Page 7 - _

ORDINANCE NO. 04-25 PAGE 7

REASON FOR ADJUSTING THE TAX NOTE FUND APPROPRIATION:

During the budget process, staff proposed using short term debt for financing several capital
projects. Until the plan was approved by Council, the budget amounts were not included in
the budget numbers presented. This amendment will provide budget authorization for the
$2,500,000 in revenue and $2,500,000 in expenditures for the projects approved during
budget discussions.

Original Current Amended Increase /
Tax Notes - Capital Budget Budget Budget (Decrease)

Revenues:
Bond Proceeds $ - $ - $ 2,500,000 $ 2,500,000
Total $ - $ - $ 2,500,000 $ 2,500,000

Expenditures:
Capital Expenses $ - $ - $ 2,500,000 $ 2,500,000
Total $ - $ - $ 2,500,000 $ 2,500,000

REASON FOR ADJUSTING THE VEHICLE AND EQUIPMENT REPLACEMENT FUND
APPROPRIATION:

In the Vehicle and Equipment Replacement Fund, expenditures will increase by $1,752,271
from $4,959,438 to $6,711,709.

Expenditures will increase by $1,752,271 to re-appropriate funds budgeted in prior years for
outstanding purchase orders at September 30, 2024.

Original Current Amended Increase /
Vehicle & Equipment Replacement Fund Budget Budget Budget (Decrease)

Expenditures:
Vehicles & Equipment $ 4,959,438 $ 4,959,438 $ 6,711,709 $ 1,752,271
Total $ 4,959,438 $ 4,959,438 $ 6,711,709 $ 1,752,271

REASON FOR ADJUSTING THE TECHNOLOGY REPLACEMENT FUND
APPROPRIATION:

In the Technology Replacement Fund, expenditures will increase by $7,447 from $489,800 to
$4,97,247.

Expenditures will increase by $7,447 to re-appropriate funds budgeted in prior years for
outstanding purchase orders at September 30, 2024.