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HomeMy WebLinkAbout2022 Budget Adjustment Maker Space INL GrantBUDGET ADJUSTMENT REQUEST FORM Dept:Fiscal Year Affected:2022 Expense Accounts to Receive Increased Budget: Account:83454-5350 Amount:15,000 Name:SMALL EQUIP.-ENTREPRENEURAL MAKER SPACE Account:95499-4983 Amount:15,000 FUND TFR OUT -ENTREPRENEURIAL FUND TOTAL:30,000 Accounts Where Budget is Coming From: Account:83399-3995 Amount:15,000 FUND TFR IN-501 C3 Account:95438-3760 Amount:15,000 Name:CONTRIBUTIONS/PRIVATE GRANTS TOTAL:30,000 Net Expense less Revenue - (This must be zero) Coming From:Contingency: Other Expense: New Revenue:15,000 TOTAL INCREASE 15,000 Reason for the Increase: Signed: Dept Head:Date: CFO:Date: 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 We received an additional grant from the INL for the buildout and equipment of the maker space in the back of city hall. The grant was received by our 501 C3 (Rexburg City Community Education and Economic Development and Culture Incorporated) and would need to be transferred to the entrepreneural fund.