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December 10, 2018, Meeting – Item 5 <br /> <br /> <br />Total funds suggested for appropriation on this supplemental budget in the Main Subfund of the General Fund is $17,347,754 consisting of the following: <br />Source Amount MBWC adjustment $10,387,970 FY19 Adopted Reserve for Encumbrances 2,985,375 Additional Local Marijuana Tax Revenue 675,000 Liquidate Property Tax Appeals Reserve 500,000 Liquidate Excess Local Marijuana Tax Reserve 49,177 Reserve for Revenue Shortfall (RRSF) 2,750,232 <br />Total funds available for appropriation $17,347,754 The City Manager is recommending that the MBWC adjustment funds, additional Local Marijuana Tax Revenue, and reserve accounts be utilized for several targeted, strategic investments to continue making progress on council, community and organizational priorities. In addition, the City Manager is recommending the reappropriation of funds for items previously approved by City Council and redirecting the annual capital transfer to the General Capital Projects Fund to a capital transfer for Homeless Shelter Options. A summary of the General Fund reserve for encumbrance, reappropriations and other uses of MBWC is included in Attachment A. The proposed disposition of these funds is as follows: <br />Description Amount <br />Actual prior fiscal year encumbrances $2,126,870 <br /> <br />Reappropriation of prior project funding Homeless Shelter Options $1,000,000 Downtown Operations 777,654 Urban Reserves 484,588 2021 World Championships Funds 472,667 Recreation Registration System Replacement 288,401 Economic Prosperity Strategic Reserve Fund 135,399 Climate Recovery Ordinance Implementation 122,438 Community Court 105,000 Housing and Neighborhood Activities 100,000 Metro Area Branding and Marketing 100,000 Equity in Contracting 88,941 Pillar 7 Growth Monitoring Data 74,500 Neighborhood Matching Grants 57,326 Community Safety Initiative 50,888 River Road/Santa Clara Neighborhood Plan 34,247 River Road/Santa Clara Neighborhood Funds 30,165 University Neighborhood Plan 30,000 Sister Cities Program 29,670 Total Reappropriation Requests: $3,981,884 <br />