HomeMy WebLinkAbout2027 Budget Adjustment street transportation studyBUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2027
Expense Accounts to Receive Increased Budget:
Account:02431-5615 Amount:200,000 TRANSPORTATION STUDY
Account:Amount:
Account:43399-3902 Amount:20,000 FUND TFR IN-STREET OPERATIONS (Reduce)
Account:Amount:
TOTAL:220,000
Accounts Where Budget is Coming From:
Account:02431-3320 Amount:160,000 FEDERAL GRANT
Account:02431-3760 Amount:20,000 BYUI CONTRIBUTION
Account:02499-4943 Amount:20,000 FUND TFR-STREET REPAIR FUND (Reduce)
Account:Amount:
Account:43431-3999 Amount:FUND BALANCE CARRYOVER (Increase)
TOTAL:200,000
Net Expense less Revenue 20,000 (This must be zero)
Coming From:Contingency:
Other Expense:20,000
New Revenue:200,000
TOTAL INCREASE 220,000
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
STREETS
City Awarded a Federal Grant through LHTAC (State) for a public transportation study. The Grant is an 80/20 grant
with local entity providing 20% match. Total Estimated Cost is $200,000. Grant to pay $160,000. BYUI to pay
$20,000 and city street operating fund to pay $20,000 by reducing its Yearend transfer budget by $20,000 to the
street reconstruction fund 43.