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HomeMy WebLinkAboutReg 2011-12-05 Item 5A.1 - Ordinance - 2011-2012 Biennial Budget AmendmentCOUNCIL AGENDA SYNOPSIS Initialr ITEMNO. Meeting Date I Prepared by I Mayor's review I Coa7cil revien) 11/28/11 1 PM jAe I r aA�, 5.A 12/05/11 PM ITEM INFORMATION CAS NUMBLiR: STAFF SPONSOR: PEGGY MCCARTHY ORI(.;IN,U_.AGI�,NI)A DA'rl 11/28/11 Ac,I,NDA ITI,N,I TITLJ An ordinance amending the 2011 -2012 budget. Cxiv(,ORY Discus.uon Motion Resolution Ordinance .BidAzvard Public Hearin Other 1 Tt Dolc. 11/28/11 d71� Date 11tg Date Vltg Date 12/5/11 A�tg Dnte tllt{ Date 11/28/11 tl11tg Date SPONSOR COU176i1 ,Mayor PR DCD Finance Fire IT 1'611 Police PIV SPONSOR'S The ordinance approves the 2011 -2012 mid biennium budget amendments. The mid SUN4NIARY biennial budget review and modification is undertaken pursuant to RCW 35A.34.130 and TMC 3.30.020. RI .�'a;wl IiY cow Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DATE: 11/08/11 COMMITTEE CHAIR: HOUGARDY RECOMMENDATIONS: SPONSOR /ADMIN. Finance CON IN n'I'ITT! No decision; Forward to Committee of the Whole COST IMPACT FUND SOURCE FXNI NDI' Uit I RJ;( )UIRI "I) AMOUNTBUDGETED APPROPRIATION REQUIRED $0 Fund Source: Coinlne»xs: 5 MTG.DATEI RECORD OF COUNCIL ACTION 11/28/11 I Forward to next Regula Meeting MTG. DATE I ATTACHMENTS 11/28/11 I Informational memorandum dated 11/03/11 REVISED Ordinance in draft form with attachments Minutes from the Finance and Safety Committee meeting of 11/08/11 12/05/11 i nrdinance in final form, with new Info Memo dated 11t30/11 7 x City of Tukwila Jim Haggerton, Mayor INFORMATIONAL MEMORANDUM TO: Mayor Haggerton Finance and Safety Committee FROM: Peggy McCarthy, Interim Finance Director DATE: November 30, 2011 SUBJECT: Increase the Contingency (Reserve) Fund Budget Amendment Mid Biennial Review and Modification of the 2011 -2012 Budget ISSUE Increase the 2012 Contingency (Reserve) Fund budget amendment by $500,000 to achieve parity between the 2012 budget and the Financial Planning Model, Attachment A. BACKGROUND The Financial Planning Model, Attachment A, shows $3,000,000 of contributions to the reserve fund in 2012. To bring the 2012 budget to this level, an additional $500,000 must be added to the budget. The existing 2012 budget for this is $1,300,000; the budget amendment that was presented at the November 28, 2011 Committee of the Whole meeting increases the budget by $1,200,000. The $500,000 addition to the budget amendment would bring the total 2012 budget to $3,000,000. DISCUSSION To achieve consistency between the 2012 budget and the Financial Planning Model, Attachment A, the budget amendment for the General Fund contribution to the Contingency (Reserve) Fund must be increased by $500,000. The Contingency Fund line on the budget amendment ordinance must be increased by the $500,000 as well. RECOMMENDATION The Council is being asked to approve this adjustment to the budget amendments in conjunction with approval of the budget amendments presented at the November 28, 2011 Committee of the Whole meeting. ATTACHMENTS Final Ordinance in strike through underline format, with attachments 9 10 A� AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE NO. 2319, WHICH ADOPTED THE CITY OF TUKWILA'S BIENNIAL BUDGET FOR THE 2011 -2012 BIENNIUM, TO ADOPT AN AMENDED MID BIENNIUM BUDGET; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on November 22, 2010, Ordinance No. 2319 adopted the 2011 -2012 biennial budget of the City of Tukwila; and WHEREAS, a mid biennium budget amendment was presented to the City Council in a timely manner for their review, in accordance with RCW 35A.34.130; and WHEREAS, a public hearing on the proposed mid biennium budget amendment was advertised and held on November 28, 2011; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. Ordinance Amended. Tukwila Ordinance No. 2319 is hereby amended with the City Council's adoption of the document entitled "City of Tukwila 2011 -2012 Mid Biennium