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7.9. SR 12-17-2007~/ City of Elk -.-^ River REQUEST FOR ACTION To ~ Item Number Ci Council 7.9. Agenda Section Meeting Date Prepared by Administration December 17, 2007 Tim Simon, Finance Director Item Description Reviewed by Consider 2007 Budget Amendments Reviewed by Action Requested The City Council is asked to consider the budget amendments as stated in the proposed 2007 budget amendments attachment. Background/Discussion Budget amendments are presented to the City Council each December in accordance with the City's Financial Management Plan. Sections 6.3 and 6.3.1 of the Financial Management Plan regarding budget amendments are reprinted below for your reference. 6.3 The budget shall be adjusted as needed to recognize significant deviations from original budget expectations. The Council shall consider budget amendments each December. Budget amendments are intended to recognize changes made by the Council during the year, to reflect major revenue and expenditure deviations from budgeted amounts, and to consider year-end budget requests. Budget amendments are not intended to create a budget that matches budgeted revenues and expenditures to actual revenues and expenditures. 6.3.1 Administrative budget amendments may be made throughout the year by Department Heads to adjust line item budgets within their department as long as the total departmental budget does not change. These line item budget changes exclude personal service and capital outlay categories. Administrative budget amendments must be requested in writing and approved by the City Administrator and Finance Director. During the course of the year, the City Council approves items which are not included in the adopted budget. Some of the expenditures are authorized to be taken out of the Council Contingency budget. Also during the course of the year, a grant may be received or another revenue source identified in which case both the revenues and expenditures are approved. Department heads make administrative adjustments as allowed by the financial management plan. All of these items are incorporated into the year end budget amendments presented to the Council for approval. There are only two significant changes to the 2007 expenditure budget, both of which can be reallocated from Council Contingency. The first amendment is to increase insurance line item in the building department due to the builders' lawsuit. The first invoice was received late in 2006, which did not allow enough time to amend the origina12007 budget. The second amendment is for Police overtime fox a number of items including amounts that are reimbursed from the State Crime Prevention Grant. S:\Council\Tim\2007 Budget Amendments.doc Pinewood and Ice Arena operating transfer will be adjusted based on the actual required amounts, which will be determined at year-end. Revenue amendments are proposed for increasing interest income and a grant received for sending fire- fighters to the Ham Lake Fire in 2007. Financial Impact Revenue amendments are proposed in the amount of $166,400 and expenditure amendments are proposed in the amount of $42,250. Attachments • 2007 Budget Amendment Summary Action Motion by Second by Vote Follow Up S:\Council\Tim\2007 Budget Amendments.doc City of Elk River Proposed 2007 Budget Amendments December 17, 2007 Proposed Final Revenues Adopted Amendment Amended Taxes 8,263,000 8,263,000 Licenses & Permits 870,700 - 870,700 Intergovernmental Revenue 970,150 - 970,150 Charges for Service 789,200 - 789,200 Fines & Forfeits 159,500 - 159,500 Other Revenues 132,200 141,500 273,700 Transfers 421,000 24,900 445,900 Total 11,605,750 166,400 11,772,150 Expenditures Proposed Final Department Adopted Amendment Amended MAYOR & COUNCIL 210,150 - 210,150 CABLE TV 92,400 - 92,400 ADMINISTRATION 439,250 - 439,250 HUMAN RESOURCES 83,500 - 83,500 ELECTIONS - - - FINANCE 450,050 - 450,050 INFORMATION TECHNOLOGY 237,350 - 237,350 LEGAL 249,850 - 249,850 COMMUNITY DEVELOPMENT 170,300 - 170,300 PLANNING 294,450 - 294,450 CITY HALL 245,150 - 245,150 CONTINGENCY 89,000 (75,000) 14,000 POLICE 3,745,150 52,100 3,797,250 FIRE 627,750 38,550 666,300 EMERGENCY MANAGEMENT 43,100 1,600 44,700 BUILDING & ENVIRONMENTAL 673,900 25,000 698,900 ENVIRONMENTAL 88,050 - 88,050 STREETS 1,292,650 - 1,292,650 SNOW REMOVAL 304,550 - 304,550 EQUIPMENT SERVICES 235,700 - 235,700 ENGINEERING 209,100 - 209,100 PARK MAINTENANCE 678,150 - 678,150 RECREATION 743,400 - 743,400 SR. CITIZEN PROGRAMS 165,900 - 165,900 ENERGY CITY 42,300 - 42,300 TRANSFERS 194,600 - 194,600 TOTAL 11,605,750 42,250 11,648,000 Surplus (Deficit) - 124,150 124,150 * Ice Arena and Pinewood operating transfers will be adjusted based on actual required CITY OF ELK RIVER 2007 BUDGET AMENDMENT DETAIL December 17, 2007 REVENUES Dept. Detail Total Source Line Item Description Other Revenue Interest Income $125,000 Refunds & Reimbursements Ham Lake Fire 16,500 $141,500 Transfers In * Liquor 2006 Ford Explorer -Fire 24,900 $24,900 TOTAL REVENUE AMENDMENTS $ 166,400 EXPENDITURES Department Human Resources Information Technology Legal Planning Contingency Police Fire Emergency Management Building/Environmental Snow Removal Senior Center Line Item Description Detail Office Supplies Purchase file cabinet 1,100 Professional Services Transfer to Office Supplies (1,100) Other Professional Services Transfer to Travel, Conferences & Schools (500) Travel, Conferences & School s Additional training classes 500 Personal Services Transfer to Legal Fees (146,958) Legal Fees Transfer from Personal Services 146,958 Office Supplies Replace Sr. Planner computer 2,500 Travel, Conferences & School s Transfer to Office Supplies (2,500) Allocate to Police Patrol Overtime (50,000) Allocate to Building Liability Premium (25,000) Patrol Overtime Increase " Operating Supplies Support Svc Purchase parking permits/auto boot Office Supplies Supplies for new employee " Building Repair & Maintenance Station 1 repairs/flag pole project * Equipment 2006 Ford Explorer Operating Supplies Backup for warning sirens Travel, Conferences & Schools Laptop for EOC Insurance Additional Liability Premium Operating Supplies Purchase more salt Contractual Services Transfer to Operating Supplies Operating Supplies Activity Center supplies Utilities Transfer to Operating Supplies Building Repair & Maintenance Cabling for Activity Center Contractural Services Transfer to Building Repair & Maint. Dues & Subscriptions Purchase periodicals TOTAL EXPENDITURE AMENDMENTS Note: The budget amendments listed above have not been approved by the Council with the exception of those marked with an asterick. Those are requests that Council has approved earlier this year. Dept. Total 50, 000 2,100 3,500 10,150 24,900 2, 500 (900) 25, 000 7,500 (7,500) 1,400 (2, 000) 5, 000 (5,000) 600 (75,000) 52,100 38, 550 1,600 25, 000 $ 42,250 12/13/2007;2007 Amendments Page 1 COUNCIL CONTINGENCY ACTIVITY SUMMARY Adopted Contingency Budget $ 89,000 Council Approved Expenditures CAER Walk-in freezer contribution 115 Planning Code Enforcement Software 3,200 Council Approved Allocations to other Departments Police Patrol Overtime 50,000 Building Liability Premium 25,000 Contingency Balance Remaining $ 10,685 12/13/2007;2007 Amendments Page 2