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File #: 22-1063    Version: 1 Name:
Type: Discussion Items Status: Passed
File created: 10/24/2022 In control: Council Work Session
On agenda: 11/1/2022 Final action: 11/1/2022
Title: Budget Adjustment: Mayor's Finance Requests True-Up Transfers for 2022 ARPA Expenditure Category 6.0 - Provision of Government Services and Estimated Project Spend in 2022.
Attachments: 1. Staff Report, 2. 27059-27069 ARPA true up

Requested Agenda Date:

11/1/2022

 

Requested Agenda Title:

Title

Budget Adjustment: Mayor’s Finance Requests True-Up Transfers for 2022 ARPA Expenditure Category 6.0 - Provision of Government Services and Estimated Project Spend in 2022.

Body

 

Requested Agenda Item Description: True-up transfers for 2022 ARPA EC6.0 Provision of Government Services as well as for estimated project spend in 2022.

For projects where some expenses have been delayed until 2023, the transfer budget is being moved to 2023 to align transfers with projected expense for each year. This true-up includes swapping an ARPA transfer with a transfer from the General Fund for project costs reimbursed by FEMA.

 

Requested Action: Discussion - Vote Needed

 

Presenter(s) (with titles): Hoa Nguyen, Budget and Policy Analyst, Council 

 

Time Needed: 5 MINS

 

Is this Item Time-Sensitive and/or Requesting a Time-Certain? No

 

Requesting Staff Member: Darrin Casper, Deputy Mayor of Finance and Administration CFO

 

Are Supporting Documents Needed for this Agenda Item Request? Yes