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<br />Cfty 0REQUEST FOR COUNCIL ACTION
<br />DATE: May 5, 1995
<br />ITEM NO: /
<br />Department Approval:
<br />Name Tom Kuchn
<br />Title Finance Director /
<br />Administrator Reviewed:Agenda Section:
<br />City Administrator's
<br />Report
<br />Item Description:
<br />1994 Budget Amendments
<br />BUDGET AMENDMENTS:
<br />The 1994 General Fund Budget year end results show revenues exceeding expendimres by
<br />approximately 5203,224. General Fund revenues were at $3,285,820 versus the budgeted
<br />amount of $3,152,666, a budget surplus of $133,154 or 4.22%. General Fund expenditures
<br />were at $3,082,596 versus the budgeted amounts of $3,152,666; under budget $70,070 or
<br />2.22%.
<br />Although the total General Fund expendimres are under budget, several departoients require
<br />budget amendments. A tabulation follows indicating the departments, original budget,
<br />amendment requested, and tina! budget amount.
<br />Department
<br />Elections
<br />Legal
<br />Fire
<br />Emergency Prep
<br />Engineering
<br />Park/Rec
<br />Spec Serv/Police
<br />:'pec Serv/Consult
<br />Recycling
<br />Spec Proj/Conting.
<br />Original Amended
<br />Budaet Amendment Budaet
<br />$ 8,390 $ 1,470 $ 9,860
<br />88,500 10,280 98,780
<br />199,473 (16,685)182,788
<br />2,550 975 3,525
<br />13,100 7,735 20,835
<br />53,696 2,044 55,740
<br />7,400 3,725 11,'25
<br />18,300 23,960 42,260
<br />91,327 (4,844)86,483
<br />130,495 (28,660)101,835
<br />-0-
<br />0
<br />Net amendments
<br />A brief explanation of the amendments follows:
<br />• The Elections budget increase is due to higher than anticipated personal service
<br />costs, as 1994 was an election year.
<br />• The Legal budget increase is for higher than normal consulting expendimres. The
<br />extraordinary items were the MPRS lawsuit, $8,650; Lasher Landing, $3,460,
<br />and the OBA ball field lease, $2,000.
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