Page 211 - Watauga FY22-23 Budget

SPECIAL REVENUE FUNDS

BUDGET CHANGES

Fiscal Year 2022-2023 Compared to Fiscal Year 2021-2022 Original Budget

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

DESCRIPTION CATEGORY ONE-TIME ON-GOING CHANGE EXPLANATION

CHANGES:
Business Retention - Special Services Contractual/Sundry ($10) minor adjustment in business anniversaries
Business Retention - Advertising Contractual/Sundry ($500) advertising adjustments
Business Retention - Contractual Svcs Contractual/Sundry ($13,450) Programs Adjustments
Business Retention - Events Contractual/Sundry $1,000 State of the City Program
Business Attraction - Advertising Contractual/Sundry ($6,600) Programs Adjustment Needs
Business Attraction - Contractual Svcs Contractual/Sundry ($6,000) Program Cost Reduction
Business Attraction - Events Contractual/Sundry $50 Program Cost Adjustment
General Administration - Office Supplies Supplies ($100) Estimated Needs Adjustment
General Administration - Postage Supplies ($100) Estimated Needs Adjustment
General Administration - Software Maint. Maintenance $1,100 Software Price Increase & Addition
General Administration - Travel Contractual/Sundry $600 Additional Needs for ED Coordinator Position
General Administration - Dues & Subsc. Contractual/Sundry $1,100 Additional Dues for ED Coordinator Position
General Administration - Training Contractual/Sundry ($5,000) Training Adjustments
General Administration - Printing & Binding Contractual/Sundry ($830) Printing Needs Adjustment
General Administration - Attorney Contractual/Sundry ($25,000) Estimated Legal Costs Adjustment
General Administration - Community Relations Contractual/Sundry ($1,200) Community Enrichment Center Gala Deletion
General Administration - Contractual Svcs Contractual/Sundry ($10,000) Gov Pilot Deletion
General Administration - Contractual Svcs Contractual/Sundry $1,500 Zac Tax Sales Tax Platform Addition
General Administration - Contractual Svcs Contractual/Sundry $7,600 Interactive Web Map & WEDC Website
General Administration - Capital Outlay Contractual/Sundry ($2,500) Delete Financial Impact Anaylsis Software
Transfers Transfers $17,822

TOTALS: $15,322 ($55,840)

($40,518) NET INCREASE/DECREASE

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