Since a budget is essentially a financial plan, it is sometimes necessary to modify the budget to match actual expenses and revenues. The table below shows the modifications made to the budget for Fiscal Year 2020.
Revenues
- A slight change in revenue to add a budget for recreation concession revenue.
- Additional surplus revenues were collected in FY 2020 and carried over in Fund 41-Capital Projects Fund.
- PAR Tax budget revenue was increased to match actual collections.
- Increase to Alcohol Enforcement grant for extra shifts in FY 2020.
- A budget was created for the Local Building Authority which was a fund created during the current fiscal year.
Expenses
- Building Inspector expense increases are also related to growth in the community.
- An account for the transfer of Parks dedicated PAR tax to the Capital Project Fund was created along with a budgeted expense.
- Increase to Alcohol Enforcement expense account for extra shifts in FY 2020.
- Expense budget for the Local Building Authority was created.