Fiscal Year 2013-2015 Special Budget Meeting

FY 2013-2015 REVISED BUDGET PROPOSAL SUBMITTED BY COUNCILMEMBERS: BROOKS, GALLO, REID (BGR PROPOSAL) NEW IDENTIFIED REVENUE New Revenue ITEM - ' 13-14 14-15 ONE -TIME' NOTES 1 Add Revised Revenue Projections beyond baseline as of 3rd Quarter Report (as of 5/22/13) $ 3,020,000 $ 2,460,000 $ 2 Add Undesignated Fund Balance from FY 12-13 ($1,570,000 total) $ $ $ 1,578,802 3 Add Boomerang Funds $ $ $ 9,500,000 4 Add Real Estate Transfer Tax on sale of 3 City Center Buildings - CBRE Investors ($2.7 Mil total) $ $ $ 2,700,000 - 5 Add Increase Projections for Parking Revenues $ $ 250,000 $ 500,000 6 Add Back Errata Clarification re: OPD swap of Account clerk II with Administrative Asst 1 $ 17,000 $ 17,000 $ 7 Add Triple Flip Payment from County $ $ $ 2,600,000 8 Add Excess Real Estate Transfer Tax $ 3,000,000 Additional Available Eunds $ 3,037,000 2,727.000 s 19,878,802 6/20/2013