HomeMy WebLinkAbout2023 TETON RIVER PARK BUDGET ADJUSTMENTBUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2023
Accounts to Receive Increased Budget:
Account:38438-5703 Amount:326,500 Name:TETON RIVER PARK DEVELOPMENT
Account:Amount:Name:
Account:Amount:Name:
Account:Amount:Name:
TOTAL:326,500
Accounts Where Budget is Coming From:
Account:38438-3999 Amount:326,500 Name:FUND BALANCE CARRYOVER
Account:Amount:Name:
Account:Amount:Name:
Account:Amount:Name:
TOTAL:326,500
Net Expense less Revenue - (This must be zero)
Coming From:Contingency:
Other Expense:
New Revenue:326,500
TOTAL INCREASE 326,500
Reason for the Increase:
not be completed until Fiscal Year 2024. We would project a carryover in that fund of around $50,000 at
the end of Fiscal Year 2023 if this whole project is completed on time.
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
Already have $160,000 in the budget in Fiscal Year 2023. Total budgeted cost $486,500. Will likely
This would be to enter into a contract with MGB+A to do the site analysis, design, construction bid
documents, and other administration and survey work for the new park on the Teton River property.
PARKS
Construction of the park would come later. The funds to pay this would come from impact fees that are
currently saved up in the impact fund. This would be the primary project we work on in Fiscal Year 2023.