This is the first amendment to the FY2019/2020 Council approved budget, adding an additional $52,958,801 in expenditure authority.  This amendment includes:

1.  Carryover requests funded by application of unassigned cash and/or offsetting revenue totaling $52,693,393 distributed as follows:

General Fund - $2,440,845

1% Fund - $8,399,058

Madison Fund - $40,994,902

Water Fund - $326,151

Sewer Fund - $519,037

Property Insurance Fund - $13,400

2.  New/Additional funding requests funded by application of unassigned cash and/or offsetting revenue totaling $265,408 distributed as follows:

General Fund - $65,408

Fiber Fund - $200,000

A detailed itemization of the budget amendment requests is attached.  All requests included for consideration have been reviewed and recommended for approval by the Finance Department and Administration, as well as reviewed with Council during the October 8, 2019 City Council Work Session.