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<br />Fund Balances <br /> General Capital Improvements Fund <br />During the CIP process, the General Capital Improvements Fund is only funded with one <br />year of LGA to cover the projects for the next five years. This conservative approach is to <br />recognize the volitively of LGA funding. With the proposed changes outlined in <br />Attachment A, the ending fund balance is slightly larger than the approved CIP. <br /> <br /> <br />Infrastructure Capital Improvement Fund <br />The 2019 fund balance for the Infrastructure Capital Improvement Fund had a larger <br />increase than was estimated in the CIP, due to the quiet zone reimbursement payment from <br />the State in the amount of $230,533. This project was constructed in 2016 but the final <br />reimbursement was not requested until 2019. With the proposed changes outlined in <br />Attachment A and the addition of the quiet zone reimbursement, the ending fund balance <br />is higher than the original CIP for the next five years. <br /> <br /> RECOMMENDED ACTION: <br />Staff recommends approval of a motion to amend the 2020 General Capital Improvements Fund <br />Budget and the 2020 Infrastructure Capital Improvements Fund Budget as presented in Attachment <br />A.