HomeMy WebLinkAbout137-98 RESOLUTIONer
•
•
•
RESOLUTION NO. 137-98
A RESOLUTION APPROVING A BUDGET ADJUSTMENT TO
REIMBURSE AND SUPPLEMENT THE IN-HOUSE PAVEMENT
IMPROVEMENT PROGRAM.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
Section 1. The City Council hereby approves a budget adjustment increasing Street
hnprovements, Acct. No. 2100 5500 5809 00, Project No. 97022 1, in the amount of $92,000; and
Street Improvements, Acct. No. 4470 9470 5809 00, Project No. 97022 1, in the amount of $120,000
by decreasing Street Improvements, Acct. No. 2100 5500 5809 00, Project No. 92094 1, in the
amount of $92,000 and Use of Fund Balance, Acct. No. 4470 0947 4999 99, in the amount of
$120,000. A copy of the budget adjustment is attached hereto marked Exhibit "A" and made a part
hereof.
,i«i«««.,•.P,ASSED AND APPROVED this
/'.
. _.9
c.
;a
•
. •w.,•
......
A'TTE'ST:
•
•
•
•
•
•
•
By: JG //7e�
Heather Woodruff, City Clerk
20th day of October , 1998.
APPROVE'/:
By. l A. /
red Hanna, Mayor
City of Fayetteville, Arkansas
Budget Adjustment Form
EXHIBIT A
Budget Year Department Sales Tax Capital Improvements
1998 'vision:
gram:
Date Requested
10/07/98
Adjustment #
Project or Item Requested:
Additional funding is requested for the In -House Pavement
Improvement Project, project #97022.
t
y�.
Project or Item Deleted:
None. Reallocation of the remaining project funding for
Borick Drive (Commerce Drive) Improvements and use of fund
balance.
i r.)r—
nR
P..}"t a.
Justification of this Increase: r
The additional funding is needed to complete the street overlay
project in the Community Development Target Area and to add
funding to complete the remaining 1997 cavy over streets. -
y..
usbficahon of thus Deere -a ee:'';.4 _ ..L Audis t •
Bonet Drive aas eaistmcted by City crews and is complete.
Sufficient fundse`aist in Sates Tax Capital Improvements Fund to
fiord this request and comply with City policy. :.
'4 51-'e
S ti
ea
I. •
• e-
.
Increase Expense (Decrease Revenue)
Account Name Amount
Street Improvements 92,000
Street Improvements 120,000
Account Number Project Number
2100 5500
5809 00 97022 1
4470 9470
5809 00 97022 1
Decrease Expense (Increase Revenue)
Account Name Amount
Street Improvements
92,000
Use of Fund Balance 120,000
Account Number
2100
5500 5809
Project Number
00 92094 1
4470 0947 4999 99
Approval Signatures
/GI —7-98
Date
B d a..rdinator Date
Date
nn.n
Budget Office Use Only
Type: A B C �.=J
Date of Approval
Posted to General Ledger
Posted to Project Accounting
Pntn..e.4 in r,tannn. 1 nn