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HomeMy WebLinkAbout6.f. Encumbrance of 2004 Budget Items Forward to 2005P CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION City Council Meeting Date March 15, 2005 AGENDA ITEM: Encumbrance of 2004 Budget Items AGENDA SECTION: Forward to 2005 Consent PREPARED BY: Jeff May, Finance Director AG L ATTACHMENTS: Resolution and 2004 Encumbrance Journal Entries APPROVED BY: RECOMMENDED ACTION: Motion to adopt A RESOLUTION APPROVING TH ENCUMBRANCE OF CERTAIN 2004 BUDGET ITEMS TO 2005 ACTION: ISSUE The annual encumbrance of General Fund and CIP Funds items forward from the prior year to the current year BACKGROUND This item is on the agenda for consideration of the approval of certain 2004 budget items to be encumbered forward to 2005 The following will attempt to summarize the attached encumbrances 1) Unused SKB funds received for the addition of trees that was part of our recent agreement with SKB 2) Use of some of the excess revenues to purchase the house at 3205 143 St W 3) Use of some of the excess revenues to purchase additional document imaging equipment for the Public Works and Parks Recreation departments 4) Unused 2004 General Funds in the Government Buildings Department budget to help pay for future siren repairs /replacements 5) Unused 2004 General Funds in the Fleet Maintenance and Street Maintenance Department budgets for emergency parts /repairs and for the Sidewalk/Curb Program 6) Unused 2004 Equipment CIP Funds for purchases that were not completed because of availability of part of the SCBA equipment and release of the Police software, SUMMARY Staff is recommending that the City Council adopt the attached resolution encumbering the listed items from 2004 forward to 2005 CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2005 A RESOLUTION APPROVING THE ENCUMBRANCE OF CERTAIN 2004 BUDGET ITEMS TO 2005 WHEREAS, the City Council recognizes the need to carry forward to 2005 certain balances from the 2004 General Fund Operating Budget and the 2004 Equipment CIP Budget, which are summarized as follows (1) General Fund items that total an amount of $376,185 00; (2) Equipment CIP items that total an amount of $15,000 00; NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Rosemount hereby approves the encumbrance of the above listed account items from the 2004 budgets to 2005 ADOPTED this 15 day of March, 2005 William H Droste, Mayor ATTEST Linda J Jentmk, City Clerk Motion by. Voted in favor Voted Against Seconded by. Members Absent 2004 Encumbrance General Journal Entries 101- 41110 -01 -225 00 14,185 00 SKB Tree Program 101 -24420 14,185 00 To encumber 2004 SKB funds received and not expended for the $25,000 annual payment 101 41110 -01 -598 00 198,000 00 Purchase of 3205 143rd Street 101 -24421 198,000 00 To encumber excess 2004 funds for the house located at 3205 143rd Street 101 41810 -01 -393 00 22,000 00 Docuware Equipment 101 -24422 22,000 00 To encumber excess 2004 funds for docuware equipment for Public Works Parks Recreation 101- 41940 01-401 02 10,000 00 Siren Repairs 101 -24455 10,000 00 To encumber 2004 Government Buildings funds not expended for future siren repairs 101 43100 -01 -221 00 15,000 00 Equipment Parts /Repairs Contingencies 101 -24406 15,000 00 To encumber 2004 Fleet Maint Dept funds forward to 2005 for unanticipated equipment parts costs 101 43121 -01 -410 02 117,000 00 Sidewalk Curb Program 101 -24411 117,000 00 To encumber 2004 Street Maint Dept (Sidewalk /Curb Program) funds forward to 2005 for future projects 207- 49007 -01 -584 00 10,000 00 SCBA Unit Replacements (1991 Units) 207 -24495 10,000 00 207 49007 -01 -586 00 5,00000 Police Field Reporting Software 207 -24496 5,00000 To encumber 2004 Equipment CIP funds forward to 2005 for delayed purchases /protects