Fund Balance $ (440,602.00)
Total Revenue $ (486,568.00)
General Fund
Expenses
Transfers
10-480-61 To Capital Projects Fund $ 344,807.00
New Account To Affordable Housing Fund $ 240,000.00
Police
10-421-14 Other Benefits $ 29,500.00
Animal Control
10-426-50 Grant Expenses - Donor $ 37 920.00
Parks
10-451-10 Salaries & Wages $ 20,386.00
Resolution #46-2018 Pagel of'3
10-451-13 Employee Benefits $ 19,955.00
Planning
10-418-31 Professional & Technical $ 25,000.00
Executive
10-413-23 Travel $ 2,000.00
10-413-33 Education $ 3,000.00
Community Contributions
Transfer to Affordable Housing
10-460-27 Fund $ (240,000.00)
10-460-84 Grand County/4th of July $ 4,000.00
Total Expenses $ 486,568.00
Housing Fund (new fund
Revenue
New Account Proceeds from Long Term Debt $ (1,800,000.00)
New Account Grants $ (1,250,000.00)
New Account Rent/Lease Income $ (30,000.00)
New Account Transfer from General Fund $ (240,000.00)
Total Revenue $ (3,320,000.00)
Expenses
New Account Acquisitions $ 1,800,000.00
New Account Debt Retirement $ 1,000,000.00
New Account Development Costs $ 504,000.00
New Accounts Operation & Maintenance costs $ 16,000.00
Total Expenses $ 3,320,000.00
Millcreek Project Fund
Revenue
28-39-209 Beginning FB $ (45,000.00)
Total Revenue $ (45,000.00)
Expenses
28-400-31 Professional & Technical $ 45,000.00
Total Expenses $ 45,000.00
Capital Projects Fund
41-36-124
41-36-228
41-39-222
Revenue
Expenses
41-790-44
41-440-70
41-440-81
Resolution #46-2018
Grants $ (6,693.00)
Utah Power Grant $ (62,000.00)
Transfer from General Fund $ (344,807.00)
Total Revenue $ (413,500.00)
Perf Guarantee Default $ 4,700.00
Road Improvements $ 100,000.00
City Shop/Yard Improvements $ 45,000.00
Paae 2 or3
41-760-72 MARC Building Improvements $ 110,000.00
41-780-44 Park Improvements $ 12,000.00
41-770-50 City Center Bldg Improvements $ 115,500.00
41-770-55 City Sustainability $ 26,300.00
Total Expenses $ 413,500.00
Water Fund
Non -Operating Income
51-36-111 Water Impact Fees $ (20,000.00)
Sewer Fund
Operating Income
52-57-200
Sewer Existing Facility Fee $ (25,000.00)
Total Operating Revenue $ (25,000.00)
Non -operating Revenue
52-56-111 Sewer Impact Fees $ (120,000.00)
Total Non -Operating Revenue $ (120,000.00)
Operating Expenses
52-600-15 WRF - Overtime $ 7,000.00
52-600-27 WRF - Utilities $ 75,000.00
Total Operating Expenses
$ 82,000.00
PASSED AND ADOPTED in open Council by a majority vote of the Governing Body of the City of Moab this 23rd
day of October, 2018.
Emily S. Niehaus
Mayor
Rachel E. Stenta
City of Moab
Resolution #46-2018
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