Page 232 - CityofWataugaAdoptedBudgetFY25
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ECONOMIC DEVELOPMENT CORPORATION
BUDGET CHANGES
Fiscal Year 2024-2025 Compared to Fiscal Year 2023-2024 Budget
DESCRIPTION CATEGORY ONE-TIME ON-GOING CHANGE EXPLANATION
Business Retention:
Incentive Fund Contractual/Sundry 50,000 Beautification Program addition
Business Attraction:
Incentive Fund Contractual/Sundry 10,000 380 Agreement adjustment
General Administration:
Software Maintenance Maintenance (700) Adobe Suites License adjustment
Dues & Subscriptions Contractual/Sundry 50 TEDC dues increase
Attorney Fees Contractual/Sundry (5,000) Usage analysis adjustment
Contractual Services Contractual/Sundry (2,000) Civic Plus annual fee removal
Transfers;
Transfer to General Fund Transfers 32,640 Allocation adjustment
Transfer to Capital Projects Fund Transfers 90,000 Splashpad redesign (50%)
Transfer to Capital Projects Fund Transfers 10,000 Contingency
Transer to General Oblig. Debt Transfers 1,000 Allocation adjustment
TOTALS: $143,640 $42,350
$185,990 NET INCREASE/DECREASE
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