AgdaPkt 2005-04-11 - Laserfiche WebLink

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6.d, A- r 2004105 Changes In Expenditures REDEVELOPMENT AGENCY FUND .' A. The Redevelopment Agency is contributing toward the purchase of the land parcels purchased by the City for the public underground parking garage. As this was originally appropriated as land purchase by the Agency, this amendment item reclassifies the original appropriation from land acquisition to transfer out as the City acquired the land out of its capital outlay fund. As this is a reclassification, there is no net financial impact on the Agency. This is a necessary accounting entry and ties to the capital outlay fund item B on page A-2. Expenditure reduction Transfer out to capital outlay fund $(8,500,000) 8,500,000 B. The Redevelopment Agency is contributing a parcel of land (previously referred to as the Way-to-Go building) to the City for the construction of the public underground parking garage. This budget item reflects the donation of the parcel to the City capital outlay fund. 2,600,000 Total Redevelopment Agency Fund ~ WATER UTILITY ENTERPRISE FUND A. Water revenue bonds were issued to finance the recycled water project. This establishes the appropriation for the capital projects to be financed by these funds. $32,807,484 B. The sale of water revenue bonds included certain issuance costs not previously budgeted. An appropriation needs to be established for these costs. 818,091 Total Water Utility Enterprise Fund ..$33.625.575 INTERNAL SERVICES FUND A. The Police Department received state grant funds to purchase additional equipment for the City's 9-1-1 telephone system. This appropriation enables the expenditure of the grant. $ 5,215 $ 5.215 Totallntemal Services Fund Grand Total of Expenditure Changes ~ 8-4