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Topics of Discussion  
Council Work Session
 
Meeting Date:
09/21/2021
Supplemental Appropriations
Submitted By:
Jim Bell
Department:
Division:
Accounting
Council Committee Review?:
Council Work Session
Date(s) of Committee Review:
09/21/2021
Audio-Visual Needs:
None
Emergency Legislation?:
No
Motion/Ordinance/
Resolution No.:
Agenda Item Description or Legislation Title
Supplemental Appropriations
Purpose and Background
The supplemental appropriations are for the following purposes:
- $175,000 for design of east water line extensions (covered by a transfer of ARPA Fund grant proceeds).
- $280,000 for design of east sewer line extensions (covered by a transfer from Sewer Fund).
- $21,000 for an increase to fuel for Fire vehicles.
- $162,410.24 for accounting expenses and a PILOT payment to HH schools (covered by new Lexington Place TIF revenues).
- $6,875,450 to pay off the 2013 Aquatic Center bonds (covered by bond refinancing proceeds).
- $100,000 for design modifications to the Chambersburg Road widening Phase IV project.
- $360,141 for the Energy Lease improvements to Fire Stations 22 and 23 (covered by lease proceeds).
- $14,550 for salary expenses for new Fire Inspector not in original 2021 Budget.
Fiscal Impact
Source of Funds:
Various Funds
Cost:
$415,550
Recurring Cost? (Yes/No):
No
Funds Available in Current Budget? (Yes/No):
Yes
Financial Implications:
Lexington Place TIF revenues will be added to the 2021 Budget. ARPA Fund revenues will be transferred to cover the Water expenses. Bond proceeds from the Aquatic Center refinancing will cover the expenses of the financing for the Bond Retirement Fund. New energy lease proceeds will cover the expenses for the Fire Capital Fund. Therefore, those transactions have no fiscal impact on the budget.
Attachments
Ordinance
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