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HomeMy WebLinkAboutBudget Amendments Oak Park Heights Request for Council Action Meeting Date March 13, 2001 Agenda Item Title Budizet Adiustments /Vehicles Time Required 5 Minutes Agenda Placement Old Business Originating Department/ Requestor Finance /Judv Holst, Deputv Clerk/ Finance Director Requester's Signature Action Requested Approve budizet adiustments and reallocation of Budgeted Proiects designations Background/ Justification (Please indicate if any previous action has been taken or if other public bodies have advised) Budgeted Projects Fund has a deficit in Vehicle Account. Requesting transfer from General Fund to cover deficit and requesting budget adjustments in General Fund to cover transfer. Also requesting reallocation of unused designations in Budgeted Project Fund. See attached memo. Date /Time Received 3 -8 -01 4:00 p.m. City Administrator/ Date Financial Implications $00 Budget Line item transfers: net budget chanize is $0 Budgeted: Yes x No Funding: Levy Other Administrative Recommendation: Approve Deny No Recommendation Comments: S: \ SHARED \Forms \COUNCIL ACTION REQUEST.doc ilk Memo March 8, 2001 To: Mayor and Council From: Judy Holst, Deputy Clerk/Finance Director Re: Budget Adjustments After completing the audit review and reviewing the Budgeted Projects Fund, I determined the Vehicles account in the Fund has a deficit of $24,260. I reviewed the 2001 Public Works budget with the Public Works Director and we came to the conclusion the funds should be transferred from the General Fund and the Utility Fund to the Budgeted Projects Fund this year to cover this deficit. We also recommend funds be set aside in future budgets for purchase of vehicles. The adjustments would be line item adjustments and will not change the total General Fund or Utility Fund budgets. The adjustments we recommend are as follows: Public Works Street Maintenance Professional & Consultant Services ($500) Other Contractual Services ($1,000) Rent of Equipment ($275) Transfer to Budgeted Projects $1,775 Public Works Snow Removal Machinery & Auto Equipment ($1,000) Transfer to Budgeted Projects $1,000 Parks Other Contractual Services ($4,000) Other Materials & Supplies ($500) Furniture & Equipment ($1,000) Other Improvements ($500) Transfer to Budgeted Projects $6,000 Total General Fund to Budgeted Projects $8,775 n March 8, 2001 Budget Adjustments Page 2 Utilitv Fund — Water Professional & Consultant Services ($1,000) Postage ($1,000) Telephone ($1,200) Maintenance/Repair Bldg/Structures ($1,000) Chemical Supplies ($1,000) Office Supplies ($450) Furniture & Equipment ($600) Other Improvements ($250) Transfer to Budgeted Projects $6,500 Utilitv Fund — Sewer Postage ($1,000) Telephone ($500) Other Contractual Services ($1,000) Office Supplies ($400) Other Improvements ($2,000) Transfer to Budgeted Projects $,9,900 Utilitv Fund — Storm Sewer Other Contractual Services ($4,000) Transfer to Budgeted Projects $4,000 Total Utility Fund to Budgeted Projects $16,400 Total General & Utility Fund Transfer $24„ 75 As of 12 -31 -00 the Budgeted Project Fund had designations as follows: Sealcoat/Crack Seal $51,113 Recreation $2,439 Land Acquisition $5,000 Perro Creek $7,180 St. Croix Valley Hockey Arean ($15,000) Vehicles ($24,260) Unallocated $7,662 March 8, 2001 Budget Adjustments Page 2 The Recreation Budget is the Garden Committee Funds. The amount in Land Acquisition is a fairly small amount considering the price to purchase property. The Perro Creek funds were deposited with the intention of accumulating funds for that project which is now being paid by the State. $15,000 was transferred out of the Budgeted Projects Fund in the year 2000 for the annual Hockey Arena payment. There was not a designation of funds within