The amended budget includes a $9,722,159 increase to general fund revenue, according to the agenda item. The item was brought before council to amend sales tax for the general fund, crime control prevention fund, Coppell Recreation and Development Corp. fund and infrastructure maintenance fund, which are the four funds that receive sales tax.
The actual sales tax received is higher than expected, and sales tax set aside in a separate holding fund is being moved to the fund, according to the agenda item.
The budget was also amended to reflect closing of purchase orders that were brought into the fiscal year through the encumbrance carryover, which are items that were budgeted and purchased in the previous fiscal year but were not received by year end.
The general fund expenditures are being decreased $101,238 for the reduction in encumbrance carryovers, according to the agenda item.