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I1. Resolution 6165 Budget Amend General FundCITY OF City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 KALISPELL Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager FROM: Aimee Cooke, Finance Director SUBJECT: Resolution amending the fiscal year 2023 General Fund Budget MEETING DATE: October 16, 2023 BACKGROUND: During the regular meeting on October 2, 2023, City Council designated the October 16, 2023, meeting for a public hearing and amendment to the fiscal year 2023 General Fund budget. The proposed fiscal year 2023 budget amendment is to accurately address the repayment of the fy15 advance the General Fund provided to the Community Development fund by showing that the $1,056,532 transfer from the Community Development Fund were first allocated to the General Fund before any funds were transferred to the Westside TIF fund. This amendment is to document the internal transfer of funds and will have no effect on cash or the approved appropriation and source of funds. RECOMMENDATION: It is recommended that the Kalispell City Council adopt Resolution 6165, a resolution amending the General Fund of the City of Kalispell, Montana, as set forth in the 2022-2023 Budget adopted by the City Council. FISCAL IMPACT: $1,056,532 budget amendment for fund 1000. ATTACHMENTS: Resolution 6165 Fiscal year 2023 General Fund budget with amendment. RESOLUTION NO. 6165 A RESOLUTION AMENDING THE GENERAL FUND BUDGET OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2022-2023 BUDGET ADOPTED BY THE CITY COUNCIL. WHEREAS, on August 15, 2022, the City Council adopted Resolution 6092 adopting the annual appropriations of the City of Kalispell for fiscal year 2022-2023; and WHEREAS, in the budget adopted by the City of Kalispell for the 2022-2023 fiscal year, it is necessary to document the transfer of funds into and out of the General Fund without impacting the overall cash position of the city; and WHEREAS, at the public hearing previously noticed and concurrently held on October 16, 2023, the City Council solicited and considered public comment made to said amendment request; and WHEREAS, it is in the best interest of the City at this time to amend the annual appropriations to include the $1,056,532 transfer from the Community Development Fund that were first allocated to the General Fund before any funds were transferred to the Westside TIF fund. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. The City Manager is directed to immediately make amendments to the 2022- 2023 fiscal budget as follows: General Fund: Transfer 1000-400-460000-820 $1,056,532 to the West Side TIF Fund: For the purpose of aligning the financial records with the actual sequence of fund transfers while ensuring that these transfers have no effect on the cash balance of the City of Kalispell. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 16TH DAY OF OCTOBER, 2023. Mark Johnson Mayor ATTEST: Aimee Brunckhorst, CMC City Clerk GENERAL GOVERNMENT FUND: GENERAL 1000-400-41XXXX EXPENDITURE DETAIL 410530 Audit: 331 Annual Report Filing fees 353 Contract services - Audit 354 GASB 45 (75) cost for Other Post Empl Benefits 410560 Central Purchasing: 210 Office Supplies 312 Postage 320 Printing & envelopes 354 Contract Services - document shredding 410600-354 Elections: 410900 Records Admin.: 331 Publication & Filing Fees 460452-366 Hockaday -annual building maint. per lease 460452-355 Eagle Transit contribution 420000-354 911 Dispatch Services Contract 420000-356 Smith Valley levy reimbursement 430300-355 Airport reimbursement 510310-354 ICMA Fees 510330-513 Liability Insurance 510330-517 Property hisurance 510330-516 Uninsured Loss (insurance deductible) 510300 Contingency 460000-820 Transfer out Total amended ACTUAL BUDGET ACTUAL BUDGET FY20/21 FY21/22 FY21/22 FY22/23 $3,030 $3,030 $3,030 $3,530 $13,750 $13,750 $14,100 $14,250 $1,500 $10,000 $7,500 $1,750 $4,768 $4,000 $3,351 $4,500 $15,659 $16,000 $13,764 $17,500 $3,833 $5,500 $2,416 $5,500 $1,240 $1,500 $76 $1,200 $0 $20,000 $17,548 $0 $4,106 $4,500 $3,688 $4,500 $6,600 $6,600 $6,600 $6,600 $15,000 $15,000 $15,000 $15,000 $556,057 $0 $0 $0 $286 $350 $269 $350 $19,561 $20,000 $18,065 $25,000 $500 $500 $250 $0 $186,790 $287,406 $287,407 $330,842 $59,654 $60,043 $60,043 $72,813 $38,601 $50,000 $13,919 $50,000 $5,000 $210,000 $0 $30,000 $1,246,000 $900,000 $900,000 $1,056,532 $2,181,935 $1,628,179 $1,367,026 $1,639,867 1