Back to Calendar
City Council Regular
Consider Resolution 19-42 Reallocating the 2018 General Fund Budget and Amending the 2018 and 2019 Budgets
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
AgendaQuick©2005 - 2019 Destiny Software Inc., All Rights Reserved