HomeMy WebLinkAbout5.F.5. 2008 Budget Amendment-Res. No. 6835
s'F.S'.
CITY OF SHAKOPEE
Memorandum cn~~~' ~~~
"',' k ,), ""~' ,i,1 I
Uf'" ,'" ~.~>J i
~ "'i'~~ Hili
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
RE: 2008 Budget Amendment Resolution No. 6835
DATE: November 5, 2008
:rnt:.roduet:.ion
Attached is a resolution which amends the 2008 Budget.
Background
The 2008 budget needs to be amended for;
1- Tahpah Park electrical service panel $17,500, authorized 10/16/07.
Addressed in previous budget amendment memo but not included in
resolution.
2. Telecomm edit suite items ordered in 2007, received in 2008 $19,900.
3. Library noise study $5,000 previously authorized.
4. Liability insurance premium allocation $24,120.
5. police overtime for RNC $42,000.
6. Move funding for building energy study from unallocated to Facilities
$10,000.
7. Transfer out to debt service funds to maximize pay 2009 limited levy
$253,115.
The net change for General Fund 2008 budget is deficit of $17,500 (2007
project) plus the $253,115 for the debt service transfer out which will be
replaced in 2009. The attached resolution is provided for Council action.
Action
Offer Resolution Number 6835, A Resolution Amending Resolution NO. 6700 A
Resolution Adopting The 2008 Budget, and move its adoption.
Gregg voxland
Finance Director
h:\budget08\Budamend08B
RESOLUTION NO.6835
A RESOLUTION AMENDING RESOLUTION NO. 6700
A RESOLUTION ADOPTING THE 2008 BUDGET
WHEREAS, the City Council of the city of Shakopee has adopted a Budget for
2008, and
WHEREAS, due to changing conditions and circumstances, there is reason to
amend the Budget,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE,
MINNESOTA, that the 2008 Budget is amended as follows:
General Fund
Mayor/Council $ 200
Administration 600
Clerk 420
Finance 900
Planning 630
Facilities 10,340
IT 360
police 48,820
Fire 2,240
Inspections 950
Engineering 910
Street 2,200
Fleet 110
Park 19,310
Library 5,270
Unallocated (23,760)
Transfers out (debt service) 253,115
Revenue - police services 42,000
Transit Fund 2,420
Telecomm Fund 20,260
Recreation Fund 2,580
Adopted in session of the City Council of the City of Shakopee,
Minnesota held this day of , 2008.
Mayor of the City of Shakopee
ATTEST:
City Clerk