the Budgeted Projects Fund for this payment. I therefore recommend reallocating the Land Acquistion, Perro Creek and Unallocated funds as follows: 4 Sealcoat/Crack Seal $4,842 Land Acquisition ($5,000) , rr" Perro Creek ($7,180) Our St. Croix Valley Hockey Arean $15,000 Unallocated ($7,662) Budgeted Projects and Equipment Revolving Fund Schedule of Activity 12/31/00 Balance Balance Suggested Balance 12/31/99 Revenues Expenditures 12/31/00 Reallocation " 12/31/00 Sealcoat/Crack Seal 46,113 5,000 0 51,113 4,842 55,955 Recreation 1,524 1,471 556 2,439 2,439 " Land Acquisition 5,000 0 0 5,000 (5,000) 0 Perro Creek 7,180 0 0 7,180 (7,180) 0 St. Croix Valley Hockey Arena 0 0 15,000 (15,000) 15,000 0 Vehicles (30,010) 5,750 0 (24,260) (24,260) Unallocated 5,908 2,254 500 7,662 (7,662) 0 Totals 35,715 14,475 16,056 34,134 0 34,134 ' Recreation is all Garden Committee Revenues and Expenditures. Actual Park & Recreation is ($3,368) as of 12- 31 -99. Reallocation I would recommend if Council approves. 2001 2001 12/31/01 Balance Estimated Estimated Estimated 12/31/00 Revenues Expenditures Balance Sealcoat/Crack Seal 55,955 0 41,000 14,955 Recreation 2,439 2,000 700 3,739 Land Acquisition 0 0 0 0 Perro Creek 0 0 0 0 St. Croix Valley Hockey Arena 0 0 0 0 Vehicles (24,260) 24,260 0 0 PD Donation 0 250 250 0 Trees 0 19,700 19,700 0 Unallocated 0 1,900 0 1,900 Totals 34,134 48,110 61,650 20,594 ENCL OSURE r� �► Oak Park Heights Request for Council Action Meeting Date November IA. 2001 Agenda Item Title Budget Adiustments Time Required Agenda Placement Consent Originating Department / Requestor Finance — Judy Holst /Deputy Clerk /Finance Director Requester's Signature Action Requested Approve budget adjustments for tree removal /Dlanting Background /Justification (Please indicate any previous action, financial implications including budget information and recommendations). See attached memo. n Memo November 8, 2001 To: Mayor and Council From: Judy Holst, Deputy Clerk/Finance Director Re: Budget Adjustments On October 23, 2001 approval was granted for tree removal and pruning. There are a few budget adjustments necessary to fund this contract. We received a $600 grant from Trade a Tree in September and we were reimbursed $300 from residents for removal of damaged trees. These funds are not in the 2001 budget but the removal and planting was completed in 2001. I recommend a budget adjustment to revenues to account for these funds and a budget adjustment to expenditures in the Tree Removal/Planting Department — Contractual Services. There is also $1,000 in the Arborist Department for emergency services that will not be used by the tree inspector. The inspector is requesting the funds be transferred to Tree Removal/Planting Department — Contractual Services. Summary of adjustments are as follows: Increase 101- 38076 -000 Tree Trust Grant from $0 to $600 Increase 101- 37010 -000 General Government from $12,000 to $12,300 Decrease 101 - 42040 -106 Arborist - Emergency Professional Services from $1,000 to $0 Increase 10142520 -212 Tree Removal/Planting — Contractual Services from $15,000 to $16,900 VENNMIL NNW ENCLOSURE 03 ^ Oak Park Heights ^ Request for Council Action Meeting Date �� - Qv� • a3,�d Agenda Item Titlei e_ Q e.w% , o%j &,- R r u V% 4 Time Required Agenda Placement C �-- originating Department / Requestor �� �^� ewe- ��� U) d "" Requester's Signature- -J Action Requested e t m �.} ��- Background/Justification (Please indicate any previous action, financial implications including budget information and recommendations). e,rAA c� .� e< w.5 o4..lc:s � k.0%J\ L L Joe_ V �1 a d - -3�e.� Zoo k �I t'�k. CZ- �,,, .1 •-�� '�" /,�i �'c.�iv�.� � eC. /5? •��t'� o`F'"�� ���K.�i✓ �I/�L.c. kJ'tr /"�L \ v` (`�� C.� �'GLZ6. 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