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CASSELBERRY CITY COMMISSION Minutes of February 11, 2013 — Regular Meeting Page 5 of 12 D. Fiscal Year 2012 -2013 Rollover Calculation Correction and Related Collected Budget Amendment #13 -029 Introduction: Consideration to approve correct Budget Amendment #13 -029 to the Fiscal Year 2012/2013 Approved Budget is requested. Background: Budget Amendment 413-026 was presented to City Commission on January 28, 2013, which re- appropriated ongoing projects and purchase of equipment or services from FY 2012. The budget amendment presented to City Commission totaled $9,03 8,746. Since that time, it has been discovered that the total on the spreadsheet that was included as support for the budget amendment showed the incorrect budget appropriation amount. Discussion: the total to be re- appropriated is $10,002,420. The following is a breakdown by fand: General Fund Recreation Escrow Storinwater Fund Road Impact Fee Municipal Impact Fund Equipment Replacement Fund Recreation Fund Infrastructure Capital Improv. Water & Sewer Renewal and Replacement Fund Capital Improvement Fund 499,080 116,097 1,171,438 21,923 24,631 30,511 39,608 557,400 6,202,816 (corrected) 932,316 (corrected) 406,600 10.002.420 Budget Impact: Correction of Budget Amendment 413 -029 increases the previously approved amount of $963,674 and brings the total rollover amount of $10,002,420. BA #13 -029 (Corrected) Explanation of Request: This item seeks City Commission approval to rollover budgeted funds for items appropriated in FY2012 that will instead be expended in FY2013 except North Winter Park Drive Phase 11. Account Number Account Description Amount Increase: Various Expenditures $10,002,420 Various Fund Balance Carryover /Revenues $10,002,420 A copy of the Calculation of FY13 Budget Rollover spreadsheet is attached hereto and made a part of these minutes.