Title
Consider adopting Ordinance No. 3440 amending the City's 2016-17 Fiscal Year Operating Budget, amending the Capital Improvements Program Budget, directing City expenditures be made in accordance with the budget as amended; and take appropriate action.
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BACKGROUND:
City Administration has presented the City Council with updated operating and capital improvement program budget projections as part of the Mid-Year Budget Review earlier this afternoon. A comprehensive Financial Conditions Analysis report has also been presented. The proposed mid-year budget meets the multi-year financial objectives approved by the City Council.
Overall, General Fund expenditures were originally approved at $55,272,300 and the proposed mid-year budget reflects a decrease of $352,100 or total expenditures of $54,920,200. The recommended General Fund adjustments, by category, are:
Personal Services & Benefits increased $948,100 due primarily to the implementation of the 2015-16 compensation study and the distribution of merit/retention pay throughout departments (funding for these expenditures was held in Non-Departmental Other Objects - Personnel Reserve), which have been partially offset by position vacancies.
Purchased Professional & Technical Services increased $52,100 due to an expense for contracted staffing as a result of a position vacancy (position vacancy resulted in savings within the Personal Services & Benefits category and is reflected in the total above).
Supplies increased $32,700 due to unexpected hardware expenses for the North Texas Emergency Communications Center totaling $17,100 and the reclassification of the Everbridge Emergency Notification System subscription totaling $15,600 from a fixed asset account.
Repairs & Maintenance increased $79,800 due to the addition of a joint Dallas County roadway project totaling $150,000 (offset by revenue) and increased maintenance costs for the City's agenda system totaling $3,900. The total category inc...
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