Budget Amendment," incorporated by this reference as if fully set forth herein, in accordance with RCW 35A.33.075. Section 2. Estimated Revenues and Appropriations. The totals of the estimated revenues and appropriations for each separate fund and the aggregate totals are as follows: EXPENDITURES $114,598,514 $3,796,633 $1,755,171 $56,202,266 $5 755,7081 $4,489,882 1 W: Word Process ing \Ordinances \Budget amendment- 2011 -2012 mid biennium strike -thru 11 -29 -11 JF /PM:bjs REVENUES $114,598,514 $3,796,633 $1,755,171 $56,202,266 $&-,2 $5,755,708 $4,489,882 (continued..) Page 1 of 2 11 FUND 000 General 101 Hotel /Motel Tax 103 Residential Street 104 Arterial Street 105 Contingency 209 Limited Tax G.O. Bonds, 2003 EXPENDITURES $114,598,514 $3,796,633 $1,755,171 $56,202,266 $5 755,7081 $4,489,882 1 W: Word Process ing \Ordinances \Budget amendment- 2011 -2012 mid biennium strike -thru 11 -29 -11 JF /PM:bjs REVENUES $114,598,514 $3,796,633 $1,755,171 $56,202,266 $&-,2 $5,755,708 $4,489,882 (continued..) Page 1 of 2 11 Section 3. Copies on File. A complete copy of the final budget for 2011 -2012, as adopted, together with a copy of this amending ordinance, shall be kept on file in the City Clerk's Office, and a copy shall be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the State Auditor and to the Association of Washington Cities. Section 4. Corrections by City Clerk or Code Reviser. Upon approval of the City Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to this ordinance, including the correction of clerical errors; references to other local, state or federal laws, codes, rules, or regulations; or ordinance, numbering and section /subsection numbering. Section 5. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 6. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 1 2011. ATTEST /AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk Jim Haggerton, Mayor APPROVED AS TO FORM BY: Office of the City Attorney Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number: Attachment: City of Tukwila 2011 -2012 Mid Biennium Budget Amendment W: Word Processing \Ordinances \Budget amendment 2011 -2012 mid biennium strike -thru 11 -29 -11 JF /PM:bjs Page 2 of 2 12 FUND I EXPENDITURES REVENUES 211 LTGO Refunding Bonds, 2008 I $1,681,171 1 $1,681,171 215 Limited Tax G.O. Bonds, 2010B I $386,9001 $386,900 404 Water /Sewer Revenue Bonds I so! $0 411 Foster Golf Course I $4,855,278 1 $4,855,278 Section 3. Copies on File. A complete copy of the final budget for 2011 -2012, as adopted, together with a copy of this amending ordinance, shall be kept on file in the City Clerk's Office, and a copy shall be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the State Auditor and to the Association of Washington Cities. Section 4. Corrections by City Clerk or Code Reviser. Upon approval of the City Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to this ordinance, including the correction of clerical errors; references to other local, state or federal laws, codes, rules, or regulations; or ordinance, numbering and section /subsection numbering. Section 5. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 6. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 1 2011. ATTEST /AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk Jim Haggerton, Mayor APPROVED AS TO FORM BY: Office of the City Attorney Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number: Attachment: City of Tukwila 2011 -2012 Mid Biennium Budget Amendment W: Word Processing \Ordinances \Budget amendment 2011 -2012 mid biennium strike -thru 11 -29 -11 JF /PM:bjs Page 2 of 2 12 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT SUMMARY 13 2011 -2012 Mid Biennial Adjusted Adopted Budget 2011 -2012 Budget Adjustment Budget Fund 000 General 114,498,450 100,064 114,598,514 101 Hotel /Motel Tax 3,758,033 38,600 3,796,633 103 City Street 1,535,171 220,000 1,755,171 104 Arterial Street 49,186,266 7,016,000 56,202,266 105 Contingency 3,889,448 1,866,260 5,755,708 107 