Resolution - #96-03-061 - 03/26/1996

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To amend expenditure activities based on wage contract settlements, budget amendments made by Council action during 1995 and actual moneys spent over (under) budget from $182,533 to $99,033 for a net decrease of $83,500: Personal Services Supplies Other Services and Charges Capital Outlay Transfers to Other Funds Net Decrease in EDA Fund Budgeted Expenditures $ (1,5oo) 2,000 (74,000) 10,000 0 $ (83,500) TAX INCREMENT REVOLVING FUND #204 To create revenue budget of $1,305,000 based on actual moneys received during 1995: Tax Increment Revenues Interest Earned on Investments Total Revenues Tax Increment Revolving Fund $ 1,175,000 130,000 $ 1.305.000 To create expenditure budget based on actual moneys spent or transferred for a total of $1,830,000: Other Services and Charges Capital Outlay Debt Service Transfers to Other Funds: Total Expenditures Tax Increment Revolving Fund $ 300,000 600,000 250,000 680,000 $1,830,000 Excess Revenues Over Expenditures $ (525,000) WATER UTILITY FUND #601 To amend revenue activities based on budget amendments made by Council action during 1995 and actual moneys received over (under) budget from $173,550 to $270,750 for a total net increase of $97,200: Water Sales Interest Earned on Investments Miscellaneous Revenues Net Increase in Water Utility Fund Budgeted Revenues 16,500 80,000 700 $ 97,200 To amend expenditure activities based on wage contract settlements, budget amendments made by Council action during 1995 and actual moneys spent over (under) budget from $166,226 to $213,726 for a total net increase of $47,500: Personal Services Supplies Other Services and Charges Depreciation Transfers to Other Funds: General Fund - Administrative Transfer Net Increase in Water Utility Fund Budgeted Expenses $ (9,000) 25,000 10,500 21,000 0 $ 47,500 RESOLUTION g96-03-061 Page 2 of 4