Show Me the Money Follow Up

Well, that didn't take long! This is on the Council Workshop agenda for tomorrow.

Council Fund
• The proposed amendment is to transfer funds from the Council fund to the General Capital Projects Fund to partially fund the City Center project (new City Hall and Council Chambers/ Muni Court). This action is in lieu of selling the Visitors Center building.

General Capital Projects
• The proposed amendment is to transfer funds from the Council fund to the General Capital Project to partial fund the City Center project (new City Hall and Council Chambers/ Muni Court). There is no adjustment to the expenses. Staff is recommending to reduce the budgeted revenue from the sale of the buildings by $1,108,200 and increase the transfer in from the Council fund by the same amount.

So, the additional funding to complete the City Hall is coming from the City Council Fund, aka the Council Slush Fund! Good use of those excess $s.