2024 03 19 City Council Packet 1

Unverified text extraction. Check the original page for numbers, names, and layout.

OR
DINANCE NO.  XXXX 
AN
 ORDINANCE TO AMEND THE BUDGET FOR THE CITY OF ATHENS, 
TENNESSEE, FOR THE FISCAL YEAR JULY 1, 2023 THROUGH JUNE 30, 2024. 
WH
EREAS, the Council for the City of Athens, Tennessee, after much consideration and 
study of the budget prepared and submitted by the City Manager, approved Ordinance No. 1120 
for the 2023 -2024 budget and tax rate  for the fiscal year ending June 30, 2024  and has 
determined that an amendment is now necessary. 
S
ECTION 1.  NO W, THEREFORE, BE IT ORDAINED BY THE CITY OF ATHENS, TENNESSEE, AS 
FOLLOWS: 
Tha
t the budget is hereby amended based upon the detail listing below showing the 
original budget, amended budget and increase or decrease in the budget for the current year. 
To Increase Miscellaneous Line items in the General Fund, Debt Service Fund and 
Sanitation Fund 
ORIGINAL REVISED INCREASE 
ACCOUNT NO. DESCRIPTION BUDGET BUDGET (DECREASE) 
GENERAL FUND REVENUES: 
01-0000-4165 Local Sales Tax 8,400,000 8,800,000 400,000 
01-0000-4520 Grant Funds 0 100,000 100,000 
01-0000-4530 Grants - Police Department 0 370,000 370,000 
01-0000-4910 Interest Income 300,000 600,000 300,000 
01-0000-4925 Insurance Recoveries 0 77,000 77,000 
01-0000-4935 Third Party Contributions 0 25,000 25,000 
Increase in Revenues for General Fund 1,272,000 
GENERAL FUND EXPENDITURES: 
City Manager 
01-0101-5110 Salaries:  Regular 160000 170000 10,000 
01-0101-5710 Liability Insurance 4,000 50,000 46,000 
City Council
01-0102-5234 Member Dues & Regist Fees 13,000 15,000 2,000 
01-0102-5280 Travel 9,000 14,000 5,000 
Finance
01-0201-5110 Salaries:  Regular 308,000 318,000 10,000 
01-0201-5140 FICA 24,000 28,000 4,000 
01-0201-5142 Group Life & Health Insurance 50,000 53,000 3,000 
01-0201-5262 Accounting & Audit Services 34,000 37,000 3,000 
01-0201-5710 Liability Insurance 3,800 5,800 2,000 
53