HomeMy WebLinkAbout2026 SCHOOL DISTRICT PROPERTY BUDGET AJE - Asbestos RemovalBUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2026
Expense Accounts to Receive Increased Budget:
Account:44431-5700 Amount:700,000 Name:
DOWNTOWN JR. HIGH PROPERTY-URA
REIMBURSEMENT
Account:Amount:Name:
Account:Amount:Name:
TOTAL:700,000
Accounts Where Budget is Coming From:
Account:44431-3762 Amount:700,000 Name:CONTRIBUTIONS-URA
Account:Amount:Name:
Account:
TOTAL:700,000
Net Expense less Revenue - (This must be zero)
Coming From:Contingency:put back into contingency to carryover
Other Expense:
New Revenue:700,000
TOTAL INCREASE -
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
$700 K in FY26 Budget and $300 K in FY27 Budget.
The City is using our bidding forms and Engineers to help with the bidding/payment process
for the asbestos removal and demolition of the Old Junior High Property(s) on Mainstreet.
URBAN RENEWAL
We estimate the total current cost at $1,000,000. Will be billed back to URA as a contribution once
complete and paid for by city. The net cost to the City of Rexburg will be zero.