Fire Equipment Cumulative Reserve 1,673,041 1,673,041 109 Drug Seizure Fund 614,000 614,000 207 Limited Tax G.O. Bonds, 1999 208 Limited Tax G.O. Bonds, 2000 209 Limited Tax G.O. Bonds, 2003 1,186,922 3,302,960 4,489,882 210 Limited Tax G.O. Refunding Bonds, 2003 1,002,825 1,002,825 211 Limited Tax G.O. Refunding Bonds, 2008 1,667,871 13,300 1,681,171 212 Limited Tax G.O. Bonds, 2009A 60,350 60,350 213 Limited Tax G.O. Bonds, 2009B 509,043 509,043 214 Limited Tax G.O. Bonds, 2010A 789,750 789,750 215 Limited Tax G.O. Bonds, 20108 380,900 6,000 386,900 216 Limited Tax G.O. Refunding Bonds Valley Com 403,900 403,900 301 Land Acquisition, Recreation Park Development 9,792,015 9,792,015 302 Facility Replacement 3,891,877 3,891,877 303 General Government Improvements 3,658,109 3,658,109 304 Fire Improvements 430,300 430,300 401 Water 17,413,433 17,413,433 402 Sewer 15,802,626 15,802,626 404 Water /Sewer Revenue Bonds 1,322,822 (1,322,822) 405 Bond Reserve 822,000 822,000 411 Foster Golf Course 4,305,278 550,000 4,855,278 412 Surface Water 9,867,549 9,867,549 501 Equipment Rental 11,418,895 11,418,895 502 Insurance Fund 17,563,949 17,563,949 503 Insurance LEOFF 1 Fund 3,754,886 3,754,886 611 Firemen's Pension 2,995,616 2,995,616 Total $284,195,325 11,790,362 295,985,687 13 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures Revenue Backed Expenditures Revenue: JAG Recovery Act Mobile Command Unit 000.339.216.80 40 104,417 EMPG grant 000 333.970.42.00 82,210 Signal pole damage to be reimbursed by insurance (WCIA) 000 344 100.00 00 50,000 JAG grant with Tukwila School distrist 76,437 (a) Total Revenue 230,854 82,210 313,064 Expenditures JAG Recovery Act Mobile Command Unit 000.10.594.216.64 00 previously not budgeted 104,417 JAG grant with Tukwila School distrist 000.10.xxx.xxx.xx 76,437 (a) Emergency Management CERT Trainer other 000 11.525.600.xx.xx 82,210 Repair costs Signal pole 000 16 594 440.64.00 50,000 Total Expenditures 230,854 82,210 313,064 Reallocation of Budget Among Departments Expenditures: City Attorney Special Matters 000.06.515.200.41 03 160,000 Parks Maintenance: Salaries 000.15.576.80011.00 60,000 Dept 20 Claims and judgements 000.20 514.230 49.03 100,000 Public Works Unallocated budget reduction (dept underbudget) 000 13.532.100.00.05 (120,000) Mayors Unallocated budget reduction (dept underbudget) 000.03.513.100.00.05 (90,000) Parks Recreation Unallocated budget reduction (dept underbudget) 000 07.574.200 00.05 (110,000) Total Expenditures Carryover of Unused Budget Expenditures: City Clerk Agenda Manager technology system 000.03.514.300.64.00 (21,000) 21,000 Police Crime Analytical Software 000.10.594.100.64.00 (15,000) 15,000 Dept 20 Transfers -out (Fund 303, Gen Govt) 000.20.597.000 00.00 (2,000,000) 2,000,000 Est Ending Unreserved Fund Balance 000.20.291.840.00.00 2,036,000 (2,036,000) Total Expenditures Council Decisions Budget Additions Revenue Indirect cost allocation transfer -in 000.397 000.00.00 (213,000) (a) (213,000) Total Revenue (213,000) Expenditures: Dept 20 Transfers -out (Fund 105, Reserve) 000.20.597.000 00.00 166,260 1,700,000 (b) Dept 20 Transfers -out (Fund 103, Residential Street) 000.20 597.000.00.00 220,000 (a) Dept 20 Transfers -out (Fund 411, Golf Course Fund) 000.20.597.000.00.00 550,000 Dept 20 TransferS -OUt (Fund 212 and 213 SCORE debt service, not chgd by SCORE) 000.20 597 000 00.00 (250,000) Dept 20 Transfers -out (Fund 215, debt service) 000.20.597 000.00.00 6,000 Dept 20 Loan to Park District 000.20.599.000.xx.xx 375,000 725,000 DCD Proposed Permit System 000.08.xxx.xxx.xx.xx 175,000 Est Ending Unreserved Fund Balance 000.20.291.840.00.00 (847,260) (3,033,000) Total Expenditures (213,000) (213,000) 14 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures New Initiatives COP Bicycle Team Revenue Backed Expenditures Expenditures Revenue Police Department: 104.33x.xxx.xx.xx 6,600,000 (a) Grant Revenue Tukwila Urban Center 104.333.203.XX.XX Unallocated budget reduction (dept underbudget) 000. 