HomeMy WebLinkAbout6.h. Budget Amendments
EXECUTIVE SUMMARY
City Council Meeting Date: April 7, 2020
AGENDA ITEM: Budget Amendments AGENDA SECTION:
Consent
PREPARED BY: Jeff May, Finance Director AGENDA NO. 6.h.
ATTACHMENTS: Council Memo, Resolution & Donation
Worksheets APPROVED BY: LJM
RECOMMENDED ACTION: Motion to adopt A Resolution Approving the Amendment of
Certain 2020 Budget Items for the General Fund as outlined in the attached memo.
BACKGROUND
The Council is requested to formally amend the 2020 General Fund budget by resolution for donation
items that Council had previously authorized covering expenditures made during the first quarter of 2020.
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 the Council authorize
the expenditure and amend the budgets at the time the expenditure is made, and then periodically bring
forward 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.
RECOMMENDATION
Recommend the above motion to approve the budget amendments for the 1st quarter of 2020.
MEMORANDUM
To: Mayor Droste
Council Members Block, Essler, Freske & Weisensel
From: Jeff May, Finance Director
Date: March 31, 2020
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) $ 954.27
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Total Revenues $ 954.27
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Detail for Expenditures:
101-45100-01-439.00 (Other Miscellaneous Charges) $ 954.27
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Total Expenditures $ 954.27
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CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2020 -
A RESOLUTION APPROVING THE AMENDMENT OF
CERTAIN 2020 BUDGET ITEMS
WHEREAS, the City Council recognizes the need to amend certain items from the 2020 General
Fund Operating Budget, the totals which are as follows:
(1) General operating revenues, the total which reflects an increase of $954.27;
(2) General operating expenditures, the total which reflects an increase of $954.27;
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 2020 General Fund
Operating Budget.
ADOPTED this 7th day of April, 2020.
_____________________________
William H. Droste, Mayor
ATTEST:
__________________________
Erin Fasbender, City Clerk