TOTAL BUDGET AMENDED EXPENSE:  $4,188,224

Includes: 

1) Additional expense offset by new revenues:  $238,036
2) Application of designated funds:  $229,594
3) City-wide application of unassigned cash:  $3,720,594

This is the third and final budget amendment to the FY2016-2017 approved budget and has been scheduled for Council consideration at the June 20, 2017 meeting.  Following is a summary of the budget amendment categories:

1) Additional expenses offset by new revenues:  This category provides expenditure authority for grant related costs totaling $43,249; donations of $26,000 for various improvement projects; $13,087 for Mayor's Art Council sponsorships and interest; and $155,700 from internet service providers to extend fiber to their projects.
 
2) Application of designated funds:  This category provides expenditure authority to utilize funds that have been set aside over the years for specific purposes as designated by Council.  Included is $196,120 for tree removal/replacement from prior year insurance proceeds; $4,500 for Mayor's Art Council statue cleaning; $28,719 for Police expenditures utilizing Forfeiture Funds and a designated donation; and $255 for K-9 Program expenditures utilizing Pet Ring Foundation donated funds.

3) City-wide application of unassigned cash:  This category provides additional funding for unbudgeted/under budgeted expenses and includes:  Boxelder Road enhancements - $1,600,000; payment to Basin Electric for lost revenue for the Southern Industrial Annexation - $1,500,000; compensation payouts - $340,073; funding for Gillette Little League - $30,000; City portion of CCFD 2016 fire season liabilities - $63,829; correct calculation for Wyoming Retirement budgets - $34,600; building repairs/enhancements at City Hall and City West - $33,796; additional fiber projects - $44,000; transfer of Swimming Pool to the Water Fund - $47,699; and other miscellaneous expenses - $26,597.

The Budget Amendment will result in the following applications of unassigned cash:

General Fund:  $389,784
1% Fund:  $1,646,209
Enterprise Funds:  $1,684,601

A detailed itemization of the budget amendment requests is attached.  All requests included for your consideration have been reviewed and recommended for approval by the Finance Department and Administration, as well as reviewed by Council at their June 13, 2017 Council Workshop.