HomeMy WebLinkAboutBudget Adjustment-Golf Carts-15BUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2021
Expense Accounts to Receive Increased Budget:
Account:51437702 Amount:74,500 Name:CART PURCHASE-15-2021
Account:Amount:Name:
Account:Amount:Name:
TOTAL:74,500
Accounts Where Budget is Coming From:
Account:5139800 Amount:74,500 Name:LOAN PROCEEDS-GOLF CARTS
Account:Amount:
Account:Amount:
TOTAL:74,500
Net Expense less Revenue - (This must be zero)
Coming From:Contingency:put back into contingency to carryover
Other Expense:
New Revenue:74,500
TOTAL INCREASE 74,500
Reason for the Increase:
Signed:
Dept Head:Date:
CFO:Date:
Balance of Contigency Before Above Request:
Mayor:Date:
Approved by the City Council (*if necessary) on this Date:
*City Council approval required if:
1)$10,000 or more is taken from Contingency
2)$50,000 or more is a change in a Capital Purchase
3)New Full-time Regular personnel positions
4)Additional Full-time Regular personnel
5)New Types of Major Programs
Purchase 15 more carts at Teton Lakes. City and County will fund them as an internal CD at 50%
each owner ($37,250 approximately). We will amortize the payback on these carts over 5 years at
Golf
2% interest. Carts in 2018 were financed at 3%. First payment will be due 1 year from payment
of invoice and added to budget for Fiscal Year 2022.