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Financial Management <br /> DATE: 2/9/2017 <br /> MEMO: 2017 - 01 <br /> TO: Honorable Mayor Moore Wolfe and City Council Members <br /> FROM: Tim Gleason, City Manager <br /> Gregg Zientara, City Treasurer& Director of Finance <br /> SUBJECT: <br /> An Ordinance Appropriating Monies for the City of Decatur, Illinois, for Fiscal Year 2017 <br /> SUMMARY RECOMMENDATION: <br /> City Administration recommends City Council approval of the attached Ordinance, which <br /> provides appropriation approval for the City of Decatur to spend monies providing necessary <br /> and required services to the citizens, taxpayers and stakeholders of the City of Decatur. <br /> BACKGROUND: <br /> The Ordinance attached herewith includes spending authorization for the 2017 fiscal year <br /> budget previously adopted and approved by the City Council with Council passage of <br /> Resolution No. 2016-140 dated November 21, 2016, and includes additional spending <br /> appropriations required to deliver services not included in the 2017 fiscal year budget. <br /> New appropriations and changes include as follows: <br /> Fund Fund Name Revenue Expense Comment <br /> 45 Capital Projects 52,250 Budget fund balance <br /> 58 Library Capital 175,000 175,000 Foundation donation for <br /> capital <br /> 85 Grants 4,000 Budget expected fund <br /> balance <br /> Total 175,000 231,250 <br /> Page 7 of 206 <br />