04-14-1997 Council Packet - Laserfiche WebLink

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»» General Fund Budget Amendments A brief explanation of these overages is as follows: Administration The amendment is to fund overages in the personal services caused by the mid-year adjustment to the City Administrator's salary. Funds for this adjustment were budgeted in the Contingency account. Finance The amendment is to fund overages in the personal services caused by mid-year adjustments for the Assistant Finance Director and the Accountant/ Management Analyst. The adjustments were the result of position reviews in conjunction with the data processing system changes, instituted in late 1995. Assessing The amendment is to fund the increase in the assessor's contract for services, which is adjusted effective September 1, each year. Fire Protection The amendment is to fund the increase in the fire protection contract with the City of Wayzata, which was slightly higher than anticipated. Engineering The Engineering expenditures exceeded the budgeted amount due primarily to drainage problem related items. Special Serv'ices The Special Services account expenditures exceeded the budgeted amount due to higher than anticipated activity for police special duty assignments and higher than anticipated engineering costs related to development activity. These increased costs are offset by increases in related revenues. Transfers Out Transfers to the PIR Fund were approved July 22, 1976 to assist in funding the storm water management plan in the amount of $50,000, and to assist in funding storm water drainage projects, in the amount of $50,000. Contingency - (Land Purchase) The acquisition of the County owned two acre parcel located on the northeast comer of Old Crystal Bay Road and Highway 12 was approved June 10,1996, with funding to be provided by General Fund Reserv es. A budget amendment is required in the amount of $250,000. 4 !■ I I « Vfl