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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Appropriation <br />Agenda Date Requested:January11, 2021 <br />Source of Funds:001-General Fund <br />Requested By: <br />Shelley Wolny, Treasurer <br />Department: <br />Finance <br />Account Number:Various Accounts <br />Amount Budgeted:$0 <br />ReportResolutionOrdinance <br />Amount Requested:$1,948,265 <br />Exhibits:Ordinance, Exhibits A & B and Detail <br />Budgeted Item:YesNo <br />Information <br />SUMMARY& RECOMMENDATION <br />The City of La Porte City Council adopted the Fiscal Year 2020-21 Budget on <br />September 28, 2020. Staff is requesting a budget amendment for FY 2020-21 in the <br />amount of $1,948,265 for the CRF Funding Plan. The expenditures were originally <br />budgeted for in the Grant Fund; however, dueto the timing of the reimbursement <br />requests, the expenditures will need to be appropriated in the General Fund. Therefore, <br />the total budget will not change, but is being reallocated from one fund to another. As <br />shown in the chart below, the General Fundreflects an increase and the grant fund <br />reflects the comparable decrease. <br />The Summary of Funds, which is shown below, represents the amendments which <br />council previously approved to the FY 2020-21 Budget. (*denotes funds with current <br />changes) <br />FY 2021 Proposed FY <br />FY 2021Revised 2021 <br />Original Budget Amended <br />Budget(12/14/20)Budget <br />General Fund $ 60,835,130 $60,835,130 $ 62,783,395 * <br />Grant Fund10,555,40310,841,5688,893,303* <br />Street Maintenance Sales Tax 3,232,0003,232,0003,232,000 <br />Fund <br />Emergency Services District 1,376,3381,376,3381,376,338 <br />Sales Tax Fund <br />Hotel/Motel Occupancy Tax739,543739,543739,543 <br /> <br />