HomeMy WebLinkAbout6.f. Budget Assignments
EXECUTIVE SUMMARY
City Council Meeting Date: February 18, 2020
AGENDA ITEM: Budget Assignments AGENDA SECTION:
Consent
PREPARED BY: Jeff May, Finance Director AGENDA NO. 6.f.
ATTACHMENTS: Resolution and 2019 Assignment Journal
Entries APPROVED BY: ELF
RECOMMENDED ACTION: Motion to adopt a Resolution Approving the Assignment of
Certain 2019 Budget Items to 2020.
ISSUE
The issue before the City Council is the annual assignment 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 assignment items for the
General Fund, the Street CIP Fund and the Equipment CIP Fund. The attached journal entry worksheet
summarizes the reasons for the assignment requests. Assignments are typically made for items unspent in
one year that can be carried forward (“assigned”) to future years.
Examples of items that have assignments are:
(1) multi-year programs like the Government Buildings Repairs & Maintenance account and the Parks
Maintenance Repairs & Maintenance account;
(2) items or projects that are not completed in the previous year that require the budgeted funding to be
carried forward; and
(3) upcoming one-time expenditures to be made with unused funds from the previous years.
RECOMMENDATION
Staff is recommending that the City Council adopt the attached resolution assigning the listed items from
2019 forward to 2020.
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2020 - 23
A RESOLUTION APPROVING THE ASSIGNMENT OF
CERTAIN 2019 BUDGET ITEMS TO 2020
WHEREAS, the City Council recognizes the need to carry forward to 2020 certain
balances from the 2019 General Fund Operating Budget, the 2019 Street CIP Budget
and the 2019 Equipment CIP Budget, which are summarized as follows:
(1) General Fund items that total an amount of $318,000.00;
(2) Street CIP items that total an amount of $100,000;
(3) Equipment CIP items that total an amount of $131,000.00;
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Rosemount
hereby approves the assignment of the above listed account items from the 2019
budgets to 2020.
ADOPTED this 18th day of February, 2020.
_____________________________
William H. Droste, Mayor
ATTEST:
__________________________
Erin Fasbender, City Clerk
2019 Assignment General Journal Entries
101-41320-31-306.00 6,000.00 Future Training / Recruitment Costs
101-41320-31-315.01 3,000.00 Future Training / Recruitment Costs
101-24423 9,000.00
To assign excess 2019 funds for future training and recruitment costs
101-41520-01-393.00 6,500.00 I/T Projects
101-24441 6,500.00
To assign excess 2019 funds for future I/T projects not completed in 2019
101-41810-01-392.00 9,000.00 Laserfiche Software Costs
101-41810-01-393.00 1,000.00 Laserfiche Hardware Costs
101-24438 10,000.00
To assign excess 2019 General Government funds for future Laserfiche expenses
101-41910-01-202.00 5,000.00 C/D Projects
101-24427 5,000.00
To assign excess 2019 Community Development funds for subdivision ordinance revisions
101-41940-01-225.00 1,500.00 Landscaping for Government Building Landscaping Projects
101-45202-01-319.02 4,000.00 Landscaping for Government Building Landscaping Projects
101-24429 5,500.00
To assign excess 2019 funds not spent for future Government Buildings landscaping projects
101-41940-01-439.00 3,000.00 LED Lighting Upgrades
101-24456 3,000.00
To assign excess 2019 funds not spent for future lighting upgrade projects
101-41940-01-530.00 22,000.00 Government Buildings Long-Term Repair & Maintenance
101-24429 22,000.00
To assign excess 2019 funds not spent for future Government Buildings long-term repair and maintenance costs
101-43100-01-404.02 10,000.00 P.W. Car / Truck Wash
101-24466 10,000.00
To assign excess 2019 funds for a future P.W. Car / Truck Wash Bay
101-43121-01-402.00 72,000.00 Parking Lot Maintenance
101-24454 72,000.00
To assign excess 2019 funds not spent for future Parking Lot Maintenance long-term repair & maintenance costs
101-43121-01-408.00 25,000.00 Crackseal/Sealcoating/Patching
101-24457 25,000.00
To assign excess 2019 funds not spent for future Streets Maintenance long-term repair & maintenance costs
101-45202-01-220.00 3,000.00 Splash Pad Costs
101-24460 3,000.00
To assign excess 2019 funds not spent for Splash Pad costs
101-45202-01-403.01 2,000.00 Parks Irrigation Improvements
101-24461 2,000.00
To assign excess 2019 funds not spent for Parks irrigation improvements
101-45202-01-530.00 145,000.00 Parks Maintenance Long-Term Repair & Maintenance
101-24430 145,000.00
To assign excess 2019 funds not spent for future Parks Maintenance long-term repair & maintenance costs
203-49003-01-532.00 100,000.00 Pedestrian Improvements
203-24433 100,000.00
To assign 2019 Street CIP funds forward to 2020 for Pedestrian Improvements L/T repair & maintenance costs
207-49007-01-540.00 22,000.00 Final Bob Cat Expenses
207-49007-01-541.00 75,000.00 Final Tractor Expenses
207-24465 97,000.00
207-49007-01-579.00 20,000.00
207-24463 20,000.00
207-49007-01-587.00 14,000.00 Network Server Equipment
207-24490 14,000.00
To assign 2019 Equipment CIP funds forward to 2020 for delayed purchases / projects