Item 5: PH on Resolution Adopting Supplemental Budget #1

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010 General Fund e) These transactions move $110,424 from the Contingency account to department operating budgets: Central Services - November 7, 2006 Special Election (Council approved 6/12/2006)44,924$ - November 7, 2006 Voter's Pamphlet (Council approved 6/12/2006) - November 7, 2006 Neutral Information Mailing (Council approved 6/12/2006) Planning & Development Eugene Celebration free parking in garages reimbursement. Transfer to Parking Fund. 7,500 (Council approved on 8/14/2006) Public Works Additional funds for Crest Drive Context Sensitive Solution Street Design Study 58,000 Transfer to Road Capital Projects Fund. Total Contingency110,424 f) Increase expenditure authority by $87,710 in the Library, Recreation and Cultural Services Department and decrease the Reserve for Revenue Shortfall by the same amount to correct the FY07 Echo Hollow Pool Facilites Maintenance Decision Package. g) Recognize asbestos abatement settlement on old library of $226,964 and transfer the same amount to the Facilities Services Fund. AIRS Subfund: a) Decrease Beginning Working Capital by $233,592 and decrease the Central Services operating appropriation by the same amount to match the audited Beginning Working Capital. Cultural Services Subfund: a) Increase Beginning Working Capital by $391,043 and increase the Cultural Services Reserve by the same amount to adjust Beginning Working Capital to audited levels. h)Reduce the LRCS department operating appropriation by $12,061 to reconcile the amount estimated for payment of obligations incurred but not paid in FY06 to the actual amount paid and increase the Cultural Services Subfund reserve by the same amount.