DATE: October 12, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Russell Truell, ACA/CFO
Michael Walters Young, Budget and Analytics Manager
SUBJECT:
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Consideration of Ordinance 2016-41, an Ordinance to Amend the FY2016-2017 Budget (Amendment #3); File 16-0834 presented at 10-20-16 Budget & Finance Committee; 10/25/16 WS and 1st Reading BOMA 8-0; 11/22/16 2nd Reading 8-0) THIRD AND FINAL READING
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Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the amendment of the Fiscal Year 2017 Budget for compliance with State budgeting guidance regarding:
1. Ensuring authorizations in place to balance each fund's budget on a cash basis on June 30, 2016.
Background
The State Comptroller has provided guidance that budget amendments are to be on the cash basis and must occur prior to fiscal year end (June 30) to ensure no fund has a deficit fund balance or deficit cash balance at June 30.
In order to stay ahead of this responsibility, staff is proposing five budget amendments.
The amendments are as follows:
1. Increase within the General Fund of $165,775 for the addition of three (3) personnel in two departments. The personnel additions include:
a. Two (2) positions in Building & Neighborhood Services at the cost of $136,437 for one-half year. This includes one (1) Building Inspector III and one (1) Electrical Inspector (also a Building Inspector III). Continued record construction within the City of Franklin has caused strain on existing staff. To maintain appropriate service levels, we recommend the addition of both positions to the department. A detailed packet of information is attached with performance measurement data on inspections and permits for the last three years.
b. One (1) position in Information Technology at the cost of $29,338 for one-half year. This position is for a GPS/GIS Technician, originally asked for as a...
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