1 0.xxx.xxx.xx.xx (220,000) 7,016,000 7,016,000 Salaries and benefits for 3 officers 000.10.xxx.xxx.xx.xx 345,000 Land Right of way Transit Center 104.98.595.800.61 00 Care and custody of prisoners (SCORE savings) 000.10.523.600.51 00 Est Ending Unreserved Fund Balance (125,000) 6,522,000 (a) Est Ending Unreserved Fund Balance (2011 carry 7,016,000 7,016,000 FUND TOTAL over from Police dept) 000.20.291.840.00 00 220,000 (220,000) Fund Total 100,064 100,064 (9,230,000) 9,230,000 Total Revenue (9,230,000) 9,230,000 Revenue Backed Expenditures Professional Services Construction Revenue Southcenter Parkway 104 98.595 800.xx.xx (9,230,000) 9,230,000 Other Revenue Competitor Group 101.369.900.00.00 38,600 9,230,000 Ending fund balance Total Revenue 38,600 38,600 7,016,000 7,016,000 Expenditures Professional services Rock N Roll Marathon 101.00.557.302.41.00 38,600 Total Expenditures 38,600 38,600 FUND TOTAL 38,600 38,600 Council Decisions Budget Additions Revenue Transfer in 103 397 000.00 00 220,000 (a) Total Revenue 220,000 220,000 Expenditures: Professional Services /construction 103.98.595.xx.xx.xx 220,000 (a) Total Expenditures 220,000 220,000 FUND TOTAL Carryover of Unused Budget Expenditures Professional Services 103.98.595.800 41.00 (130,000) 130,000 Est Ending Unreserved Fund Balance 103.01.291.840 00.00 130,000 (130,000) Total Expenditures FUND TOTAL 220,000 220,000 15 Revenue Backed Expenditures Revenue Grant Revenue various 104.33x.xxx.xx.xx 6,600,000 (a) Grant Revenue Tukwila Urban Center 104.333.203.XX.XX 416,000 Total Revenue 7,016,000 7,016,000 Expenditures Land Right of way Transit Center 104.98.595.800.61 00 494,000 Est Ending Unreserved Fund Balance 104.01.291.840.00 00 6,522,000 (a) Total Expenditures 7,016,000 7,016,000 FUND TOTAL Carryover of Unused Budget Revenue: Debt proceeds 104.391.100 00.00 (9,230,000) 9,230,000 Total Revenue (9,230,000) 9,230,000 Expenditures Professional Services Construction Southcenter Parkway 104 98.595 800.xx.xx (9,230,000) 9,230,000 Total Expenditures (9,230,000) 9,230,000 Ending fund balance Fund total 7,016,000 7,016,000 15 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures Council Decisions Budget Additions Revenue. Transfer in General Fund 105 397.000.00.00 166,260 1,700,000 (b) Total Revenue 166,260 1,700,000 1,866,260 Expenditure Est Ending Unreserved Fund Balance 105.00.291 840.00.00 166,260 1,700,000 Total Expenditures 166,260 1,700,000 1,866,260 Fund total 1,866,260 1,866,260 Accounting Modifications: Expenditure: Transfer out 207.00.597.000 00 00 13,300 Est Ending Unreserved Fund Balance 207.00.291.840.00 00 (13,300) Total Expenditures Fund 207 total Revenue Transfer in Fund 207 211 397.000 00.00 13,300 Total Revenue 13,300 13,300 Expenditure. Est Ending Unreserved Fund Balance 211.00.291 840.00.00 13,300 Total Expenditures 13,300 13,300 Fund 211 total Council Decisions Budget Additions Revenue: Transfer in General Fund 215.397.000.00.00 6,000 Total Revenue 6,000 6,000 Expenditure: Principal payment 215.00.592.950.83.00 6,000 Total Expenditures 6,000 6,000 Fund total Revenue: Transfer in Land Park Acquisitions 209 397.301.00.00 3,302,960 (a) Total Revenue 3,302,960 3,302,960 Expenditure: Debt service payment 209 00.xxx.xxx.xx.xx 333,751 (a) Est Ending Unreserved Fund Balance 3,302,960 (333,751) (a) Total Expenditures 3,302,960 3,302,960 Fund total 3,322,260 3,322,260 Council Decisions Budget Additions Expenditure Transfer out to debt service fund 301.00.597.209 00 00 3,302,960 (a) Land 301.98.594.760 61.00 1,000,000 Est Ending Unreserved Fund Balance 301.00.291.840.00.00 (3,302,960) (1,000,000) (a) Total Expenditures Fund total Carryover of Unused Budget Expenditure' Construction project 302.98.594 190.xx.xx (87,000) 87,000 Est Ending Unreserved Fund Balance 302.00.291.840.00.00 87,000 (87,000) Total Expenditures Fund total W CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Council Decisions Budget Additions Construction Projects Est Ending Unreserved Fund