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<br />CASSELBERRY CITY COMMISSION <br />Minutel of September 22, 2008 - Regular Meeting <br />Page 4 or2:1 <br /> <br />Budget Impact: The City of Casselberry utilized funds from the following accounts to purchase the <br />equipment requested under the grant: 001-0610-521.56-00 and 001-0610-521.52-00. <br /> <br />Recommendation: The City Manager, Finance Director and the Police Chief recommended approval of <br />Budget Amendment #08-064 recognizing the receipt of grant funds in the amount of $19,593.15. <br /> <br />C. Budget Amendment #08-070 - Increase from Community Redevelopment Agencv <br />to Debt Service Fund for Interest on Land Acquisition Note. Series 2005 <br /> <br />BTR #08-070: <br /> <br />Explanation of Request: Amend the budget to increase the transfer of funds from the CRA to the <br />Debt Service Fund to enable the payment of interest on the maturity of the Land Acquisition Note, <br />Series 2005. <br /> <br />Account Number <br /> <br />Acconnt Description <br /> <br />Amount <br /> <br />INCREASE: <br />113-0210-515.91-04 <br />113-0000-389.90-00 <br />201-0000-381.13-00 <br />201-0190-517.72-16 <br /> <br />Transfer to Debt Service Fund <br />Other Non-Operating Proceeds <br />Transfer from CRA <br />Interest/Land Acq. Note, Series 2005 <br /> <br />$24,883 <br />$24,883 <br />$24,883 <br />$24,883 <br /> <br />Introduction: Budget Amendment #08-070 appropriates funds for transfer from the Community <br />Redevelopment Agency (CRA) to the Debt Service fund to enable the payment of interest through the <br />maturity date of September 13,2008 on Land Acquisition Note, Series 2005. <br /> <br />Budget Impact: The budget for the CRA expenditure account for the transfer to the Debt Service Fund (113- <br />0210-515.91-04) will be increased by $24,883. It will be paid from Fund Balance Reserves (113-0000- <br />389.90-00). The Debt Service Fund will budget for revenue in its account for transfer from the CRA (201- <br />0000-381.13-00) and it will increase the appropriation to interest on the Land Acquisition Note, Series 2005 <br />(201-0190-517.72-16) of$24,883. <br /> <br />Recommendation: The City Manager and the Finance Director recommended approval of Budget <br />Amendment #08-070, transferring funds from the CRA to the Debt Service Fund to enable the payment of <br />interest through the maturity date of Loan Acquisition Note, Series 2005. <br /> <br />D. Purchase of a Production Scanner for the Finance Department & Related Budget <br />Transfer Request #08-071 <br /> <br />BTR #08-071: <br /> <br />Explanation of Request: To transfer funds for the purpose of purchasing a production scanner for <br />the Finance Department. <br />