Updates for 3-E-20-OB

3-E-20-OB

OTHER BUSINESS

Purpose

A Budget Amendment #1 to the FY20-21 Knoxville-Knox County Planning Budget

Staff Recommendation

Recommend approval of Budget Amendment # 1 as reflected in the attached budget document. This amendment reflects an increase in depreciation expense for this fiscal year to $57,500. At the time of the budget adoption last spring, final fixed asset depre

Recommend approval of Budget Amendment # 1 as reflected in the attached budget document. This amendment reflects an increase in depreciation expense for this fiscal year to $57,500. At the time of the budget adoption last spring, final fixed asset depreciation numbers reflecting the total remodeling cost were not available. The increase expenditure of $52,700 will come from budget surplus funds if necessary.

Case Fileposted 3/5/2020
Applicant
Knoxville-Knox County Planning