TO: Mayor and Commission AGENDA DATE: 4/6/2020
FROM: Dr. Marc-Antonie Cooper, Interim City Manager AGENDA ITEM: 10 - A
SUBJECT:
Title
Request for approval of Resolution Number 2020-13; budget amendment for the Equipment Replacement Fund. - Camille Hooper, Finance, (386) 878-8553.
Strategic Goal: {Fiscal Issues} Maintain a balanced budget.
Body
LOCATION:
N/A
BACKGROUND:
Background
The attached resolution is an amendment to carry forward funds that were budgeted in the Replacement Equipment Fund for the 2018-19 fiscal year for equipment and software for the Parks and Recreation and Construction Services departments. The purchases/installation of these items were initiated but not completed by September 30, 2019, so this amendment will rebudget the funds in the current fiscal year so the purchases can be completed.
Upon approval of this item authorizes any and all necessary actions, documents or budget transfers to facilitate Commission approval and further authorized the Interim City Manager to sign any documents necessary to further Commission approval of this item.
End
COST:
501-640150 $190,700
501-640400 $57,100
SOURCE OF FUNDS:
Equipment Replacement Fund Balance
ORIGINATING DEPARTMENT:
Finance
STAFF RECOMMENDATION PRESENTED BY:
Camille Hooper, Finance Director - Recommends approval of Resolution 2020-13, budget amendment for the Equipment Replacement Fund.
POTENTIAL MOTION:
Recommendation
“I move to approve Resolution Number 2020-13, budget amendment for the Equipment Replacement Fund. Upon approval of this item authorizes any and all necessary actions, documents or budget transfers to facilitate Commission approval and further authorized the Interim City Manager to sign any documents necessary to further Commission approval of this item.”
END