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(9)(c)
CITY COMMISSION REGULAR MTG
Meeting Date:
07/17/2019
Title:
Amend fiscal year 2018-2019 budget
Submitted For:
Laura Boyd
Submitted By:
Laura Boyd, Finance
Department:
Finance

Information

ACTION REQUEST (Brief Summary)

Consider and take action on Ordinance No. 19-18, amending the City's fiscal year 2018-2019 budget to appropriate funds for purchase of capital items for the Public Works Department. (Finance)

BACKGROUND

As referenced in Resolution 19-057 and Resolution 19-058, the Public Works Department is purchasing a 2017 Doosan Model DL200-5 wheel loader and a 2015 685C Motor Grader.

The wheel loader cost of $99,900, after trade-in, and the motor grader cost of $95,762, will be funded through the City's Capital Equipment Replacement Fund, Miscellaneous Equipment account. 

ANALYSIS

Budget Amendment:
Capital Equipment Replacement Fund (Fund 602):
Miscellaneous Equipment             $195,662.00
Unassigned fund balance            ($195,662.00)

ALTERNATIVES CONSIDERED


Fiscal Impact