Laserfiche WebLink
Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update <br />December 21, 2021 <br />Page 10 <br />2 <br />3 <br />6 <br />1 <br />Expenditures (328,791,570)(328,791,570) <br />Net Transfers to <br />Other Funds <br />(24,703,590)(24,703,590) <br />Net Activity $(12,550,960)$4,029,040 <br />If City Council approves the staff recommendation, FY21-22 recurring expenditures will <br />increase by $3,066,900 (with an annualized estimate of $6,083,800 for FY22-23). <br />Staff recommends the following appropriation adjustments. <br />Adjustments for General Fund contributions to other funds: <br />Fiscal <br />Year <br />Accounting Unit - <br />Account # <br />Fund <br />Description <br />Accounting Unit, <br />Account <br />Description <br />Amount <br />FY 21-22 01106019-68000-XX General Fund Inter-Fund Transfers <br />Service <br />Enhancement, <br />Transfer Out <br />$10,800,000 <br />FY 21-22 06717002-59000-11 SARTC <br />Operations <br />Transfer In to <br />Train Station <br />Enterprise Fund <br />$1,900,000 <br />FY 21-22 08X09002-59000-11 General <br />Liability / <br />Workers’ <br />Compensation <br />Transfer In to <br />General Liability / <br />Workers’ <br />Compensation Fund <br />$1,500,000 <br />FY 21-22 08109002-59000-11 Benefits Fund Transfer In to <br />Employee Benefits <br />Fund <br />$3,400,000 <br />FY 21-22 07317002-59000-11 Building <br />Maintenance <br />Transfer In to <br />Building <br />Maintenance Fund <br />$2,500,000 <br />FY 21-22 07517002-59000-11 Fleet <br />Maintenance <br />Transfer In to Fleet <br />Maintenance Fund <br />$1,500,000 <br />Adjustments for one-time project costs: <br />Fiscal <br />Year <br />Accounting Unit- <br />Account # <br />Fund <br />Description <br />Accounting Unit, <br />Account Description <br />Amount <br />FY 21-22 011XX017-66220 General Fund PWA / PRCSA Service <br />Enhancement, <br />$1,450,000 <br />EXHIBIT 4