During the year, supplemental budget adjustments are necessary to maintain the adopted legal level of control set forth in the 2018 Budget Ordinance. These supplemental appropriations may modify expenditures and revenues within any fund. This adjustment also includes changes to the Capital Improvement Fund.

The elimination of the fire services fee requires adjustments to the 2018 Budget to offset the resulting loss in revenue.

This supplemental appropriation will:

• Recognize tax digest growth in the amount of $2,300,000 in additional revenue to the City
• Recognize $9,985,000 in additional revenue through adoption of a property tax rate of 13.40 mills
• Recognize Fire-related revenues to the General Fund in the amount of $147,396
• Reduce General Fund capital expenditures at Joseph Tribble Park by $410,000 by shifting improvements to SPLOST VI.
• Decrease FY18 OPEB contribution by $1,000,000
• Shift Arena Development District staff costs from the General Fund to SPLOST VI in the amount of $48,902
• Reduce General Fund expenditures by $500,000 by imposing hiring freeze for remainder of fiscal year
• Impose miscellaneous expense reductions totaling $228,758 across general operations
• Reduce contributions to the Metropolitan Planning Commission totaling $100,000
• Eliminate $1,000,000 in funding for the Early Childhood Program
• Eliminate enhanced tree stump removal funding totaling $200,000
• Reduce special events, sponsorships and community celebration funding in the amount of $147,050

Approval