TO: Mayor and Commission AGENDA DATE: 10/19/2020
FROM: Dr. Marc-Antonie Cooper, Interim City Manager AGENDA ITEM: 10 - D
SUBJECT:
Title
Request for approval of Resolution No. 2020-61, Budget Amendment for Replacement Equipment Fund for FY 2020-2021 - Camille Hooper, Finance Director, (386) 878-8552; and John Peters III, Public Works Director, (386) 878-8973.
Strategic Goal: Fiscal Issues - Maintain a Balanced Budget
Body
LOCATION:
Citywide
BACKGROUND:
Background
The Commission approved the annual budget for FY 2020-21 on September 21, 2020. Staff requests budget amendment as detailed in attached Exhibit A to
* Appropriate $30,000 unencumbered fund balance in the Replacement Equipment Fund to cover the estimated cost of security cameras for Public Works Depot not included in original budget request.
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:
$30,000 Replacement Equipment Fund 501-640500
This amendment increases budgeted expenditures as follows:
Replacement Equipment Fund - $30,000 (Exhibit A)
SOURCE OF FUNDS:
$30,000 Unencumbered Replacement Equipment Fund Balance
ORIGINATING DEPARTMENT:
Finance/Public Works
STAFF RECOMMENDATION PRESENTED BY:
Camille Hooper, Finance Director - Staff recommends approval of Resolution No. 2020-61, Budget Amendment for the Replacement Equipment Fund for FY 2020-21.
POTENTIAL MOTION:
Recommendation
"I move to approve Resolution No. 2020-61, Budget Amendment for the Replacement Equipment Fund for FY 2020-21. 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."
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