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City Council Regular
Meeting Date: 04/16/2019  
Subject:    Consider Resolution 19-42 Reallocating the 2018 General Fund Budget and Amending the 2018 and 2019 Budgets
From: Francine Hanson, Finance Director

Final 2018 General Fund budget reappropriations and additional carry forwards are recommended.
Resolution 19-42 is attached for your consideration and includes the following items:

Reallocation of appropriations in the 2018 General Fund budget
After all transactions are completed each year, the General Fund budget is compared to year-to-date expenditures to ensure that each activity does not exceed budgeted amounts.  Net adjustments equal to zero are being recommended.  Budget reappropriations require a simple majority vote (4 members).

2018 carry-over to 2019 budget
Council is asked to consider carrying forward an additional $62,420 in the Golf Fund for a combination oven for Kendall's restaurant that was budgeted in 2018 but was not purchased until February of 2019.
Staff recommends adoption of Resolution 19-42 Reallocating the 2018 General Fund Budget and amending the 2018 and 2019 budgets.

Resolution 19-42 Reallocation of Appropriations

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