Title
FY2024 Budget Amendment #1 - 2023 Rollovers
History
A detailed spreadsheet (by fund) reflecting budget adjustments is attached.
Project Rollovers
Several projects were anticipated to be completed during 2023 but were delayed for a variety of reasons. There is no overall increase in Village spending, as this spending was projected to have occurred in 2023. All items listed have been reviewed to ensure the funds have not been spent in 2023.
Accounting update - MST TIF Fund
As with other funds, we have now established cost centers in the MST TIF fund in order to better control contracts, requisition, purchase orders and invoice processing. This amendment allocates budgeted expenditures between the new cost center (org codes) but does not increase overall budgeted expenditures.
Tyler Enterprise Permits & Licenses (EPL)
The EPL implementation was put on hold for some time due to a much-needed focus on changes to the permitting and licensing ordinances to increase efficiency. Now that the new ordinance updates are nearing completion, the Village would like to re-start in June 2024 with the implementation of our new EPL module within our Tyler Technologies software.
Communications & Marketing Staffing Changes
With recent staffing changes in the Communications & Marketing Department, the budget is being amended to reflect the updated structure. This includes changing the Director of Communications & Marketing (Grade 11) to a Communications & Marketing Manager (Grade 8).
Centennial Park West concerts
Recreation and Parks is requesting a $37,000 increase in support of the Centennial Park West Concerts. The concerts were budgeted for $350,000 for National Bands. The original intent was for this was to fund all band peripheral expenses including hotel, transportation, security, hospitality, and day of show production services. The level of artists contracted utilized the full $350,000 solely for their performance, leaving us short on covering these expenses...
Click here for full text