HomeMy WebLinkAbout4.p. Budget AmendmentsEXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: December 17, 1991
AGENDA ITEM:
AGENDA SECTION:
Budget Amendments
Consent
PREPARED BY:
Jeff May, Finance Director
AGENDAi
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ATTACHMENTS: Resolution, Memo with Specific
APPROVED BY:
Line Item Amendments
This item is on the agenda for your consideration in amending
revenue and expenditure accounts for the General Fund. The revenue
accounts are the Donation account, 101-36230-00-000, and the Other
Revenue account, 101-36260-00-000. The expenditure accounts are
from the Police Department, the Fire Department and the Park & Rec
Department. The amendments to the revenues and the expenditures
equal each other, keeping our budgeted totals in balance.
The amendments to the revenue accounts reflectdonationsreceived
during the year and old Fire Department air tanks sold to outside
people. The amendments to the expenditure accounts reflect
expenditures made by the three departments that were not budgeted
by the departments, but rather spent by them taking into
consideration the unexpected revenues.
Also for your consideration are amendments to the CIP Fund budget.
These amendments are for expenditures that council authorized in
May and June of this year. The amendments to the expenditure
budget would allow the budget to more clearly reflect its status.
The detailed line by line description of the amendments to be made
is attached.
RECOMMENDED ACTION:
Motion to adopt a resolution approving the amendments to the General
Fund Revenues and Expenditures and the amendments to the CIP Fund
Expenditures as outlined in the attached memo to Council.
COUNCIL ACTION:
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1991 -
A RESOLUTION APPROVING THE AMENDMENT OF
CERTAIN 1991 BUDGET ITEMS
WHEREAS, the City Council recognizes the need to amend certain
items from the 1991 Operating Budget and 1991 Capital
Improvements Budget, the totals which are as follows:
(1) General operating revenues, the total which reflects an
increase of $11,703.00;
(2) General operating expenditures, the total which reflects an
increase of $11,703.00; and
(3) Capital Improvements expenditures, the total which reflects
an increase of $19,600.00.
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 1991 General Budget and the 1991 Capital
Improvements Budget.
ADOPTED this 17th day of December, 1991.
Vernon J. Napper, Mayor
ATTEST:
Susan M. Walsh, City Clerk
Motion by: Seconded by:
Voted in favor:
-
Voted Against:
DATE: December 12, 1991
TO: Mayor Napper
Council Members Klassen, Oxborough, Willcox & Wippermann
FROM: Jeff May, Finance Director
SUBJECT: Budget Amendments
This is a request to amend both the revenue and expenditure budgets
for the General Fund, and also the expenditure budget for the CIP
Fund. This request is to acknowledge donations taken in during the
year, sales of old oxygen tanks, and expenditures that were made as a
result of these unplanned revenues for the General Fund. The CIP Fund
amendments are to amend the budget for two items that Council
authorized expenditures for in May and June of this year. First, I
would like to summarize the budget amendments to the General Fund(Fund
101) and the CIP Fund(Fund 202) that we are proposing, and then show
line by line the actual changes to be made(for your information).
GENERAL FUND
Revenues:
Increase Donations Account $ 8,403.00
Increase .Other Revenue Account 3,300.00
------------
Net Increase in Total Revenues $11-,703.00
Expenditures:
Increase Police(D.A.R.E. & Jaycees) $ 2,150.00
Increase Fire(Various Donations) 8,303.00
Increase P & R(K.C.'s, Lep Days Comm) 1,250.00
Net Increase in Total Expenditures $11,703.00
CIP FUND
Expenditures:
Increase for CIP Program $ 9,600.00
Increase for PC Purchases 10,000.00
------------
Net Increase in Total Expenditures $19,600.00
Page 2
GENERAL FUND DETAIL
Detail for Revenues:
101-36230-00-000
101-36260-00-000
Detail for Expenditures:
101-42110-01-208
101-42210-01-580
101-45100-01-315
$ 8,403.00
3,300.00
$ 2,150.00
8,303.00
1,250.00
The Police Department purchased Alco -Sensors worth $1,600.00 with
money donated to them from the Rosemount Jaycees and $550.00 worth of
supplies for the D.A.R.E. program given to them from various local
organizations. The Fire Department purchased a hurst tool, a chain
for the hurst tool, a car telephone, a new PC, SCBA equipment, and a
portable resuscitator from donations they received throughout the year
from various local organizations. The Park & Rec Department used
money received from the Leprechaun Days Committee and the Knights of
Columbus to help pay for bands that performed during Leprechaun Days
and for costs associated with the Halloween program.
CIP FUND DETAIL
Detail for Expenditures:
202-49002-01-587
202-49002-01-588
$ 9,600.00
10,000.00
Council approved expenditures for the development of a
computerized CIP planning program that our financial consultants,
Springsted, Inc., are working withuson. Council also approved
expenditures for 6 new PC's and 3 new printers. These amendments to
the CIP budget would reflect those authorizations.