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4.3. SR 12-22-1997~_ _.y of River TO: FROM: DATE: SUBJECT: MEMORANDUM Item #4.3. Mayor & City Council Lori Johnson, Asst. City Administrator/ Finance Director December 22, 1997 Budget Am endments On Monday the City Council will be asked to act on the 1997 budget amendments. Throughout the year the City Council approves unanticipated or new program expenditures which were not included in the adopted budget. Therefore, at year end budget amendments are approved in order to incorporate these previously approved expenditures into the budget. Also, significant variances in revenues and additional expenditure requests are included in the budget amendments. As you are aware, budget amendments are not intended to create a final budget which mimics actual year end revenues and expenditures; instead, budget amendments are a method of incorporating significant deviations from the adopted budget due to revenue variances and additional expenditures. Again this year, revenues will exceed expenditures due to the continued building and development activities which have generated revenues in excess of the adopted budget estimates. Because these revenues can fluctuate significantly due to the economy, real estate market conditions, and other factors, the adopted budget estimates tend to be conservative. This helps to decrease the reliance on unsure revenue sources. On the expenditure side, excluding additional Council approved expenditures, most departments are close to their adopted budget. Budget amendment details and estimated year end balances will be provided to the Council as a handout on Monday. However, ff you have questions prior to that time, please feel free to contact me. Action Requested The Council is asked to consider the 1997 budget amendments and encumbrances as stated in the handouts. s :\couneil\97b gtamd.doc 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 ° TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425 1997 BUDGET AMENDMENT SUMMARY REVENUES GENERAL PROPERTY TAX INTERGOVERNMENTAL REVENUES CHARGES FOR SERVICES FINES & FORFEITS LICENSES & PERMITS OTHER REVENUES TRANSFERS USE OF FUND BALANCE TOTAL 1997 ADOPTED $2,465,900 1,015,700 377,300 77,000 267,000 138,900 168,550 25,500 1997 AMENDMENT AMENDED $2,465,900 1,015,700 121,000 498,300 77,000 187,000 454,000 138,900 (35,000) 133,550 (25,500) $4,535,850 $247,500 $4,783,350 EXPENDITURES 1997 ADOPTED 1997 AMENDMENT AMENDED MAYOR & COUNCIL ADMINISTRATION & FINANCE ECONOMIC DEVELOPMENT ELECTIONS LEGAL BUILDING & ZONING ENERGY CITY DATA PROCESSING PLANNING COMMISSION PLANNING ENGINEERING GOVERNMENT BUILDINGS POLICE FIRE POLICE RESERVES EMERGENCY PREPAREDNESS STREETS EQUIPMENT REPAIR & MAINT. SNOW REMOVAL STREET LIGHTING SHADE TREE PARKS RECREATION SR, CITIZEN PROGRAMS CONTINGENCY TRANSFERS OUT TOTAL $76,8OO 497,45O 31,550 18,500 54,000 313,750 30,200 36,050 6,800 165,700 34,000 104,000 1,623,900 278,750 24,600 13,350 462,150 99,900 97,850 1,500 11,600 140,550 166,000 39,300 207,600 $4,535,850 $76,800 15,100 512,550 800 32,350 18,500 54,000 22,950 336,700 (10,000) 20,200 5,800 41,850 6,800 165,700 34,000 104,000 6,900 1,630,800 12,550 291,300 24,600 13,350 36,550 498,700 99,900 2,200 100,050 1,500 11,600 140,550 166,000 950 40,250 (93,800) 113,800 35,000 35,000 $35,000 $4,570,850 12/22/97;BGTAMEND.XLS Page 1 REVENUES Charges for Services Licenses & Permits Transfers In Use of Fund Balance 1997 BUDGET AMENDMENT DETAIL Admin. Project Fees Planning & Zoning Fees Plan Check Fees Fire Contracts Softball League Fees Building Permits Plumbing & Heating Permits Street Reserve Dept. Detail Total ($10,000) 10,000 100,000 30,000 (9,000) 160,000 27,000 (35,000) (25,500) $121,000 187,000 (35,000) (25,500) EXPENDITURES Administration & Finance Economic Development Building & Zoning E, ,¢rgy City Data Processing Police Fire Department Streets Snow Removal Senior Citizen Programs Contingency ;fers Out Personal Service Capital Outlay Personal Service Personal Services Personal Services Personal Services Professional Services Capital Outlay Personal Service Personal Service Equipment Repair & Maint. Operating Supplies Capital Outlay Personal Service Operating Supplies Operating Supplies Personal Service Personal Services Operating Supplies Professional Services Equipment Repair & Maint. Capital Outlay Severance Pay Fund Copy Machine Reallocation from Energy City Reallocation to Bldg & Zoning Network Administration B & Z and Planning PCs Major Unanticipated R & M SCBA Equip., Dump Tank 20pticon Units Radios Cutting Edges & Plow Lights $11,600 3,500 800 12,950 10,000 (10,000) 2,000 3,800 6,900 1,550 3,000 6,000 2,000 34,150 2,4OO 2,200 95O (68,900) (1 O,60O) (2,OOO) (3,OOO) (9,300) 35,000 $15,100 800 22,950 (10,000) 5,800 6,900 12,550 36,550 2,200 95O (93,800) 35,000 12/22/97;BGTAMEND.XLS Page 1 .sonal Service amendments include COLA and new positions unless otherwise noted. 1997 PURCHASE REQUESTS Authorization is requested to make the following expenditures from the 1997 Contingency Budget. No budget amendment is necessary as funds are available in the existing Contingency Budget. Contingency Fund Historical Society Contribution Central Minn. Initiative Fund Rescue Retrieval Unit - Safety equipment TOTAL $8,000 2,500 2,050 $12,550 12/22/97;BGTAMEND.XLS Page 2