4.5. SR 11-05-2018 Eclty1� ,.,�� Request for Action
River
To Item Number
Mayor and City Council 4.5
Agenda Section Meeting Date Prepared by
Consent November 5, 2018 Lori Ziemer, Finance Director
Item Description Reviewed by
2018 Budget Amendments Cal Portner, City Administrator
Reviewed by
Action Requested
Approve,by motion,budget amendments for 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 that is transferred to 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 $187,000
Intergovernmental revenues — State Public Safety grant $ 40,000
Total Revenues $227 000
2. Expenditures:
Fire— Other retirement contributions $187,000
Police—Contractual services $ 40,000
Total Expenditures $227 000
Financial Impact
The General Fund remains balanced for 2018.
Attachments
■ 2018 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 $10,497,800 $10,497,800
Other taxes 150,000 150,000
Licenses & Permits 877,900 877,900
Intergovernmental Revenues 324,500 227,000 551,500
Charges for Services 937,900 937,900
Fines 151,000 151,000
Other Revenues 226,500 226,500
Transfers In 2,063,950 2,063,950
Total Revenues 15,229,550 227,000 15,456,550
General Fund Expenditures
Mayor & Council 155,300 155,300
Communications 306,900 306,900
Administrative Services 511,900 511,900
Human Resources 250,550 250,550
Elections 42,250 42,250
Finance 586,250 586,250
Information Technology 431,300 431,300
Legal 230,000 230,000
Community Development 150,050 150,050
Planning 405,800 405,800
Building Maintenance 679,750 679,750
Energy City 33,000 33,000
Police 5,470,050 40,000 5,510,050
Fire 955,000 187,000 1,142,000
Code Enforcement 98,750 98,750
Building Safety 678,450 678,450
Environmental 48,400 48,400
Street Maintenance 1,355,450 1,355,450
Snow Removal 298,700 298,700
Equipment Services 210,400 210,400
Engineering 234,200 234,200
Parks Maintenance 1,118,800 1,118,800
Recreation 726,800 726,800
Sr. Citizen Programs 251,500 251,500
Total Expenditures 15,229,550 227,000 15,456,550
CITY OF ELK RIVER
2018 PROPOSED BUDGET AMENDMENTS