HomeMy WebLinkAbout6.c. Budget Amendments
EXECUTIVE SUMMARY
City Council Meeting Date: October 4, 2016
AGENDA ITEM: Budget Amendments AGENDA SECTION:
Consent
PREPARED BY: Jeff May, Finance Director AGENDA NO. 6.c.
ATTACHMENTS: Council Memo, Resolution & Donation
Worksheets APPROVED BY: ddj
RECOMMENDED ACTION: Motion to adopt a Resolution Approving the Amendment of
Certain 2016 Budget Items for the General Fund as outlined in the attached memo.
ISSUE
Amend the General Fund budget to reflect donations expended during the 3rd quarter of 2016.
BACKGROUND
This item is on the agenda for Council to formally amend the 2016 General Fund budget by resolution for
donation items that Council had previously authorized covering expenditures made during the third
quarter of 2016.
Rather than bringing a resolution before the Council each time there is a need to spend money from
donations previously received, we have developed procedures that allow us to have you authorize the
expenditure and amend the budgets at the time the expenditure is made and then periodically bring to you
a resolution that formally amends the budgets for a number of these donation expenditures. The attached
memo and donation worksheets support the figures given in the resolution.
SUMMARY
Recommend the above motion to approve the budget amendments for the 3rd quarter of 2016.
MEMORANDUM
To: Mayor Droste
Council Members DeBettignies, Demuth, Nelson & Weisensel
From: Jeff May, Finance Director
Date: September 22, 2016
Subject: Budget Amendments
This is a request to amend both the revenue and expenditure budgets for the General Fund for
expenditures of donations previously received. This memo is to show the line by line detail of the
actual changes to be made to the budgets, of which the totals are summarized in the Resolution
before you.
GENERAL FUND DETAIL
Detail for Revenues:
101-36230.00 (Donations) $ 2,673.19
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Total Revenues $ 2,673.19
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Detail for Expenditures:
101-42110-01-208.02 (Equipment Donations/Forfeitures) $ 1,458.91
101-45100-01-439.00 (Other Miscellaneous Charges) 1,214.28
-----------------
Total Expenditures $ 2,673.19
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CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2016 -
A RESOLUTION APPROVING THE AMENDMENT OF
CERTAIN 2016 BUDGET ITEMS
WHEREAS, the City Council recognizes the need to amend certain items from the 2016 General
Fund Operating Budget, the totals which are as follows:
(1) General operating revenues, the total which reflects an increase of $2,673.19;
(2) General operating expenditures, the total which reflects an increase of $2,673.19;
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Rosemount
hereby approves the amendment of the above listed budget items for the 2016 General Fund
Operating Budget.
ADOPTED this 4th day of October, 2016.
_____________________________
William H. Droste, Mayor
ATTEST:
__________________________
Clarissa Hadler, City Clerk