Title
Ordinance in the Amount of $1,332,576 Amending the City’s FY 2020-21 Equipment Services Fund Budget
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Equipment Services, Finance
Council District: n/a
Public Hearing: n/a
Advertising Date/By: n/a
Contact 1 and Phone: Marlene Druga, ext 2094
Contact 2 and Phone: Chris Payne, ext. 2188
PURPOSE:
The purpose of this ordinance is to amend the FY 2020-21 Equipment Services fund budget by $1,332,576 for the purchase of vehicles and equipment related to capital outlay requests, replacements to the lease program, and mid-year additions.
BACKGROUND:
Equipment Services needs to amend their appropriations in order to purchase $331,246 in approved vehicles and $1,001,330 in approved equipment. Of these vehicles and equipment:
• 1 vehicle for parking facilities was approved through a capital outlay request made during the FY 2020-21 budget development process,
• 16 vehicles and equipment are added through mid-year request: 6 equipment/vehicles for Field Operations and Stormwater, 4 vehicles for Neighborhood Development, and 6 vehicles for Police.
BUDGET IMPACT:
If approved, revenues from the General Fund, the Solid Waste Management Fund, Stormwater Management Fund and the Parking Facilities Fund will be appropriated to the Equipment Services fund revenues for purchasing previously approved equipment and vehicles. A budget ordinance and related budget adjustments are required to complete this request.
RECOMMENDATION / ACTION REQUESTED:
It is requested that City Council approve the budget ordinance amending the FY 2020-21 Equipment Services Fund budget in the amount of $1,332,576.