Following is the financial impact/adjustments necessary for the recommended carryover items:
General Fund
Increase Use of Fund Balance .......................... $3,665,127
Increase Grant/Offsetting Revenues ................. $550,155
Increase Expenditures ....................................... $4,090,282
Increase Transfer to EDA Fund ......................... $125,000
Capital Projects Fund
Increase Use of Fund Balance .....................… $1,551,167
Increase Transfer to EDA Fund ........................ $1,551,167
EDA Fund
Increase Transfer from General Fund ................ $125,000
Increase Transfer from Capital Projects ......……$1,551,167
Increase Expenditures ....................................... $1,676,167
Utilities Operating Fund
Increase Use of Fund Balance ............................ $119,022
Increase Grant/Offsetting Revenues ......…......... $29,673
Increase Expenditures ....................................….. $148,695