HomeMy WebLinkAbout6.d. Budget EncumbrancesAGENDA ITEM: Budget Encumbrances
AGENDA SECTION:
Consent
PREPARED BY: Jeff May, Finance Director
AGENDA NO. i d
ATTACHMENTS: Resolution and 2010 Encumbrance
Journal Entries
APPROVED BY:
ay
RECOMMENDED ACTION: Motion to adopt a Resolution Approving the Encumbrance of
Certain 2010 Budget Items to 2011.
4 ROSEMOUNT
CITY COUNCIL
City Council Meeting Date: February 15, 2011
EXECUTIVE SUMMARY
ISSUE
The issue before the City Council is 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 the proposed encumbrance items for the
General Fund and the Equipment CIP Fund. The attached journal entry worksheet summarizes the
reasons for the encumbrance requests.
SUMMARY
Staff is recommending that the City Council adopt the attached resolution encumbering the listed items
from 2010 forward to 2011.
A RESOLUTION APPROVING THE ENCUMBRANCE OF
CERTAIN 2010 BUDGET ITEMS TO 2011
WHEREAS, the City Council recognizes the need to carry forward to 2011 certain
balances from the 2010 General Fund Operating Budget and the 2010 Equipment CIP
Budget, which are summarized as follows:
(1) General Fund items that total an amount of $91,000.00;
(2) Equipment CIP items that total an amount of $70,257.64;
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 2010
budgets to 2011.
ADOPTED this 15 day of February, 2011.
ATTEST:
Amy Domeier, City Clerk
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2011
William H. Droste, Mayor
2010 Encumbrance General Journal Entries
101 41110 -01- 225.00 13,500.00 SKB Landscaping Program
101 -24420 13, 500.00
To encumber excess 2010 funds not spent from the SKB payment
101 41940 -01- 530.00 44,000.00 Government Buildings R M
101 -24429 44,000.00
To encumber excess 2010 funds not spent
101 45202 -01- 530.00 6,500.00 Parks Maintenance R M
101 -24430 6,500.00
To encumber excess 2010 funds not spent
101 43100 -01- 212.00 27,000.00 For Potential Fuel Increase Reserves
101 -24451 27,000.00
To encumber excess 2010 funds not spent
207 49007 -01- 550.00 23,257.64 Squad Car Replacement
207 -24487 23,257.64
207 49007 -01- 588.00 47,000.00 City Wide Software
207 -24489 47,000.00
To encumber 2010 Equipment CIP funds forward to 2011 for delayed purchases /projects