Item 3: PH and Action - Supplemental Budget #3

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The Public Works Department is recognizing grant revenue of $63,350 received from the State Recreational Trails Program and is increasing appropriations for the Ridgeline Wayfinding and Trailhead Improvement Project. Non-General Fund The Community Development Fund is recognizing $500,000 in additional HUD HOME grant revenues and increasing expenditure authority to reimburse payments to Springfield for grant related expenditures. The Planning and Development Department is also increasing expenditure authority for the VetLIFTIII acquisition cost, and reducing CDBG/HOME revolving fund loans according to the plan approved by the City Council on March 10, 2008. Intergovernmental Pass-Throughs The Public Safety Answering Point Fund is increasing intergovernmental pass-through revenue and offsetting expense appropriation of $215,000 for additional 911 revenues collected through telephone excise taxes. The Systems Development Capital Projects Fund is recognizing $200,000 in intergovernmental pass- through revenues collected on behalf of the Metropolitan Wastewater Management Commission (MWMC) and appropriating pass-through expenditure authority to forward the revenues to the MWMC. Capital Projects The General Capital Projects Fund is requesting an increase of $40,000 for the Olympic Trials Autzen Path Lighting Project using revenues received from the University of Oregon. The Road Capital Projects Fund is moving $40,000 from Balance Available to allow project teams to respond to requests from neighborhood associations and other City departments for transportation capital planning support for projects such as siting a hospital in Eugene and for developing costs estimates to improve unimproved streets such as Bond Lane. The Stormwater Utility Fund is recognizing and requesting appropriation authority for a $10,000 increase to a grant received from the Bureau of Land Management (BLM) for the Tsanchifen Walk Project. The Transportation Utility Fund is appropriating $212,000 from Balance Available to the capital budget in order to spend the two-cent motor vehicle fuel dealer’s tax revenues received following the council’s extension of the tax in February. FY08 revenues were estimated at the higher level; however, the expenditure authority was reduced in the annual budget to reflect the February sunset date. Timing Expenditure authority is needed immediately to carry out council direction or to meet legal or program requirements. RELATED CITY POLICIES These transactions conform to the City’s Financial Management Goals and Policies. Z:\CMO\2008 Council Agendas\M080609\S0806093.doc