FY 20 Budget Amendment No. 3

1. FY 2020
Budget Amendment #3
Public Hearing
October 8, 2020

2. Budget Amendment Process
• Publish Notice of Public Hearing
• Notice was published in the Eagle on September 30, 2020
• Hold Public Hearing
• That is the action we are taking today
• Council Consideration & Approval:
• Ordinance Amending Budget
• Interfund Transfer

3. FY20 Proposed Budget Amendment #3
Proposed Item Proposed Amount
General Fund $ 1,200,000
TOTAL $ 1,200,000
Proposed Item Proposed Amount
CDBG Fund $ (1,200,000)
TOTAL $ (1,200,000)

4. Summary and
Council Action
• The revised budget would be
$343,117,573
• There is one interfund transfer
for consideration
Required Actions
• Hold the Public Hearing
• Consideration & Approval of
Ordinance
Budget Amount
Approved Budget $ 341,163,652
Budget Amendment #1 $ 6,244,467
Budget Amendment #2 $ (5,490,546)
Budget Amendment #3 $ 1,200,000
Revised Budget $ 343,117,573