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4.9. SR 12-18-2017 Eclty1� ,.,�� Request for Action River To Item Number Mayor and City Council 4.9 Agenda Section Meeting Date Prepared by Consent December 18, 2017 Lori Ziemer, Finance Director Item Description Reviewed by 2017 Budget Amendments Cal Portner, City Administrator Reviewed by Action Requested Approve,by motion,budget amendments for the Fire State Aid and the Traffic Safety Enforcement Grant. Background/Discussion Budget amendments are intended to recognize changes to reflect major revenue and expenditure deviations from original budgeted amounts. Pass-through grants and state aids are received by a recipient government to transfer to a secondary recipient. As a general rule according to the Governmental Accounting Standards Board, the recipient government should recognize pass-through grants and state aids as revenues and expenditures. The city receives Fire State Aid which is transferred to the Elk River Fire Relief Association and a State Traffic Safety Enforcement Grant for participating law enforcement agencies. Past practice has been to net the revenue and expenditure rather than budgeting and reporting both the revenue and the expenditure. Thus, the proposed budget amendments are for accounting purposes only. Proposed budget amendments are for the following items: 1. Revenues: Intergovernmental revenues — Fire state aid $181,000 Intergovernmental revenues — State public safety grant $ 35,000 Total Revenues $216 000 2. Expenditures: Fire— Other retirement contributions $181,000 Police—Contractual services $ 35,000 Total Expenditures $216 000 Financial Impact The General Fund remains balanced for 2017. Attachments ■ 2017 Budget Amendment Summary The Elk River Vision A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By service, and community engagement that encourages and inspires prosperity INAWRE1 Adopted Budget Amended Budget Amendments Budget General Fund Revenues: Property taxes $9,969,250 $9,969,250 Other taxes 140,000 140,000 Licenses & Permits 714,950 714,950 Intergovernmental Revenues 293,500 216,000 509,500 Charges for Services 891,400 891,400 Fines 155,000 155,000 Other Revenues 217,500 217,500 Transfers In 1,996,800 1,996,800 Total Revenues 14,378,400 216,000 14,594,400 General Fund Expenditures Mayor & Council 148,800 148,800 Communications 111,300 111,300 Administrative Services 594,450 594,450 Human Resources 234,450 234,450 Elections 6,600 6,600 Finance 572,200 572,200 Information Technology 385,100 385,100 Legal 220,000 220,000 Community Development 223,400 223,400 Planning 297,450 297,450 Building Maintenance 638,850 638,850 Energy City 33,800 33,800 Police 5,142,250 35,000 5,177,250 Fire 908,550 181,000 1,089,550 Code Enforcement 93,650 93,650 Building Safety 665,300 665,300 Environmental 47,000 47,000 Street Maintenance 1,304,800 1,304,800 Snow Removal 305,950 305,950 Equipment Services 196,050 196,050 Engineering 218,500 218,500 Parks Maintenance 1,047,950 1,047,950 Recreation 732,400 732,400 Sr. Citizen Programs 249,600 249,600 Total Expenditures 14,378,400 216,000 14,594,400 CITY OF ELK RIVER 2017 PROPOSED BUDGET AMENDMENTS