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HomeMy WebLinkAbout2026 Budget Adjustment Steiner Park-BYUIBUDGET ADJUSTMENT REQUEST FORM Dept:Fiscal Year Affected:2026 Expense Accounts to Receive Increased Budget: Account:38438-5704 Amount:200,000 STEINER PARK DEVELOPMENT Account:Amount: Account:Amount: TOTAL:200,000 Accounts Where Budget is Coming From: Account:38438-3762 Amount:200,000 URA CONTRIBUTION Account:Amount: Account:Amount: Account:Amount: TOTAL:200,000 Net Expense less Revenue - (This must be zero) Coming From:Contingency:- Other Expense: New Revenue:200,000 TOTAL INCREASE 200,000 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 Parks This was originally in the FY 2025 Budget, but did not get formalized with BYUI until the new FY 2026 Budget. The agreement would be to trade a credit of $200,000 for future use towards impact, capacity, building fees, etc. Renewal would reimburse the City $200,000 for the land and has in their budget to develop the 5.02 acres this Fiscal Year. with BYUI in exchange for approximately 5.02 acres located to the east of the Steiner Park. Urban