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Home My WebLink About017-2022DocuSign Envelope ID: DB857D66-209E-42FA-8F3D-58668BFD5A1F RESOLUTION NO. 17-2022 ACCEPTING THE MID -YEAR FINANCIAL REPORT, APPROVING MID -YEAR ADJUSTMENTS TO THE FISCAL YEAR 2021/22 OPERATING BUDGET WHEREAS, all revenue and expenditure projections, which were made in preparing the Fiscal Year 2021/22 Operating Budget, have been reviewed; and WHEREAS, the following mid -year adjustments to the Fiscal Year 2021/22 Operating Budget are recommended to reflect increased expenditure needs: General Fund - Expenditures • Increase General Fund expenditures Management by $14,000; • Increase General Fund expenditures Adult Services by $18,000; • Increase General Fund expenditures Senior Services by $10,000; • Increase General Fund expenditures Cultural Arts by $13,500; • Increase General Fund expenditures Facilities by $8,500; • Increase General Fund expenditures Sports and Fitness by $36,000; • Increase General Fund expenditures Teen Services by $18,000; • Increase General Fund expenditures Youth Services by $52,000; and • Increase General Fund expenditures - Maintenance Services - Equipment Maintenance by $30,000; increasing total General Fund expenditures from $23,390,924 to $23,590,924. - Recreation, Arts - Recreation, - Recreation, - Recreation, - Recreation, - Recreation, and Community Services - Arts and Community Services - Arts and Community Services - Arts and Community Services - Arts and Community Services - Arts and Community Services - - Recreation, Arts and Community Services - - Recreation, Arts and Community Services - Special (Restricted) Revenue - Expenditures • Increase Donations expenditures - Police Services - Management by $10,000; • Increase - Engineering expenditures - Development Services - Engineering by $80,000; • Increase - Building/Planning - Advance Planning Fee Fund expenditures - Development Services - Planning by $40,000; • Increase Building/ Planning expenditures - Development Services - Building by $100,000; and • Increase LLAD Zone C expenditures - Maintenance Services - Street Light by $35,000; increasing total Special Revenue expenditures from $10,022,461 to $10,287,461. WHEREAS, sufficient funding is available in the Town's funds; now, therefore, be it RESOLVED, that the Danville Town Council hereby approves the mid -year adjustments to the Fiscal Year 2021/22 Operating Budget. DocuSign Envelope ID: DB857D66-209E-42FA-8F3D-58668BFD5A1F APPROVED, by the Danville Town Council at a regular meeting held on March 1, 2022, by the following vote: AYES: Arnerich, Fong, Morgan, Stepper, Storer NOES: None ABSTAINED: None ABSENT: None r.--DocuSigned by: MAYOR APPROVED AS TO FORM: ATTEST: DocuSigned by: E 4; R. E444.41 895C6C4OADBF4BF... EDocuSi 71735A3F04C942F... '-- 7095EBBD2D04475... CITY ATTORNEY CITY CLERK PAGE 2 OF RESOLUTION NO. 17-2022