SUBJECT:
Title
Marion County Utility Fund - Multiple Cost Centers - $589,587
Body
INITIATOR:
DEPARTMENT:
Jody Kirkman, PE, Director
Environmental Services
DESCRIPTION/BACKGROUND:
With the purchase of Marion Utilities on May 19, 2021, there will be 4.3 months of revenues and expenses which were not in the original FY2021 Budget. This amendment adds the expected revenues and expenses for those service dates between May 20 and September 30, 2021. This is a one-time amendment. This amendment does not include the Capital Improvements Program (CIP), nor the bond funding to cover the CIP.
BUDGET/IMPACT:
Increase Marion County Utility Fund appropriation by $589,587.
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution.
end