Summary As part of its normal procedures, the Finance Department routinely performs reviews of the actual and anticipated receipts, as well as expenditures for each fund and department. The purpose of this item is to recognize and appropriate previously unanticipated revenue received since the adoption of the Fiscal Year 2015 Budget. Corresponding expense accounts must also be appropriated in order to maintain a balanced budget.
A breakdown of the amendment by fund is as follows:
The General Fund Budget will be increased by $1,348. The Alachua Police Department has been awarded an Edward Byrne Memorial Justice Assistance Grant to purchase tactical holsters for the FOCUS Team. Grant funding is being provided through the Florida Department of Law Enforcement. There is no required match for this grant.
If approved, the Fiscal Year 2015 amended budget total would be $36,465,795. A resolution is required to effect this change. |