Balance Total Expenditures Fund total 303.98.594 190 65.00 600,000 303.00.291 840 00.00 (600,000) (2,000,000) 2,000,000 Biennial Budget Increase (Decrease) Council Decisions Budget Additions Expenditure: AN Accounting Modification 1995 Revenue bond principal ($1,370,000 payoff less December payment) 401.01.597.720 00 00 1,080,000 1995 Revenue bond principal 401.01.597.720 00.00 (310,000) 1995 Revenue bond interest 401.01.597.820.00.00 (80,494) Est Ending Working Capital 401.02.293.800.00.00 (1,080,000) 390,494 Accounting Modification 120,000 (120,000) 2006 Revenue bond principal 401.01.597.720.01 00 (33,800) 2006 Revenue bond interest 401.01.597.820.01.00 (29,627) 2006 Revenue bond principal 401.02.582.347.72.00 33,800 2006 Revenue bond interest 401.02.592.347 83.00 29,627 Total Expenditures 402.02.293.800.00.00 Fund total (416,000) Carryover of Unused Budget AN Accounting Modification Expenditure: Revenue. Construction Projects 402.98.594.353 65.00 (120,000) 120,000 Est Ending Working Capital 402.02.293 1995 Revenue bond principal Water /Sewer 800 00.00 120,000 (120,000) Council Decisions Budget Additions 2006 Revenue bond principal Water /Sewer 404.397.720 01.00 (123,600) (127,308) Professional Services 402.98.594.353.xx.xx (117,264) (120,782) 416,000 2006 Revenue bond interest Water /Sewer Est Ending Working Capital 402.02.293.800.00.00 (131,287) (416,000) Accounting Modification (671,185) (1,322,822) Expenditure 2006 Revenue bond principal 402.01.597.720.01.00 Est Ending Working Capital 404.00.293.800.00 00 (53,435) (80,600) 2006 Revenue bond interest 402.01.597.820.01.00 404.00.582.380.72.00 (290,000) (310,000) (70,649) 2006 Revenue bond principal 402.02.582.357.72.00 (105,600) (105,600) 80,600 2006 Revenue bond interest 402.02.592.357.83.00 (71,937) 2006 Revenue bond interest Water /Sewer 70,649 Total Expenditures (99,896) General Government transfer to General Fund 404.00.597.190.00.00 Fund total Total Expenditures (651,637) (671,185) a as J I AN Accounting Modification Revenue. Investment interest 404.361 110.00 00 (60) (60) 1995 Revenue bond principal Water /Sewer 404.397.720.00.00 (283,250) (291,748) 2006 Revenue bond principal Water /Sewer 404.397.720 01.00 (123,600) (127,308) 1995 Revenue bond interest Water /Sewer 404.397.820.00.00 (117,264) (120,782) 2006 Revenue bond interest Water /Sewer 404.397 820.01 00 (127,463) (131,287) Total Revenue (651,637) (671,185) (1,322,822) Expenditure Est Ending Working Capital 404.00.293.800.00 00 (53,435) (77,341) 1995 Revenue bond principal Water /Sewer 404.00.582.380.72.00 (290,000) (310,000) 2006 Revenue bond principal Water /Sewer 404.00 582.380.72.01 (105,600) (105,600) 1995 Revenue bond interest Water /Sewer 404 00.592.380.83.00 (92,068) (71,937) 2006 Revenue bond interest Water /Sewer 404 00.592.380.83 01 (104,310) (99,896) General Government transfer to General Fund 404.00.597.190.00.00 (6,224) (6,411) Total Expenditures (651,637) (671,185) (1,322,822) Fund total (1,322,822) (1,322,822) 17 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures Council Decisions Budget Additions Revenue: Transfer in General Fund 411.397.190 00.00 550,000 (a) Total Revenue 550,000 550,000 Expenditure: Indirect cost allocation 411.00.597.000.00.00 (213,000) (a) Small Tools Minor Equipment 411.00.576.680.35 00 114,210 Est Ending Working Capital 411.00.293.800.00 00 435,790 213,000 Total Expenditures 550,000 550,000 Fund total 550,000 550,000 Carryover of Unused Budget Expenditures: Professional Services 412.98.594.382.41.00 (225,000) 225,000 Land 412.98.594.382.61.00 (40,000) 40,000 Construction Projects 412.98.594.382.65.00 (333,000) 333,000 Est Ending Working Capital 412.02.293.800 00.00 598,000 (598,000) Fund total INCREASE IN BIENNIAL BUDGET $11,790,362 11,790,362 (a) Represents an adjustment added since review of the budget amendments by the Finance Safety Committee on November 8th. (b) Amount increased by $500,000 to achieve $3,000,000 reserve contribution for 2012; $1 3M exists in the budget.