Regular 3.C.
Regular City Council Meeting
- Meeting Date:
- 07/10/2017
- TITLE
- Public Hearing and Resolution for FY18 Budget Amendments - Local Street Snowplowing
- PRESENTED BY:
- Andy Zoeller
- Department:
- City Hall Administration
Presentation:
PROBLEM/ISSUE STATEMENT
Montana Code allows local governments to amend their fiscal year budgets by using the same method as used for the original budget adoption: public notice, public hearing and Council adopting a resolution. The following amendments are proposed for the FY 2018 Budget:
| Fund 2110 - Street/Traffic Operating | ||||
| This amendment is allow for the purchase of required snow plowing equipment and to pay contractors to perform local street plowing. This will be paid for with a transfer from the Street Maintenance District 2 fund. | ||||
| 2110-31320-403581 | 445,000 | Contracted Service | ||
| 2110-31320-409420 | 90,000 | Capital Outlay | ||
| Fund 8020 - Street Maintenance District | ||||
| The City Council approved assessing residents an additional cost for local street plowing at the June 12, 2017 meeting. This amendment allows for the transfer of those proceeds to the Street/Traffic Operating Fund. This will be funded through the increased assessments. | ||||
| 8020-31810-403958 | 535,000 | Street/Traffic Charge for Service | ||
ALTERNATIVES ANALYZED
The Council may: Approve the requested budget amendments; or Not approve the requested budget amendments. Disapproving these amendments will eliminate the proposed local street plowing plan or reduce spending on other Street/Traffic operations in FY 2018.
FINANCIAL IMPACT
The requested budget amendments will be funded by reserves or current revenue, as described in the budget resolution exhibits and above.
RECOMMENDATION
Staff recommends that the City Council conduct a public hearing and approve the resolution approving and adopting the budget amendments for the Fiscal Year 2018.