06-24-19 Personnel and Finance - Laserfiche WebLink

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CITY OF SOUTH BEND OFFICE OF THE CLERK for budget transfers. So, this budget transfer bill does not increase or decrease overall appropriations. It takes appropriations from one(1) cost category and moves it into a different cost category. Our cost categories are capital, personnel, services and supplies and moving money between those cost categories requires Council's approval. I'm happy to discuss any of these transfers in more detail if there are any questions. Committee Chair White opened the floor to questions from Committee and Council Members. Committee Chair White asked, So, this bill doesn't ask for additional money? We are transferring within? Mr. Parker replied, Correct. So, it does not increase or decrease the overall appropriation. It is just transferring from one(1) cost category to another. Committee Chair White followed up, And this is somethingthat we normallydo four (4) times a p year? Mr. Parker replied, Yes. We bring these quarterly. As new things arise, we transition and bring these forth. Committee Chair White then opened the floor to members of the public wishing to speak in favor of or in opposition to this legislation. There were none. Committeemember Voorde made motion to send Bill No. 16-19 to the full Council with a favorable recommendation. Committeemember Broden seconded this motion which carried by a voice vote of three (3) ayes. Bill No. 17-19- June 2019 Appropriation Ordinance- Civil City Funds Mr. Parker stated,This is the second(2nd)of our three(3)normal quarterly bills.Unlike the transfer bill, this is a request for additional appropriations, specifically for our Civil City funds. The detail is behind the overall bill and you can see what these requests are meant to fund. A couple of them, the larger ones, the very first (1St) one (1) on there is an appropriation to spend $1 million on the My SB Parks&Trails initiative which is supported by new revenue from the Leighton Foundation. So, we need the appropriation to actually spend that new grant that we got in. Halfway down the page, there is an appropriation of about $1.8 million from COIT. This is actually an appropriation to fund the implementation of our new ERP Accounting Software System. The original thought or plan was that we were going to take out a loan to fund this part of the implementation. Given where our cash balances are, which I came and presented about to this Committee about a week or two (2) ago, we thought we had the opportunity to save on interest costs and actually just appropriate the full amount and purchase the implementation outright. He continued, If you continue moving down toward the more administrative types of items, there is actually a decrease in appropriations of about$400,000 related to the Regional Cities Grant. We actually over appropriated that grant and we had $5 million to spend. We are reducing that down to the total$5 million amount of the grant. Finally, on the last page in the administrative items,the largest item on there is $3.3 million in appropriations for Zoo Bond capital. This is not a new appropriation. This is just appropriating the amount of money that we actually took out in a bond EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT 455 County-City Building 227 W.Jefferson Bvld South Bend,Indiana 46601 p 574.235.9221 f 574.235.9173 TTD 574.235.5567 www.southbendin.gov 2