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HomeMy WebLinkAbout2025 Budget Adjustment LHTAC SAFETY GRANT FY25 2ND EAST-YELLOWSTONE TO MOODYBUDGET ADJUSTMENT REQUEST FORM Dept:Fiscal Year Affected:2025 Expense Accounts to Receive Increased Budget: Account:44431-5766 Amount:250,000 2ND E & YELLOWSTONE TO MOODY-WIDEN, LIGHTS, SIDEWALK-FEDERAL GRANT (92.66% FUNDED) Account:Amount: Account:Amount: TOTAL:250,000 Accounts Where Budget is Coming From: Account:44431-3320 Amount:231,700 FEDERAL GRANT (FLOWS THROUGH STATE W/LTHAC) Account:44431-3999 Amount:18,300 FUND BALANCE CARRYOVER Account:Amount: TOTAL:250,000 Net Expense less Revenue - (This must be zero) Coming From:Contingency: Other Expense: New Revenue:250,000 TOTAL INCREASE 250,000 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 NEW STREET LHTAC SAFETY GRANT ON 2ND EAST FROM YELLOWSTONE TO MOODY. ADD LIGHTS, WIDEN ROAD IN SOME LOCATIONS, AND ADD SIDEWALK WHERE NEEDED. TOTAL MATCH 7.34% FROM OUR CARRYOVER IN THAT FUND. 92.66% FUNDED BY FEDERAL GRANT PASSED THROUGH STATE. CONSTRUCTION TO OCCUR IN 2026. DESIGN TO OCCUR IN FY 25-ESTIMATED AT $250,000