ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2019-06(AJ) An Ordinance Appropriating to the Manager the Sum of $52,600 as Supplemental Funding for Downtown Parking’s Fiscal Year 2020 Operating Budget; Funding Provided by the Downtown Parking Fund’s Fund Balance.

MANAGER'S REPORT:

Downtown parking is anticipating a budgetary shortfall of $52,600 in the FY20 operating budget. This was caused by increased electricity costs at the DTC garage due to a colder winter, and an overage in contractual services. The contractual services overage occurred from unbudgeted lease payments for the sub-port parking area. These anticipated expenses were added late in FY19 after the downtown parking budget was already submitted.

RECOMMENDATION:

The City Manager recommends the Assembly adopt this ordinance.