Page 168 - Watauga FY21 Budget

SPECIAL REVENUE FUNDS

BUDGET CHANGES

Fiscal Year 2020-21 Compared to Fiscal Year 2019-20 Original Budget

DEPARTMENT: ECONOMIC DEVELOPMENT
DIVISION / ACTIVITY: ECONOMIC DEVELOPMENT CORPORATION - FUND 04

DESCRIPTION CATEGORY ONE-TIME ON-GOING CHANGE EXPLANATION
CHANGES:
Business Retention - Advertising Contractual/Sundry ($2,500) Needs Adjustment
Business Retention - Contract Svcs Contractual/Sundry ($8,000) Contracts Adjustment
Business Retention - Incentive Fund Contractual/Sundry ($1,000) Needs Adjustment
Business Rentention - Events Contractual/Sundry ($500) Needs Adjustment
Business Attraction - Advertising Contractual/Sundry ($3,500) Needs Adjustment
Business Attraction - Contract Svcs Contractual/Sundry ($21,000) Contracts Adjustment
Business Attraction - Incentive Fund Contractual/Sundry ($1,000) Needs Adjustment
Gen. Admin. - Office Supplies Supplies ($500) Needs Adjustment
Gen. Admin. - Wearing Apparel Supplies ($1,000) Needs Adjustment
Gen. Admin. - Software Maintenance Maintenance ($4,000) Needs Adjustment
Gen. Admin. - Communications Contractual/Sundry ($1,000) Needs Adjustment
Gen. Admin. - Travel Expense Contractual/Sundry $600 Training Adjustments
Gen. Admin. - Dues & Subsciptions Contractual/Sundry $200 Keller Chamber Membership Addition
Gen. Admin. - Training Contractual/Sundry ($990) Training Adjustments
Gen. Admin. - Attorney Fees Contractual/Sundry $10,000 Projection Adjustment
Gen. Admin. - Community Relations Contractual/Sundry ($9,000) Needs Adjustment
Gen. Admin. - Contract Svcs Contractual/Sundry ($2,000) Contracts Adjustment
Gen. Admin. - Computer Software Capital Outlay ($5,000) Needs Adjustment
Transfer to General Fund Transfers $37,489 Allocation Adjustment
Transfer to Debt Obligation Transfers $57,325 Allocation Adjustment
CHANGES TOTAL: $0 $44,624

TOTALS: $0 $44,624

$44,624 NET INCREASE/DECREASE

Note: No reallocations for this department

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