HomeMy WebLinkAbout15.F.5. 2003 Budget Amendment-Res. No. 5976
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CITY OF SHAKOPEE CONSENT
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
RE: 2003 Budget Amendment Resolution No. 5976
DATE: November 12, 2003
Introduction
Attached is Resolution Number 5976, which amends the 2003
Budget.
BaCkground
The 2003 budget needs to be amended for four items listed below.
This is simply "housekeeping" except for item number 5.
1. Wages charged into Building Inspection by other
departments for plan review time.
2. Increased activity for Electrical Inspector.
3. Receipt and pass through' for the grant for the
Boulder Ridge housing project.
4. Changing the amount for the local tax abatement for
ADC from an expenditure to a transfer to the EDA.
5. Transfer 1 million dollars to Building Fund. Revenues for
development are 1.2 million ahead of budget as of 10/31.
Accordingly, the attached resolution is provided for Council
action.
Action
Offer Resolution Number 5976, A RESOLUTION AMENDING RESOLUTION
NO. 2820 A RESOLUTION ADOPTING THE 2003 BUDGET, and move its
adoption.
90/
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Gregg Voxland
Finance Director
g,\budget03\Budamend03
RESOLUTION NO. 5976
A RESOLUTION AMENDING RESOLUTION NO. 5820
A RESOLUTION ADOPTING THE 2003 BUDGET
WHEREAS, the City Council of the City of Shakopee has adopted a
Budget for 2003, 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 2003 Budget is amended as
follows:
General Fund
Division
Building Inspection $ 56,330
Planning (16,790)
Engineering (19,540)
Unallocated 200,000
Unallocated (25,000)
Transfer out to EDA 25,000
Transfer to Building Fund 1,000,000
Revenue - Grants 200,000
Electric Permits 20,000
Adopted in session of the City Council of the City
of Shakopee, Minnesota held this day of December, 2003.
Mayor of the City of Shakopee
ATTEST:
City Clerk