Item 3: Adopt Suppl.Budget 3 - Laserfiche WebLink

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Planning and Development Department for the Walnut Street Mixed-Use Center. · Recognize $122,000 in revenue and increase intergovernmental expenditure authority by the same amount for Municipal Court pass-through revenue to Lane County and the State of Oregon. · Recognize $109,475 in revenue for reimbursable charges and grant revenue and increase the Fire and Emergency Medical Services Department budget by the same amount. Other Funds The changes proposed in the Non-General Fund budgets are: · Youth and School Services Local Option Levy Fund - Increase the intergovernmental expenditure budget authority by $150,000 and decrease the reserve by the same amount to transfer property taxes collected to the 4J and Bethel School Districts. · System Development Capital Projects Fund - Recognize $1,220,000 in revenue and increase intergovernmental expenditure authority by the same amount for the Metropolitan Wastewater Management Commission budget. The higher amount reflects the rate increase approved by the commission following the preparation of the FY05 budget. · Municipal Airport Fund - Recognize $184,000 in additional airport parking revenue and increase the expenditure authority in the Public Works Department by the same amount for payment of the parking management contract and purchase of airport operations equipment for the new runway. · Wastewater Utility Fund - Recognize $1,445,000 in revenue and increase intergovernmental expenditure authority by the same amount for the Metropolitan Wastewater Management Commission budget. The higher amount reflects the rate increase approved by the commission following the preparation of the FY05 budget. · Facilities and Fleet Services Fund: o Increase expenditure authority in the Central Services operating budget by $164,189 to meet higher-than-anticipated costs by decreasing the Energy Fluctuation Reserve by $123,604 and Balance Available by $40,585 in the Facilities Services Subfund. o Increase the expenditure authority in the Public Works operating budget by $147,500 and decrease Balance Available in the Fleet Services Subfund by the same amount for higher- than-anticipated gasoline costs. · Risk and Benefits Fund - Increase the Central Services budget by $1,000,000 and reduce Balance Available by the same amount. The increase will cover the actuary's estimate of the higher claims costs and reserve increases required due to poor claims experience in general liability. Expenditure authority is needed immediately to carry out City Council direction or to meet legal or program requirements. RELATED CITY POLICIES Not applicable. COUNCIL OPTIONS This is the last supplemental budget of the fiscal year. In certain cases there may be a financial or legal impact to delaying or denying budget approval. The council may adopt amended appropriation amounts or funding sources for specific requests in the supplemental budget. L:\CMO\2005 Council Agendas\M050613\S0506133.doc