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April 12, 2018 City Council Regular Meeting
22. Motion to Approve Supplemental Amendments to the 2017 Budget Ordinance
Strategic Priority
Good Government

During the year, supplemental budget adjustments are necessary to maintain the adopted legal level of control set forth in the 2017 Budget Ordinance. These supplemental appropriations may modify expenditures and revenues within any fund. This adjustment also includes changes to the Capital Improvement Fund.

This supplemental appropriation will:

  • Increase the budget for certain General Fund revenues in recognition of projected 2017 collections being higher than the original budget by $6,933,537. Of this total variance, the 2017 amended revenue budgets will be increased by an additional $5,250,000 in recognition of additional sales tax, insurance premiums tax, fines and penalties, hotel/motel tax, payment in lieu of taxes, and other revenues received during FY17.
  • Provide a contribution to the General Fund Balance in the amount of $2,500,000. The unassigned fund balance provides reserves to be used in the event of a financial emergency, including a natural disaster.
  • Transfer $7,500,000 in additional revenues and saved expenses to the Capital Improvements Fund for the following purposes in FY18:
    • One time 1% performance incentive for employees
    • Cultural Arts Center Construction Project
    • Montgomery Street Redirection Project
    • MPC amended agreement
    • Relocation of the Revenue Department from the Broughton Muncipal Building
    • Payment of Debt Service related to the Fairgrounds property
    • IT/malware equipment recovery
    • Pay/class/comp study
    • Facility repairs and improvements
    • Rental of backhoe for the Cemeteries Division of the Real Estate Services Department
    • Relocation contingency

The Fiscal Year 2017 Budget was approved by the City Council on December 22, 2016. The second amendment to the budget was approved on August 31, 2017.  This amendment is the third and final FY17 Budget Amendment.



Melissa Carter, Chief Budget Officer
Financial Impact
This amendment positively impacts the City's fund balance, and provides additional funds for appropriation in FY18.
Review Comments
Final 2017 Budget Amendment Ordinance.pdf
FY2017 Closeout Information.pdf
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